In recent weeks, I’ve presented many charts to illustrate why I am bullish on precious metals. Silver in particular has had a great couple of weeks, but I’d like you to take note of that dashed line.
Silver’s Surge Stop
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Dollar Beater
Below is a ratio chart of gold to the US dollar index. The basing pattern is complete, and we have ripped away from it. The last time this happened was late February 2020………..and I could have sworn, that’s when things started to get really, really interesting.
Buy Precious. Short Stocks.
One Ounce at a Time
Not trying to turn Slope into a metals website (promise!) but one other item I learned this week is an ETF symbol OUNZ which has the interesting twist that, upon request, they will deliver to you the physical gold that you own if you so choose. Here’s a link with information about the product (I have no affiliation).
Costco Silver Coins
This is going to be an odd post, but perhaps helpful to some of you. I’ve a fan of owning physical precious metals (both silver AND gold), and from time to time I’ve gone to Costco (of all places) to keep adding to my silver. I’m not sure why, but Costco’s price has DROPPED. I suspect they will correct eventually, but moments ago I placed this order (they only let you buy five 20-coin packs at a time):
