Gold Miners Break Resistance
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.
Long-Term Range Holds True
I’ve always been fascinated by the GDX/XME ratio. It has been cyclic for literally decades, and after reaching a lifetime high in February, it has been tracking downward nicely. I suspect it has years of plunge left in it.
Gold is Misunderstood, Allright
Gold is misunderstood, but the misunderstanding extends to those critical of others for misunderstanding it
In Wonderland what is, it wouldn’t be.
The subject of this post has been made anonymous, as I’ve decided to release it to a wider audience. Said subject anonymized those he was critical of and so, turnabout is fair play.
Elliott Wave technical analyst Mr. Anonymous (Mr. A) has an article explaining his view of why gold is misunderstood by analysts that claim it is a hedge against inflation and a hedge against stock market weakness. On the surface, he is correct. You cannot argue with facts and the facts are that gold has been a less than stellar inflation hedge (under certain inflationary circumstances) and it did go down significantly during Armageddon ’08 and the 2020 pandemic crash.
(more…)Holding Out for 2100
If gold can get beaten back down to the $2,100 level any time this year, I’m a size buyer. I think that would be a terrific price for a long-term hold of physical gold.
Silver Looking Better Than Ever
