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.

Gold & US Banks; a Critical Juncture

By -

piggybankIt’s all about confidence, right? Right.

In 2011, when the commodity and ‘inflation’ trades blew out, the Federal Reserve was completely discredited, with gold bugs out front poking them in the eye with taunts of “Helicopter Ben”. Markets rebelled against the Fed by sending silver to $50 and commodities in general to an all-time high.

Today, we have come 180° as market participants the world over have been conditioned to revere policy made from on high. Herds being what they are, every utterance from the jawbones of these former buffoons is respected in the form of instantaneous market movement. It’s as if everyone believes the Fed is in total control.

One indicator that this confidence is coming unwound would be a breakdown in the banks. They are right at key… as in critical… as in bull market… support. Not surprisingly, gold has taken on an inverse stance to the Pigs. This should be interesting.

bkx.gold

Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com.

One Chart That Says It All

By -

Here’s my chart of the VIX. I’ve put a blue dot at the peak of each spike. One thing is clear: the kind of market I enjoy (panic, mayhem, chaos) is going to be happening with more frequency than in the past, as illustrated by the rounded rectangles.

Times are changing, folks. The forces of evil (Yellen) will succumb to the forces of light and goodness (Slopers). Lay waste to the darkness. There will be blood.

0106-vix