The stock is market where stored labor works. Contributing editor for this Danny Silkglass stock market memorial blog is now Sam Hill.

Sunday, 18 August 2013

gold dipping season

You cannot discover new
oceans unless you have
the courage to leave the shore.
Think all the usual suspects around here still are sitting tight waiting for the low volume of August to pass under the bridge. My sense is that many of them are upwards of three quarters in stocks. So like the market in general they are not talking up any particular view. Their posture is anyway, that they are not too worried. However, stories are cropping up in the press about the canal putting a crimp in the "recovery." Oh well, whistling past the canal is what speculators are getting paid for. Sam Hill General Editor

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