So, the markets are a complete disaster area today — even gold is down, and marginal safe haven commodity silver (SLV) has bombed atrociously just after climbing out of the crater of a crash from two months back. But I had to laugh when I looked at CNN and found them reusing an image which first appeared the other day:
This guy looks just like someone we know well — someone we know and love from cinema! It’s…
Seriously, this guy — crumpled, despairing, on the edge of tears — looks just like Sam after Gollum convinced Frodo that Sam wanted the ring for himself, up above Minas Morgul. Samwise the Grave, trapped in a bull pit, watching money flow out of the market and into mattresses across the world. Poor guy.
If hardship brings out the best in us (as Americans often say, although often at the wrong moments), the stock markets often bring out the worst in us: fear and greed. This July definitely belongs to fear, almost as much as all of 2009 did. Fear is a destructive force all it’s own. If only these issues could be solved with a short sword and a little starlight captured in a vial of mirror water…














