The Social Construction of (Gold) Reality

I have a book in my library called The Social Construction of Reality. Its basic thesis is that reality is socially constructed, or to put it another way, reality is what people believe it is. For example, if you moved to a new town and a rumor was circulated that you were an axe . . . → Read More: The Social Construction of (Gold) Reality

U.S. Manufacturing Grows 12 Months Straight; Jobs Up in Sector 8 Months in a Row

The ISM released its manufacturing report on business on Monday. Their index continued to show healthy growth in the sector. Perhaps even more encouraging is the employment growth measured in the report. It now registers an increase in jobs for 8 straight months and now at an accelerated pace.

Manufacturing continued to grow in . . . → Read More: U.S. Manufacturing Grows 12 Months Straight; Jobs Up in Sector 8 Months in a Row

Economic Events on August 3, 2010

The figures for motor vehicle sales in July will be released today.  The consensus estimate is that 8.8 million autos were sold last month, which would be 500,000 more than the number of autos sold in June.

At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on . . . → Read More: Economic Events on August 3, 2010

eBay: The Giant Marketplace

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