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Art Trader

Art Trader
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  • Lonely Bears and the Successful Bubble [View article]
    MaxieBoy gives the thumbs up to his own pointless comment! Yay! Brilliance!
    Apr 26, 2010. 09:21 PM | Likes Like |Link to Comment
  • eHealth: Less Commission After Reform [View article]
    Absolutely. Time to double down.
    Apr 13, 2010. 09:17 AM | Likes Like |Link to Comment
  • Dow Jones and the 'Barbarous Relic' [View article]
    I never indicated that it is harmful, but rather that it fails to be helpful.
    Apr 12, 2010. 10:43 AM | 1 Like Like |Link to Comment
  • Dow Jones and the 'Barbarous Relic' [View article]
    Price per share is irrelevant.
    Apr 11, 2010. 06:27 PM | Likes Like |Link to Comment
  • Dow Jones and the 'Barbarous Relic' [View article]
    I'll keep the productive placeholders, thank you very much.
    Apr 11, 2010. 06:23 PM | 1 Like Like |Link to Comment
  • Dow Jones and the 'Barbarous Relic' [View article]
    Sitting on gold CAUSES the economy to grow. Sure.
    Apr 10, 2010. 08:56 AM | 1 Like Like |Link to Comment
  • Dow Jones and the 'Barbarous Relic' [View article]
    No risk in owning it, and but also little reward for simply OWNING it besides your own Scrooge McDuck sense of satisfaction. It is trading it that has reward. The risk is in compromising valuable assets for the opportunity to possess it. Otherwise you could have bought something with utility. Now maybe you won't want to own part of a valuable company (or own all of your own company), or add efficiency to your operations or even home economy and stop the bleeding of cash. But someday you'll want the gold to DO SOMETHING for you. And had you owned Midwest farmland, for example, you could have rented it out to more than pay the taxes, you have a store of wealth that paid you. Or you could get some dividend paying stocks of companies that actually do something.
    Apr 10, 2010. 08:55 AM | 1 Like Like |Link to Comment
  • Dow Jones and the 'Barbarous Relic' [View article]
    So the statement from Keynes "prompted us to find out whether or not gold is an absolutely useless asset in investments". Do you think he was talking about 1 person's investment (or more accurately, trading) portfolio? Or was he referring to a larger-scale economic matter - the benefits of an improved standard of living through technology and needed goods and services at affordable prices for the average person?

    Imagine every person that plans to have a period of retirement buying gold along the way, holding it, then dropping 4% of it per year back onto the market during retirement. Please tell me what economic benefit is it to anyone while it sits in vaults, possibly appreciating against a fiat currency? None (with the exception of keeping the safe deposit boxes rented for $40/year and sending some cash to gold miners.) By the way, why do you think people start gold mining businesses, to have gold? No, it's to have money, cash flow, a share of a cash-generating business. Because cash has utility. And their business has utility - selling you gold, while they use your cash to do something useful. Good luck paying your taxes, utilities, supermarket, insurance premiums, car dealer, and gas station with gold.
    Apr 9, 2010. 09:02 AM | 1 Like Like |Link to Comment
  • Without U.S. Government, There Isn't Much of a Housing Market [View article]
    Should be a boon for Dolan Media's (DM) mortgage default processing services.
    Apr 5, 2010. 12:12 PM | 2 Likes Like |Link to Comment
  • eHealth: Less Commission After Reform [View article]
    Who do you think will survive with a lower commission structure - the brick-and-mortar agencies or EHTH? Do you think your local agent has a chance will be providing software licensing for 50 state exchanges? And if Boeing and IBM think they will have significant charges for health care reform on their balance sheets because of coverage for their employees (without a tax benefit), so will those more labor-intensive insurance agencies. EHTH has way more to benefit, and much less to lose. I'm finished.
    Apr 3, 2010. 02:37 PM | 1 Like Like |Link to Comment
  • Cloud Computing: Considering the Investment Implications [View article]
    Don't Forget Chyron (CHYR), which is making significant headway in providing SaaS graphics and workflow management for television production. Next quarters earnings should reflect NBC's Winter Olympics coverage. They also hope to announce a few "enterprise-level" customers soon. They already support Gannett stations with their software.
    Mar 29, 2010. 04:49 PM | Likes Like |Link to Comment
  • Jobless Claims Fall to 18-Month Low [View article]
    Yep, it's becoming difficult to fire many more people. You can't fire HR, you need them to do the firing. Productivity should be up with everyone's movement to a bare-bones staff.
    Mar 25, 2010. 01:07 PM | 2 Likes Like |Link to Comment
  • World's Richest Man: The Evolution of Mexico's Carlos Slim [View article]
    a third of America Movil is only $23 million?
    Mar 11, 2010. 02:43 PM | 2 Likes Like |Link to Comment
  • Lessons From the Best-Performing Stocks [View article]
    I would like the list of all 15
    Feb 16, 2010. 11:39 AM | Likes Like |Link to Comment
  • The Case Against Diversification and Holding Cash [View article]
    How did staying away from cash work out since March 2008? Probably would have been a better article around March 2009. Enjoy the ride!
    Feb 12, 2010. 07:14 AM | Likes Like |Link to Comment