March 14th, 2010
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COMMENTARY for Thursday

Our Investment Choice for the Ages: a Warhol

by Rick Ackerman on November 19, 2009 12:01 am GMT · 9 comments

If we were to pick the one investment most likely to outperform all others over the next hundred or even five hundred years, it would be a painting by Andy Warhol. The artist’s soup cans, Brillo boxes and Marilyn Monroe silkscreens will probably be as recognizable centuries from now as they are today, powerful icons of an age in which beauty itself came to be repudiated by artists and disdained by dealers (if not necessarily by their clients). Perhaps centuries from now, historians and art critics will have a better idea of how this came to be, and how even prestigious museums like the Whitney got hooked on trash. The longer these disturbing trends continue, however, the greater will be the dollar value of » Read the full article


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GCZ09 – Comex December Gold (Last:1143.00)

by Rick Ackerman on November 19, 2009 10:23 am GMT

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CLZ09 – December Crude (Last:77.48)

by Rick Ackerman on November 19, 2009 10:39 am GMT

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ESZ09 – E-Mini S&P (Last:1102.50)

by Rick Ackerman on November 19, 2009 10:48 am GMT

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GS – Goldman Sachs (Last:171.89)

by Rick Ackerman on November 19, 2009 10:57 am GMT

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HUI – Gold Bugs Index (Last:473.97)

by Rick Ackerman on November 19, 2009 11:07 am GMT

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