Message:

<p>[QUOTE=&quot;mrbrklyn, post: 481899, member: 4381&quot;]That is not the same thing.&nbsp; First, its a question if healthcare is a true market, but that is a discussion for another day and for the Politics and Religion forum.&nbsp; Secondly, each doctor is making an independent evaluation based on the medical facts and each independent evaluation is seperate from the other.</p><p><br /></p><p><br /></p><p><br /></p><p>Its not charging for the opinion that is fraud.&nbsp; Once you move off that point you&#039;ll start to understand how CAC is a classic fraud.&nbsp; Doctors make their income practicing Medicine.&nbsp; Lawyers make their money practicing Law.&nbsp; Consumer reports makes their money as a non-profit evaluating and testing products.</p><p><br /></p><p>Joe Guinness on the street corner is making his money giving a thumbs up and a thumbs down on a Consumers Reports articiles reliability ??&nbsp; and is selling the products that Consumers Reports is reporting on?&nbsp; That is fraud.</p><p><br /></p><p>And that is what CAC is doing.&nbsp; CAC does not have a profit center based on their grading.&nbsp; If they did they would be slabbing or doing something of the same thing.&nbsp; They are making their money giving a thumbs up and a thumbs down on the grades in the slabs.&nbsp; That is a classic fraud and in the stock market that would be a violation.&nbsp; They refuse to compete in the grading services market.&nbsp; I&#039;ll repeat this:&nbsp; <b>They refuse to compete in the grading services market.</b>&nbsp; They&#039;re profits are driven not by grading but the direct impact that their stickers have on the market behaviors of coins with stickers.&nbsp; That is why they are coming out with fraudulent statements such as, &quot;Coins without the CAC sticker aren&#039;t legitimate and dealers that don&#039;t participate in the CAC program aren&#039;t legitimate.&quot;&nbsp; That was pretty much what was written this week and it is 100% expected behavior with the business model they have created.</p><p><br /></p><p>No legitimate TPGing company would make this kind of statement and if they did, they&#039;d be rightfully raked for it.&nbsp; PCGS would never say that dealers who refuse to slab their coins with PCGS are suspect.&nbsp; Their business model isn&#039;t driven by that.&nbsp; Their business model is driven by grading and slabbing coins.&nbsp; The value of that service is whatever it is to the coin owner.&nbsp; It is not market targeted, and it isn&#039;t a hedge on someone else&#039;s grading.&nbsp; They grade the coin.&nbsp; CAC grades the GRADER.</p><p><br /></p><p><br /></p><p><br /></p><p>With all due respect, no - your not doing anything LIKE CAC.&nbsp; first, your not making any money on this.&nbsp; So your completely clear from the market forces that inevitably drive CAC towards misconduct.&nbsp; Secondly, your not putting your little sticker on it in, or putting stickers en mass on coins thereby intentionally affecting market forces.&nbsp; Your GRADING coins for INDIVIDUALS, slabbed or not slabbed.&nbsp; If you decide to turn this into a sideline I strongly suggest you slab the coins your going grade or you will be affected by the same greed that builds market forces to inevitably misrepresent the value of the CAC stickers and by the need to create differentiations real or imagined that propels your market.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>The minute you take money for this you&#039;ve essentially set up a house of cards, and yes, you will be either forced into a fraudulent methodology or you&#039;ll go broke.</p><p><br /></p><p><br /></p><p>Now where this gets interesting is this.&nbsp; Say your dealing coins.&nbsp; And you have these slabbed coins and your evaluating them either for a purchase or a sale.&nbsp; And your talking to your client.&nbsp; Your now a direct participant in the transaction and you might also be propelled to make fraudulent statements or transactions.&nbsp; But chances are you won&#039;t last long in the market like that as your reputation goes down the tubes.&nbsp;&nbsp; THAT is a normal market transaction.&nbsp; But that is entirely not what CAC is doing.&nbsp; The only market force that they will respond to in a free market is the amount of FUD they can create.</p><p><br /></p><p><br /></p><p><br /></p><p>If I&#039;m wrong so is every business school in the nation.&nbsp; I still love you though.&nbsp; When you separate a hedge evaluation from the buyer and the seller your building a house of cards.</p><p><br /></p><p>Ruben[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in