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MarketFoolery

MarketFoolery: 07.16.2012

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 16 July 2012

⏱️ 17 minutes

🧾️ Download transcript

Summary

Gold prices slide. Mastercard and Visa make a deal with merchants. Nokia cuts prices.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Monday, July 16th.

0:04.0

Welcome to Market Foolery.

0:05.0

I'm Chris Hill and joining me in studio today

0:07.0

for Motley Full Inside Value Joe Meager,

0:10.0

and from Motley Full Options,

0:11.0

and the Great White North.

0:13.1

Jim Gillies in the house.

0:14.5

Oh, how you doing?

0:15.7

Good to see it, Canada, baby.

0:17.2

As always, I'm thrilled that our Border Patrol just

0:20.6

completely locked security.

0:21.6

Lack security and let you into our country.

0:24.0

We're going to talk about credit cards.

0:25.4

We're going to talk about gold.

0:26.6

We are going to start with smartphones.

0:29.1

Nokia's Lumbia 900 Windows phone hit the U. in April with a price tag of $99.

0:36.4

That's of course with a two-year agreement with AT&T.

0:39.6

And now just three months later, the price has been cut in half. So Joe if you're looking for a new phone you can you can now get a

0:46.9

Alumia 900 for only 49 dollars I'm this seems like one of those things that's good for consumers.

0:52.9

I'm wondering how good is this for Nokia.

0:54.8

I'd say it's good for consumers if you know the phone exists and most of them don't and

0:59.9

you're probably not going to get it.

...

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