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    <title>Yorick's Comments</title>
    <description>Yorick's Comments RSS Syndication from SeekingAlpha.com</description>
    <link>http://seekingalpha.com/user/580498/comments</link>
    <item>
      <title>How To Book 45% Gains In The Next Leg Of The Real Estate Recovery</title>
      <link>http://seekingalpha.com/article/1456721/comments?source=feed#comment-19169751</link>
      <guid isPermaLink="false">19169751</guid>
      <content>
        <![CDATA[Agree, last three year &quot;tranches&quot; of PMI have normal default rates due to the tight standards the banks now issue.  Retail banks worry about clawbacks and mortgagee lawsuits so expect high quality sourcing form the TBTF morgage originators.  As prices rise, underwater numbers are declining quickly which should free ups more volume, slow price increases and generally improve the industry.  No reason to think as long as mortgage rates stay under 4.25% this would change.]]>
      </content>
      <pubDate>Thu, 23 May 2013 13:13:57 -0400</pubDate>
      <description>
        <![CDATA[Agree, last three year &quot;tranches&quot; of PMI have normal default rates due to the tight standards the banks now issue.  Retail banks worry about clawbacks and mortgagee lawsuits so expect high quality sourcing form the TBTF morgage originators.  As prices rise, underwater numbers are declining quickly which should free ups more volume, slow price increases and generally improve the industry.  No reason to think as long as mortgage rates stay under 4.25% this would change.]]>
      </description>
    </item>
    <item>
      <title>Kick Far Overbought, Triple Topped Lululemon To The Curb</title>
      <link>http://seekingalpha.com/article/1456321/comments?source=feed#comment-19155811</link>
      <guid isPermaLink="false">19155811</guid>
      <content>
        <![CDATA[Good article, agree that this is a fad and that with everyone from Walmart to Target jumping on this yoga clothes move, it gets hard even as a gift to justify pants for $90 that you know cost them $15.]]>
      </content>
      <pubDate>Thu, 23 May 2013 08:32:32 -0400</pubDate>
      <description>
        <![CDATA[Good article, agree that this is a fad and that with everyone from Walmart to Target jumping on this yoga clothes move, it gets hard even as a gift to justify pants for $90 that you know cost them $15.]]>
      </description>
    </item>
    <item>
      <title>This Is How Much Nokia Made From Patents Last Year</title>
      <link>http://seekingalpha.com/article/1448021/comments?source=feed#comment-19076241</link>
      <guid isPermaLink="false">19076241</guid>
      <content>
        <![CDATA[They sold 500 of their patents to VRNG not so long ago and their head counsel D. Cohen went to VRNG too.  I infer that him shifting companies on the move of those patents means there was some significant value in them that may have been unknown by NOK.]]>
      </content>
      <pubDate>Tue, 21 May 2013 12:34:25 -0400</pubDate>
      <description>
        <![CDATA[They sold 500 of their patents to VRNG not so long ago and their head counsel D. Cohen went to VRNG too.  I infer that him shifting companies on the move of those patents means there was some significant value in them that may have been unknown by NOK.]]>
      </description>
    </item>
    <item>
      <title>Why Inflation Never Came</title>
      <link>http://seekingalpha.com/article/1448811/comments?source=feed#comment-19072231</link>
      <guid isPermaLink="false">19072231</guid>
      <content>
        <![CDATA[Go plunk weights in on myinflationrate.com and see what your real inflation rate is...my is 2-3x what the government tells me it is.  Housing part of the CPI is erroneous for most people.  If you are paying a mortgage then town/city taxes are where your inflation is.  Rent might go up for you but many landlords want to keep who they have and don't regularly increase rent.  Education, energy, autos, food, healthcare going through the roof; housing and clothes, not so much.]]>
      </content>
      <pubDate>Tue, 21 May 2013 11:02:28 -0400</pubDate>
      <description>
        <![CDATA[Go plunk weights in on myinflationrate.com and see what your real inflation rate is...my is 2-3x what the government tells me it is.  Housing part of the CPI is erroneous for most people.  If you are paying a mortgage then town/city taxes are where your inflation is.  Rent might go up for you but many landlords want to keep who they have and don't regularly increase rent.  Education, energy, autos, food, healthcare going through the roof; housing and clothes, not so much.]]>
      </description>
    </item>
    <item>
      <title>This just in. Precious metals (GLD +2.2%), (SLV +2.6%) are sharply higher on the session after a panicky Sunday evening plunge brought both to multi-year lows. Other than dollar weakness (UUP -0.5%) across the board, there's no news in particular - perhaps some satiated bears decided to cover and a trend took hold.</title>
      <link>http://seekingalpha.com/currents/post/1035461?source=feed#comment-19032811</link>
      <guid isPermaLink="false">19032811</guid>
      <content>
        <![CDATA[Or maybe because like everything else in the &quot;investment&quot; world today, someone stepped in to ensure that a plunge didn't occur.  So much for real price discovery.  ]]>
      </content>
      <pubDate>Mon, 20 May 2013 12:49:17 -0400</pubDate>
      <description>
        <![CDATA[Or maybe because like everything else in the &quot;investment&quot; world today, someone stepped in to ensure that a plunge didn't occur.  So much for real price discovery.  ]]>
      </description>
    </item>
    <item>
      <title>Uranium's Dirty Little Secret - Investors Take Note</title>
      <link>http://seekingalpha.com/article/1403511/comments?source=feed#comment-18857171</link>
      <guid isPermaLink="false">18857171</guid>
      <content>
        <![CDATA[Real issue is whether the megatons for megawatts program is extended.  If so, expect more of what we've seen over the last 2 years.  If not, the author's thesis is spot on.]]>
      </content>
      <pubDate>Wed, 15 May 2013 13:24:03 -0400</pubDate>
      <description>
        <![CDATA[Real issue is whether the megatons for megawatts program is extended.  If so, expect more of what we've seen over the last 2 years.  If not, the author's thesis is spot on.]]>
      </description>
    </item>
    <item>
      <title>iShares Netherlands: Visit Amsterdam, But Invest Elsewhere</title>
      <link>http://seekingalpha.com/article/1420071/comments?source=feed#comment-18669601</link>
      <guid isPermaLink="false">18669601</guid>
      <content>
        <![CDATA[Nice article...fundamentally I've started considering the large multi-nationals that make up these &quot;country&quot; ETFs as not terribly indicative of the country itself.  Too many of them, and particularly in the US make a majority of their revenues outside the country borders and don't repatriate the money meaning their impact on providing the country with benefits are getting lower.  Rather than investing in new R&amp;D facilities and the like in the US, Apple keeps billions sitting in the Caymans or Bermuda waiting for worldwide bids for their development $$.  ]]>
      </content>
      <pubDate>Fri, 10 May 2013 09:37:07 -0400</pubDate>
      <description>
        <![CDATA[Nice article...fundamentally I've started considering the large multi-nationals that make up these &quot;country&quot; ETFs as not terribly indicative of the country itself.  Too many of them, and particularly in the US make a majority of their revenues outside the country borders and don't repatriate the money meaning their impact on providing the country with benefits are getting lower.  Rather than investing in new R&amp;D facilities and the like in the US, Apple keeps billions sitting in the Caymans or Bermuda waiting for worldwide bids for their development $$.  ]]>
      </description>
    </item>
    <item>
      <title>Vringo (VRNG): Q1 EPS of -$0.15 misses by $0.11.</title>
      <link>http://seekingalpha.com/currents/post/1016191?source=feed#comment-18647931</link>
      <guid isPermaLink="false">18647931</guid>
      <content>
        <![CDATA[Much better than the -0.43 loss in the same quarter last year...only $4.8M in litigation expenses with $49M left...more than enough to get through the next 12 months...]]>
      </content>
      <pubDate>Thu, 09 May 2013 17:31:51 -0400</pubDate>
      <description>
        <![CDATA[Much better than the -0.43 loss in the same quarter last year...only $4.8M in litigation expenses with $49M left...more than enough to get through the next 12 months...]]>
      </description>
    </item>
    <item>
      <title>This Housing And Stock Market Rally Is Government-Induced And Can't Be Trusted</title>
      <link>http://seekingalpha.com/article/1326091/comments?source=feed#comment-18587721</link>
      <guid isPermaLink="false">18587721</guid>
      <content>
        <![CDATA[And no more housing market...]]>
      </content>
      <pubDate>Wed, 08 May 2013 14:03:33 -0400</pubDate>
      <description>
        <![CDATA[And no more housing market...]]>
      </description>
    </item>
    <item>
      <title>Not So Fast With The Countrywide Settlement</title>
      <link>http://seekingalpha.com/article/1359241/comments?source=feed#comment-18531141</link>
      <guid isPermaLink="false">18531141</guid>
      <content>
        <![CDATA[I still have this feeling that BAC was Told by Paulson to take them over but yes if that was the case, I would have expected that BAC wouldn't have been taken to the cleaners as badly as they have.]]>
      </content>
      <pubDate>Tue, 07 May 2013 09:26:51 -0400</pubDate>
      <description>
        <![CDATA[I still have this feeling that BAC was Told by Paulson to take them over but yes if that was the case, I would have expected that BAC wouldn't have been taken to the cleaners as badly as they have.]]>
      </description>
    </item>
    <item>
      <title>Stop Gambling On Patent Lawsuits</title>
      <link>http://seekingalpha.com/article/1405131/comments?source=feed#comment-18501621</link>
      <guid isPermaLink="false">18501621</guid>
      <content>
        <![CDATA[The reality is that many large businesses are unknowable no matter how much time is put in.  JNJ is AAA rated by Moody's and even if I could understand all the drug jargon and its multinational balance sheet, could I really understand the risk if someone decides to pull a Tylenol scare again?  Can I really understand Exxon or IBM and know that they had a pipeline of products or defense of patents to keep their profits growing?  &quot;Investing&quot; is gambling and it helps to have some idea of macro economics, industry fundamentals and company SWOT, but at the end of the day, unless you run the company (and even then maybe not -ask Jamie Dimon), you are still gambling. ]]>
      </content>
      <pubDate>Mon, 06 May 2013 14:24:04 -0400</pubDate>
      <description>
        <![CDATA[The reality is that many large businesses are unknowable no matter how much time is put in.  JNJ is AAA rated by Moody's and even if I could understand all the drug jargon and its multinational balance sheet, could I really understand the risk if someone decides to pull a Tylenol scare again?  Can I really understand Exxon or IBM and know that they had a pipeline of products or defense of patents to keep their profits growing?  &quot;Investing&quot; is gambling and it helps to have some idea of macro economics, industry fundamentals and company SWOT, but at the end of the day, unless you run the company (and even then maybe not -ask Jamie Dimon), you are still gambling. ]]>
      </description>
    </item>
    <item>
      <title>Coal Faces Tremendous Long-Term Problems</title>
      <link>http://seekingalpha.com/article/1380711/comments?source=feed#comment-18317891</link>
      <guid isPermaLink="false">18317891</guid>
      <content>
        <![CDATA[Yes, Cloud River is cheapest and most likely to hit the West Coast for export to China / India...with earnings hit today, starting to get interesting, especially as natgas increases which is in part due to declining rig count.]]>
      </content>
      <pubDate>Wed, 01 May 2013 12:18:12 -0400</pubDate>
      <description>
        <![CDATA[Yes, Cloud River is cheapest and most likely to hit the West Coast for export to China / India...with earnings hit today, starting to get interesting, especially as natgas increases which is in part due to declining rig count.]]>
      </description>
    </item>
    <item>
      <title>Bail-Out Is Out, Bail-In Is In: Time For Some Publicly Owned Banks</title>
      <link>http://seekingalpha.com/article/1382581/comments?source=feed#comment-18316711</link>
      <guid isPermaLink="false">18316711</guid>
      <content>
        <![CDATA[If paper gold dictates the price of gold then what is the value in a crisis of the gold in hand?...No one would know and depends on how desperate you are and what the counterparty will demand.]]>
      </content>
      <pubDate>Wed, 01 May 2013 11:52:02 -0400</pubDate>
      <description>
        <![CDATA[If paper gold dictates the price of gold then what is the value in a crisis of the gold in hand?...No one would know and depends on how desperate you are and what the counterparty will demand.]]>
      </description>
    </item>
    <item>
      <title>Amazon - What If Valuation Mattered?</title>
      <link>http://seekingalpha.com/article/1383391/comments?source=feed#comment-18274381</link>
      <guid isPermaLink="false">18274381</guid>
      <content>
        <![CDATA[AMZN can levitate for a while longer until it grows so big that it is clear that without breaking up, it will never see decent earnings to support its retailing P/E.  If internet tax goes through, that may be the catalyst to value it like the GAP.  Until then, the stock is supported through the somewhat substantiated argument that as long as there is brick and mortar retail still remaining to kill off, this company will be the winner.  Best Buy on fumes, Radioshack declining, Sears struggling, SPLS not growing, now WMT slowing to a stop...is it Amazon or the economy?  Doesn't matter, if the premise is retail (at least big box) can be destroyed, this stock will stay up as the benefactor of the destruction.]]>
      </content>
      <pubDate>Tue, 30 Apr 2013 12:30:10 -0400</pubDate>
      <description>
        <![CDATA[AMZN can levitate for a while longer until it grows so big that it is clear that without breaking up, it will never see decent earnings to support its retailing P/E.  If internet tax goes through, that may be the catalyst to value it like the GAP.  Until then, the stock is supported through the somewhat substantiated argument that as long as there is brick and mortar retail still remaining to kill off, this company will be the winner.  Best Buy on fumes, Radioshack declining, Sears struggling, SPLS not growing, now WMT slowing to a stop...is it Amazon or the economy?  Doesn't matter, if the premise is retail (at least big box) can be destroyed, this stock will stay up as the benefactor of the destruction.]]>
      </description>
    </item>
    <item>
      <title>S&amp;P 500's P/E Down To 16.1x: A Tale Of Two Markets</title>
      <link>http://seekingalpha.com/article/1356531/comments?source=feed#comment-17927501</link>
      <guid isPermaLink="false">17927501</guid>
      <content>
        <![CDATA[If you take out the last 3 Fed inspired bubbles (we are in one now) with regard to P/E, I would bet that you would find that the average P/E in the last 30 years should be more around the 10-11 area....meaning we are unquestionably overbought heading into worldwide slowdown...takes a while for fundamentals to all point in the same direction with the misdirection and lowered analyst estimate &quot;beats&quot; but make no mistake, things are stalling fast.]]>
      </content>
      <pubDate>Mon, 22 Apr 2013 09:10:25 -0400</pubDate>
      <description>
        <![CDATA[If you take out the last 3 Fed inspired bubbles (we are in one now) with regard to P/E, I would bet that you would find that the average P/E in the last 30 years should be more around the 10-11 area....meaning we are unquestionably overbought heading into worldwide slowdown...takes a while for fundamentals to all point in the same direction with the misdirection and lowered analyst estimate &quot;beats&quot; but make no mistake, things are stalling fast.]]>
      </description>
    </item>
    <item>
      <title>The Fundamentals Are Starting To Matter</title>
      <link>http://seekingalpha.com/article/1357801/comments?source=feed#comment-17927271</link>
      <guid isPermaLink="false">17927271</guid>
      <content>
        <![CDATA[Spot on, macro and micro fundamentals can be ignored when each week half seem to go in one direction and half the other; until like a compass they all seem to be pointing in one direction which will have at least some traders happy to take a 10% gain  this year to the bank.]]>
      </content>
      <pubDate>Mon, 22 Apr 2013 09:06:03 -0400</pubDate>
      <description>
        <![CDATA[Spot on, macro and micro fundamentals can be ignored when each week half seem to go in one direction and half the other; until like a compass they all seem to be pointing in one direction which will have at least some traders happy to take a 10% gain  this year to the bank.]]>
      </description>
    </item>
    <item>
      <title>Google Claims To Have Defeated Vringo Search Patents</title>
      <link>http://seekingalpha.com/article/1345651/comments?source=feed#comment-17728261</link>
      <guid isPermaLink="false">17728261</guid>
      <content>
        <![CDATA[Exactly, by the time the patent is even reviewed, 2016 will have arrived...no issue]]>
      </content>
      <pubDate>Wed, 17 Apr 2013 08:41:22 -0400</pubDate>
      <description>
        <![CDATA[Exactly, by the time the patent is even reviewed, 2016 will have arrived...no issue]]>
      </description>
    </item>
    <item>
      <title>Google Claims To Have Defeated Vringo Search Patents</title>
      <link>http://seekingalpha.com/article/1345651/comments?source=feed#comment-17710341</link>
      <guid isPermaLink="false">17710341</guid>
      <content>
        <![CDATA[This has become ridiculous..Judge Jackson has and continues to lose control of &quot;justice&quot; in this case.]]>
      </content>
      <pubDate>Tue, 16 Apr 2013 18:56:11 -0400</pubDate>
      <description>
        <![CDATA[This has become ridiculous..Judge Jackson has and continues to lose control of &quot;justice&quot; in this case.]]>
      </description>
    </item>
    <item>
      <title>Is MGT About To Receive A Big Settlement?</title>
      <link>http://seekingalpha.com/article/1333911/comments?source=feed#comment-17486041</link>
      <guid isPermaLink="false">17486041</guid>
      <content>
        <![CDATA[So the point of this article is that we should infer that illegal insider trading is spurring volume?  VRNG has this type of gain every time someone posts a rumor.]]>
      </content>
      <pubDate>Thu, 11 Apr 2013 08:27:16 -0400</pubDate>
      <description>
        <![CDATA[So the point of this article is that we should infer that illegal insider trading is spurring volume?  VRNG has this type of gain every time someone posts a rumor.]]>
      </description>
    </item>
    <item>
      <title>The Hysteria Of Vringo</title>
      <link>http://seekingalpha.com/article/1328151/comments?source=feed#comment-17410371</link>
      <guid isPermaLink="false">17410371</guid>
      <content>
        <![CDATA[I don't have a problem losing money in a stock that quite honestly has won at every turn except the two that had to do with money.  What I do have a problem with is that the wheels in this &quot;rocket docket&quot; take 2 years to mete out justice. ]]>
      </content>
      <pubDate>Tue, 09 Apr 2013 13:59:19 -0400</pubDate>
      <description>
        <![CDATA[I don't have a problem losing money in a stock that quite honestly has won at every turn except the two that had to do with money.  What I do have a problem with is that the wheels in this &quot;rocket docket&quot; take 2 years to mete out justice. ]]>
      </description>
    </item>
    <item>
      <title>"The fall may become an avalanche," says George Soros of Japan's "balls to the wall" devaluation policy. Perception is everything and once the Japanese citizenry sees the currency's value can actually decline, they may decide to look elsewhere to store their money, he suggests. FXY -10% YTD.</title>
      <link>http://seekingalpha.com/currents/post/927481?source=feed#comment-17256821</link>
      <guid isPermaLink="false">17256821</guid>
      <content>
        <![CDATA[Those who get out first, get out best  - Iceland]]>
      </content>
      <pubDate>Fri, 05 Apr 2013 08:15:43 -0400</pubDate>
      <description>
        <![CDATA[Those who get out first, get out best  - Iceland]]>
      </description>
    </item>
    <item>
      <title>Vringo: How Much Is A Settlement With Microsoft?</title>
      <link>http://seekingalpha.com/article/1312881/comments?source=feed#comment-17115561</link>
      <guid isPermaLink="false">17115561</guid>
      <content>
        <![CDATA[If VRNG licenses the patents to Bing and not to Google, does that allow VRNG or MSFT to sue for an injunction as Google is now clearly willfully infringing?]]>
      </content>
      <pubDate>Tue, 02 Apr 2013 12:02:50 -0400</pubDate>
      <description>
        <![CDATA[If VRNG licenses the patents to Bing and not to Google, does that allow VRNG or MSFT to sue for an injunction as Google is now clearly willfully infringing?]]>
      </description>
    </item>
    <item>
      <title>2013: Year Of Continued Struggle For Netflix</title>
      <link>http://seekingalpha.com/article/1301761/comments?source=feed#comment-16896111</link>
      <guid isPermaLink="false">16896111</guid>
      <content>
        <![CDATA[And in this silly market, people will continue to buy it on hopes Walmart, Amazon or Disney will buy it out for $300/share...that's how this market works now.]]>
      </content>
      <pubDate>Wed, 27 Mar 2013 15:48:45 -0400</pubDate>
      <description>
        <![CDATA[And in this silly market, people will continue to buy it on hopes Walmart, Amazon or Disney will buy it out for $300/share...that's how this market works now.]]>
      </description>
    </item>
    <item>
      <title>The False Link Between Higher Stocks And A Stronger Economy</title>
      <link>http://seekingalpha.com/article/1303161/comments?source=feed#comment-16892101</link>
      <guid isPermaLink="false">16892101</guid>
      <content>
        <![CDATA[At a very high level, there is a recovery.  The Fed probably did the only thing the government could do to try to keep a Depression from happening.  That said, banks may be deleveraging as are retiring baby boomers.  Pile on $15T in more debt and the apparent inability of any government to get a postive ROI on taxpayer or bond money,  and you have the makings of stagflated go-nowhere economy until either you deleverage enough (unlikely given SS, FHA, Medicare, Medicaid, SSDI etc..) or a crash takes your debt away quickly.  Neither scenario is a joy to anticipate.]]>
      </content>
      <pubDate>Wed, 27 Mar 2013 14:00:05 -0400</pubDate>
      <description>
        <![CDATA[At a very high level, there is a recovery.  The Fed probably did the only thing the government could do to try to keep a Depression from happening.  That said, banks may be deleveraging as are retiring baby boomers.  Pile on $15T in more debt and the apparent inability of any government to get a postive ROI on taxpayer or bond money,  and you have the makings of stagflated go-nowhere economy until either you deleverage enough (unlikely given SS, FHA, Medicare, Medicaid, SSDI etc..) or a crash takes your debt away quickly.  Neither scenario is a joy to anticipate.]]>
      </description>
    </item>
    <item>
      <title>The U.S. Housing Bubble Is Back</title>
      <link>http://seekingalpha.com/article/1285281/comments?source=feed#comment-16504511</link>
      <guid isPermaLink="false">16504511</guid>
      <content>
        <![CDATA[Why:<br/>1.  Tighter inventory than in the past several years as banks learned that dumping the shadow inventory all at once was counterproductive.<br/>2.  50 year lows in mortgage rates<br/>3.  FHA has gone out of their way to re-ignite NINJA loans<br/>4.  Savvy cash investors are building and buying multi-family homes.  Doesn't take a genius to see retirement for a majority of boomers is entirely dependent on them either working til death or selling their homes and renting til death.<br/><br/>Net: FHA bump is over as they are bankrupt.  Mortgage rates can only go up and inventory will increase as worries about getting out ahead of the pack pick up this year.]]>
      </content>
      <pubDate>Tue, 19 Mar 2013 13:51:42 -0400</pubDate>
      <description>
        <![CDATA[Why:<br/>1.  Tighter inventory than in the past several years as banks learned that dumping the shadow inventory all at once was counterproductive.<br/>2.  50 year lows in mortgage rates<br/>3.  FHA has gone out of their way to re-ignite NINJA loans<br/>4.  Savvy cash investors are building and buying multi-family homes.  Doesn't take a genius to see retirement for a majority of boomers is entirely dependent on them either working til death or selling their homes and renting til death.<br/><br/>Net: FHA bump is over as they are bankrupt.  Mortgage rates can only go up and inventory will increase as worries about getting out ahead of the pack pick up this year.]]>
      </description>
    </item>
    <item>
      <title>If history is a guide, the markets may be due for a pullback, according to S&amp;amp;P Capital's Sam Stovall. Since World War II, Stovall says the median advance once the S&amp;amp;P hits its previous high after recovering from a bear market has been just 3%. But despite the ominous warning, there still may be some places to ride it all out. JPMorgan's chief U.S. equities strategist Tom Lee recently came up with 15 stocks that outperformed the S&amp;amp;P 500 in eight of the last 11 pullbacks since 2009: CAG, IBM, DIS, GPC, MMM, FISV, PAYX, PPG, SYY, SIAL, UNP, UTX, PX, L, and XRAY.</title>
      <link>http://seekingalpha.com/currents/post/892481?source=feed#comment-16353011</link>
      <guid isPermaLink="false">16353011</guid>
      <content>
        <![CDATA[history is not a guide.]]>
      </content>
      <pubDate>Fri, 15 Mar 2013 19:40:26 -0400</pubDate>
      <description>
        <![CDATA[history is not a guide.]]>
      </description>
    </item>
    <item>
      <title>Leonard Melman: Are You Prepared For Hyperinflation?</title>
      <link>http://seekingalpha.com/article/1254701/comments?source=feed#comment-15993831</link>
      <guid isPermaLink="false">15993831</guid>
      <content>
        <![CDATA[Gold has value like a Warhol painting has value.  There are speculators driving up both markets and the price doesn't really reflect anything real.  In a complete collapse the gold &quot;market&quot; will collapse as well as margin calls decimate the &quot;price&quot; of gold.  If you are starving after a collapse, you would trade a gold coin for a can of Spam.  As long as there is orderly inflation that ramps relatively calmly, the PM prices will do well.  Disorder will take down everything evenly.]]>
      </content>
      <pubDate>Thu, 07 Mar 2013 14:39:51 -0500</pubDate>
      <description>
        <![CDATA[Gold has value like a Warhol painting has value.  There are speculators driving up both markets and the price doesn't really reflect anything real.  In a complete collapse the gold &quot;market&quot; will collapse as well as margin calls decimate the &quot;price&quot; of gold.  If you are starving after a collapse, you would trade a gold coin for a can of Spam.  As long as there is orderly inflation that ramps relatively calmly, the PM prices will do well.  Disorder will take down everything evenly.]]>
      </description>
    </item>
    <item>
      <title>The Era Of Intelligent Voice Technology - An Opportune Time To Invest In Nuance</title>
      <link>http://seekingalpha.com/article/1242691/comments?source=feed#comment-15985841</link>
      <guid isPermaLink="false">15985841</guid>
      <content>
        <![CDATA[Main threats to NUAN are IBM and Google.  Note that Watson could use a world class human interface in the form of Siri...<br/><br/>Computerworld - IBM's Jeopardy!-winning supercomputer, Watson, may have started out the size of a master bedroom, but it will eventually shrink to the size of a smart phone, its inventors say.<br/><br/>The supercomputer is currently performing &quot;residencies&quot; at several hospitals around the country, offering its data analytics capabilities serving as a decision support tool for physicians.<br/><br/>IBM is also working to program Watson so that it can pass the U.S. Medical Licensing Examination. Yes, the &quot;Dr. Watson&quot; moniker used in the media will someday be applicable. <br/><br/>Even today, a Watson supercomputer with the same computational capabilities as the system that took on Jeopardy!'s all-time champions, is a fraction of its former size. And, the smaller Watson is almost two-and-a-half times faster than the original system, according to Dan Pelino, general manager of IBM's Global Healthcare &amp; Life Sciences business.<br/><br/>&quot;It was the size of a master bedroom, but now it's the size of a bathroom,&quot; Pelino said &quot;It will get to be a handheld device by 2020 based on a trajectory of Moore's Law.&quot;<br/><br/>Watson's voice was synthesized from recordings that actor Jeff Woodman made for an IBM text-to-speech program in 2004.[27]]]>
      </content>
      <pubDate>Thu, 07 Mar 2013 12:23:39 -0500</pubDate>
      <description>
        <![CDATA[Main threats to NUAN are IBM and Google.  Note that Watson could use a world class human interface in the form of Siri...<br/><br/>Computerworld - IBM's Jeopardy!-winning supercomputer, Watson, may have started out the size of a master bedroom, but it will eventually shrink to the size of a smart phone, its inventors say.<br/><br/>The supercomputer is currently performing &quot;residencies&quot; at several hospitals around the country, offering its data analytics capabilities serving as a decision support tool for physicians.<br/><br/>IBM is also working to program Watson so that it can pass the U.S. Medical Licensing Examination. Yes, the &quot;Dr. Watson&quot; moniker used in the media will someday be applicable. <br/><br/>Even today, a Watson supercomputer with the same computational capabilities as the system that took on Jeopardy!'s all-time champions, is a fraction of its former size. And, the smaller Watson is almost two-and-a-half times faster than the original system, according to Dan Pelino, general manager of IBM's Global Healthcare &amp; Life Sciences business.<br/><br/>&quot;It was the size of a master bedroom, but now it's the size of a bathroom,&quot; Pelino said &quot;It will get to be a handheld device by 2020 based on a trajectory of Moore's Law.&quot;<br/><br/>Watson's voice was synthesized from recordings that actor Jeff Woodman made for an IBM text-to-speech program in 2004.[27]]]>
      </description>
    </item>
    <item>
      <title>Hovnanian Enterprises Reports Fiscal 2013 First Quarter Results</title>
      <link>http://seekingalpha.com/news-article/5851051-hovnanian-enterprises-reports-fiscal-2013-first-quarter-results?source=feed#comment-15911681</link>
      <guid isPermaLink="false">15911681</guid>
      <content>
        <![CDATA[Delivered 1200 homes and lost $20M...backlog twice that amount...recovery indeed.]]>
      </content>
      <pubDate>Wed, 06 Mar 2013 09:30:24 -0500</pubDate>
      <description>
        <![CDATA[Delivered 1200 homes and lost $20M...backlog twice that amount...recovery indeed.]]>
      </description>
    </item>
    <item>
      <title>Coal Is Dead</title>
      <link>http://seekingalpha.com/article/1247541/comments?source=feed#comment-15911361</link>
      <guid isPermaLink="false">15911361</guid>
      <content>
        <![CDATA[While I buy into the short term argument for NatGas &quot;renaissance&quot;, there are some issues.  North American rigs continue to decline (Halliburton), while these drillers desperately try to get the price up.  Main problem with all these junior and pure play drillers is that their ratio of oil to gas isn't great in many cases.  Also the dropoff in pressure in just year one is huge meaning the only way they can continue to show better results each year is to drill two new rigs next year (at equitable flow rates) for every one that is dying this year.  Lastly, fracking has to affect drinking water and once this gets close enough to the food chain, the Love Canal signs will come out and likely start to choke growth.  As long as fracking stays in rural Montana, this isn't likely to be much of a problem, Marcellus in NY, forget it.  Coal will suffer this year but will be back...there is a reason it is called &quot;King&quot;...]]>
      </content>
      <pubDate>Wed, 06 Mar 2013 09:26:55 -0500</pubDate>
      <description>
        <![CDATA[While I buy into the short term argument for NatGas &quot;renaissance&quot;, there are some issues.  North American rigs continue to decline (Halliburton), while these drillers desperately try to get the price up.  Main problem with all these junior and pure play drillers is that their ratio of oil to gas isn't great in many cases.  Also the dropoff in pressure in just year one is huge meaning the only way they can continue to show better results each year is to drill two new rigs next year (at equitable flow rates) for every one that is dying this year.  Lastly, fracking has to affect drinking water and once this gets close enough to the food chain, the Love Canal signs will come out and likely start to choke growth.  As long as fracking stays in rural Montana, this isn't likely to be much of a problem, Marcellus in NY, forget it.  Coal will suffer this year but will be back...there is a reason it is called &quot;King&quot;...]]>
      </description>
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