dreadlordnaf's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/745128/comments http://seekingalpha.com/currents/post/998051?source=feed#comment-18452661 18452661 Sat, 04 May 2013 23:26:58 -0400 http://seekingalpha.com/article/1378751/comments?source=feed#comment-18360661 18360661
I notice a lot of commenters are rather arrogant about this though, acting like bad things can never happen.

If recall, the DOW was projected to go to 30,000 in less than a decade back in 1998, until it crashed a year later.

Real estate was good solid investment that you can never wrong with back in 2006 according to everyone, right up until a year later when it wasn’t.

Cyprus was a good place to put your money in 2012 due to the friendly banking policies, right up until the moment they froze accounts and announced the haircut this year.

So for anyone that thinks these debt issues are years off, I am sure the people in stocks in 1998 and real estate in 2006 also thought their crash was years off…]]> Thu, 02 May 2013 12:11:23 -0400
I notice a lot of commenters are rather arrogant about this though, acting like bad things can never happen.

If recall, the DOW was projected to go to 30,000 in less than a decade back in 1998, until it crashed a year later.

Real estate was good solid investment that you can never wrong with back in 2006 according to everyone, right up until a year later when it wasn’t.

Cyprus was a good place to put your money in 2012 due to the friendly banking policies, right up until the moment they froze accounts and announced the haircut this year.

So for anyone that thinks these debt issues are years off, I am sure the people in stocks in 1998 and real estate in 2006 also thought their crash was years off…]]> http://seekingalpha.com/article/1393121/comments?source=feed#comment-18354101 18354101
Back in 2001, the CBO projected a $5.6 trillion budget surplus, and $3.1 trillion on-budget surpluses for the next 10 years.

Seriously dude? Hey Mike Williams I have some pristine rain forest/beach land to sell you in Arizona. Send me a message we can work out a price. You'll have to send your funds through my intermediary in Nigeria though. Don't worry he is legit though. ]]> Thu, 02 May 2013 10:13:38 -0400
Back in 2001, the CBO projected a $5.6 trillion budget surplus, and $3.1 trillion on-budget surpluses for the next 10 years.

Seriously dude? Hey Mike Williams I have some pristine rain forest/beach land to sell you in Arizona. Send me a message we can work out a price. You'll have to send your funds through my intermediary in Nigeria though. Don't worry he is legit though. ]]> http://seekingalpha.com/article/1389491/comments?source=feed#comment-18326741 18326741 Wed, 01 May 2013 15:17:06 -0400 http://seekingalpha.com/article/1384441/comments?source=feed#comment-18275561 18275561
I was actually hoping you would have some non-stock market investment tips besides the traditional things which most people know about already such as putting it in the bank, buying bonds, gold etc. Would be interesting if you have any investment advice outside those and stocks.]]> Tue, 30 Apr 2013 12:52:32 -0400
I was actually hoping you would have some non-stock market investment tips besides the traditional things which most people know about already such as putting it in the bank, buying bonds, gold etc. Would be interesting if you have any investment advice outside those and stocks.]]> http://seekingalpha.com/article/1364631/comments?source=feed#comment-18238421 18238421 Mon, 29 Apr 2013 15:44:15 -0400 http://seekingalpha.com/article/1381741/comments?source=feed#comment-18234161 18234161
The CPI is no longer a price index, it is a “cost of living” index and the government freely admits this. This means it accounts for substitution. So if the price of steak goes up, but people switch to eating spam instead, then the CPI accounts for that movement by minimizing the impact on the calculation that the steak price has, as if somehow eating quality steak is the same thing as spam. This is why the CPI is no longer a real price index. By this logic if certain needed health procedure goes way up in price and everyone is too broke to afford it so just pops aspirin instead to get by, well then because they have “substituted” this procedure for aspirin and aspirin hasn’t gone up in price as much, then by the magic of the CPI there has hardly been any inflation!

As an experiment I looked at my pay stub from 2008. Between now and then my healthcare premiums went up 93%! At the same time my deductible went up 33% and my co-pay per visit went up 50%! The CPI is bullsh*t dude… And TIPS does NOT protect you against real inflation. ]]> Mon, 29 Apr 2013 14:35:37 -0400
The CPI is no longer a price index, it is a “cost of living” index and the government freely admits this. This means it accounts for substitution. So if the price of steak goes up, but people switch to eating spam instead, then the CPI accounts for that movement by minimizing the impact on the calculation that the steak price has, as if somehow eating quality steak is the same thing as spam. This is why the CPI is no longer a real price index. By this logic if certain needed health procedure goes way up in price and everyone is too broke to afford it so just pops aspirin instead to get by, well then because they have “substituted” this procedure for aspirin and aspirin hasn’t gone up in price as much, then by the magic of the CPI there has hardly been any inflation!

As an experiment I looked at my pay stub from 2008. Between now and then my healthcare premiums went up 93%! At the same time my deductible went up 33% and my co-pay per visit went up 50%! The CPI is bullsh*t dude… And TIPS does NOT protect you against real inflation. ]]> http://seekingalpha.com/article/1379411/comments?source=feed#comment-18195151 18195151
It doesn't matter how good the hardware is if people hate using their computer which is what windows 8 causes. I absolutely loathe my secondary PC which came with windows 8. I will not be upgrading my main until as long as possible simply to avoid this plague. I know people doing similar things, upgrading components instead of buying a new system like they normally would. ]]> Sun, 28 Apr 2013 14:14:28 -0400
It doesn't matter how good the hardware is if people hate using their computer which is what windows 8 causes. I absolutely loathe my secondary PC which came with windows 8. I will not be upgrading my main until as long as possible simply to avoid this plague. I know people doing similar things, upgrading components instead of buying a new system like they normally would. ]]> http://seekingalpha.com/article/1360531/comments?source=feed#comment-17997811 17997811 Tue, 23 Apr 2013 16:52:29 -0400 http://seekingalpha.com/article/1352521/comments?source=feed#comment-17819451 17819451 Thu, 18 Apr 2013 23:48:03 -0400 http://seekingalpha.com/article/1351991/comments?source=feed#comment-17818591 17818591
Just like there was no evidence on Madoff's ponzi scheme except for some whistle blowers no one listened to.

Just like there was no lieing and deception from Goldman Sachs on the financial worthiness of subprime, even when they were telling their "muppet" customers to buy right when they were selling.

Just like there was no evidence of the LIBOR manipulation, again except for some astute "crackpots" everyone wrote off, right until it was revealed they were right all along.

So,,, obviously John the author here self-decreeing that all evidence not judged by him to be worthy,, obviously means there isn't any. Everyone should just go back about their business, dig their heads in the sand and invest in whatever the financial experts tell you, like a good boy.]]> Thu, 18 Apr 2013 23:18:40 -0400
Just like there was no evidence on Madoff's ponzi scheme except for some whistle blowers no one listened to.

Just like there was no lieing and deception from Goldman Sachs on the financial worthiness of subprime, even when they were telling their "muppet" customers to buy right when they were selling.

Just like there was no evidence of the LIBOR manipulation, again except for some astute "crackpots" everyone wrote off, right until it was revealed they were right all along.

So,,, obviously John the author here self-decreeing that all evidence not judged by him to be worthy,, obviously means there isn't any. Everyone should just go back about their business, dig their heads in the sand and invest in whatever the financial experts tell you, like a good boy.]]> http://seekingalpha.com/currents/post/940331?source=feed#comment-17546611 17546611 Fri, 12 Apr 2013 12:17:45 -0400 http://seekingalpha.com/currents/post/940331?source=feed#comment-17546571 17546571 Fri, 12 Apr 2013 12:16:44 -0400 http://seekingalpha.com/article/1334851/comments?source=feed#comment-17537591 17537591 Fri, 12 Apr 2013 09:51:43 -0400 http://seekingalpha.com/article/1328101/comments?source=feed#comment-17415261 17415261 Tue, 09 Apr 2013 15:41:52 -0400 http://seekingalpha.com/article/1326721/comments?source=feed#comment-17413891 17413891
I am a little disappointed about many of the “stock assumptions” the author makes about gold. They are very elementary and seem taken from the CNBC style guide for talking head commentators. ]]> Tue, 09 Apr 2013 15:12:19 -0400
I am a little disappointed about many of the “stock assumptions” the author makes about gold. They are very elementary and seem taken from the CNBC style guide for talking head commentators. ]]> http://seekingalpha.com/article/1321881/comments?source=feed#comment-17233301 17233301
Also I love how Howard purposely conflates totally different issues to try and make his point. This is a sign of someone grasping at straws because they have no logical argument.:

“Think of alternative investments like flood insurance: You need someexposure — no more than 10% of your total investable assets, the advisors agree — but you don’t want to mortgage your house to protect against a 100-year flood.”

Buying gold is nothing like taking out a mortgage for expensive flood insurance, mainly because it’s very difficult to borrow money to buy gold. It’s not difficult to borrow money to buy stocks or real estate though. So your analogy is a complete fail because it actually highlights the fallacy of what most people who own no gold do.

Also Howard clings to the juvenile critical analysis train of thought that if someone hasn’t happened yet, it never will, when he bashes Schiff and Faber. Inflation hasn’t happened yet, therefore it never will and everyone who predicts it is wrong. Well I just ate a Big Mac yesterday and Im not fat yet nor have I had a heart attack.
Therefore by Howard’s logic, there is nothing unhealthy about this.

Here is a some final food for thought:

How many Doomsday preppers by Howard’s definition, such as those who hold primary hard assets such as gold, got screwed in the last two major stock market downturns, 1999, and 2008? Well given gold is up since both of those, very few.

How many Utopia preppers who were in all stocks, especially those “hot stocks” being recommended by “investment experts”, got screwed during those same events? I’ll leave you with that….]]> Thu, 04 Apr 2013 17:11:13 -0400
Also I love how Howard purposely conflates totally different issues to try and make his point. This is a sign of someone grasping at straws because they have no logical argument.:

“Think of alternative investments like flood insurance: You need someexposure — no more than 10% of your total investable assets, the advisors agree — but you don’t want to mortgage your house to protect against a 100-year flood.”

Buying gold is nothing like taking out a mortgage for expensive flood insurance, mainly because it’s very difficult to borrow money to buy gold. It’s not difficult to borrow money to buy stocks or real estate though. So your analogy is a complete fail because it actually highlights the fallacy of what most people who own no gold do.

Also Howard clings to the juvenile critical analysis train of thought that if someone hasn’t happened yet, it never will, when he bashes Schiff and Faber. Inflation hasn’t happened yet, therefore it never will and everyone who predicts it is wrong. Well I just ate a Big Mac yesterday and Im not fat yet nor have I had a heart attack.
Therefore by Howard’s logic, there is nothing unhealthy about this.

Here is a some final food for thought:

How many Doomsday preppers by Howard’s definition, such as those who hold primary hard assets such as gold, got screwed in the last two major stock market downturns, 1999, and 2008? Well given gold is up since both of those, very few.

How many Utopia preppers who were in all stocks, especially those “hot stocks” being recommended by “investment experts”, got screwed during those same events? I’ll leave you with that….]]> http://seekingalpha.com/article/1312631/comments?source=feed#comment-17085371 17085371 Mon, 01 Apr 2013 16:13:55 -0400 http://seekingalpha.com/currents/post/915571?source=feed#comment-16952951 16952951
He is right on one thing, you shouldn't own SLV. If you want silver, by silver, not SLV. Read their prospectus. Here are a couple gems I copied and pasted from the SLV prospectus:

"As an owner of Shares, you will not have the protections normally associated with ownership of shares in an investment company registered under the Investment Company Act of 1940, or the protections afforded by the Commodity Exchange Act of 1936."

"The value of the Shares will be adversely affected if silver owned by the trust is lost or damaged in circumstances in which the trust is not in a position to recover the corresponding loss."]]> Thu, 28 Mar 2013 16:39:31 -0400
He is right on one thing, you shouldn't own SLV. If you want silver, by silver, not SLV. Read their prospectus. Here are a couple gems I copied and pasted from the SLV prospectus:

"As an owner of Shares, you will not have the protections normally associated with ownership of shares in an investment company registered under the Investment Company Act of 1940, or the protections afforded by the Commodity Exchange Act of 1936."

"The value of the Shares will be adversely affected if silver owned by the trust is lost or damaged in circumstances in which the trust is not in a position to recover the corresponding loss."]]> http://seekingalpha.com/article/1306181/comments?source=feed#comment-16950361 16950361
There is no way the Fed can unwind. ]]> Thu, 28 Mar 2013 15:53:32 -0400
There is no way the Fed can unwind. ]]> http://seekingalpha.com/article/1305771/comments?source=feed#comment-16936041 16936041
Risk of what? Risk of losing some revenue and having a slightly worse quarter because the country's infrastructure is inefficient or requires a bribe here or there to get things done? Risk of having the entire mine nationalized? Risk of meddling from the local gov who may want higher royalties but aren't really interested in taking it over? What about the risk in developed countries? Is that measured here? "Windfall" taxes that have been proposed in many developed countries represent a confiscation of profits, which is no different than some third world government altering contracts and agreements to get a bigger share of the pie.

If the response to my comment is to "read the reports" then I would say this article is pointless.]]> Thu, 28 Mar 2013 11:24:11 -0400
Risk of what? Risk of losing some revenue and having a slightly worse quarter because the country's infrastructure is inefficient or requires a bribe here or there to get things done? Risk of having the entire mine nationalized? Risk of meddling from the local gov who may want higher royalties but aren't really interested in taking it over? What about the risk in developed countries? Is that measured here? "Windfall" taxes that have been proposed in many developed countries represent a confiscation of profits, which is no different than some third world government altering contracts and agreements to get a bigger share of the pie.

If the response to my comment is to "read the reports" then I would say this article is pointless.]]> http://seekingalpha.com/article/1303641/comments?source=feed#comment-16883921 16883921 Wed, 27 Mar 2013 11:55:47 -0400 http://seekingalpha.com/article/1296641/comments?source=feed#comment-16788131 16788131
I stopped reading there. That is like saying the number of movies being released which are "based in winter" clearly means that it is going to snow next weekend. Epic elementary-school-level critical thinking fail....... Just wow..]]> Mon, 25 Mar 2013 16:01:47 -0400
I stopped reading there. That is like saying the number of movies being released which are "based in winter" clearly means that it is going to snow next weekend. Epic elementary-school-level critical thinking fail....... Just wow..]]> http://seekingalpha.com/article/1254701/comments?source=feed#comment-15991341 15991341
"Real estate will never go down" - pretty much everyone in 2006

I have more of these awesome quotes but am away from my main computer now so can't access them. But it will be nice to add your name to this mix.]]> Thu, 07 Mar 2013 13:58:46 -0500
"Real estate will never go down" - pretty much everyone in 2006

I have more of these awesome quotes but am away from my main computer now so can't access them. But it will be nice to add your name to this mix.]]> http://seekingalpha.com/article/1254701/comments?source=feed#comment-15991091 15991091
There is an easy answer to your question, think of these two scenarios:

1) You found out there a was a shipwreck off some coastline which are you familiar with and can easily get to which contained numerous tons of gold bars.
2) You found out there was a shipwreck off some coastline which you are familiar with and can easily get to which contained a few hundred million Prussian francs (thalers) in their paper form, which at the time was of equivalent value to that same amount of bold in scenario #1.

Which would you put effort into salvaging and which would you completely ignore?

Why does the gold still have value after all these years but the long dead fiat currency doesn’t? It’s called intrinsic value. Gold has several properties based on its chemical composition. It doesn’t decay, tarnish, or lose consistency over time, it’s hard (but not impossible) to counterfeit, it can be easily divided when needed, its rare in the Earth so it’s valuable in small amounts, and it’s easily recognizable. No matter how much you hate gold or dislike it, your emotional stance toward it will not affect its placement on the periodic table of elements giving it the atomic number 79 which for whatever reasons based on the physical laws of our universe, give it the above properties. This is intrinsic value - value that comes from its own physical properties, not value that comes from an artificial construct of some parliament or government ordering people to value it.

Disliking or not having faith in gold will not take any of these physical properties away. Enough people disliking fiat money though can make it worthless. This is why you cannot spend Prussian francs anymore.

Just like when you build a house, you need the materials you build it with to have certain properties, which are ideal for house building. Same with money. Whatever “thing” you are using as money needs to have certain properties suitable for this use. Oil wouldn’t be a good money because it’s hard to transport, you would need a huge truck to make a large purchase with it, and it can easily blow up in your face. Now, I’ll let you determine the flaws of using paper or digital 1’s and 0’s for money given my above analysis… I think if you put some thought into it you will come up with quite a few.

In reality only a few materials on this earth have shown they have the physical properties suitable to be consistently used as “real money.” This is why time and time again, people gravitate toward those materials which have these properties.]]> Thu, 07 Mar 2013 13:53:46 -0500
There is an easy answer to your question, think of these two scenarios:

1) You found out there a was a shipwreck off some coastline which are you familiar with and can easily get to which contained numerous tons of gold bars.
2) You found out there was a shipwreck off some coastline which you are familiar with and can easily get to which contained a few hundred million Prussian francs (thalers) in their paper form, which at the time was of equivalent value to that same amount of bold in scenario #1.

Which would you put effort into salvaging and which would you completely ignore?

Why does the gold still have value after all these years but the long dead fiat currency doesn’t? It’s called intrinsic value. Gold has several properties based on its chemical composition. It doesn’t decay, tarnish, or lose consistency over time, it’s hard (but not impossible) to counterfeit, it can be easily divided when needed, its rare in the Earth so it’s valuable in small amounts, and it’s easily recognizable. No matter how much you hate gold or dislike it, your emotional stance toward it will not affect its placement on the periodic table of elements giving it the atomic number 79 which for whatever reasons based on the physical laws of our universe, give it the above properties. This is intrinsic value - value that comes from its own physical properties, not value that comes from an artificial construct of some parliament or government ordering people to value it.

Disliking or not having faith in gold will not take any of these physical properties away. Enough people disliking fiat money though can make it worthless. This is why you cannot spend Prussian francs anymore.

Just like when you build a house, you need the materials you build it with to have certain properties, which are ideal for house building. Same with money. Whatever “thing” you are using as money needs to have certain properties suitable for this use. Oil wouldn’t be a good money because it’s hard to transport, you would need a huge truck to make a large purchase with it, and it can easily blow up in your face. Now, I’ll let you determine the flaws of using paper or digital 1’s and 0’s for money given my above analysis… I think if you put some thought into it you will come up with quite a few.

In reality only a few materials on this earth have shown they have the physical properties suitable to be consistently used as “real money.” This is why time and time again, people gravitate toward those materials which have these properties.]]> http://seekingalpha.com/article/1217001/comments?source=feed#comment-15388111 15388111 Fri, 22 Feb 2013 16:37:25 -0500 http://seekingalpha.com/article/1187371/comments?source=feed#comment-15038461 15038461
Anyway I was a little concerned today when waking up on if I would have my daily gold-bashing article to read on SA, but once again, Macro pulls through with insightful expertise-in-hindsight, confirmation bias, and conflated comparisons. It is articles like these that help reassure me there in fact is no bubble in gold, and that we are far from it. I will start to worry when people like Macro start suggesting gold.

In the meantime, because I don't invest in leverage ETFs that suffer from high decay rates to their value the longer you hold them, this latest down turn in the precious metals and miners means only one thing: awesome time to buy more.]]> Fri, 15 Feb 2013 10:42:41 -0500
Anyway I was a little concerned today when waking up on if I would have my daily gold-bashing article to read on SA, but once again, Macro pulls through with insightful expertise-in-hindsight, confirmation bias, and conflated comparisons. It is articles like these that help reassure me there in fact is no bubble in gold, and that we are far from it. I will start to worry when people like Macro start suggesting gold.

In the meantime, because I don't invest in leverage ETFs that suffer from high decay rates to their value the longer you hold them, this latest down turn in the precious metals and miners means only one thing: awesome time to buy more.]]> http://seekingalpha.com/article/1178631/comments?source=feed#comment-14985741 14985741
Pumping more fiat money that serves as purely a medium of exchange into the economy does not increase the amount of good and services out there which is a real measure of our standard of living. Who would care if they were a millionaire if there were no good products to buy and no businesses providing useful services. Apparently the author thinks this would be great.

Fiat money is purely a medium of exchange. It doesn’t matter what the money supply, it has no effect on actual production and standards of living. This is why the best performing stock market last decade was Zimbabwe, who also engaged in stimulus through monetary policy like this author is proclaiming. You can double, quadruple, or amply the money supply 10 fold. It is still chasing the same amount of goods and services and thus no real increases in the standard of living apply.

So if this solution is so wonderful and magic, maybe the author can explain why everyone doesn’t simply print their way to prosperity? Why do we need real entrepreneurs and manufacturers since all we have to do according this this author is diminish the value of money that people already have and lower their standards of living, and through that we will be living in utopia.

There is only one way increasing the money supply could help things: it gets around minimum wage laws. It lowers the real minimum wage and thus allows low skilled workers who have been kicked out of out the market because their productivity can’t justify the current minimum wage to get back in since inflation effectively lowers the real minimum wage employers have to pay them. If this is what the author wants to happen then just come out and say that.

People like this author will one day be looked back at like those who persecuted Galileo for thinking *gasp* that the Earth revolved around the Sun. ]]> Thu, 14 Feb 2013 11:05:00 -0500
Pumping more fiat money that serves as purely a medium of exchange into the economy does not increase the amount of good and services out there which is a real measure of our standard of living. Who would care if they were a millionaire if there were no good products to buy and no businesses providing useful services. Apparently the author thinks this would be great.

Fiat money is purely a medium of exchange. It doesn’t matter what the money supply, it has no effect on actual production and standards of living. This is why the best performing stock market last decade was Zimbabwe, who also engaged in stimulus through monetary policy like this author is proclaiming. You can double, quadruple, or amply the money supply 10 fold. It is still chasing the same amount of goods and services and thus no real increases in the standard of living apply.

So if this solution is so wonderful and magic, maybe the author can explain why everyone doesn’t simply print their way to prosperity? Why do we need real entrepreneurs and manufacturers since all we have to do according this this author is diminish the value of money that people already have and lower their standards of living, and through that we will be living in utopia.

There is only one way increasing the money supply could help things: it gets around minimum wage laws. It lowers the real minimum wage and thus allows low skilled workers who have been kicked out of out the market because their productivity can’t justify the current minimum wage to get back in since inflation effectively lowers the real minimum wage employers have to pay them. If this is what the author wants to happen then just come out and say that.

People like this author will one day be looked back at like those who persecuted Galileo for thinking *gasp* that the Earth revolved around the Sun. ]]> http://seekingalpha.com/article/1175231/comments?source=feed#comment-14931401 14931401
“In any normal industry, if the unit cost of production was rising at 15% (especially in a low-inflation environment), pretty soon the industry as a group would go bankrupt. “

Or just maybe, it is NOT a low inflation environment. They had an interview with the CEO of Sandstorm Gold, formerly of Silver Wheaton. He cited an example where 5 years ago when they were looking at an investment for a new mine, the mine was projected to be quite profitable when gold was around $1000 an ounce. Due to financial reasons they weren't able to make that investment though. Today gold is around $1600 an ounce and when he re-looked at that sane investment, it’s not profitable anymore even though gold is 60% higher. Costs for a brand new mine have risen more than 60%. This is because of inflation, not because of “ageing mining costs.”

Why do you think subway foot long sandwiches are no longer an actual foot? Or that airlines don’t include free meals anywhere? They are responding to inflation in a way they think is more consumer friendly, by lowering the quality of their product versus raising the price. The inflation is quite real and 5 minutes of internet searching can reveal many people who’ve debunked the official statistics quite legitimately.

I view this non-correlation with miners and gold a blessing. It is allowing me to accumulate more at a cheaper price. ]]> Wed, 13 Feb 2013 10:16:06 -0500
“In any normal industry, if the unit cost of production was rising at 15% (especially in a low-inflation environment), pretty soon the industry as a group would go bankrupt. “

Or just maybe, it is NOT a low inflation environment. They had an interview with the CEO of Sandstorm Gold, formerly of Silver Wheaton. He cited an example where 5 years ago when they were looking at an investment for a new mine, the mine was projected to be quite profitable when gold was around $1000 an ounce. Due to financial reasons they weren't able to make that investment though. Today gold is around $1600 an ounce and when he re-looked at that sane investment, it’s not profitable anymore even though gold is 60% higher. Costs for a brand new mine have risen more than 60%. This is because of inflation, not because of “ageing mining costs.”

Why do you think subway foot long sandwiches are no longer an actual foot? Or that airlines don’t include free meals anywhere? They are responding to inflation in a way they think is more consumer friendly, by lowering the quality of their product versus raising the price. The inflation is quite real and 5 minutes of internet searching can reveal many people who’ve debunked the official statistics quite legitimately.

I view this non-correlation with miners and gold a blessing. It is allowing me to accumulate more at a cheaper price. ]]> http://seekingalpha.com/article/1174331/comments?source=feed#comment-14885161 14885161 Tue, 12 Feb 2013 10:54:27 -0500