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Will Foster

Will Foster
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  • The Remarkable Rise In The Price Of Silver [View article]
    If you can't hold it in your hand then you don't own it. Many articles have pointed to hypothication in GLD and SLV, and many other issues.
    Jan 23 04:59 PM | 5 Likes Like |Link to Comment
  • Italy And Spain Launch Frontal Assault On German Austerity [View article]
    only due to ECB QE- AKA LTRO...
    Jan 23 04:19 PM | 1 Like Like |Link to Comment
  • Italy And Spain Launch Frontal Assault On German Austerity [View article]
    CDS- by definition, is not insurance... they are "uninsurable portions of risk". They are a domino of counter party risk.

    That is the Greek leverage- they know they will never pay, so they are demanding ever greater concessions from bond holders.

    Jan 23 03:53 PM | 2 Likes Like |Link to Comment
  • Who Wants To Kill The Electric Car? [View article]
    Oil gets 12x the subsidies Solar gets per Nat'l Science Academy-
    So as a Tax Payer, I am sick of subsidizing your dirty crap!
    Jan 19 05:16 PM | 1 Like Like |Link to Comment
  • Who Wants To Kill The Electric Car? [View article]
    Dude- so wrong on many points.

    1. Tar sands are a VERY expensive proposition, so Keystone is a non-starter on a cost basis

    2. the Volt is a lame car- having nothing to do with EV or not... just more Government Motors crap

    3. LiFePo4 - Lithium Iron is a version that is ready for prime time... no heavy metals- you can toss it in a landfill without concern- lighter weight, great for EV, and long life, many cycles AND no fire danger.
    Jan 19 03:51 PM | 2 Likes Like |Link to Comment
  • Retail Sales: A Disappointing 0.1% In December [View article]

    Correct- however this kind of data analysis provides forward clarity for me...

    Not so much, "well, it should be here if we didn't have inflation"; but, rather "The Consumer is becoming weaker and weaker, nominal Dollar reporting has masked this through inflation and not accounting for population growth- therefore my investments in the Consumer sector should be weighed accordingly."

    It has taken significantly more Consumers using cheaper Dollars to get to where we are at in nominal Dollars... They have taken to working 2 or more persons per household, some working two jobs...

    And taken out significant debt load to make these nominal numbers work. Debt load can no longer grow.. Most don't even WANT more debt- every one I know is de-levering. Those who want it, can't afford it-

    Jobs pay less than they used to, the Great Recession has assured this... Underemployment is rampant.

    There is Retail space available everywhere at unprecedented levels- even here in Austin, where there is a supposed strong economy- there are vacancy signs at virtually every strip center and office building.

    If you want to be in Consumer stocks, you have to be able to pick a winner "hot" product/brand or hitch your wagon to a sharp operator.
    Jan 12 06:51 PM | 3 Likes Like |Link to Comment
  • Calling the "Too-Big-To-Fail" banks "one one of the greatest threats to our long-term economic prosperity," Jon Huntsman notes that the six largest financial institutions have assets worth over 66% of GDP, up from 20% in the 1990s. As President, Huntsman would break up these lenders; he also yearns for more community banks.  [View news story]
    Correct- we need a strong banking system as our forefathers envisioned... Not a weak house of derivatives cards we have now.

    If we had a competitive system it would be more efficient for all AND the big deals could still be done through syndication... Which would serve as proper underwriting, something NOT being done now.

    CDS are NOT insurance- by DEFINITION they are uninsurable portions of risk.

    Mortgages should be non-recourse, again, back to underwriting... that would prevent bubbles.

    MBS should be Covered vehicles so each tranche is incrementally paid out at an individual failure... As opposed to the dark pools of robosigning morass we have now.

    The oligarchy must go now- the longer we wait the worse the problem will get. Proof: the TBTF banks are even larger now then 2008.

    Jan 9 09:23 PM | 1 Like Like |Link to Comment
  • Is Whole Foods The Next Starbucks? [View article]
    WFM is no "dead register" brother! KaChing from the moment the doors open... and in Austin, they have MULTIPLE eating sites and a WINE bar that is the hot new hang out... I doubted them when they put in the wine bar, but I am eating crow now! (organic crow that is)
    Jan 4 11:39 PM | Likes Like |Link to Comment
  • Is Whole Foods The Next Starbucks? [View article]
    And Iphones are far too expensive for "Cricket" customers... so what.

    People go for the experience and the product- even if they don't go every week, more people will go sometimes and the business will grow.

    People say Starbucks is too expensive to go every day- so what. More people go sometimes as the popularity increases and the business is a world wide phenom now.
    Jan 2 08:32 PM | 3 Likes Like |Link to Comment
  • Is Whole Foods The Next Starbucks? [View article]
    We are in Austin and I can assure you, it is the same here... experience and product make for a "sticky" site.
    Jan 2 08:28 PM | 1 Like Like |Link to Comment
  • Did ECRI Get It Wrong With Their September Recession Call? [View article]
    "The economy has picked up speed."

    Dude- what planet do you live on?
    Dec 31 04:41 PM | Likes Like |Link to Comment
  • Why John Bogle Calls The Stock Market 'A Distraction' [View article]
    S&P has gone virtually nowhere in 12 years... it is not the same world now as it was 1900 - 2000... buy and hold is dead, it is an HFT planet, we just live here.
    Dec 31 03:16 PM | Likes Like |Link to Comment
  • Why Gold Will Likely Go Nowhere In 2012 [View article]
    true, true free... but housing isn't stock or even commodities that trade like stock. only if fast money (loose underwriting), strong demand (jobs and repaired credit) or reduced supply (bulldoze inventory) come into play will there be sharp appreciation...

    minus those ingredients; plentiful in electronic markets which make for fast moves, also make their way back into real estate... which is not likely anytime soon. we have plenty of time.

    that being said... if you find an awesome location (unique) that is affordable to you AND you plan on staying there for a very long time... then by all means, pull the trigger.
    Dec 29 08:20 PM | Likes Like |Link to Comment
  • An Inconvenient Recovery [View article]
    Just by starting with "an inconvenient truth" we know you are "bs'ing". Recovery, are you nuts? Jobs numbers are statistical- only improving because benefits are expiring or they quit looking, no improvement in the real economy. Housing starts? Statistical; we are building at the level of units not seen since the 60's. Levels matter. This is the new normal, smoke and mirrors.
    Dec 29 07:54 PM | Likes Like |Link to Comment
  • Why Gold Will Likely Go Nowhere In 2012 [View article]
    The LTRO is QE... the Twist is QE... and ditto everything else The Recus said.
    Dec 27 08:55 PM | 1 Like Like |Link to Comment