OGM, in the interests of full disclosure, were you thrown off the CapitalStool board and asked not to return?
If so, what were the reasons?
Could that be affecting your negative comments about that site?
Yes, the reasons were ... I didn't like Gold as an investment, and I suggested that subprime problems may not be as severe as the public thinks. No kidding.
My negative comments come not from that though. Stool is a hack. his analysys is crap. I read his reports. "We'll either go up or down".. thats basicaly it. Some disgruntled former real estate agent who's selling doom and gloom crap to his subsrcibers at inflated prices.
I only had a couple posts on that board, though I was reading it for quite a while. I read a lot of boards. Just for sentiment and general info.
Wndy is the smartest guy on the CS board. How the heck did he end up with that crowd.
subprime not as bad as public thinks?
Son, you have no idea. I used to be a mortgage officer and at least a dozen of the cos i repped are BK now. Ameriquest, New Cen, among the largest.
I saw what went on. Its nowhere near as bad as the masses can imagine. Sold loans in TX, CA, and FL.
I repeat, its nowhere near as bad as anyone can imagine. Unless you worked in the subprime industry you haven't a clue of the fraud that was perpetrated from everyone including mortgage brokers, loan officers, title, appraisers. its bad bad bad bad bad.