The British shut the stable door (home Loans)

[EJ]

Re: The British shut the stable door (home Loans)

No, i don't work for Peter ( iam UK Based L I V E R P O O L).........i think your find he has NO office here.

Who is mgt?

And probley because they like my slighty off cuff remarks and coments....and am sure EJ is pleased to know that he can "inform" even someone as far down the food chain as me
Mike

Mega,

I appreciate the defense from some of our members but the truth is that I don't care what sites or other writers anyone mentions here. We have no policy that prohibits posting other sources as data and in fact encourage it. Due to our unique approach there are no sites out there that we view as competitors. Anyone who cares to know who was first with what forecasts need only do a few google searches on terms to satisfy their curiosity.

Past performance is only relevant insofar as it provides evidence that our methods work. What matters is the unique methodology we employ to arrive at forecasts. Our methods cannot be replicated; however, the results can and there is no shortage of sites practicing the sincerest form of flattery. But it's irrelevant because in this businesses it's always "What have you done lately?"

As far as your impression that I am ignoring you personally, it's a practical matter and an issue of fairness. We have over 6,000 members and hundreds of paid subscribers. If I replied to every question from our members before responding to subscribers that is not fair to subscribers. As it is, I can barely keep up with subscriber email and other requests. I'm sure you understand.

Thank you for your frequent and thoughtful comments here from your UK perspective. You are an asset to the community.

Kind Regards,

Eric

[The Outback Oracle]

Re: The British shut the stable door (home Loans)

Jim

In reference to your question to Mike re his interest from the UK. I am in Australia and am an avid reader of iTulip

I had cause recently, as a result of a personal relationship, to read a small book called "The Meaning of Madness". It is apparently a psychiatric phenomenon that the brain tends to obsess about things of which it can't make any sense, in this case madness. I'd say my reading of iTulip is my obsession with trying to make sense of the madness that besets our world. I find the contributors here generally seem to think and speak very clearly...which is more than I can do about the whole sorry mess. I'm probably more inclined towards a Mogambo rant!!! One other factor is the references to other outstanding sites such as Henry Liu etc that one picks up in here.
The DR crowd refer to us collectively as the Anglo-Saxon world. I think the US, the UK and Aus do have pretty much fundamentally the same problem born out of the same stupidity. I have littie doubt that we are all going down together!!!
Cheers

[Mega]

Re: The British shut the stable door (home Loans)

EJ
You must understand that i am deeply grateful for being allowed to post on the site. As your aware i strugle with grammer, i got better over the years but its always going to be with me.

I use "Peter" to beat people with because he is quite well known and even his critics admit he been right. Yes i wish i known about you back in 2000, i be doing VERY well by now. I enjoy the site and the people here, i am always intrested in the views of smart people.

My only negative point is that you guys are at times a bit too smart. Someone of my back ground can't quite fathom the jist of what you are driving at. I think it was George Barnard Shaw who said:-

"If you got all the Economist's in the World to form into a line, they Never come to a Conclusion".

Thats my problem here at times, with Schiff or Zapta George they say "Look it not Rocket Sceince, buy these shares/PM's or Trusts because...... and then give you their thoughts.........

Mike

[Mega]

Re: The British shut the stable door (home Loans)

.........And Jim here another one for you:-
http://business.timesonline.co.uk/to...cle3406268.ece
Mike

[metalman]

Re: The British shut the stable door (home Loans)

...with Schiff or Zapta George they say "Look it not Rocket Sceince, buy these shares/PM's or Trusts because...... and then give you their thoughts.........

Mike

know why? know why they recommend these shares and so on...

ready...

BECAUSE THAT'S WHAT THEY'RE SELLING!!!!

sheesh. if itulip starts selling stuff in line with editorial... i'm outa here. immediately suspect. i want zero connection between editorial and products sold. none. zip. zero. nada.

[Jim Nickerson]

Re: The British shut the stable door (home Loans)

.........And Jim here another one for you:-
http://business.timesonline.co.uk/to...cle3406268.ece
Mike

Wow! Mike, did you see that? EJ, the big cahuna, the main-man-in-charge wrote you personally the policy of iTulip. So have at it, put up what you think is important regardless of who wrote it.

Don't feel badly, shit, sometimes I read for days here comprehending very little. At my level of ignorance, I figure if I don't understand it, then it isn't that important. One thing I was taught a long time ago is when writing or speaking it does little good to express oneself if those reading or listening don't understand, so if people aren't interested in making their views understandable, then what they are expressing probably is not of so great importance.

Have you ever met the Queen? Which was the greater thrill meeting her or having EJ write you a note?

[Andreuccio]

Re: The British shut the stable door (home Loans)

know why? know why they recommend these shares and so on...

ready...

BECAUSE THAT'S WHAT THEY'RE SELLING!!!!

sheesh. if itulip starts selling stuff in line with editorial... i'm outa here. immediately suspect. i want zero connection between editorial and products sold. none. zip. zero. nada.

That's fair. But I think Mega's right that things could sometimes be less opaque here. As an example, I've said this before, but I think a glossary would be a great addition.

[Jim Nickerson]

Re: The British shut the stable door (home Loans)

That's fair. But I think Mega's right that things could sometimes be less opaque here. As an example, I've said this before, but I think a glossary would be a great addition.

Depending upon whom you have in mind, if anyone, I take "opaqueness" often to be lack of commitment to what is being expressed. I believe people throw out opinions to see what sort of feedback they elicit. People write things that they think might be correct and then look for confirmation or non-confirmation of others, and they do so without posing the proposition as question.

[Chris Coles]

Re: The British shut the stable door (home Loans)

Have you ever met the Queen? Which was the greater thrill meeting her or having EJ write you a note?

By the far better is the note from EJ. No argument about that.

[Andreuccio]

Re: The British shut the stable door (home Loans)

Depending upon whom you have in mind, if anyone, I take "opaqueness" often to be lack of commitment to what is being expressed. I believe people throw out opinions to see what sort of feedback they elicit. People write things that they think might be correct and then look for confirmation or non-confirmation of others, and they do so without posing the proposition as question.

No, Jim, that's not exactly what I meant. I'm referring to the use of economic terms and concepts. I guess it depends on exactly what EJ's vision is of who he wants to reach with the site, and how he wants to do it. If he's just aiming for people with strong backgrounds in Econ or business, then there's no need for an explanation of terms. They already know.

If, on the other hand, he also wants people who may be relatively intelligent, but who don't have this specific background, he either has to make some effort to educate them here or assume they will find the information elsewhere. (Without this information, by the way, iTulip is unintelligible.) In my view, it would make the site much more user-friendly if the information were easily accessible here.

One might also take the view, though, that it's not really iTulip's job to conduct Econ 101 seminars. One might say that if people want to access the info that's here, they can first pay their dues by doing the requisite research elsewhere so they can understand what's discussed here.

I personally find myself much less confused than I was when I first came here. But that's after close to a year of dilligent reading. Should iTulip's secrets be limited to people with that level of commitment, or should it be easier to understand? It all depends on your, (or EJ's) viewpoint.

[Andreuccio]

Re: The British shut the stable door (home Loans)

Have you ever met the Queen? Which was the greater thrill meeting her or having EJ write you a note?

I met Prince Andrew and Fergie once, while they were still together. There was a lot of fanfare and excitement, but I don't remember them giving me any investment advice I could use.

[jtabeb]

Re: The British shut the stable door (home Loans)

Thats my problem here at times, with Schiff or Zapta George they say "Look it not Rocket Sceince, buy these shares/PM's or Trusts because...... and then give you their thoughts.........

Mike

Here you go. (Disclosure note: I own all the issues or plan to own them)

Watch the A-123 systems IPO when it goes public (own research, not an insider)

For Uranium and Gold and Silver Issues try "the dines letter" google it, fair price, I'm happy with them. His advice is "paid for" so get the letter if you want the stocks listed, otherwise, I'd tell you for nothing.

Look at USAGX and VGPMX and look at their top 20 holdings and then buy them, very nice PM portfolio and you won't have to pay ANY management fees.

Buy Gold and Buy silver coins (the kind that you and the person you love can roll around in bed on)

That's a descent start,

But, It would be fun EJ to come up with a "model portfolio" that takes everyone's input.

I'll vote for it and start it off.

GG - Lowest cost gold mid-produce (profits up 400% this quarter) yeah!
PNPFF- a diversified junior uranium mutual fund
A-123 systems (when it goes public) - their battery tech is what makes a plug-in hybrid possible, GM toyota, others, just check their website.

Come one, come all, let's get a model portfolio running ( no buy or sell ratings, no price points, just names and date an issue was added to keep conflicts of interest from ruining the fun)

We did this with the tech bubble, some friends and myself. We did quite well with a 700% yr in 1999-2000, only made 500% though by the time we were out of the market. I loved that little TQNT!!!

[GRG55]

Re: The British shut the stable door (home Loans)

Wow! Mike, did you see that? EJ, the big cahuna, the main-man-in-charge wrote you personally the policy of iTulip. So have at it, put up what you think is important regardless of who wrote it.

Don't feel badly, shit, sometimes I read for days here comprehending very little. At my level of ignorance, I figure if I don't understand it, then it isn't that important. One thing I was taught a long time ago is when writing or speaking it does little good to express oneself if those reading or listening don't understand, so if people aren't interested in making their views understandable, then what they are expressing probably is not of so great importance.

Have you ever met the Queen? Which was the greater thrill meeting her or having EJ write you a note?

Coming back to the original item that started this thread...Mega is it correct that in the UK the majority of morgages are not long term (e.g. there's no such thing as a 30 year mortgage as there is in the USA)? If that is correct I would think the UK may be in for a more serious real estate fall out than the US with so many more resets as a percentage of outstanding mortgages in coming years?


"Her Majesty's a pretty nice girl, but she doesn't have a lot to say;
Her Majesty's a pretty nice girl, but she changes from day to day..."
-- Abbey Road, The Beatles --