While it may well be (looks like it from a linguistics stand point) scam business operation as far as the buy-in and multiple thread personalities go, the advice and analysis is frankly very spot on for this type of market. He offers compelling information towards a questionable investment in joining his group. I would say this is a common tactic in the common world as well -- there is a way to take the actionable intelligence towards your own trading strategy without buying into him. This is why he's not banned.