So propably you’re subscriber of smartmoneytrackerpremium.com, website run by Gary Savage – or maybe you are thinking about becoming a subscriber. Well, read my blog and i think you will change your mind. You think he is such a great trader ? well truth is far,far, FAR away from that. In a fact – in long term he is WRONG about literaly EVERY market – gold, dollar, stock market. It’s easy to track his “record”, on his blog.smartmoneytrackerpremium.com you can read archive post to check his achievements. I dont know why people dont do that ?! Its easy to find out that since 2011 – in a long term he is WRONG WRONG WRONG and WRONG in his predictions. In a short term – yes he have some nice trades, recently he bragged about “4 perfect trades in a row”. Well guess what happened next, his next trade hit 70% DRAWDOWN, which is almost equal to BANKRUPT. On his website he’s posting “model portfolio” which is nothing but virtual money. But his subscribers are using REAL money and have real losses. So he started about 2011 claiming that gold is going only higher and higher, when bull market in gold crashed he claimed that its only a correction and bull market will resume with target prices around 2000-3000$. Yes… You know what happened right ?

But even in 2013-2014 he still believed that bull market is still in play ! And he was very confident about it, just check picture below, “i can assure you”, “im sure” etc – he is still using this word to this days. “you will make shitloads of money” etc. But what happened, he lost most of cash in “model portfolio”, leaving his subscribers accounts EMPTY. The he hid this portfolio because he is refusing to admit that he was totally wrong about EACH MARKET in timeframe 2011-2014. Just check his predictions they are public available. He claimed that stock market is going to fall, well what happened ? all time highs… he claimed that dollar is done, and what happened ? multiyear highs. He is still claiming that dollar is done, but dollar is still making new highs almost each day 🙂 And of course – gold, he was totally wrong

So to resume – he was 100% wrong on each market, he lost his subscribers money because of that. So what he did, in 2015 he decided to reset his model portfolio, new balance like never happened. Well his subscribers couldnt do that, their money are gone forever.

FINALLY gold bottomed in 2015 so guess what, Gary is on fire again – gold is going to 4000-5000$ this time! dollar is done ! you’re going to make shitloads of money etc, saaame old story

gold prices went higher, no wonder, after fall from 1900 to 1050 it had to rebound at some point. So it rebounded and Gary FINALLY started to make (virtual) money. Subscribers base started to grow, damn what a good trader, he claimed bull market in gold and it happened (no one checked that he claimed that since 2011). Model portfolio rose from 100000 to 220000 and Gary started to bragging about it, every time someone had other opinion (maybe its not bull etc) he responded like he is smartest trader ever, you dont know nothing, im sure, im 100% sure. Yeah, he was sure in 2012,2013 and 2014 also

But what happened in october 2016, Gary went long in gold at 1330$ of course at heavy leverage (JNUG), his subscribers followed him. What happened ? gold went down like a rock, to 1250$ and Gary’s model portfolio from 220000$ shrinked to 66000 which means -33% from START balance.

So lets resume: his model porftolio lost like 70-80% in previous years, he reseted it (virtual money right) then at the moment he is down AGAIN. And of course he is still claiming that dollar is done, and that gold is going to rise above 1500$ before end of 2016. How this will end ? I just hope that his subscribers will not lost most of their money again..

Summary
– he lost 70-80% of cash in 2012-2014
– he hid this like it never happened, just ask him about his previous record – he will ban you or delete your comment
– he lost 70% of cash in ONE trade, so he was DEAD WRONG about gold’s direction but he is STILL acting like trading god

So do you think that this are achievements of good trader ? do you want to PAY him for that ? Think twice. Below you find his “best moments”:

January 2012: If this scenario plays out then we can jettison the deflationary bear market hypothesis and begin positioning for the inflationary scenario which should culminate with a dollar crisis in late 2014. This scenario also has the potential to drive the bubble phase of the gold bull market.
my comment: since then dollar is UP 20% and you know what happened with gold – NICE CALL

April 2012: THE BEGINNING OF THE END (about stock market)
As convincing as this rally has been I am confident this is an ending phase and not the start a new secular bull market.
my comment: this “ending phase” ended with sky rocketing of stock market, SP500 went +60%, another NICE CALL

June 2013: No one even believes that gold will ever see $1900 again, much less many multiples higher than that. Yet gold has now put in place the necessary conditions for a bubble to begin. And all big secular bull markets end in bubbles.Human nature never changes. 
my comment: do i have to comment that ? gold went from 1400 to 1050, “bubble” ? really ?

this is only a small part.. i just want to prove that he was wrong about EACH market. You want more ? check this and dont forget to read all comments: https://forexkong.com/2014/01/16/gary-savage-the-dumb-money-tracker/

Also check this blog, MUST READ: https://goldbugspray.blogspot.ca/ especially:

https://goldbugspray.blogspot.ca/2017/01/gary-nailed-usd-call.html
https://goldbugspray.blogspot.ca/2017/01/still-falling-for-you-r-bullshit-gary.html
https://goldbugspray.blogspot.ca/2017/02/baby-bull-how-one-man-spotted-60-of.html
https://goldbugspray.blogspot.ca/2017/02/baby-bull-how-one-man-spotted-60-of_9.html
https://goldbugspray.blogspot.ca/2017/02/baby-bull-how-one-man-spotted-60-of_15.html

After reading this, are you still willing to pay for Gary’s SMT service (which should be called LMH – Lose Money Hard) ?

BREAKING NEWS: After losing MOST of portfolio in SINGLE TRADE he is doing it AGAIN, Gary deleted his model portfolio in 2016 because he was close to going bankrupt AGAIN. Same situation happened after huge losses in 2011-2014, he deleted portfolio and made new one and guess what, he lost most of it AGAIN. This guy is nothing but MONEY LOSING MACHINE, total amateur which was overconfident about new bull market in gold. He was aggressive against every opposite voice (maybe its not bull ? he was like: you’re stupid IM SURE !) and now we see the truth. Guy knows nothing, cant make money in trading – LOSER OF THE CENTURY – and whats worse, he’s taking money from subscribers for it ! BEWARE

gary2013

IMPORTANT: Third parties may submit comments on the Blog. Any third party comments published on the Blog are third party information for which website owners takes no responsibility and disclaims all liability, and the above disclaimer applies to any such third party comments.

Comments 9,073

  • Time to recount cycles to make them fit the narrative.

  • Attachment Screenshot_20180719-081142_Chrome

    The one who doesn’t know about the futures market, says it’s safe..

  • Attachment Screenshot_20180719-081249_Chrome

    Day trader Savage is out of tqqq

  • Attachment Screenshot_20180719-081429_Chrome

    Day trader Savage is back in jnug

  • Attachment Capture

    Another one bites the dust.

  • Attachment Screenshot_20180719-081345_Chrome

    Oh really Gary? Letting their imaginations run wild.. while you blame the banksters and speak of PPT fairies..

  • Attachment Screenshot_20180719-082305_Chrome

    This is the little sub with over 400k in gold related derivatives

    • I think it was someone else that had $460k in it, some Turkish name of sort. Maybe there’s more than one, but all have been assraped by Gary’s amazing leadership.

  • Attachment Screenshot_20180719-082440_Chrome

    This sub is starting to catch on..

  • Attachment Screenshot_20180719-082535_Chrome

    Hey bluebellkid, your little buddy Christian needs some help with a new count to fit the narrative

  • Was just looking at USLV – wow! I bot 5000 shares a year ago this week at 10.59 when folks were calling the bottom and I saw it reverse off the lows on above average volume. It moved up to nearly $15 before topping and then it started down. I bailed in December with a few cents profit. A year later it is in the $7’s.

  • Why doesn’t he admit that he -just like MANY others-
    just doesn’t have a clue how the gold-story plays out
    in the short (or maybe LONG) term ?

    Being wrong is nothing to be ashamed of, but not to
    learn from your mistakes just MIGHT be sth different.

  • So the BANKSTERS that are (according to Gary) by this time holding EVERYONE ELSE’S SHARES, are they the same BANKSTERS that keep dropping the price of the sector they are supposedly loaded up in?

    • Exactly! I still say the reported volume in NUGT the other day was wrong. The day Gary got all excited and believed that 81 mm shares changed hands and it barely moved and the fact there are only 53 mm outstanding should have been his clue that something was amiss. But alas, Gary is nothing but a retail trader and a penchant towards selling.

  • Attachment Gold_10yr

    All technicals on this 10yr look horrible.

    Anyone seeing light at the end of the tunnel
    (except that of a speedy train coming) ?

  • And it’s official.. numbnuts is out of tqqq after chasing;

    The Q’s came within a few pennies of reaching $179.93. Close enough. Selling TQQQ.

    Always questionable exit prices..

  • Attachment Screenshot_20180719-070416_Twitter

    Attempt #22 on catching the bottom

  • Still time 2-come-2 FRUITion, ha, ha, ha, ha, ah, ha

  • Attachment Screenshot_20180719-095819_Chrome

    This jackass sub wants to play old turkey with. 3x decaying instrument named JNUG

  • Attachment Screenshot_20180719-100244_Chrome

    This sub has become my favorite. He is the new head fool of smt.

  • Attachment Screenshot_20180719-100522_Chrome

    My God man, have you not been paying attention? This is what was said 20 trades back..

  • Goild?! Lol!! Man that guy is still kicking around uncle Gary’s puzzle basement ???

  • JDST – did someone say falling resistance 55.30 with kiss off the falling 252ma…..?

  • Man this composite graph is itching to break thru!! Then it’s miller time. 🙂

  • What is the old saying? Wait for a pullback to the 20 DMA… Well, well, well… The last time this happened, GOLD bounced. The last time what happened? Weekly RSI < 30.

  • Wait, Gary is back in JNUG? I thought he said not till next week ahaha. Back to daytrading it seems

    • must have listened to my 12.45 call, won’t be helping again, I think I proved my point multiple times, have fun all

  • Got caught in the gold mouse trap today and took a kick in the nuts from Mr Market. Nothing mortal but I didn’t like the feeling. Especially since the set up look so good. As another poster pointed out though there were just too many bullish buyers yesterday and in truth that was my one big doubt.

  • Neither the silver or platinum breakdowns were expected. This is bad news. Not in my forecast.

  • jnug to 2000

  • Damned Bankster ….. The cup and handle isn’t working.

  • But, don’t worry. It is a piece of cake, nasdaq at 10k if not 20k by June 2018.

  • For the long run jnug to 2000 for those who have the patience. It has already started the climb.

    We will all buy villas in LV. And, the lucky ones will sit in my master’s lap like I do.

    Just become a sub like me and be rewarded.

    • Oh Christian, you purr like a little kitty kitty while sitting perched in that lap of his vs a lap 🐕.

      I hear Gary enjoys dipping his little thang into peanut butter and lets you go to town until your master busts a nut.

  • Gold is up. That is extremely bullish considering miners didn’t plunge in sympathy with gold this time. This hasn’t happened in a long time.

  • Attachment Screenshot_20180719-135351_Chrome

    Are you fucking kidding me Gary? You have made no less than 20 plus trades in the metals, trying to catch the bottom and now you are claiming you finally found it?!

    • LOL, everyone is licking his rectum there, tomorrow they will have a vomit hangover. OK almost everyone, a few remain skeptical.

  • He just posted a breakeven stop and I guess tmr if he decides to sell for a small profit, he will be all high and mighty and tell people to take the fucking win. What a dick.

  • Break even stops are worthless when a massive pre-market gap down happens.

    • Exactly. Liar Gary is at it again.

      • For today everything was goin positive until the close. Miners action was terrible. Gold held well marking a hammer candle. There may be a little more weakness tomorrow.

        I am sceptical of Gary’s trades. His portfolio never reflects any of the losses. Only winners

  • Seriously folks, how many times am I going to have to call a bottom before I get it right!
    Gary Savage

  • Telling you right now. Radomski calling it.

  • OH MY GAPING ANUS!!! THOSE BANKSTERS ARE SODOMIZING ME AND I LOVE I… MEAN HATE IT!!

  • Mr. Daytrader, blood bath phase, Nasdaq 10k-20K, JNUG, $500K portfolio is calling a short term top in stocks.

    Futures are currently RED but probably has nothing to do with his call. He has such incite and vision on the market. Of course he does not mention the size or duration of the decline.

    If the Sunday night futures are green, he will be back in TQQQ on Monday’s open.

    The man has FOMO. Fear of missing out.

  • Attachment big-cocks-10-15

    Gary called the bottom!

Leave a Reply

Your email address will not be published.