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

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Comments 10,782

  • all of youse shut off i was having a wet dream about gary.

  • gary gary gary gary enough with that pos im goin out for ziti……..coming otis.

  • Shit! I think gold is going down for another round. Damn damn damn!!! Looks like we could be in for at least 1150 this next time around.

  • I hope I’m wrong. I just hate the pattern right now. It looks like hell.

  • Attachment 20180817_073511

    Looks like the SMT bag holders bought about 1800 contacts.

  • Bear flag on the miners, miners also on SOS. Maybe it means nothing…
    watch your stops

  • prickteaser gold hanging in there lower 1190’s slam the bitch put the longs out of their misery.

  • Attachment 20180820_173137

    Did any of you dipshits buy the dip?
    I thought not.

    Statistics show 10% never get the word
    90% don’t make money in the stock market
    And 10% do, lucky me.

    • garysavageheravagemycabbageprotraderthebullshitprofitinvaderbluebellpensionerthebiblementioneranonymouswetpussnadadenadapegashiteupforafightwernerthelearner

      long eurusd and short usdjpy, targets given in real time, protrader gem buy the dips in a bull market, comedy gold as per usual

  • garysavageheravagemycabbageprotraderthebullshitprofitinvaderbluebellpensionerthebiblementioneranonymouswetpussnadadenadapegashiteupforafightwernerthelearner

    Gold & Silver – massive inverted hammers on RRS & FRES yesterday would suggest upwards pop is coming, dojis in GDX & GDXJ

  • garysavageheravagemycabbageprotraderthebullshitprofitinvaderbluebellpensionerthebiblementioneranonymouswetpussnadadenadapegashiteupforafightwernerthelearner

    Gary late again on his dollar call, pinbar on support eurusd called it days ago, pointed out on here at the time, lucky for him most humans are thick, pig ignorant sheep or he’d be homeless, simply cannot believe he has subs, truly tragic

  • Morning all. Change of direction of Dixie shows, gold and
    other commodities on the up. Watch 1,200 – my guess is,
    gold will be sold again then. Suckers rallye ?! Take care.

    • I must have been seeing things yesterday, Werner. Not sure now but it was one of those pit in the bottom of your stomach moments when I saw golds future as totally dismal and depressing. But here we are in the wee hours and price is up 7 bucks so I could have been wrong (chirp chirp).

      • Morning Pegasus.
        I’m NOT buying as I do not yet see a clear picture.
        For my kind of trades I want a direction to evolve
        as the risk of getting knocked out by some violent
        swing (as often the case with gold) is too high.
        I prefer to enter into a trend to being sucked into
        daily whipsaws like atm. Just watch the futures
        in a 1min-chart and you’ll see what I mean.
        Good luck !

  • garysavageheravagemycabbageprotraderthebullshitprofitinvaderbluebellpensionerthebiblementioneranonymouswetpussnadadenadapegashiteupforafightwernerthelearner

    please tell me you ladies caught the daytrade on CAC40 given to you yesterday on a plate………..

  • garysavageheravagemycabbageprotraderthebullshitprofitinvaderbluebellpensionerthebiblementioneranonymouswetpussnadadenadapegashiteupforafightwernerthelearner

    FRES, RRS, GOLD, SILVER, GDX, GDXJ, CAC40 – all up, all pointed out by moi yesterday but I’m too scared to enter GARYSAVAGEHERAVAGEMECABBAGE challenge…pure comedy gold

  • Good volume in GDX, GDXJ, JNUG – they are due a bounce. I’m inclined to try a swing trade for a move back to the 50 day or maybe slightly below, just depends on how strong the move looks to be.

  • And we’ve lost the modest gain in gold Peg posted above (futures).
    As I sadi this may well (have) be(en) a suckers rallye. Watch out !

  • Attachment Capture

    Way to be precise, a 7000bps spread….

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