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 15,740

  • Ah, but today we bust down through 2850 and what will mr. Blue balls say? Now he is wrong. And He can’t even wash Dem balls.

  • Ok Gary we know this is your grammatical signature and lingo.
    Let’s see if you a professional market timer is correct or ME an average Joe trader gardener.

  • My disabled friend – Vet – without cash reserves lost his entire account with Gary. ***WARNING*** I really wish we found this before hand. I’m so sad for him.

  • Where’s bear kitten and Gary now???

  • I’m right here! Market looks like shitty shit shirley.

  • Fricken losers

  • Piece of cake.

  • Gary’s SPX 2300 call was a fock up

  • Nothing but a fraudster.

  • thats not a picture of gary savage on the website thats peter dinklage the midget from game of thrones. google gary savage its a fake pen name he doesnt exist,fraud ,the writter is at the gay strip club every night

  • Gary is Toby:
    https://www.google.com/search?q=toby+connor+gold&oq=toby+connor+gold&aqs=chrome..69i57.12512j0j4&client=ms-android-verizon-sscr&sourceid=chrome-mobile&

  • One usually will change their name due to failures in business.
    Clearly keeping it with success is a no brainer.

    Gary’s famous for erasing mistakes and bullshitting while exaggerating success to lure in the incompetent.

  • Way to go Gary and kitten ……. SPX 2300???
    https://m.investing.com/indices/indices-futures

  • I am glad that somebody finally did something about this Gary clown; he should be in jail.

  • Nothing can be done from a legal standpoint.
    This site is here for educational purposes only ……. AVOID SMT altogether!

  • And several times traders complained that he was virtual trading for his realtime trading alerts because he would indicate fills that were documented by some subscribers to be impossible to get when noted.

  • I joined him last year for several months. Got mentally sucked into following his trade alerts on triple leveraged gold etf JNUG. What a disaster. He went long last year just before the summer doldrums. I kept thinking makes no sense but oh well he knows. I should have listened to that voice in my head that was telling me high risk move going into summer. anyway I lost approx 50k. I went back to my “boring” trading method and made it back by year end thank God. He uses triple leverage which is extremely dangerous if you get the direction wrong!!!! you can easily wipe out your portfolio.

  • https://www.gold-eagle.com/authors/toby-connor
    Seems Gary Savage is Toby Conner ?? Same picture exactly ! Unbelievable. Can you even dispute that hes a con artist. Causing misery

  • IF Toby Connor was a success, why change names and outfits?
    Why???
    Because it was a failure that’s why.
    Gary should’ve changed his look to another family member or friend.

  • All of these unlicensed unregistered market internet youtubing wannabe financial trade callers should be in jail. Almost all of them are fraudsters one way or another. #feargreedporn

  • Most constantly pitch their biz and they’re for the most part lousy!

  • Source: https://www.cftc.gov/PressRoom/PressReleases/8006-19?utm_source=govdelivery

    >Falsely or misleadingly claiming that Jousef was trading forex and commodity futures in a “live trading room,” when in fact Jousef never actually traded and only made hypothetical or simulated trades;

    >Falsely claiming that Jousef’s “live” trades were profitable when in fact Jousef never executed any live trades in the “live trading room,” much less profitable ones;

    >Making false and misleading statements concerning Jousef’s background and trading experience, including that Jousef was registered with the CFTC as a commodity trading advisor (CTA) when, in fact, he was not;
    Misrepresenting the risks associated with trading forex and futures contracts, such as advertising “Free Money” and “A Guaranteed Winning Formula;”

    >Failing to provide proper disclosures concerning client testimonials and hypothetical or simulated trading results.

  • I am still here blueballer87 2.0. Balls in a vice from my short, but can handle the pain – for now. The sentiment is too bearish for my short and should have waited, but its house money so not the end of the world.

    S

  • I was scooping up AMZN at the lows.

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