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 15,643

  • Get on the train and make a shit ton of money. Subscribe now.

  • To the guy about “No one has a Crystal Ball” ugggh your wrong. The crystal ball is on the other side of whatever any of you Online Self Directed traders are doing. Your stock equity firms know your win / lose ratios and are betting against all of you and surprisingly this is acceptable to the trading community. However these YouTubers are absolutely insanely clueless and are only out for themselves. If any of them had a clue they would be a “Hedge Fund”

  • I still don’t understand why the fuck did we buy miners at the exact top last week?!

  • SMT is a fucken joke.
    Worse than a coin flip.
    Plus the guy is an obsessed queer with no moral and ethical standards.
    Avoid.

  • This is the problem with the internet and the financial sector – its given a voice for any douchbag to walk off the street break federal and state laws giving financial advice predicated on Fear & Greed. I’ve seen in the last 10 year an explosion in this and the sad thing the unsophisticated are falling for it giving them a market. I honestly thought with the advent of the internet it would make people smarter and expose these folks. The opposite has happend – they make so much content to jam up Google to cover up their deceptions. What Congress needs to-do is regulate the financials sector like they do for Lawyers, Pilots, & Doctors really any licensed industry with jail time consequences and pull in the reins on these massive internet deceptions. Sadly Congress, FBI, SEC, DOJ are totally failing in this. I know in other countries they have pulled in the reins and ANYONE giving financial advice in ANY capacity must be registered with a government authority & background checked and audited or sent to jail.

  • Exactly.
    They need to enforce documentation on their claimed gains.
    SMT is full of bullshit.
    That is 100% fraud.

  • I remember he wiped off the losing trades in late 2016 from JNUG, NUGT and USLV.
    He said he would only recommend trades and completely remove his cyber trades and portfolios.
    There’s no way this is true:
    The SMT stock portfolio is up 588% over the last 3 ½ years. The S&P during that time is +44%.

    The SMT metal portfolio is up over 1000% over the last 3 ½ years. GDX is +83% during that period.”

    This is complete bullshit.
    He needs to risk investing in 100% 3x leveraged etfs or options to get those results.
    We all know his timing in stocks are horrible too.

  • Use to be $16.67 per month, now he charges $50.
    Won some, lost some on his ideas.
    Can’t blame him, blame your trigger finger.

  • December 24, 2018 at 12:37 PM

    I watched the video by his Dad, and I am always skeptical of ‘newsletters’. If anyone is so brilliant that they know when to make money, why not just do so, and not be bothered with creating a newsletter? I once met gold info peddler Bo Polny at a conference. He was pushing me to give him $15k for the honor of him telling me when to buy gold. It was like looking into the eyes of the devil himself. I could actually feel his darkness as he tried to get a hold of my soul. Scary stuff. AS for Bauman, I did look him up on wikipedia, and when I saw this in there, it was a HUGE RED FLAG! No thanks Bauman!

  • Yep well put. I just cringe when I see all these market timers ripping people off and trying to hustle their subscriptions, you see them all over the internet. They make bold and outlandish predictions for the future like they are God with a holy grail crystal ball. They all must be billionaires by now yes???

    NO just peddlers committing fraud and unjustly acts to innocent and naive investors.

  • SMT bot some leveraged miners at the top again.

  • Typical Gary
    Buys the tops and claims he buys the bottoms and sells at the tops.
    If the trade goes awry he will simply delete them.
    Rinse and repeat.
    Publicizes false performances.
    Where is the SEC???

  • “The SMT stock portfolio is up 588% over the last 3 ½ years. The S&P during that time is +44%.

    The SMT metal portfolio is up over 1000% over the last 3 ½ years. GDX is +83% during that period.”

    We all remember Gary was calling for a Trump bear market back then.
    He literally didn’t get long until the spring 2017 not November 2016. I hope he didn’t falsify or delete those public archives. God knows what he did on the inside of SMT.

    Stop with your bullshit claims!!!

  • You know your bad – when you have a website dedicated to out your fraud. Thank you webmaster for warning others – great idea! Every peddler should have a website like this.

  • Just remember he is a dangerous trader that can blow up an account.
    He gets overweighted in options and 3x leveraged vehicles.
    When a trade goes awry, he will delete the trade and start out anew hence his so called performances which cannot be true.

  • If the general public understood the regulatory landscape better they would understand this act of “Cherry Picking” his online track record to deceit or defraud would be flat out illegal if he was properly registered with SEC, FINRA, CFTC he would be shutdown and levied massive fines against him. Since he’s not registered – these rules don’t apply (for now) however this fraud falls under the FBI/DOJ jurisdiction. This is why NO-ONE should take financial advice from unregulated person(s) without proper license(s) as there is no recourse or audit system in place.

    • Sad loophole.
      I always laugh when I listen to a financial advisory show then at the end they state this is for entertainment only.
      WTF is that focked up shit???

  • Also our audit team has done background checks on many of these online YouTubers/Bloggers – actual real background checks my investigation team has completed. Many of them could never become licensed in any capacity due to their criminal and or fraudulent background that already exists. Why again working with a licensed individual comes with many advantages first there is a consumer protection mechanism where filing a complaint takes only 2 minutes plus they all go through strict audit(s) and background checks. Even their social media is monitored in the spirit of protecting the consumer. So again be very cautious when speaking or listening to anyone that’s unlicensed in any capacity.

  • The internet has created many wealth opportunities as well as scams in itself.
    Those that advertise them to be the holy grail is clearly too good to be true.
    I’ve always intervened with those by letting the public be aware that no one has a crystal ball, no one is God.
    If they were then they would be billionaires that shouldn’t reveal their secret sauce.
    SMT is on that list of mine for sure.

  • Have you personally been defrauded – know someone that has, then act now by click this link to SEC Whistleblower program.
    SEC.gov | https://www.sec.gov/whistleblower

  • I am back. I can’t take it anymore. You guys have been insulting my master day in and day out. You guys are so blind. My master have made money for everyone. I know because I sit on his lap and enjoy. So. stop bashing my master. Has he ever been wrong, be it NASDAQ or JNUG or anything else? Come to his manson, sit in his lap like I do and enjoy the ocean view.

    • AssLicker. Your master haha.
      I kow you from his page. You got thrown out because posting in hidsight. Stop spamming here.

  • JNUG is beginning the move to $2000 where Gary can break even!!

  • Anybody know how to get mantion on google and why we can’t do this simple way?

  • Gary here, I have a secret to the markets, buy high and sell low. I have mastered the art of the loss.

    • Thank you, Master. You are so knowledgeable and kind. You are the best. Master tell all these Morons when will jnug go to $10000 per unit. Master! Make them wealthy! All of them!

  • At least Gary is on the right side of the fence in semis.

  • Semis on fire today

  • My name is G-Dog de market specialists – I have no no real prior experience to trading and I fell on hard times – so I started my blog to support myself destroying the wealth of others – follow me – trust me – and wait there is more I have the best track record ever (wink-wink)… come on trust me!

  • This board continues to die with a sad consort of losers. In the meantime, I feel we have been vindicated for the year, and our subscribers are very happy to be on board.

  • Vindicated for the year – how about all the previous years too? Did you know if you where a true CTA or SEC Advisor carrying a proper license you would have to disclose an audited track record for ALL of your years since inception showing the true nature of the volatile trades you recommend. This would be in your legal disclosure documents you would have to give to each prospectus or client/follower since your selling track a record based on performance figures? Also these D Docs would have to be submitted to the regulators for regular review. Of course you would.

  • Your also missing all the legal proper required risk disclaimers all over the internet more specifically within your blog/internet site.

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