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 13,506

  • whats goin to stop the mkt from a really big smash down.nothin below but air all the way to S&P 666.

  • Peg NICE call too!
    👍♥️

  • Its OK.I’ll make sandwiches.

  • can i sit on your lap and suck your titty?

  • Enitities that hate Trump want to dethrone him trying to create a FAKE bear market vs correction.
    FED will have to pull the rabbit out of the hat trick apparently
    Basically since Nasdaq 6384 is a “has been” one has to watch S&P 2603 going into FED meeting 12/20.

  • Gary please come over and rub lotion on my balls.

  • wheat, corn,soybeans up up and away goes the food budget!

  • Looking good into the close aka 6984

    I hate dark force’s agenda

  • 10,000 NASDAQ ANYTIME NOW!!!!

  • At the end of the day this market is pretty much manipulated
    Fundamentals are above standard
    Economy is running on all cylinders

    Important junctures:
    S&P 2603
    S&P 2532

    Swing date: 12/19 FED meeting

  • Attachment Bear Flag in process and expect a pullback on gold Dec 08 2018

    Here is my weekend gold Chart for your consideration.

    I happen to believe the recent run-up in gold prices is already finished. Miners never responded in any meaningful way so bugs have been rightly disappointed. Many of them are already pining for the January bounce that is presumed to be coming.

    Well I have bad news for you bugs out there because I think this chart is warning us gold’s big bounce will be delayed this year. The dollar has simply been too strong and the Euro too weak and since commodities are subject to the overwhelming forces of currencies we should temper our enthusiasm for now.

    If you absolutely must invest in gold I would suggest being very cautious at this time and not betting the farm on expectations that will disappoint. As far as I can tell the next bullish impulse in gold won’t happen until late spring at the earliest.

  • Either way FED 12/19 will leave rates be OR cut rates depending if we go below 2603 or hover here IMHO

    • Did you just call a Fed rate hike and no hike in the same sentence? Is that you Avi?

      • ZERO rate hikes PERIOD
        Some stupid firms are calling for one in December and up to 4 next year!
        I’m claiming ZERO to cutting rates to get the stock market revived.
        ZERO inflation
        Powell has changed teams

      • Avi nailed that bottom in TLT and even told us he was buying at 113 TLT.

        • What are Avi’s thoughts on the markets?

          • Avi says the market could potentially go over 3000 on the SP500 all while saying that it’s possible that the SP500 may drop to 2400 or 2100-2200 area. He also says we’ll see a lot of whipsaws currently. So he literally thinks that the market can go up or down. Whodathunk it?

          • Appreciate it SMT
            Peter @ ShadowTrader is thinking 2400.
            I think there’s way too much bearish sentiment out there ……. the obvious iusually doesn’t happen (Wall Street tends to humble people)

          • Avi and his staff have been catching these turns and have really been showing why they are simply the best out there. They are looking for the market set up to take us down to the 2450/80 target, and then for a bigger rally. Eventually, he thinks 2200 will be seen.

          • Avi is all over the place covering all bases.
            2200? No way.

          • You are so wrong. He and his staff have been all over this drop. Even called for it once 2880 broke.

  • JP Morgan and Gunderson Capital forecasting 3K for 2019 based on earnings

  • Did you even look at the DOW chart I posted on Friday? Its a giant double top and you goofballs are talking about it rising 10% when you should be more worried about a 15% correction.

  • He isn’t wrong YET…i still believe we’re at a bottom. We’re stuck in a wedge that I hope will break to the upside this week or next. As for gold, I would have to disagree peg. I think its still going higher. The dollar is turning over. After last week I’m convinced.

  • Gold is sniffing out a rare halt.
    USD as well
    Stocks forming a bottoming basing
    Coincidence? I think not
    The Dems et al still have 2 years to smear Trump
    I’m still a bull to spring 2022 let alone 2020 MINIMUM

  • Attachment TLT

    For those of you who really do not read Avi correctly, I am not sure how you can misinterpret what he is saying in this chart. . .. and, damn, he nailed it.

    • Sorry but that chart makes no sense to me. Way too noisy. What does it say?

    • Like I said covering ALL bases
      If A happens then B
      iF C happens then D
      Also there is a slight chance of E happening as a black swan event.
      Who the f really knows ?

      • Are you guys really that dense? Bottom at support – he even told us he was buying at 113 in TLT. Then rally to first box . . pullback . . then rally to second box. If you cannot understand how to follow this, then you do not belong in the market.

  • Didn’t My Master say 10k is a piece of cake and even 20k is not out of question. All you retailers doubted His words. What a pity! Many could have made a bundle but you doubting Thomas(es) didn’t. I still hold on to jnug. Very soon it will be $2000 and I will be rich and powerful like My Master! Right Master?

    • Yes that’s exactly right. 10k will be a piece of cake and 20k is not out of the question. JNUG 2000 is right around the corner.

    • The JNUG2000. It slices, it dices, it mashes, it smashes. But wait, there’s more- Order yours Now and receive the major crisis prevention number Now (included at an additional extra charge). Order Now.

  • Just to prove I have no idea what is happening with gold, I have an alternative chart that says gold will go to 1525 dollars in the next two weeks!!!

    But I’m not going to publish it.
    You people would not believe it anyway.

  • So TLT is a treasury etf? What’s the relationship between these and the stock market exactly? I’ve never really looked into these. TIA 🙂

  • TLT is an ETF that benefits when intetest rates fall and bonds go up. If you saw my chart from Friday you can see its positioned for a reversal. In other words the bond bull is NOT DEAD. And secondly, the Feds rate hikes are almost certainly finished if 30 year bonds rise and TLT goes back up. It could be one of the best trades of the year for 2019. Wait until after the Fed speaks on the 18th though. If they sound like they will keep hiking then the bond market will break and that chart will go in reverse.

  • S&P just hit 2610 so now its the moment of truth. Will it bust its cherry and crash thru 2610 or will it soar on gelded wings.

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