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 7,641

  • Sooooo Vin-tard……..We got the anticipated bearish reversal candle on gold at 7:00 am. You are going down buddy. You guys will NEVER get gold. You all keep making the same mistakes over and over and over again and expecting a good result. Instead your account gets destroyed one bad trade at a time.

    • I remember how you were too chicken shit to enter the contest, Gary initiated. Why? Because even you know you are a full of shit.

  • @ped Gold getting “crushed” again, lol

  • Can anyone confirmed that Gary did not get back into the stock market via any vehicle after selling TQQQ?

    • He has no position in SM at the moment. Only metals. He does have options trades, but they are underwater in a HUGE way.

  • Damn
    This is what I’m talking about
    How can one confidently follow his advice?
    Thanks for answering

  • Kind of curiosu. What is the metals trade for? anybody

  • JNUG 100% position at 14.70. Yeah site is funny here, but be warned.. folks here will eat their children to survive 🙂

  • a hunderd percent of all the money? Nobody does tthat. getting funnier all the time.

  • so i posted to Ped. er Peg er Peggy that I was holding GLD 125, Jan 19 calls.
    peg responded.
    “Peg
    May 9, 2018 at 4:31 pm
    Sucker!
    January calls? You are going to lose your shirt. What a fucktard.”

    I purchased them for 1.04 today they are over $5.25 now when i posted this couple days ago they were already green from my purchase. i also mentioned that when Ped/Peg/peggy showed up here screaming about how gold was going to be “crushed”, “squashed” (may1, may2) that it was probably close to a bottom. others here came to the same conclusion about him. and yet Ped/Peg/Peggy still try’s to tell everyone he is the “best gold trader there is”

    Oh and my QQQ options 160, 162, 170 June 15 ’18 are also up YUGE! (probably sell them todayor tomorrow same with my 175 and 180 sept ’18. all purchased between QQQ 155-158. My energy positions are up as well.
    Not listening to self appointed GURU’s like PED and Gary and look what you can do. ( FYI. I almost never post my positions for a variety of reasons but this time I had to so self appointed GURU’s can STFU.)

    So who is the fucktard?

    • correction the GLD calls were purchased at 3.02, not 1.04. looking at wrong option on phone. still up YUGE!

      • Good job. That’s why I waste no time EXPOSING blowhards for what they are. Ped is worse than Gary because he is too much of a coward to make a real time call and will never pick a direction without some type of statement that pads his calls.

        I remember he wrecked quite a few peoples account on the blog. A guy named bigdaddy lost a bunch listening to this baboon. Bigdaddy made it a point to call him out.

        All that gurus are a bunch of fucking douchebags and have no clue what the market it is going to do. It’s great to take some risk reward trades based upon technicals, but the ones that think or say they know what the market is going to do are real fucking dumb.

        Don’t ever believe any of them. All these books, indicstors, blogs are just to bait the naive into buying their service. I am sure there is some quality out there, but 90% of them need to be locked up.

        Take ped as an example. Last week he was calling for 1260 gold and saying he knew exactly what gold was going to do. Now he looks like a complete fucking asshile as gold did exactly the opposite. This guy always shows up at the ICL. He is the least knowledgeable fucktard I have ever read.

        • @bobo. thanks. I think I remember you from smt 3 or 4 years ago? there were quite a number of good traders investors on SMT and certainly learned more from listening to their comments/idea’s etc than Gary and the Guru Blowhards. ( i am copywriting that name to use for a boy band I will promote….they will wear skirts an weightlifting apparel. …LOL)
          I am not claiming to be a super trader/investor and I do lose on trades, but by simplifying my strategies and sticking to what I know vs someone else has served me very well the last 5 years. i think it used to piss Gary off when subs would discuss trades and strategies in spite of what Gary was recommending. Thats why all those good traders left. I suspect you were one of them.

        • Oh Bobo, you only exposed your weak, feminine side.

    • You are fucktard. hee hee. I like this site

  • Pegasus says:
    Gold, currently trading at 1313.80 @ 7:40pm New York time is just on the cusp of a directional change that will be the start of a price decline down to 1285 plus or minus. We are talking a 9% total fall before hitting bottom. Several months will pass before we get there. I will know more precisely the buy point of the ICL as we get near those lows however for the moment the flashing red lights should be putting you gold-retards on full alert (so be careful out there).
    If gold does the unexpected and breaks higher above my red-line I will let you know.
    Covering all your bases there I see – gold is on the cusp of heading down unless it goes up – is that you Gary??

    • @ Bluebellkid. Tonight there is a NHL game 7, Nashville Preds vs Winnipeg Jets. I want you all to bet on this game. first let me tell you that lights are flashing. warning signs are going off…Nashville is going to win by 2 goals, so be-careful not to bet on Winnipeg Jets. now in case the unexpected happens and winnipeg wins, i will let you know at the end of the game.
      signed
      Peg.

      hey bluebell are you the fellow that use to post the IBD market commentary? if so, those commentaries provided much better info than Gary did at those times.

      • It’s me although there is someone else who post under “Bluebellkid”.

        • Nope, that handle is all yours bluebellkid.. always liked you back in the day on SMT. Calling him out on his BS. Gary would try to single you out and say.. “see if we waited for volume, we would have a lot less padding on our entry. Bluebell missed the move”.

          Then he got ass raped on JNUG. Two things will be written on Gary’s tombstone:

          JNUG 23
          10,000 will be a piece of cake. 20,000 is not out of the question.

  • Too funny! Hahahaha!!!!!

    Awesome posts. We finally have some dialogue here. And I was right. You are loser gold-retards.

    No kidding buds. I almost pissed my pants reading those posts you people left. I was getting tired of Gary anyway. Now I have you three instead. Don’t you even realize how painfully prideful and thin skinned you must be to leave such silly retaliatory posts to a completely anonymous writer?

    I mean WTF!!!! Hahahahahahaaaaaa!!!

    Nobody gives a shit what you paid for your options retards because nobody knows who you are or what you do. We are not comparing each other to known people like guys in our own neighborhood or the weekend basketball team or even to our brothers best friend who is a billionaire we would like to emulate.

    For fucks sakes, I could be a squirrel with a knack for writing and you could be the three stooges returned from the dead.

    And all of it is probably lies anyway!!!! LOLOLOLOL

    It cracks me up you want to call me the name of an extinct poster from 7 months ago. How fucking stupid are you people anyway? God bless you bugs though. Always good for a belly laugh. Last laugh tonight was mine though. Keep the good stuff coming! I will be back tomorrow natch. Lets see who gets gold right and whose options go into the recycle bin once the dollar is in full bull mode by year end.

    I smell sense splattered bugs on the windshield……is it just me?

    • Just as a little aside, don’t you people think you are making your fear too obvious as we hit an important top just before the gold slide begins in earnest. Like you just received news your beloved Labrador was run over in traffic and might not live. Just nonsense babbling with brains disengaged from the horrible fate that awaits when old Red needs to be put to sleep.

      Here’s the news boys. Gold is headed for a bad end and you will get your asses handed back on platters. No doubt most of you will disappear when it happens. Too bad. I am starting to enjoy our camaraderie. But I won’t be leaving because you know why? I just LOVE it when the gold bugs get what’s coming to them.

      Never get tired of that. Never.

      • Ped, every hour is a top in gold for you:

        “You missed that predictable reversal at 7:03am’

        “Gold closed below 1308.00, if it would have closed still 1308.20, I would become bullish”

        You are a complete fucking idiot. Do you enjoy embarrassing yourself in public, as all of your calls have been completed shit When gold goes up again tomorrow, you will be crying the same shit.. oh but it’s about to end ugly.

        You my friend, are quite the cocksucker.

        • I can’t be embarrassed in public because I am only a squirrel who learned how to type. Nobody cares how fast I type or how nice my fur is although it seems to bother them what gets written. Matter of fact I am sitting naked in my little squirrel cabin right now in front of the laptop banging out this message with my little rodent paws. Here’s what it says….

          Gary is a real person with a real last name. His face is posted on his site
          Avi is a real person with a good reputation to preserve. He is public
          There are movies stars we all know. They are real people too with actual lives
          I am a squirrel
          You are a nobody

          Get over it pal. NOBODY gives a shit what any of us do or say and only you are reading!

  • Anyway, this naked squirrel says that gold is only 6 years and 10 months into an 8 or 9 year cycle. And guess what else? If you take a minute out of your busy retard schedule you will see that gold on the monthly chart has formed a massive flat-topped triangle pattern that started in late 2015 and has just about reached the terminus of its pattern.

    But that is not the good news if you are suddenly jumping for joy and thinking “Yippeeeee Mr Squirrel” thank you, thank you, thankyou!!!!

    Because if you are thinking that is a continuation pattern that is bullish you are DEAD WRONG.

    That’s right Mr gold Retard. That particular continuation pattern is part of a larger pattern of declines since 2011. And that means when it breaks in the next litty-bitty while that gold has a date with lower prices and not the big fucking breakout you idiots all think is just around the corner.

    So you guys keep buying up those calls. Enjoy the spending while it lasts. You can regret it later when you are old and flat broke.

  • I could really smell the fear on this board tonight.
    You guys just know I am going to be proven correct.

  • These post are too long to read and off topic of SMT exposing. Get your acts together little girls.

    • There is always an asshole like you on every website who complains about the length of a post. You must be a government worker or a regulator. You certainly are not a reader with your Twitter length inability to focus. Who the fuck cares about length? Guys like you don’t get the message anyway and never comment until someone leaves more than a paragraph or a pithy one-liner.

      This is why gold bugs like yourself never win at gold. You like to boil the world down to simplistic black and white relationships. Sorry to tell you friend but the world is not so simple and engaging with markets takes a genuine effort to see through all the layers of apparent randomness and complexity.

      Gary fucks up all the time because he is unable to see complexity. He buys when he should sell and sells when he should buy. He dismisses the obvious and clings to ignorant ideas like manipulation to explain what he does not understand. It’s like saying the Sun revolves around the Earth which looks easy to prove by observation but is still 100% incorrect.

      So go back to your Twitter account fucktard. You post was the most useless I have read all week.

  • Attachment 2010-05-31-Cocksucker

    Funny.. suddenly Gary doesn’t look like such a retard after all. Simply fascinating the number of FUCKING MORONS that hang around this site, haha!

    Do you Fucktards not have anything better (more meaningful in fact) to do with your lives than waste time day after day on this stupid ass licking website of a shit hole??

    I guess not………………………………………………………………….

    • The guy sold TQQQ at a loss and it went up just after. So yes he’s still a retard Confucius.

      • You’re taking things out of context like every other Asshole on this site. What a surprise.

        • I see your angle now, also see that you’re quite the asshole yourself with the unnecessary comment. Must be hard to just point out what you meant as it wasn’t clear to begin with.

  • Now do you see why I bought ANY dip in Nvidia and semi ETF’s?

    • No one gives a rats ass about your hindsight trades, shit face.

      • Isn’t NVDA down $6 after earnings?

      • Agree with that Anonymous. What a bore. Any retard can make money in a bull market. This Bluebear wants a fucking medal for it though like he’s the only one. LMAO! Show me the guys who made money on gold during a full fledged bear market and then I might get impressed. They are going to get their chance again soon when gold breaks down from its massive triangle pattern.

        That’s when everyone on this site will finally shut up. Because they all want to be longs……….

  • Dear , BlueBear87

    When they start talking smack it’s time to buy an SMT subscription and start making money
    https://www.smartmoneytrackerpremium.com/membership-account/membership-levels/

  • Yes indeed
    Buy when you are most scared right?
    Always be a contrarian in this market is the key
    Always do the opposite from the herd
    Follow the smart money
    The trend is your friend
    Look for that undercut low as well as that hanging man candlestick
    The beauty of the stock market will always be mysterious and unpredictable
    Mr. Market will humble oneself

  • Gary gave me blue balls yesterday. Not balls that are full of cum that weren’t able to cum. But really balls that were blue. I play with them. And then shot me load.

  • So anyway, I built this gold timing model that charts from a spreadsheet. The idea was to pick out entry and exit point on anything from a daily chart or larger. Problem is that its so damn good it almost always puts me in trades too early. In other words, it does work but I need to really concentrate close to anticipated turns or I end up paying too high at reversals like the one coming up now.

    Today is the day. Sorry retards, I was a little early in the call this week but I will still be correct. It does look like JNUG will be a sell today before heading back down. Gary and his little sub-club are up a dollar so far but it should be better by later intraday. They stand to lose most by holding in my opinion.

    We can only wait and see if Monday is going to be the turn.

  • 50,000 may not be out of the question by 2030

    • Actually, just revised my bullsh… I mean calculations, 80,000 by 2020.

      • Gary, Good that you correct yourself along the way. And, you do it very often to ensure right predictions.
        You make these corrections very often. Why not do it every minute so that you have a 100% batting?
        lol

  • Anyone can make money in a bull market yes.
    But those who stay long during turbulent times have balls of steel.
    Those who buy the dips in these turbulent times have even heavier balls.
    Don’t need a medal.
    Just thankful my bags of cash are heavier.
    NVDA will be the next $1000 stock through time from capi appreciation or a buyout.
    Needlesstosay rise the semis …….

    • Does all a favor bluebear and disappear. You previously stated you were making one last post and now you will now shut the fuck up for some reason.

      No one cares about your trades or believes anything you say, so kindly eat shit and die.

  • 2030-please lock him up

    • 2030 indeed. And now it’s 50,000 NASDAQ no less. How fucking crazy is that? Our friend Gary has an outlandish prediction more than a decade in the future. It does not get any funnier than that folks. What ever happened to his stock market crash thesis of the recent past? Better buy your 2030 calls before they are all sold out! LOL.

      Did he do a metals portfolio change by any chance? It looks like my reversal has finally arrived.

  • Why don’t you burned subscribers like myself just move on and trade for yourselves rather than paying someone to guide you.
    I did and got lucky from the 4th quarter of 2016 to the present day to go from a negative to a scratch to this:
    2014 (+33.40)
    2015 (+784.56)
    2016 (+172.13)
    2017 (+108.23)

    Thus far 2018 is 47.07% as of today’s close.

    No options, no futures just plain old fashion stocks

    • 2014 FANG stocks
      2015 crude short
      2016 crude long/ERX/LABU
      2017 NVDA/SOXL/Semis
      2018 Ditto 2017
      Gary did guide me in early to mid 2016 on profitable calls in TQQQ, LABU, JNUG and DUST

      • Attachment 200w (3)

        @bluebear87 You need this. No one is impressed, except our impressionable sweet beloved Vin.

        He used to get so giddy over Gary, until you entered his life.

  • Please tell me your performance, I’m all ears perhaps I can learn something from you?

  • I presently own 11 companies and two ETF’s
    10 concentrated in the IOT world and one focused on dividend income
    As a whole my dividend yields just shy above 3% a year.

    MY mentor is the late great James Wang from the now defunked OSFDX yielding an astonishing 40.5% a year

    Imagine I don’t want to manage anyone’s money period just mine.

    • Attachment ezgif.com-resize

      ..

    • Is it possible to get some guidance from you?

    • Thank you BlueBear87. Keep us informed. Some here are laps and they want to mess up this site so that people like can’t speak up.

      Thanks for being here and informing us of your experience. Many here are appreciative even if they don’t speak up because of a couple of big mouth arseoles here.

      Keep it up and good luck to you.

  • This is the same crap that bluebear87 did on SMT, that finally got him booted. He would not stop being boastful and eventually he started challenging Gary more and more. It was disrespectful and I guess Gary had enough. Most likely due to the encouragement of other subs complaining about his messages.

    We all know Gary is dangerous or that is the message we are sending to those not informed about his trading styles. With that said, you can see there are far worse types out there. People like ped and bluebear87 who are constantly feeding their egos, show all of us how toxic some traders are with their mentality. They start to believe their own comments and try to build themselves up with the acceptance of others. It’s very sad, but at least it’s so obvious that no one believes anything they say and that saves a lot of people from destorying their accounts by listening to them.

    • HUGE difference …….
      I am not a professional money manager, market timer or finance advisor
      I am an amateur trader investor speculator
      If can do it, anyone can
      It’s called AWARENESS plain and simple
      I don’t have a public blog, subscription service or paid member services of any kind.
      It’s streasful enough just managing my own portfolio 5 days a week
      But it’s my passion and I study it 7 days a week since 1992 skin in the game since 1996
      Lost a lot of money but have made a lot more
      Enough said

    • Sounds like a personality analysis written by a teenage girl, James. Pretty funny stuff. It’s just the kind of thing I expect to read from loser traders who need someone to blame for their losses. Tell me this pal, did you hold your JNUG trade along with Gary over the weekend or did you exercise some caution and sell?

      • Are you kidding me. She has kept them in a safe in the basement waiting for them to reach $2000. And, then she will be a rich old lady.

        • Attachment JNUG May 12 2018 has peaked at the top of its channel

          To bad. My bet is JNUG has peaked. That would be 98% certainty.

          The trade has reached the top of the channel and a breakout would be truly unlikely given what the major indicators are telling us (which is that the next move is a correction downward). We have two converging resistance lines making a breakout very unlikely on a first try. Unfortunately the subs will probably see this trade smashed back to what they paid in pretty quick order and some will hold until it becomes an absolute loss. Not that I care. I really don’t because greed is its own punishment. I just hate Gary’s gambling nature with odds of success being so low right now.

          Does this Yahoo chart really look like it has great odds of heading higher?

          • Only a moron charts a triple leverage.

          • Is that right Blueballs?

            Well its easy enough to prove you are wrong. Run a few channels on that chart above in any direction. It charts beautifully. So well in fact that the program traders use technicals and channels to buy and sell ETF’s all day long and skin the day traders until they bleed. Bet you didn’t know that either. Just open your two eyes and with almost no effort at all you can pick out the peaks and valleys over the past year and then confirm their past validity with just a few easy lines.

            Isn’t that funny Mr Blueballs? To prove you made an idiotic comment took almost zero effort.

            And everyone else reading here can see you are a complete fool.

  • Appreciate the kind words Vin
    Have a wonderful weekend my friend

  • Don’t see any letting up in the bull market till summer of 2022
    Fourth industrial revolution is in high gear 2nd inning going into 3rd now
    Artificial intelligence/smart learning, virtual/augmented reality/gaming, big data centers/cloud computing, robotics, drones, automous driving, robotic taxis, IOT and IOT connectivity are all in play
    Disregard the talking heads in the media and doom and gloomers trying to sell subscriptions.
    It’s evident in the growth of the S&P numbers etc…
    Add on ANY weakness
    Do your due diligence
    Companies of disruptive technologies will
    prevail and make me richer NOT gold
    Blockchain technology as well but sift through the hidden gems
    Bitcoin as a speculative currency as well
    Look for companies near, at or above 52
    week highs in ANY industry as apparent leaders and strength.
    I too have my fair share of lemons but patience is in its infancy of riches

    Timing IS everything
    Being lucky too is the key ……. Create your own luck

  • I left out the electric vehicle space

  • Attachment JDST May 12 2018 bottom pattern

    I mean COME ON PEOPLE!!!

    JDST is confirming by bottoming on its channel even as JNUG hits a top. That does not mean JDST cannot break lower of course. Maybe that will happen. But a quick check of stochastics, bollingers, the CCI and RSI would appear to cast significant doubt of that happening. So my question is “what the fuck is causing Gary to hold on to this trade?”

    JNUG was a good sale at 16.10 intraday Friday and that was taken. Live to play another day. Maybe it will run higher above a pullback and after sentiment gets reset but personally I don’t like to play that game. The point is to take the god-damned money when you see it and not get greedy hoping the unlikely will happen. I’m short by the way. We shall see Monday if I was wrong or not but the set-up could not be easier to play if you watch your technicals (as I keep saying over and over again). These 3X ETF’s are not for the faint of heart. They are not designed to be “held” and anybody worth his salt knows to get the fuck out of them on a Friday when a directional change looks so obvious.

  • Attachment gold weekly

    So I obviously think gold has more downside. I said so already and noted it was my opinion it would decline back to at least 1260 in good time. It’s not a precise number obviously but just an initial estimate. If there is a quick decline gold could fall to an even lower price than my estimate.

    Just look at the unfilled gap on this chart.

    What you see here is a flat-topped triangle pattern on the weekly chart and it should be obvious that the chart is NOT complete yet. These are continuation patterns with a high degree of reliability. But the continuation in this case is a continuation of the decline since 2011 so don’t hold out hope gold is going to the moon anytime soon.

    What we are waiting for now is a fall back to the support line indicated by the lower channel line. The retards who keep saying gold is on the cusp of a big breakout obviously don’t read charts or they would see the obvious. Eventually we will get to the end of this triangle pattern as we bounce between support and resistance and at that time gold will experience either a huge breakout (buy it if it happens!) or instead the expected MAJOR move down.

    Word to the wise…..the dollar is just warming up and has a long way to go before it tops out. In the meantime the Euro could fall all the way back to its 2001 support line. Gold will get killed during this process and the next year could feel like death for the bugs until USD finally reaches its top.

    Do NOT ignore this pattern people. It is the key to understanding gold right now.

  • Attachment Gold Monthly showing triangle continuation pattern

    Here is the triangle continuation on a monthly chart. Starts to look pretty obvious now doesn’t it? This is a VERY negative pattern that is in play with high odds of a failure to the downside. It’s why I told that other poster his January calls would probably expire worthless. At best they will end up being close to what was paid since it would require a break to the upside (above the upper channel in order for them to get traction.

    But if you noticed, the upper channel has a slightly downward bias meaning that when it reaches its next high it will be lower than the prior peak. And since he bought his calls in May close the top they are almost assured to lose based on this chart. I am not trying to be a prick by saying any of this either. It’s just what’s on the chart.

    As I pointed out earlier, what appears to be a double top that formed during 2018 is indeed going to be exactly what it looks like. And the reason should be clear. Once the gap is filled to the downside near 1260 (plus or minus) that double top will be confirmed and we should be ready for the next bounce back to the top rail of the pattern.

    I have been buying and selling gold for more than 4 decades. I have been technical charting metals more than 10 years. I rarely miss. You fucktards who want to challenge me better put up your own evidence or shut the fuck up since most of you know not of what you speak. Waste of my time. But these are the charts for your general edification.

    I will bet the Pin-Ball wizards already figured all this out. Not so much on the SMT website.

  • Pegasus, Thanks for all the info. You have made your point. Let it go now. You have certain interpretations of these charts. Others may have different interpretations. Give them the space.

    Based on these charts alone, my feeling is that gold/golds(miners) are headed up. Only time will tell whether you are right or wrong.

    Good luck.

  • Attachment Screen Shot 2018-05-13 at 6.59.12 AM

    Christian posted this over on the sub side. I think he’s spot on

    • I trust Christian’s analysis more than I trust that “Ass Licking” Pegasus.

      • Christian is one of the only ones that use to post ‘real time’ trades on the blog and made money. That boy is smarter than he looks even though I don’t know what he looks like.

        • Nonsense Blue, he was a shit trader. I used to read his blather. All the proof you need is that chart above.
          Actually you are not Bluebellkid at all. You are probably Christian himself because NOBODY who used to read Gary’s site would have made that comment you left.

    • That chart by Christian is a perfect example of seeing only what one wants to see.

      Look how the cup is drawn attempting to force it to conform to a pattern that is highly questionable at best. Also, a high confidence cup and handle forms following a “prior uptrend” but this one is clearly at the bottom of the price range. If you run a few simple channels on that chart you can easily see it is a termination pattern that will result in a reversal (down).

      Either Christian doesn’t know squat about chart patterns or he is deliberately manipulating subscribers into a false sense of security.
      This is why subscribers need to seriously question what Gary and his devoted lapdogs are doing and saying and not take anything at face value.

      People, do your due diligence!

      • “.. a high confidence cup and handle forms following a “prior uptrend”

        No it doesn’t you dumb shit. A cup and handle is a basing pattern that forms during a consolidation phase or a trend change.

        How much do you wanna bet Christian will get it right and you (as per usual) won’t?

        • Better go back and check your technical charting manual. You are wrong.

          • Ok well then put your money where your mouth is.. either take the other side of the trade or STFU. Let’s see which moron is right. I’m placing my bet on the “lap dog”

    • Actually, the cup with handle is to the left when the stock started the cup in Sept. and then peaked near the end of January and formed a handle and broke out only to sell off into what is now a “consolidation”. To get the big picture one should view charts in the weekly (log) chart (even Gary knew that) – dont ignore the daily but concentrate on the weekly.

  • Pretty interesting take on the gold chart. Have not seen that one before. Well done

  • So….. Gary SOLD TQQQ and BOUGHT JNUG, did I get this right?

  • Attachment HUI May 11 2018

    Watching the HUI. It’s currently right at the upper boundary of its resistance channel. A breakout would certainly be bullish however what I expect is a decline from its last posted close of 182.24……..What this is about is crosschecking other charts for confirmation that an existing trend may have ended and a reversal begun. The check in this case is accomplished with a pair of simple channels. It’s not rocket science and it does work effectively most days.

    I also note that JNUG has already fallen as low as 15.35 today but I would not yet rule out a retest near Fridays highs before the actual decline gets underway. So chances may still exist to get an exit here without suffering a loss.

    • Give it a rest Pegasus. We know your position and if anyone is interested, they can re-read your uptenth post on the subject. 1260 is your target over the next few weeks, you can try and pad your calls all you want and it’s obvious you are growing more nervous by the minute, as you attempt to churn out more posts in support of your viewpoint.

      So kindly shut the fuck up.

      • Hello Lap! Why do lack confidence so much that you have to post with mine or other people alias.

        Take your own advise: “We know your position and if anyone is interested, they can re-read your uptenth post on the subject” So fukc off.

      • Get lost Christian. You were wrong on GLD and you will be wrong on JNUG too.

  • Hello Lap! Why do you lack any confidence that you have to post with mine or other people’s alias.

    Take your own advise: “We know your position and if anyone is interested, they can re-read your uptenth post on the subject”

    So fukc off.

  • So, SMT has the subs in jnug? And, out of tqqq? LOL!

    He thinks there is more money to be made in golds while SM goes sideways? Right lap?

    LOL!

    What a bunch of morons!

    • Vin, come on now. You were the biggest green horn on the blog site when it came to investing, so you are the last person that should be calling out other subs for their positions.

      We know you lost money with Gary. He eventually booted you because you started posting links to this site on his paid subscriber side and were crying day after day about how it was everyone’s else fault you lost money. Take some responsibility Vin for your own poor decisions.

  • laps, will you keep your promise to Pegasus of disappearing from here if golds go down this week?

    • Vin you are a confused soul that obviously have a very poor reading comprehension. If you can recall, pegasus is the one that was challenged to take a bet about disappearing. He refused and said only Gary issues bets.

      Regardless, I would guess that gold closes green for the week. I would certainly disappear if I am wrong under the condition that Pegasus man’s the fuck up and takes my bet and agrees to permanently shut the fuck up and disappear if in fact gold closes positive for the week. Will he take the bet? Most likely not. He is a pussy Vin, much like yourself.

      • He will never take that bet. That kid has a tiny pair of balls! Just a big blabber mouth who’s trying to compensate for his low self-esteem.

Leave a Reply

Your email address will not be published.