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 12,798

  • Those damn bankers and their undercuts!

  • “The SMT metal portfolio just racked up a very nice 7% gain in two weeks and is sitting at all new highs ($508,000)”

    This is how you know Gary is outright lying. Just two weeks ago, the portfolio was supposedly at 500,000, and supposedly this was a 10% trade. 7% of 50,0000 is 3,500. That means the portfolio should be 503,500. As we can now see, this is how Gary computes his gains. Not only does he erase his losing trades, he more than doubles the gains he does get.

    People, this guy is so dirty and dishonest.

    • Yep it’s all lies.. he was whipsawed to death by papercuts with his fake portfolios. He cut off comments on his blog so he could enrage the “trolls” that call him out.

  • Attachment ee

    Yeah.. this is what Goatse sees, but he is out of the trade anyway.

  • I recall Gary boasting how JNUG was going to $500 in a couple years. He is one of the worst traders I’ve seen and has the character to match it.

  • Anyone have a clue what Gary has done in stocks today?

  • This poor sub had to learn the hard way. Gary destroys another portfolio with his shit option trades;

    “maxmax says:
    July 10, 2018 at 5:46 am
    Can’t wait to be out of this trade! This Gold BS is not investing it’s gambling!
    The DIA options and this Gold trade are my last ones.
    I have done pretty on just taking your cycle counts to invest in the things I trust and know about and will stick to that.

    Talk about mental capital destruction!”

    • “Mental capital destruction”

      Wow, brutal words spoken with honesty. Gary you should be ashamed of yourself because you don’t know what you are doing to people with your ill advised crazy ass trading methods. Fuck man, what you are doing is not even gambling. You are taking every contrarian bet trying to score lottery wins and instead getting destroyed one trade at a time.

  • Let’s see how long Gary can stay out of the market without jumping back in.. the only reason he is letting the AP options ride is because they are over 95 percent underwater.

    • But he expects Dow Jones to be above 26,000 IN THE NEXT TWO WEEKS, which leads me to ask why the fuck he closed the TQQQ trade. Any case, Dow needs to go to 28,200+ for that shit AP trade to be flat.

  • Yen futures broke lower today (daily chart level) and violated the lower bound support I was alerting you to yesterday.

    Watch your gold trades. They may not have moved much yet but we have a negative signal taking place so be careful. Weekly Yen may also have broken down although its a bit harder to read that chart. Monthly Yen also reporting a breakdown but keep in mind the candle does not count until the month is actually over. Gold futures also took a sympathetic dip into negative territory before recovering but will probably end up closing lower with a target of 1247 coming.

    Platinum interests me most right now because I do believe it has hit bottom on a cyclical basis meaning that even if gold does fall lower it will not be the end of the world. So I am not saying to bail out of any gold trades because its my belief from looking at the charts that prices will recover.

    We have negative signals but its not doomsday quite yet.

  • Gary of New is more gun shy and is a hypocrite by day trading than most..

    I call it in poker terms playing to lose rather than playing to win.

  • The reason he is gun shy is because he has been on the wrong side of most of his recommendations lately and catching a lot of flack. If he were doing well there wouldn’t be any criticism and no need to be so defensive in all of his blog posts – doesn’t take a genius to figure out why he is constantly bashing “retail” traders when he is the epitome of one.

  • He from my recollection is batting 2/10.
    Coin flip is 50/50!
    WTF?

  • usdjpy – next target 114.18

  • Gary made 7% using a 3x ETF. big whoop.

  • Good morning dirty birds! Gary is already talking about re-entering stock market ahrwad of Hawkins meeting. Watch for the trade bitches!

  • Man, the guy posts like a broken record same shit over and over. Huh..

  • the only mountain gary climbed was last night when he climbed up on my rock hard erection and sat on it

  • Gary still believes Baby Bull(shit) is coming again?

  • Peg what you think JNUG entry at?

    Thanks

  • Say what Bubba?

  • Gold can suck my ass!

  • Day trader Savage back in the saddle

    “Buying 100% position in TQQQ at the open unless we get a big reversal between now and then.”

  • And also back in metals..

    “I’m also going to start a position in metals just in case the banks fail in their attempt to create the undercut.

    Buy 50% position in JNUG at the open.”

  • I think you guys are getting a bit emotional lol… the HUI might just be stuck in a channel. No undercut bs… if it breaks resistance at ~182.85 might be a good time to consider a position. What do you think?

  • Yeah Vin. No idea what Gary’s strategy is. He’s all over the place. No patience ironically which is a bit part of this game.

  • Attachment Screenshot_20180712-085312_Chrome

    This little sub is too funny;

  • Attachment Screenshot_20180712-085431_Chrome

    Someday Gary, someday..

  • July 12 Open
    100% position in TQQQ $62.73

    July 12 Open
    Leveraged
    50% position in JNUG $13.78

    Unleveraged
    50% position in GDXJ $32.80

  • If any of you fleas are worth a shit —–then enter the contest with real time trades. Otherwise….shut the fuck up!

    • Ted, no one liked you on the smt blog and guess what? No one likes you on smt-exposed. So kindly go fuck yourself.

  • Wow you’re telling me no one has entered Gary’s challenge? Not a single soul? That in itself tells you people are on to him and want nothing of him period.

  • Attachment Capture

    Gary’s subs

  • you fleas with no balls !

    • I regard myself more as a rhino beetle than a flea but then I can lift a lot of weight

  • Nice daytrade on TQQQ for a top sell yesterday then a rebuy @ open Gary!

    Guess it could’ve been dog luck timing but nevertheless kudos.

  • Whoever is asking me about a JNUG entry…..

    I am buying but not yet. Gold is going to fall back to 1239 again and JNUG could drop under 13 dollars in the process. The bottom of this gold cycle is still working itself out. No worries about missing out on the last bottom. What I want to know is tomorrow if gold stops falling at a number higher than the prior 1239 bottom or lower than the prior bottom. It will make a difference.

    • quadruple arse at 12.44

      • I’m targeting 12.75 for a JNUG bottom. Should be good to buy. If it goes to 12.44 I might be concerned because its too low.

        • won’t be going anywhere near it until short stochs give a signal, good charting, have fun

          • OK….good point. There are always technical conflicts to confuse us though. I use the CCI but others work as well. If gold does as expected and drops down to 1239 again then we will see short term stochastics on JNUG get over sold fast. It will really pay to watch the charts the next couple days.

            I can’t say for sure how fast gold drops back down but am certain it will.

        • Just rechecked on a different platform and you might be right. JNUG will fall into the low 12’s and it could happen as soon as tomorrow (Friday). Whatever the price I am BUYING because I think this is the best entry we are going to get. I expect the bounce to be worthy of our time. Tomorrows intraday low is the target. It may however come late in the day. We shall see.

          • 12.45 looks like a good spot to me, I’m short gbpusd to 130.49 and long usdjpy to 114.18 and long gold 1242.90, I’m itching to short the CAC to 5272 but want it pop to 5440 first, unlike Gary 2% on each idea

        • Appreciate it Peg!

          • Attachment JNUG price target

            Anytime my friend.

            Here’s the chart I am watching and how I see it. The technicals are turning down right now on a 30 day chart. When they reach bottom that is our buy point. Check the lower support channel (thin black line) and try to imagine what price that is. Using this particular chart its middle 12’s on JNUG but the intraday price could easily go lower.

            I am 97% certain this is our final bottom and a really good bounce will follow. Perhaps Monday? Getting the timing right is always trickier. Just watch those technicals for a bottom and you will hit the price point close enough.

            (Sorry if the chart is a bit rough. Should do the trick though)

  • The other day I said Yen would hit 88 if there was a breakdown on the Yen/$ chart. Well break lower it did the very next day and it has dropped rapidly into the zone. Today it is trading as low as 89.19 so we are almost there. Not calling a precise low on the Yen though. Anything with an 88 handle will likely tell us we hit bottom when viewed on a weekly or monthly chart. What’s great though is that the charts are behaving really, really well and it makes predicting the final lows a lot easier.

    Who said trading gold was difficult?

  • Attachment Screenshot_20180712-133809_Chrome

    Thr lap dog is always being an arrogant prick.

  • Gold’s 200 WEEK moving average is down at 1235.09 incidentally. That is another logical stopping point in the event it drops below the prior low of 1239. Just a few bucks but more than enough to stop out a lot of people who thought they already bought the bottom. If we are going there then look for another week or two of gold dragging itself around like a 3 legged dog. Could happen. I really don’t know at this point.

  • Tomorrow or Monday could give us an ugly decline in gold prices. If it doesn’t happen then don’t sweat it but if it does just say you were warned. I have a horrible downside target short term but am not willing to share it because it will depress everyone who is all optioned out and ready to rock and roll. Here’s a hint though…..it’s lower than 1235 and higher than 1220 so it ain’t pretty. I’m out by the way. Don’t say I didn’t mention it later on. Gold does suck sometimes. So much for 97% certainty. Oh well. LOL!!!!

  • Pegasus,

    Another article by Radomski…he brings up some good points and charts as to why this isn’t looking good for PMs

    http://www.kitco.com/commentaries/2018-07-12/Gold-s-Silver-s-Reversals-Reversals.html

    • Thanks SMT Follower.

      By the way, strike that comment above about a decline happening Friday or Monday. I was actually reading a weekly chart when I left the comment. So the decline probability is still a red alert but the date will be pushed further out at least a week where the real danger lurks. Sorry about that but best to correct myself now.

      How did you guess I was Pegasus? You know, I have to keep changing my name and IP address lately because the site administrator is trying to muzzle me by not allowing posts to go through. One of these days it might be my last. I must be getting on his/her nerves.

      What’s new eh? Hahahaha!!!!

      • OK, I just read Radomski’s article and I have to agree with him. Lots of great points. If gold does bounce (and thus JNUG) then its likely only going to be a short term trade and then back down we go. In retrospect, I was far too generous with my gold outlook earlier today. Must be the Prozac! Ha!!

        • Well I don’t know why the site admin would want to do that, I think we’re all here for the same reason. To show who Gary truly is and to learn from others.

          Anyway, I look forward to your analysis and comments as always.

          • I haven’t said anything about Gary in a while. Probably distracting talking about gold without mentioning what a dork he is. Old Gare bought back into leveraged miners again today I heard and will be taking his subs on another subterranean gold investment. They will all be underwater given the latest technicals I put together. Pretty sure Yen futures keep falling until its around 88.2 and that will take gold down (much as I hate to say but that’s the chart).

            Did they get out alive on Gary’s last mistimed entry? In a fictional world sure, but in reality not. Most of those subs are probably still holding on in hopes that the mythical gold bounce has arrived. If we do fall to 1235 or lower they are all going to be fucked again as usual.

            Mark that down as Gary’s 14th bottom call. No kidding, he’s in double digits with his misses now. Todays pair of entries will count as his 15th and 16th mistimed bottom calls. What a freak show he runs over there. I was in but got out clean after serious doubts emerged about the sustainability of the move.

            WTF is gold doing making what looks like a smallish double bottom after such a bitter decline? No way in hell am I buying that. If it had any guts and glory gold would have just shot straight the hell back up as expected and we would have a nice “V” shaped bottom on the daily chart.

            But we don’t.

            The fact it didn’t bounce with any vigor is very suspicious so entries should be avoided for a while longer until gold shows its hand. Gary is just day trading fishing for a bottom. You can be sure that when he gets it the guy will be crowing like a horny old Rooster about what a perfect entry he made.

            My nerves. After so many tries the guy is worse than a broken clock. He’s more like a Junkie trying to get a fix at 3:00 am when all the crack dealers are already home in bed and sound asleep. The desperation stinks. Hope this description gets me back in the good books with the site moderator!!!

            LOLOLOL!!!!!

  • You fools are focused on gold when the stock market is printing new highs?

    Fools.

  • Gary so you claim going recklessly into a 3X leveraged TQQQ at 100% all in for a 7% gain?

    What a dickhead move for your subscribers.

    • IT’S A 3x LEVERAGE ETF DUMMY, I COUNT THAT AS 21% GAIN FOR THE PORTFOLIO!!!

      • Laugh my ass off! HAHAHAHAHA~~!!!!!!!!!!

      • Yes master, Yes! These idiots are so poor in maths. And, look at that asshole Vin, She doesn’t understand no nothing whatsoever. It feel so good to be sitting here in the lap. Tell them! Tell them My Lord! Tell these idiots how rich you have become.

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