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 13,506

  • Is someone is still following gold:
    Watch out, the current upswing could be a fake breakout.

    If we do NOT CROSS the 1,214-level (futures) but instead
    fall back again, this is NOT IT YET. This puppy needs a rise
    ABOVE 1,214 and is then supposed to move onwards up
    to the 1,235 level.

    Just my opinion, so trade wisely.
    Good luck !

  • By the way, GARY said he’ll no longer issue metals trades, just post his shitty mistimed views and let people make their own decisions.

  • He said what?…..no way. What service is he selling…..TQQQ bets?….is that it?

    Retard!!!!

    • He sells bullshit and blames Cottingley Fairies for failures.

      • Isn’t Brave Tommy from the previous page the same guy who borrowed big against his house to follow Gary’s insane trading calls? Can’t recall exactly but he took a few hundred thousand pounds and put it all on GDX calls? Holy fuck man. And he obviously never came to this site to read what a slash job BraveGary was doing with his gold portfolio.

        And stop the presses!!!!

        I read in another post above that Gary won’t do gold calls anymore. WOW!!! Well that’s as good as a guilty admission on his preposterous claims to be up hundreds of percent in the past 18 months. He might just as well admit he fudged the numbers all along.

        If he was really such a great success then why stop now?

        Maybe because Brave Tommy is on the verge of suicide now that his house has been lost because he has been paying good money to tune in and hear Gambler-Gary and his savage forecasting on the metals sector as his account goes tits up in a puff of smoke and Tommy’s wife is about to be a renter.

        Poor lass. And she had a baby coming. What a screw fest. Well that’s one way to clear your conscious I suppose. Gary not issuing gold calls means he won’t have to bear the burden of anymore suicidal Tommy’s who are heading into bankruptcy.

        So old Gare can sleep at night. Good call. I think the world has about had enough of that rotten fraud.

        • That’s what he said. Bravetommy is not going to be able to recoup interest costs.

          • To be fair, some of the blame for the losses has to fall on BraveTommy. There was such a preponderance of damning evidence against Gary that was written on this site that even a total novice investor should have had his sonar flashing big warning signs to alert him to avoid the torpedoes. Tommy no doubt came here as many of the other subscribers did but chose to ignore the facts. Now he’s screwed. Who do you blame?

  • Does Gary Savage really think traders are trading against HIS CALLS? I mean who the fuck does he think he is. EGOMANIAC

    • Yes, Gary actually thinks the bankers are taking the other side of the bet when he makes a call. He said so. That was why he started trading in the thin hours and after market in hopes he could avoid the sharks. He must have 20 subscribers or less by now. But that wank actually thinks the market is gunning for his retard bets.

      Too funny for words.

      • He is such a delusional fuck – who actually thinks that and says that? The metals market may not be as big as some other markets but it’s not as ‘thin’ as he claims it to be that when he makes a call and trade, ppl are out to get him . Besides, a lot of his loser sheep subs trade pretty small. I don’t think it’s worth running their stops. Bankers and traders have way better things to do than eata teeny bit of plankton in an ocean.

  • why still no one sued this spidey motherfucker ?

  • There will ALWAYS be dumb naive and ignorant newcomers, I WAS one of them …….

  • Is it true he went in on DUST a couple days ago?

  • Hang it up old geezer Gary and go hiking full time and leave the young ball bags alone.

  • Now Gary thinks the dcl might be in for gold. Caution advised.

  • I want to buy gold. Can anyone tell us what is Master’s thinking on gold today? If is scared I will buy otherwise I will wait.

  • Folks, tell me what I’m doing right now!

  • Guys I have one number in my mind:
    65.000$.
    Do you know why?

  • You should have used a comma smart one instead of putting in period which indicated 3 decimal places after your number 65
    There is quite a big difference between 65,000 and 65.000

    • YES! 65,000. Sorry.

      • No problem,

        Gary doesn’t have that many subscribers anymore btw. But he did in the old days (pre 2011) when gold was still in a bull market. Problem was he never adapted or changed his style to make money in a bear market. He could have made a killing on the way down but he always admitted he wasn’t able to trade the short side.

  • Idiot didn’t DUST

  • Early 2016 Gary was on fire then he had mis steps on LABU and ERX then they mounted into mid year then the unthinkable JNUG $92 top disaster and on top of shorting Trump’s nomination of US stocks.
    He has never recovered and kept trying to call the bottom in gold into end of year all 2017 and 2018.
    There is no way his performance is what he claims it is.

  • Where do you sit on gold right now Peg? I’m back on the sidelines, after taking a small gain on JNUG. I don’t know if we’ll see a lower low, but I don’t think 1180’s are out of the question.

    • I am going to say “get the hell out” of any gold trades if you are in any and wait a little longer. Bollingers bands have narrowed pretty tight on gold and are just starting to open up once more. In the past we have seen a plunge in gold prices each time that happened and my gut is telling me this will be no different since we could be ready to see technical reversals start playing out within days.

      Same as before. This is no time to buck the prevailing trend which remains down. We are only consolidating here on price, not preparing for blast off into space. I am still checking but may be setting up short bets once more. Tomorrow could tell the tale…..(beware of next Monday in other words).

  • So… correct me if I’m wrong… but Gary’s one article (pertaining to Gold’s bull market) is using Elliot waves to support his case… I remember distinctly that he said that Elliot waves DO NOT WORK. ….question mark?

    • Gary would do well if he listened and followed Avi and his EW analysis.

    • That pretty much sums up how inconsistent he is. Remember his cup and handle post? Or the time he said buy and just wait for stochastic to become oversold? Or how about when he said to buy when RSI 5 was low and how even that was misfired because it stayed low. He is all over the map.

      And now he gave up. Gold will probably soar.

  • Gold-price is behaving very tricky once again today.

    Somehow I get the impression that the steady clinging to
    around the 1,200-mark is going to end soon.

    Today’s (long anticipated by me) drop in stocks might just
    correlate with a sharp rise in gold to follow up.

    Get ready to fire a first long-shot but be sure to
    work with tight SLs to avoid substantial losses !

    • I hate it when I am holding a trade too long and price clings to a level. Seems like it almost always ends badly. I have a bullish position on miners and its in the black but not by much anymore and a reversal will cost me. The pattern on gold and miners looks bullish but its too obvious. Inverse head and shoulders type of thing.

      I’m thinking of bailing out today while I still have time. I can buy later if it breaks out for real.

      • Hi Peg,
        “bailing out” ? Don’t you use SLs in your trade ? I prefer to have a
        setup of a maximum possible loss to cope with to having to watch
        a position all the time. Maybe I simply misunderstood you ?

        Anyway, gold-futures are below 1,200 (again) right now. Still on
        the sidelines because this situation sure is too wobbly for me to
        make money. Watch for that 1,214-level – rinse and repeat. 😉

        • Sometimes no SL’s but that’s not the worry. My trade is in the black. I have real doubts recently that we will see a break higher in spite of what looks like positive looking inverse H&S pattern on miners ETF’s. So selling and buying back later is OK

  • what a bunch of tools

  • Attachment CRB_14yr_021018

    CRB according to Clive Maund on oct 2, 2018.

    • Are you really posting Maund? Not sure who has been worse, him or Gary.

      • I don’t know about his record but what he writes makes sense to me.
        Would you mind giving me arguments against his ideas ? I always
        read from and listen to as MANY opinions as possible to keep an open
        mind and compare it to my own ideas.

  • I just listened to his latest video, and the guy still talks out of his ass. He said oil caused inflation. What a moron. Oil rally can be a result of inflation, but it is not a cause. It is like saying a sneeze caused your cold. What a putz. He is so clueless. Not to mention his cycle stuff sucks and is so unreliable. He makes fun of other analysis – which happens to be much more accurate than anything he does – and his analysis is the worst of them all. I really cant even call it analysis. It is just guessing based upon bullshit.

    • Clive is a gold propagandist. I wouldn’t even call him a bull because he’s in that other category where the belief in gold is more like religion. He always has a way to spin that gold is on its way up no matter what is happening in the real world. Anything to keep his subscribers glued to his site. Don’t waste your time. He will lead you astray.

  • Hello shitheads, did NFP surprise you? It was the weather man, everything is wonderful, the US is booming I tell you, booming LOL. Mind you at least trade wars are easy to win, thank goodness for that.

  • I’ve subscribed to Maund in the past in 2016 and his timing was awful on almost all his forecasts.
    Gary’s latest blog again too is a joke.
    His confidence in timing the stock market spiel is full of bullshit.
    Avoid both.

    • Sorry for the losses you made with him.
      I certainly do not pay for his (or anyone else’s) services. I follow my
      own path which sometimes is right and sometimes is wrong. I just
      read his article above which sounded down to earth to me. I share
      his idea of another bounce within the commodity sector (not only
      gold/silver) before there will be a (maybe final?) abyss opening up
      followed by “the big upswing” – that’s why I made a note of him/it.

      ’nuff said, enjoy the weekend every1 !

  • stocks are puking.rates rising.dollar teettering.metals firm.

  • Buy the Nasdaq dip NOW

  • RSI oversold signal gave it away.

  • Gary Savage is being sued for canceling active subscribers accounts because they call him out on his losing trades and BS portfolios😂😂

    • James….how do you know that? Are you suing Gary? Can you link the case if its public or the site comments….

    • He did the exact thing to me without refunding me my money granted it was only a month’s worth but it was morally and unethically wrong hence the reason I’m here with a beef on him.

  • “traders who can think logically and control their emotions” – have to worry about the Fed buying at all time highs and worry about the election. This is a Savage perspective. “Think logically and worry.”

    This is the stupidest shit I have ever heard. The Fed is not buying 1-2% off all time highs and he didn’t learn from that elections are meaningless after his Trump “shit sandwich” that he told everyone was coming after the Trump election. He is so clueless and has no idea how the market works.

  • No-one going to praise Gary for his correct call on the indices dropping? although it was pretty obvious I must say, nevertheless would be churlish to ignore it – well done Gary. Thank goodness I took the advice of someone on here and sold everything I owned and took out a high interest loan and loaded up the credit card to invest in TSLA – what could possibly go wrong LOL. Mind you the advice was free so I won’t be taking legal action, just have to start again I guess…I hear bitcoin is cheap at the moment – gigglesmiggle

  • I think all markets will go up and down but maybe not tomorrow

  • My view on Gold – it is shiny and beautiful
    My view on Silver – it is less shiny and quite ugly
    My view on USD/EURO/GBP/YEN/CNY – all toilet paper but impractical to use in all but the most dire circumstances
    My view on Gary – no better or worse that all paid GURUS
    My view on people who work in the financial industry in general – lower than pond scum
    My view on trolling websites – bit sad really and the personal attacks on Gary pretty pathetic, the homophobic abuse on here is idiotic. Legitimate concerns about his trades are valid and should be highlighted but credit should also be given when he gets it right as well, only fair

  • Is he really being sued though or is that just a wet fantasy of James?

    • oh yeah it’s true man, I heard he is being sued for 1 months subs $50, well worth it cause a lawyer is only 300/an hour, estimated hours 100 so won’t cost much to get 50 back…couldn’t make it up

  • Funny guy. But listen up….if BraveTommy really lost a house based on Gary’s idiotic advice he might sue for compensation and costs. All depends on the relationship and what was said online and in private emails. Nobody is suing for subscription refunds. That’s idiotic. Real damages could run into hundreds of thousands if you had a good lawyer.

  • Reading recommendation – Bleak House

  • Let’s face it Wall Street is crooked, has been and will always be. The banks manipulate asset classes. I heard Goldman Sachs has made only 4 bad trades in the last few years according to sources.
    Follow the smart money folks.

  • For the record Gary called a top in US stocks on 9/29 with Nasdaq @ 8,046.35
    ttps://blog.smartmoneytrackerpremium.com/2018/09/still-cautious-on-stocks.html
    Nasdaq Friday is 7,788.45

  • I heard on his subscription blog that he will be sued for misleading investors in to huge losses.
    Anyway follow his portfolios trade and you will find yourself in the streets! He only got lucky with Gold a few years back after losing everyone’s money before and now he is losing big in the metals trade too and decided to close the metals portfolio.
    No longer has and energy portfolio as he also lost everything there.
    The guy is a clown! And should be in jail soon enough!

  • I personally find Garys work this morning credible,easy to follow and full of quality analysis both technical and fundamental.I am becoming a true believer and will invest according to his trading plans.Before I do Gary will you buy me dinner and drinks before you fuck me.Your old friend Hannibal.tah tah.OMG

  • “Nice” day so far in the gold-futures. I hope all stayed on
    the sideline or went short (as I did in US-stocks).
    Take care.

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