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

  • So what positions does savage have open besides his worthless gdx options?

  • Undercut low US stocks or lower?

  • We have a RSI divergence and bollinger top along with a nice looking candlestick on the daily natural gas charts. I’m a bull, but I think it’s pullback time.

  • We need to watch out for a possuble usd/cny rally back to 7-7 05 before metals can really start cooking.

  • The real fucking trade = the other side of whatever the fuck any of you are reading or trading – especially from the internet.

  • What’re you trading GDog?

  • Gary thinks S&P 2800
    Time to go long

    • Gary closed TVIX and went long TQQQ and saying SPX 2800. This is like a mindblowing situation. Means sideways market.

      • Jesus Christ
        Can you imagine being a dedicated subscriber and getting whipsawed in every call by Gary?
        Now I’m worried he’s bullish
        No wonder the market has done a 180 since then.

        • Yes the market hates Gary with a passion. The gold market punished him until he finally quit metal trades.

          Oh but the market will not be happy until those gdx options bought at 1.55 are trading with an ask of 0.

  • I’ve been long the whole time
    Futures up

    There is no way the Trump administration and it’s hidden agends entities will let the market melt here and now with the elections coming up.
    In fact this should be the beginning of a huge XMAS rally IMHO.
    PPT does exist …….

    • PPT exists? You have to be kidding me. And even if they did, are you really foolish enough to believe they are going to get involved in the market when it is 2% off its all time high? Sometimes I understand why you guys fall for Gary.

  • These were peaked drops yesterday: Rut 7%, Nas 5%, Dow 1% and SPX .5%.
    It’s called sector rotation idiot.

  • Attachment Capture

    10,000 CAKES!!!!! 20,000 NOT OUT OF THE QUESTION!!!! EASY MONEY WITH SMT!!!! CAKE FOR EVERYONE!!!

  • i listened to the experts on here and got into debt to buy TSLA hand over fist, phew, been brilliant ride so far, I added NVDA as well, I need more tips guys, can you help pleasssssssseeeeeeeeeeeeeeeeeeeeeeeeeeeeee

  • I think i’ll just have a coffee and wait for the expertise to roll in, coffee, coffee, coffee, teehee

  • Yeah right Margaret.

    • no doubt you caught the move down on the indices dipshit, given to you on here in real time, remember the weekly sell divergence nonny, don’t forget trade wars are easy to win, no need to worry unduly the federal reserve socialists will step in soon enough

      • You think spotting a divergence was a real time call? What a dork. Did you say you were buying or selling and at what price?…..no of course not. Seeing shit means squat.

  • Scaled in 25% today. Streets are bloody as hell.

  • yeeeeeeeeehaaaaaaaaaaaaaaaaaa – best day ever, well done Gary, also called it although a little late but credit where credit is due, mucho respect to the savage, I guess nonnyshite missed it then, gigglegiggle

  • Nice place to nibble on stocks

    • We have Marubozo’s on CAC/DAX/SP/DOW/ESTOXX/NASDAQ – some are perfect others are not before the idiots come on and tell me what a candle is, this is fun isn’t it ladies?

  • October 8th 1:58 a quote from the dork Anonymous – “BAD move – Friday was the low for stocks” or this one is even better October 5th 5:54 pm – “Buy the Nasdaq dip NOW”

    Probably the most incompetent investor on the internet. Thank you for the comedy – Buy the Nasdaq October 5th was EPIC, LOL x No wonder your moniker is Anonymous, crawl back into your hole boy.

    • True but if one was long since Trump election, this is only a blip. I did add the last two other days, nothing today and may add tomorrow.
      I’m an investor for the longer haul and not a daytrader.

    • I’m definitely richer than you are, I can assure of that.

  • Attachment Capture

    Another one learns the hard way.

  • A buy opp across the board IMHO

  • 2018 is the war of the algorithms as depicted in the infamous flash crash of 2015. Logic states stocks can’t go straight up or straight down. I didn’t add today but trader instinct tells me if we have a huge loss in premarket futures, I will buy another tranche in NVDA AND AMD at the open. THE opposite usually happens on Wall Street.

  • It’s a shame an illiquid market can manipulate after hours into premarket with Asian trading hence the influence of panic.

  • Just sold my NAS100-short at +320 % net.
    Thanks, Mr. and Ms. Wall Street !

    Now let the upswing begin, please.

    Any1 watching gold NOT reacting positively ?
    Noone needs it and it’s politically dangerous.

    The bonds are the elephant in the room.

    Good luck to all of us. We’re gonna need it.

    • 🍺🍺💖

    • This whole market will return to the upside, I do
      agree with Mr. Savage here.

      But right NOW, technicals signal “DO NOT ENTER”.

      MACD, SloStochs, RSI all say “yikesssss”, only
      the Oversold approaches “interesting” levels.

      Wait a while for the first (daily) blip to show,
      then go long again. I assume the Russel2000
      and the SOX lead the way then as they were
      the canary in the coal mine in this correction.

      Gentlemen, your opinions, please !

  • Nas futures now green!
    I wanted blood red for a buy in.
    Could be premature from now to the US open.

    • Green ? Dunno about the NASDAQ-future, but the
      NAS100-future here show -0.95% right now.

      I would NOT enter this yet. Even a (smaller) technical
      reaction to the upside will NOT mark the reversal as
      a secnd wave of selling will occur. Some peeps always
      arrive late at “parties”. 😉

      Give it some time (1-2 days) to develop, THEN go
      long again. Patience is a virtue.

      Just my 2 cts.

  • Gold futures climbing steadily since early morning.
    Maybe someone decided to switch assets ?

    Gotta watch if the sledgehammer hits again…

  • Attachment Gold_daily_1yr_11_10_2018

    Gold 1yr daily for your consideration.

  • I enjoy reading the narcissistic behavior of trader(s) on this thread “cherry picking’ their winners and disclosing them after the fact. Its hilarious – almost feels like your sitting at a black jack table in Las Vegas or listening to any talking head on the internet.

  • PPT . . . you idiot.

  • Getting REALLY close to the “magic” 1,214 in gold-futures.
    We’ve broken the EMA50, too. Close today will be telling.
    Prepare to go long; I’d set the knock-out to ca. 1,180
    which should produce a factor of about 85…

  • NVDA hit the rising 252MA – now I wonder who could of predicted that a while back? LOL, i’ll give you a clue it wasn’t anonyshite

    remember, remember the 1190 call of December…..

  • Just bought labu. Any advice?

    • Yes, you are too early. More declines coming.

    • That OHbeewonkeyknowbee, what a cherry picker, short DAX, the US indices, DXY, long coffee and sugar and gold and silver and pointed out buy divergences in gdx/gdxj/nugt and jnug in real time, LMFAO

      Golden advice coming up here children

      Remember trade wars are easy to win, there is always a flight to safety i.e the US dollar – much hilarity that one and monthly and weekly divergences work. Occasionally it is right to take a profit although Gold may have further to run, no idea as I know nothing about the gold market as the charts are so different from all the others LOL

      Sorry almost forget, engulfing candles and MARUBOZUS are significant even the imperfect ones – gigglesmiggle – gave you that one for free yesterday, you did all get that right?

      Yesterday from moi just in case you ladies forgot – you sold right, please tell me you sold the MARUBOZUS, next time I guess eh?

      We have Marubozo’s on CAC/DAX/SP/DOW/ESTOXX/NASDAQ – some are perfect others are not before the idiots come on and tell me what a candle is, this is fun isn’t it ladies?

      • Dear Mr. 1000 different names…

        You seem to have a real need for recognition. Why don’t you post an ACTUAL trade from time to time and you will get some instead of all the bullshit posts about how you “saw” this or that technical and did we ladies take your sage advice. A chart would be helpful too to bring our attention to your genius.

        You know, instead of all the circular bullshit you dish up every other day.

        • Gave you loads of trades, you’re too thick to take then, not my fault

          • You never gave any trades at all. You just blathered about seeing divergences and quoted technical aspects without naming a single buy or indicating any time frame. You are like a hallucinogenic psychiatric patient who went off his Haldol the way you talk. And then afterwards you want back slaps and high-fives like you pulled off the trade of the century.

            What fucking trades?

            Jesus Murphy you are a freaky blogger.

  • No one talking about gold today? Blast off. No position.

    • I have a position. Doing OK. Looking for gold to hit high1239’s with an outside chance it does not peak until around 1245. Got to admit I did not see this coming though. I was really in a negative funk with my gold trades so the position wasn’t that big. More of a flier…..just a tire kicking bet. There’s more juice in this now that we have such a nice impulse move so adding is in line.

      • A JNUG close above 8.85 is a pretty bullish signal for that security as it will have exceeded three prior peaks. We may have turned the corner although the gut instincts honed by months of abuse this metal has dished the bulls will be saying to get the hell out before Friday is over since gold is more often a heartbreaker than a love maker anymore.

        I’m buying

  • I’m in spxl.44.83.

    • Yes, nice day. That’s a breakout. We exceeded every peak going back to August. Technicals warn there will be a pullback soon but its one that should be bought. Watch your fibs once it peaks to get a handle on where the bounce will come in. Unless the chart does something stupid like retrace todays move back to its bottom we should finally be good to go.

  • Attachment GDX

    Avi killed it . . he just posted this chart in his room of how we were getting set up to go from bottoming target to rally target. He really nailed it.

    • I can’t read that chart. The text is far too small for my eyes. What is it? What’s the timeline?

      • On good set ups, Avi gives you blue boxes. He was looking for a bottom at the lower blue box, and then a rally to the upper box. Really simple. And, damn, he nailed it.

      • Avi posted 2 articles, looks like same charts on both articles, today, Thursday, goldseek. I think the one above is GDX. Do not grieve but be of good cheer.

  • Blue box of what? Doughnuts?

    What is the chart? Oil, Facebook, NVIDEA???

  • Nikkei/SP/Dow/NDX all about to or hitting the rising 252MA (yearly trading days – slightly different for the Nikkei) Doesn’t matter how low price goes below or how long price stays under the rising long-term average as soon as it pops above it again the bull market is back on, lots of fun to be had when that happens. Even some of the clueless charmers knocking around this site should be able to put that up on a daily chart. Have fun ladies, see you in December for the 1190 Gold call cash in, probably more like mid November.

    • Is that a trade psycho? If its a trade then what is the entry price? No more banging on pots for you. No more chest puffing. What you wrote may or may not come true and it does not even matter. It is just more blather about the 252 as a general indicator to keep an eye on….

      But it sure as fuck ain’t no trade.

      • Fuck off arsehole – look back, loads of trades in real time, you really don’t have a clue. I’ll say it slowly, if price closes above the rising 252ma that is a buy, simple enough for you, it hasn’t happened yet numbnuts. I gave you 1190 dec call on gold in real time for 1 example but there are plenty of others. Do you need to be spoon fed, is that why you paid Gary, what a joke. Do some work, it isn’t difficult at all. TA and chart reading are so easy it’s frightening.

        Bit of advice for you, when you get a trade right you are lucky, when you get it wrong it’s your fault, that’s what I live by. I take no-one’s advice and do my own charting, you should do the same. Sweet dreams honey x

        • Sorry for interfering. Looks like I missed something. What is the trade? “when you get a trade right you are lucky, when you get it wrong it’s your fault”??? Is that a trade? I guess this is all philosophical much above my head.

          • It’s some joker who thinks he is a hotshot trader and always makes his calls after it happened. Let me give you an example of his method.

            First he will say something along the lines of “hey ladies…s tochastics say Tesla is overbought!” And then a week later he will come here and mock everyone for not being short Tesla while also claiming to have cleaned up on an easy trade.

            “Sorry?” you say…”what trade” and then the guy goes squirrly and weird like a sensitive girl because we don’t recognize his genius.

            It is so stupid it has “Gary follower” written all over it.

    • Can you explain the “1190 Gold call cash in”? What are your projections for Gold from here?

  • Pegasus, you are right. labu was a bit early. In fact I bought some more. What is your advice now?

  • autonomously yours, what’s your projection on Gold?

    • MOM! Stop harassing My Master.

    • My projection on gold is that it will go both up and down but not necessarily in that order and maybe not tomorrow or the day after. I also agree with Gary that USD low will occur in 2024, already given my prediction before his as usual on here a while back that i think it will hit c.60 at that time. You may want to be holding some of the shiny stuff if you are a yankee doodle dandy as inflation will be crushing your gonads at that time, over and out.

      Dip buyers around the rising 252MA in the indices, who’d have thunk it eh? Have a nice weekend ladies

  • Added two additional positions in NVDA and AMD today @ the open.
    Timeframe 2022.

    • The DIP buyers are here. We are just complacent enough to believe everything will be OK one more time. Dip buying always works…..

      Or does it????

  • The trick is not to sell into the exact top nor buy the exact bottom.
    The reward is to be in the right proximity of either.

    • The market should do what it does best and by today’s close leave everyone unsure of what Monday will bring. So when a few million trained seals do what they are trained to do its inevitable the day comes that markets squash them like bugs. I’m betting on further declines in indices just because nobody expects it.

      • Doubt it.
        The majority media talking heads are focusing on the demise of the S&P chart with future doom and gloom.
        You got it all wrong.

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