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 11,653

  • Attachment Screenshot_20180301-200511

    If nasdaq 10k doesn’t happen by July then it will happen in the next 10 – 15 years.

    Again, he’s got all his bases covered.

  • SMT will take your money, feed you bullsjhit with fancy charts and made up terms, leave you broke and look for next victims

  • Attachment 105918044_small_1494059794

    Gary my Chippendales

  • Gary used to use “the insane monetary policy” as the reason that gold was going into the “bubble phase”. Now, he’s switched it to the stock market. Same bag of tricks to fool the subs.

  • OH MY ANUS!!! I’m getting stretched like GOATSE.

  • Attachment Capture

    .

  • Here’s some more of Gary’s fuzzy math.
    Gary
    Post author
    March 2, 2018 at 7:06 am
    It’s hardly been all downhill if one recognized that the sector was moving into a basing pattern. Even though I missed the top in 2016 and gave back way too much of our baby bull gains we’ve taken the metal portfolio from +50% to +212% in just a little over a year.
    Granted I did get a bit lucky on some of our exits but cycles have been working pretty good at spotting ICL bottoms. So even though the market has been stuck in the mud our portfolio’s haven’t.
    And all the poor saps that bailed at the bottom in 2016 missed a great run.
    Like I always say: Human nature never changes. If you want to make serious money in the market then you have to do something seriously different than 90% of the rest of investors.

  • MARKET WRAP 10,000 IS STILL GOING TO BE A PIECE OF CAKE

  • Savage you’re wrong way too much! Where are the portfolios from prior years?? Trashed because you lost every year. You’re a criminal!

    • Right now we just have people trying to find something to freak out about. No different than metal investors back in Dec. 2016.
      At the time everyone was negative. Now a year later for the few that could see more than just what was happening at that moment the reward has been gigantic.
      The ones that gave up missed out on a truly amazing run in the SMT metal portfolio.

      • Get real, Gary!! You bought JNUG at 92!! JNUG is 13, right now!

        You suck! And you were so preoccupied with the gold “bull market” (not!), that you missed the first five years of the stock bull. So, FUCK OFF and die!

      • What’s truly amazing is your propensity to lie!

  • Attachment loser

    Gary, you’re the worst of the worst.

  • Not sure why the SEC doesn’t require ALL financial advisors and paid market timer alike like they do with mutual fund performance records documented for the whole world to see.
    IF this was the case SMT wouldn’t be around IMHO.

  • I’m going to strongly suggest traders not get twitchy with positions right now. We are in the best part of a new
    intermediate cycle.

  • Attachment Chippendales-Burritos-768x455

    Gary Savage is a 58-year-old retired entrepreneur living in Las Vegas. He has been investing in stocks and commodities for 15+ years. He is a self-made ” multi-millionaire ” and attributes his financial success to savvy investments made in owning/selling several businesses, real estate, and, more recently, the stock market. He is also a national Judo, power lifting, and Olympic weightlifting champion, and world record holder. Gary holds national titles in 3 different sports and continues to challenge himself as an avid rock climber, and recently his newest endeavor bowling (two perfect 300 games so far).

  • FWIW:
    I guess to be fair since 2015 to 2016 SMT has made me more money all and all but that JNUG debacle erased many of that.
    It if weren’t for that Gary would’ve been king in my book.
    He has for the record made me more than enough to pay for my house outright and then some.

  • Bluebear,
    I guess you weren’t around for the first five years of the stock bull market when Gary was a mega-bear, looking for the market to go back to the 666 lows of 2009.

    During that same period and beyond, Dumbass Gary was was adamant the gold was about to enter the “bubble phase”! That’s why his cheap ass site has a gold/silver bullion background.

    Gary does not deserve any compliments because he’s destroyed portfolios and lives. He’ll get his payback…

  • Right now the single most promising sector based on the long term charts is in the semi conductor sector when the breakout occurs and since that will also effect the entire tech sector the Nasdaq by association will also rally strongly when the semi’s breakout.
    This is why I keep repeating 10,000 is going to be a piece of cake.

  • TOTALLY agree Gary with the semis ((her charts look solid):
    I own SOXL, NVDA, MCHP, STM and TSM for the record some as far back as 2016 (thank God)…….

    • BlueBear87,
      Take your ass kissing over to SMT. Overall, Gary is a disaster and a con artist despite getting a few things right. That’s how all the worthless analysts stay in business — they get a few things right and that attracts naive subs.

      • ZERO “a$$ kicking” from me.
        Look through my countless posts here ……. majority are negative HOWEVER I will give credit where credit is due.
        Besides I’m banned from both SMT AND the free blog 🐵

        • Banned? what did you do?

          • Spoke my mind on the JNUG debacle which led Gary to abandon his cyber portfolios therefore creating instability overall with all of us then subscribers which then led one by one with Gary’s frustration expelling in an unprecedented turn of events many including myself then later being banned in the free blog for again speaking out in the public forum!

  • Exactly!! THIS ⤵️

    Don’t be fooled by charlatans
    March 3, 2018 at 9:25 pm
    Bluebear,
    I guess you weren’t around for the first five years of the stock bull market when Gary was a mega-bear, looking for the market to go back to the 666 lows of 2009.
    During that same period and beyond, Dumbass Gary was was adamant the gold was about to enter the “bubble phase”! That’s why his cheap ass site has a gold/silver bullion background.
    Gary does not deserve any compliments because he’s destroyed portfolios and lives. He’ll get his payback…

  • GARYTOBYWHOISIT
    February 8, 2014 / 12:32 pm
    The problem with Gary is he religiously follows cycles analysis which is not objective. Its entirely subjective. His nonsense about daily cycles and intermediate cycles is totally unrelated to the market and what is actually happening. Seriously, this is akin to a tarot or palm reader or someone rubbing a crystal ball.

    Wash…rinse…repeat.

  • A disturbing pattern with Gary is he starts new threads by posting several comments of his own, and like today they conflict? His first comment today promotes a long term bull market (since his parabolic meme vanished). A couple of comments later, he’s back to the 10,000 piece of cake stick? So which is it? He gives lip service to manipulation when it serves him, but long term his comments show he ignores geopolitics for the most part? Look how that worked out last week….stocks we’re turning up until Trump started a trade war tweet storm. How will,”coppock curves” help subs if Europe, Canada or the BRICS retaliate Gary?

  • It’s an outright cry to see many of those on the free blog let alone in the SMT infatuated with metals and miners.
    It could eat you alive ……. been there last half of 2016 and it wasn’t fun.
    Move on my friends to greener pastures and break that spell

  • ’m betting by the end of 2018 we will see a much bigger rally than last years 30%.
    The transition began two years ago in the leading semi conductors. I’m betting this will continue and accelerate this year.
    The Nasdaq by association will also rally strongly when the semi’s breakout.
    This is why I keep repeating 10,000 is going to be a piece of cake.

    • The semi’s rallied for over a year before you finally picked up on it.

      • I’ve been long honestly BJ from
        Jan 2016 off and on then full on from the 3rd quarter of 2016 honestly.
        With my studies on that very subject should be strong through 2022 IMHO.
        Trumponomics PLUS industrial revolution is prominent.
        Gary as you stated was clueless on the semis in 2016 and took an opposite stance then.
        Bull semiconductor market started in the summer of 2016, it is still in its infancy.
        Look at INTC for an example and you will see the future projection.

        • BlueBear87
          That’s why you don’t need Gary, nor should you be complimenting him. The only time he gets things right is when he agrees with YOU. So, what good is that? Gary is useless and he beats the same drum, even when he’s wrong.

          You saw him miss the Trump Rally from Nov ’16 to Mar ’17. Then, a few months later he said the Nasdaq was going back down to test the 2015 highs! BTW, Gary said that the stock market “bubble phase” was supposed to start in 2015 — it crashed, instead!

          After many years, Gary has finally attached himself to the stock market bull. No matter where he bought, the trade would have been a winner. He did that with gold (in 2009-2011) and everyone thought he was so great. But they found out that the “Emperor had no clothes” when he dragged everyone through the gold bear market. He was horrendously wrong!! Missing the stock market bull in the meantime.

  • Yes you are 100% correct.
    Gary IMHO shouldn’t be a professional money market timer, he should be like the rest of us personal money managers at best.
    This is why I am advocating a requirement to publicly display proven documented annual rate of returns from year one to the present.
    The SEC should mandate this to all professional money managers, market timers and financial advisors alike.
    This is where Gary would not get NEW subscribers coming in and it would perhaps end in a failed business.

  • Attachment metals

    Miners topped in Feb 2017. Haven’t seen those levels yet and it’s been over a year.

    Gary lies about his metals portfolio performance. He was 100% invested in JNUG/NUGT/USLV when JNUG was at 92 (currently it’s at 13). He lost, big time!

  • We here all know the real truth
    The new and ignorant do not
    SEC needs to regulate all these loop
    holes to protect the naive and innocent

  • OH NO NOT ANOTHER ASS RAPE IN MARKETS I CAN’T TAKE THIS I AM LIKE GOATSE NOW

  • Attachment 10000 6-8

    According to Gary, the Nasdaq should already be at 10000.

    • He’s like all those crazy end-of-the-world people, if the date doesn’t work out just push it out further.

  • Again props to Gary on calling the low Friday

    • Bluebear, get a room (in Vegas). I’ll pay for it. I’ll see if you’ve got what it takes to make it as a Chippendale!

  • Attachment bear ass

    Gary’s gonna love your moves, BlueBear!

  • Idiot Gary calls for the market to go up every day! Naz to 10,000 is a piece of cake. 20,000 isn’t out of the question.

    Of course, you can say he was right on the days it goes up. Geez!!

    • ’ve tried to warn traders before that when the fall into an ICL starts it rarely stops until at least producing a second leg down.
      It’s debatable whether we even have the B wave bounce yet, but once we do then be patient and wait for the C wave down before starting to buy.

  • Attachment untitled

    Go for it Bluebear

  • I’m my own manager, I don’t follow Gary.
    I was just seeing eye to eye on Friday.
    I absolutely love MY moves today in my portfolio UP. 🐵

  • Attachment fried

    🙂

  • Futures UP
    AND we’re off …….

  • Looks like Chart of the Day and Vids are thing of the past. Probably get much more than we want on public blog just for publicity. I mean who needs a daily chart/vid?? We don’t want to read/listen, just give us the money 😉

  • I remember well where Gary did a topic on DUST and I executed off of that idea and it made me some serious money. At that point it gave me belief in his system so I felt obligated to join soon thereafter.
    His free blog is quite genius if you really think about it.
    He did hit a few home runs on SMT and at the same time he had a bunch of duds (LABU, XLE and of course who could forget JNUG/NUGT/USLV) that was the beginning of his then demise.

  • I’m going to go ahead and add the other 50%.
    50% position in DUST
    An unleveraged position would be 50% short GDX.

  • “Never short a bull market”

  • Attachment 9-gold

    ~2014~

  • After hours: markets are down 1.5% and gold is up! It’s still early, too! Ha!Ha!

    Gary’s getting hammered!

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