I will not be responsible for any material that is found on this site or at the end of links that I may post on this blog site. Mistakes may happen from time to time. URLS and domains may change hands. If you need financial advice or someone to hold your hand while you make the trade, please find another site.

Because the information on this blog are based on my personal opinion and gosh I am so fucking opinionated, it should NOT be considered professional financial investment advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional, preferably both and in that order. My thoughts and opinions will also change from time to time as I learn and accumulate more knowledge,or my meds wear out, or my post coital euphoria passes.

Feel free to comment on my ideas or ask questions in the comments section for the blog entries. Please remember that this is a blog, and you do not need to agree with everything or anything I write (except I am very needy when it comes to my looks...so you have to say nice things). I reserve the right to delete any comment for any reason (abusive, profane, rude, etc.) so please keep the comments polite, unless you are criticising Gold Bugs...in which case go wild....doggie style.

This site is also dedicated to preventing small traders from having their accounts go supernova by listening to Gary Savage. To read more about him, please browse through the posts and also see http://smartmoneytrackerpremium-exposed.com/

Friday, December 2, 2016

What is going to happen on this site

1) The original mission to educate gold bugs is still on going.

2) I will publish my daily trades, if I feel like it.

3) The site will become restricted and require password access at some point.


  1. Sold a couple hundred shares of AG - First Majestic this morning.
    Have traded it a few times this year.
    I know, one of these times I'm going to miss a 10-bagger because of trading.
    But booking profit is such a delicious hobby!

  2. If you really are genuinely interested in building this website, you should post a daily market commentary.

    I think you have valuable insights. It is always good to hear a well reasoned contrarian view in order to prevent groupthink. Debate is always good.


    1. Not really feasible with my other commitments. I am considering trading for a living full time...should that happen I might extend what I do here.

  3. If this "blogspot" proves to be unsatisfactory, here is a suggestion; start a Facebook page.
    In some ways I really hate Facebook, but there is one huge bonus to using it; posters can be blocked and never ever have to see each other again.

    I've seen a few sites destroyed because two or three egos don't have the ability to ignore each other, and just keep bashing away day after day.
    For example - kereport is much more pleasant now that Bird is gone. He's very knowledgeable and often a pleasure to read, but he just can't stop with the little digs that get other posters riled.

    1. Good suggestion. I will consider it.
      Let's see how it goes.

  4. I see other posters here seem to know you and perceive a certain wisdom. Do you have another blog I can reference?
    Erudite and accurate analysis are not something I normally associate with market blogs. In fact based on my over 30yrs of participation, I find intelligence is not necessarily equatable to market success. An understanding of sociology/psychology and statistical analysis might be your best scientific tools.
    For my money the equity markets are more akin to a Ponzi scheme than a think tank.
    I stated some educated guesses in the comments of the previous post and will add;
    General market: Short term consolidation/correction followed by new highs another short consolidation/correction in feb '17 followed by more new highs.
    Precious metals: A little trickier, but a short to medium term relief rally followed by new recent lows and eventually a more sustainable bull. Using gold as a Proxy, I'm looking at resistance first at 1200 then 1250-75, 1300, 1350-4000. Much less likely but always possible the 1550-75 area.
    Happy trading.

  5. BTW. My last comment on Smartmoney was "I am outtie. I will not post here any more. Gary Savage/Toby Connor can have his site." I believe that was deleted and I probably am blocked, although I will never find out as I will never check.