3X Funds......Gary's weapon of choice for raping newbies

Gary keeps harping on how well certain 3X Funds have done.

First, while that might be true, the results do not immediately extrapolate to another asset class such as Gold shares where volatility is whole degree higher.

Second, timing 3X purchases is very important. Just see what would have happened if you listened to Gary's unambiguous, clear as semen after 10 minutes, call to buy Gold in 2011. How much would you be down?

Baby Bull: How one man spotted 60 of the last zero bull markets: Part 8

Parts 1-7 can be read in the archives.

Gary relentlessly makes wild calls which have no bearing in reality.

 $500 Silver.

 $1,000 NUGT.

$10,000 Gold.

“I did not have a sexual relationship with that Chippendale’s stripper.”

And yet eventually a few dodos find their way to his subscription. Previously Gary hid in the shadows and nobody had documented his “work”. Now, in spite of large evidence to the contrary (this and SMT-exposed sites, both visible with simple Google searches), why do people subscribe? I have two theories here.

1)    The average IQ is 100 and the people subscribing are really, really dumb….we are talking sub 85 here.

2)    People actually believe they are smart enough to separate out  his very few “good” calls ( and I am going to say those are less than 5%) from his repeated bad “calls”.

Whatever the case may be, I think the evidence on his stupidity should have reached a critical mass, but it has not. That bothers me.  So here is another post documenting some of his more recent really stupid calls.

Gary called for another 500% to 1,000% rally on JNUG to suck in another round of subscribers in the beginning of 2017. If you fell for it, the only 500 you made out with was the donation you gave Gary's "Just see if I give a fuck" foundation.

JNUG actually rallied less than 15% from that point. and now is down 50% from point of his call.

Note that absolute prices are different due to yet another split impacting the 3X funds.

Let's look at another. Gary calling for a decline in the EURO and a bottom in the USD.

These are particularly instructive as Gary has been calling for the USD to crash for the better part of, AND I SHIT YOU NOT,.....A DECADE.

So the moment Gary actually gets a slight decline in the $USD, Gary starts calling for a bottom. This was wrong and the EURO rallied another 400 pips above that level with the $USD declining another 3.5%. 

These simple calls illustrate Gary's modus operandi. 

1) Keep calling for something.

2) Be wrong for months to years.

3) Claim victory as soon as the market finally turns.

4) "Book" minuscule gains and try to lure new subscribers in by giving the appearance of being cautious.

 "Look at me, I took small gains, so when I call for $70 trillion price of Silver I am not just breathing asscrack air all the time...am I?"

Welcome to Garyland: Where millionaires beg for subscribers

Today somebody else picked up the mantle of taking on Mr. Savage.

Gary responded in true coward fashion using misdirection ("oh Duck’s record is worse"), lies ("I actually am up 154%") and ridiculous bullshit ("I got tired of handicapping myself").

Firstly big thanks to Samhell who has since been evicted based on an email I received.

Second, my record has been spectacularly better. Including, trades recorded on the private blog, Gary’s blog and this one in real time, I have made money on 34 of the last 34 Precious Metal trades. Gary mentioned the oil trade. Sure, let’s talk about that. I made a Gold: Oil ratio prediction here.  Gary kept insisting Gold will go up and cost his subs a lot of money. Gary purposely changed the timing of that call to December which was another bunch of lies. But even then, here is why I make tons more money than Gary.

1)    I have documented my trades in real time with screenshots multiple times. I trade real capital.
      Here is just one of many examples.
      

   Gary has never provided this. There are 2 reasons for this. One, he is not a millionaire. No fucking millionaire goes begging for subscriptions. He is afraid if he shows that he bought 40 shares of GDX, it might show how tiny his balls actually are. Second, he does not actually trade the same as he asks his subs most of the time, because at some level he does realize how pathetic his trading is. 

2)    I understand 3X ETFS with volatile underlying assets are highly subject to decay. See these 3 posts.

https://goldbugspray.blogspot.com/2017/01/decay-and-dance-with-devil.html

https://goldbugspray.blogspot.com/2017/01/gary-probably-failed-grade-6multiple.html

https://goldbugspray.blogspot.com/2017/01/oh-garywhy.html

Gary just does not get that. He keeps making his stupid JNUG $1,000 (which is now $4,000 adjusted for the split) claims. Never realizing that GDXJ will outperform JNUG even if his stupid claims come true.   

3)    I do not make any claims. I do not sell subscriptions. So I do not have to reset “my portfolio”.  So there is no pressure. Gary on the other hand is the worst of the worst.

Gary has no clue how to trade and he will get the occasional call right but ultimately he will blow it all. 

In his darkest moment he actually admits his complete cluelessness.

I have documented his stupidity from the beginning and 99% of my material is from his site. His calls. Taken properly in context. See posts below. I have nothing to gain from this. This is a public service work designed to save your nest egg. Hopefully you will listen. 

Baby Bull Series

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2

3

4

5 

6

The real returns of Gary Savage

It is truly a wonder that in this age of search engines, people are still, still subscribing that to that idiot.

Or maybe it is because he lacks them (subscribers) that he makes desperate comments like these.

He is referencing his “Leveraged Metals portfolio.” We have seen that numerous times over the past few years he has “reset” this portfolio because once you get to -80% you are never gonna really come back. But I decided to calculate what the real returns would be if he just included one set of trades which I have documented before. His infamous JNUG/NUGT trade in July 2016.

A full blowjob by blowjob account can be found in my finest work here.

Briefly recapping, 

Gary bought, JNUG and NUGT and repeatedly told his subs NOT TO SELL and then terminated the model portfolio ON A HOLIDAY.

Yet that is the exact time he restarted his portfolio which he claims is up 154% today!

Wow a clean slate.

Below is his spreadsheet. He has no open trades so this is all past information. I am not disclosing his "trade secrets", although If I were to guess his trade secrets they probably would read something like

a) Come up with 15 trading rules.

b) Ignore them at every chance you get.

c) Criticize all my subs for doing the same.

d) Blame every failed trade on the bankers.

Note he started with a round number of $150,000. So Gary is implying...based on his final number that all his trades before that had a nice exact plus 50% return. 

He started initially with $100,000, at December 27 it was $150,000 and now it is $254,353 for a 154% return. Please click on image for larger view. I could not upload as a spreadsheet as it looked terrible. 

So I added one more thing at the bottom. We have ample evidence that he bought NUGT and JNUG in July and closed them in late December. I used some basic math to figure

1)    how much his starting portfolio had to be to land with $150,000 after those trades

2)    His ACTUAL (NOT HIS FUCK FANTASY) returns to date.

I shit you not….his starting portfolio would have to be

$666,666.

If you ever needed a divine sign not to listen to this moron please use this.

Sidebar: I recently watched “The Omen” and it was fucking awesome!!!!!!!

And his actual returns          NEGATIVE 61.85%

Two year running total? You just left out your biggest disaster and your spreadsheet starts 4 months back you fuckwad!! 

Gary such level of deception should get you in Jail. I am not kidding bro. Deletion of such facts and awful repeated lying and misrepresentation is not covered under your “Gary Savage LLC is not responsible” bullshit clauses. 

Baby Bull: How one man spotted 60 of the last zero bull markets: Part 6

 Parts 1-5 can be read through the archives.

ERX edition:

Gary’s love affair with 3X has extended pretty much across the entire genre. Like an aging porn princess that tries more and more creative stunts to stay in business, Gary pulled out all the stops (pun intended) to make money in the “Energy Portfolio”.

I mean where else can you get a service that helps you lose money in every fucking asset class? 

So after a few trades, that ended in a net loss (Gary alludes to this himself in the first line), Gary tried his luck again in ERX the 3X leveraged energy fund in 2015.

Adding that he was going to be pissed....

Fuck even before he could complete that thought....

Less than 1 hour later!

Those damn bankers!!!!!!!!!!!!

Working overtime to cause Gary to lose money. I mean seriously, if all these multimillionaires who run the world, don't spend every waking minute spoiling Gary's trades, how will they ever get satisfaction?

But Gary was going to be back. He got back in a slightly higher price ($35.22 after being stopped at $32.85)

He was not going to be stopped out now. 

Sidebar: "Nothing's gonna stop us out now." A lesser known Starship Song.

Just in time for a nice smooth 60% decline.

But on Jan 6th with ERX around $20, down about 40% from Gary;s buy point....

Gary Majestically added

"It's too early to buy ERX". The irony was not lost on one subscriber. 

But Gary was strong. Gary took the opportunity of a 50% drawdown to reiterate that he only sells at intermediate tops. 

Gary hung around on this till a whole 9 months later when..he finally took a loss. 

To his credit it was a smaller loss than we would have expected. But still his "Energy portfolio was down 30% assuming Gary knew any math. 

But a lot can change in 30 days  as 30 days is a long time in Garyland....

In the next 30 days, 

Gary Debated.

Gary Bought.

Gary Sold.

Gary promised to never trade it again.

Which brings us full circle to his current trade, where Gary took the opportunity to remind us common folks, what we were missing out by NOT having a subscription.

Yep real time trades....Worth every penny Gary.

Heads ...Gary wins $400.....Tails... he loses nothing.

So after jacking fees for his pile of cow dung from $200 to $500, Gary is offering $100 “off” this price.

Ha, wonders never cease.

So what is happening is

"You did not enjoy that awesome 85% loss on JNUG which I closed out on the weekend? No? Ok, how about I make it better for you by jacking up the price by 150%. How does that sound? And just for good fun I will throw in the Quest portfolio which ALSO goes to zero over the next 3 months. How does that sound? We cool?
Great! "

A few weeks later
"I have since then got everything wrong (including the math on how portfolio returns should be calculated), so let me lower the price by $100. How does THAT sound?"

Gary’s offer is designed for the ignorant among you, who are not aware of his awesome track record.

Please read the 7 posts below and if you still feel like subscribing then I cannot help you.

http://goldbugspray.blogspot.com/2017/02/baby-bull-how-one-man-spotted-60-of.html

http://goldbugspray.blogspot.com/2017/02/baby-bull-how-one-man-spotted-60-of_9.html

http://goldbugspray.blogspot.com/2017/02/baby-bull-how-one-man-spotted-60-of_15.html

http://goldbugspray.blogspot.com/2017/02/baby-bull-how-one-man-spotted-60-of_20.html

http://goldbugspray.blogspot.com/2017/03/baby-bull-how-one-man-spotted-60-of.html

http://goldbugspray.blogspot.com/2017/01/still-falling-for-you-r-bullshit-gary.html

http://goldbugspray.blogspot.com/2017/01/oh-garywhy.html

Update:

I have been in communication with Gary and coaxed him to improve his offer.

I suggested he keep the price $400 for a one year membership.

However, 

If it loses money, he pays you $400 back and an additional $400 of his own money. Since he is a millionaire and I am thinking less than 1 in Billion are stupid enough to fall for this gimmick at this point with SMT-exposed and me running at full steam, at most he will be out $2,800.

After lot of talk, some ass grabbing, a hasty handjob, a little uncomfortable silence and 4 minutes of guilt, we agreed to allow subscribers to benefit.

To qualify for this, enter any of the codes below when you subscribe

“Blow-Me”

“Titanium Balls”

“Chippendales”

If the code don't fit, just lube the sides and try again...gently.

Gold Bugs are idiots because they listen to people like Egon von Greyerz

High up on the dumbasses that people cite when they explain how the system is going to collapse, is this numbnut.

Egon von Greyerz.

Here is the screenshot from King World News latest interview.

 Sounds Legit. But we have been teetering for some time. 

Ok about a couple of years.

Ok seriously? We have been on the edge for so long? That must take some serious balance. 

 This is some slow motion train wreck.

Same guy above, though you cannot see his name. So this is a long incubation period????

You have got to be shitting me.

GARY!!!!!!!!!!!!!!!!!! I found your long lost twin!!!!!!!!!!!

He is in in Switzerland!!!!!!!!!!