written by reader Anyone dealt with Nick Guarino ?

By comet, August 22, 2014

This guy is a character, a prolific newsletter write that bashes Wall Street in entertaining manner. He is alleged to have made millions trading commodities, but I am not convinced and he apparently has ripped off subscribers to a $5000 investment advice service, although he keeps popping up. He has a web site up now, nickguarnio.com, copyrighted for 2014 but he doesn’t have much new material on it

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annabel
Member
annabel
August 23, 2014 7:24 am

trying to learn which advisers are good…which are frauds,,,what do you think of bob barman and his group that pushes doing business in panama and uruguay …

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Thommy Berlin
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Thommy Berlin
June 9, 2015 12:51 pm
Reply to  annabel

well, well, well. Ol’ Nick here is a conservative tool, a con artist, and a professional hustler…. but I repeat myself.

tmooii
Member
tmooii
May 24, 2016 8:25 pm

Well Nick’s at it again with “the greatest trade you will ever make” stating “turn as little as $500 into $1.05 million”. It focuses on a special type of 30-year bond and negative interest rates falling to -22%. Does that make any sense to anyone?

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Steve
Guest
Steve
June 13, 2016 11:18 am
Reply to  tmooii

So what investment is he referring to zero coupon bonds?

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munsonia
Irregular
munsonia
June 16, 2016 12:12 am

Nick is a promoter but I don’t think he’s a con artist. I have gotten his promotional letter for nearly ten years. I followed WSU once upon a time and even paid for a year of his WSI…long ago. He’s never taken me off his newsletter and I read them faithfully. I can’t say I’ve made much money off of his advice but I’ve paid a lot of attention to it and have to say that I’ve learned an awful lot about Fed activity. Long before the market place was talking about quantitative easing, Nick was. Long before the market place was talking about oil tanking, Nick was. Long before the market place was talking about negative interest rates, Nick was.

The problem with Nick is trying to match his projection of economic events with market timing. To this, I wonder if he isn’t getting a little better about it. His analysis of oil has been pretty much spot on. He saw it coming while many of the oil pundits were calling for higher and higher prices. Nick said it was going to 25/barrel when it was around 100. He said it will eventually go to ten. What many once said was preposterous doesn’t sound so preposterous any more.

He’s an unmitigated bear and I hate his message. When the market was in a nosedive in January he warned of Armageddon. To his credit, in early February he recognized the rally and called off Apocalypse. But he didn’t cancel it…only postponed what he terms the inevitable.

Nick isn’t a quack. He has very keen insight. I’m just not sure how he translates that to making me money. So, I read his letters and only act with my own research and when my own timing says to act. It’s working for me. But, I never ignore his marketing insight. I was hoping that Stock Gumshoe knew what bond Nick is touting. Maybe he can’t do that. Too bad. I’d be interested.

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instrumentalan
Member
instrumentalan
August 27, 2016 5:18 pm

I too am quite interested in Nick’s latest bond trade. It seems a shame to have to pay the $5K subscription fee to find out and then to not have the timing come through. He does say 18 months is his model this time though.

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Tactical111
Member
Tactical111
September 29, 2016 3:02 am
Reply to  instrumentalan

I guess nobody here knows Nick’s “secret bond trade”. His site now has a lot of free articles with his commentary. IMO he sees the failings of the Global Financial Casino and current events like QE, NIRP, Derivative/Asset balances, etc. prove he’s on the right track.

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Uncle Albert
Member
Uncle Albert
October 1, 2016 8:56 am

Count me in the club of Gummies who want to know what Nick Guarino is touting with his secret zero coupon bond that will rise exponentially with negative interest rates of 22%…quite awhile ago, I was able to suss out without subscribing two trades he was touting ERY and FAZ which are both down now 66.5% and 34.5%, respectively from when I bought toe-dipping positions…one is a bet on lower oil prices and one is a bet on lower stock prices…am still holding both positions so they are unrealized losses…not sure what Travis and the Thinkolator would need from us to suss out this “secret zero coupon bond” trade but I am sure curious…onward thru fog…any thoughts from Gummies or Travis would be severely appreciated

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