A relatively new guy on the PM
analysts scene, Bo Polny
was, to my knowledge, first mentioned by Jim Sinclair (Yes, Mr.
Gold of the "Gold will never go below $1500" - fame) as
his chartist. He used that notoriety to open a website (2020 Gold
Forecast), establish a following and charge exorbitantly for a
newsletter - which I believe is now has a less-detailed, more
reasonable price structure option. He is characterized as
passionate, animated, can speak technical-analysis double-speak
using chartist-lingo and numerology, is occasionally religious (Shemitah)
and has made ambitious, dated, calls - some of which we will include
that have not been resolutely judged correct or not. He's been
around less than 3-years but has some wildly poor predications.
May 7, 2013 - Bo Polny: Silver
Extremely Vulnerable to a Break of $22 Bottom - in this Polny
stated that silver's final bottom of $22 was 'in' but vulnerable
[?!?] kind of riding the fence (it was $14.93 last I looked April
4th, 2016 - almost 3 years later - so, yeah - $22 was indeed
May 31, 2013 - Bo Polny: Gold Has Bottomed at $1321, to Rise into
June 5th Turn Date - the following month after he
stated this it went to $1190.
June 18, 2014 - Bo Polny: Gold- Up in June, Down into Summer & a
Moon Shot to $2000 before Year END! - Gold closed that year
at around $1205.
June 27, 2014 - Bo Polny: Gold Cycle Top June 27, Next a Summer
Low Buy-Of-A-Lifetime Before $2000 Gold in 2014! - Actually,
Gold never went above $1400 in 2014 and finished the year at $1205.
July 15, 2014 - A Final Summer Low Still Ahead as Gold’s
Sabbatical Rest Comes to an End & Gold Heads to $10,000+! - a
continuation of his more exaggerative predictions...
August 11, 2014 - BO POLNY: A 3-Year Gold ‘BEAR’ Market Ends & a
7-Year Gold ‘BULL’ Market Begins - no, Bo...
September 9, 2014 - BO POLNY: $2000 Gold, Next Stop! 7-Year Gold
Cycle Targets $5,000 & $333 Silver - absurd but it tends to
peak the interests of the gold and silverbugs who immediately start
mentally converting their stacks into mega-dollars imagining their
new wealth and what it can buy them... silly really.
October 9, 2014 - BO POLNY: Triple Bottom a Prelude to Runaway
Gold & Silver Bull Markets - not surprisingly, nothing
happened except a minor spike in the beginning of 2016 - over a year
after he said it. More PM version of 'Hopium'... which is how most
of these charlatans extend their livelihood.
December 22, 2014 - BO POLNY: 2015, The Year of Devastation -
it wasn't... it was another year of Bo Polny's incorrect
predictions. I think he later claimed he was a year early because of
some numerology faux-pas - what-ever.
January 12, 2015 - BO POLNY: Gold and Silver, a Parabolic Rise in
2015 - 'Parabolic' refers to something in the shape of a
Parabola ('U') - analysts love this term as a fancy way of saying
things will turn-around from lows back to highs. I'm sure you are
aware - it didn't transpire in his 2015 time-frame.
January 20, 2015 - Bo Polny – Are Precious Metals Getting Ready
To Go Parabolic? - there's that 'parabolic' word again. In
retrospect, Bo - I can answer: "Ummm... No - not ready yet".
March 27, 2015 - Bo Polny: BREATHTAKING Crash in USD Before
Summer? - if 'crash' involves a lack of confidence - then the
crash was in Bo Polny's credibility.
May 18, 2015 - Bo Polny – It’s All Down from Here, Except Gold
and Silver - Bo was calling for a major sell-off on the
dollar and treasuries.... and being complimentary - he is, at best,
June 4, 2015 - Bo Polny – Silver Short Squeeze Imminent! -
'imminent' is one of those less-fluid words that indicates immediacy
- in fact Bo said in this article "In June 2015 the shorts
will run to cover as Gold and Silver spike!" - Ohh Bo...sigh
June 14, 2015 - Majestic Gold & Silver Breakout, June 2015- Bo
Polny - "Majestic"; possessing majesty; of lofty dignity or
imposing aspect; stately; grand; not a word associated with Bo
‘June 18, 2015 - Three Digit Silver In 2016!’ – Bo Polny
- of course, the year is not over but it seems less and less
likely as each day goes by... the term 'Three Digit" gets the
Silverites brains congratulating themselves that they can mentally
calculate that it means a minimum of $100. Bravo! Actually, at this
point, the general consensus was that Bo was full of it...
August 4, 2015 - Bo Polny: $9000+ Gold & $1000 Silver if $1072
Holds! - $1072 held - Bo's prediction didn't.
August 13, 2015 - Bo Polny – Fasten Your Seat-Belt, Gold’s Next
Cycle Targets $8000 – $10,000 - it must have been a
slow-subscriber week for Bo... he did the equivalent of putting
caffeine in the water cooler. "We love you Bo! tell us more about
our millionaire status future!"
August 24, 2015 - Shemitah 2015, the Year of Jubilee and 3-Digit
Silver…Putting it All Together! - 3-Digits again! Your Eagle
coins are going to make you rich, guys and gals!
August 26, 2015 - $2000 Gold & $50 Silver this year! | Bo Polny
- Bo goes out on a limb... of desperation. I think the tactic
backfired as he was proven VERY wrong in only a few months... tsk,
tsk. Silver never even got to 1/2 his called prediction.
September 23, 2015 - Bo Polny: September 23, 2015 – THE SHIFT
BEGINS! out of 'Bo following'
October 27, 2015 - All Hell Could Break Loose in Gold/Silver
Prices, $100+ Silver 2016 - the best predictor of future
behavior is past behavior and Mr. Polny has had too many of these
January 17, 2016 - What Follows Will Be The BREAKOUT OF THE
CENTURY FOR SILVER! - Bo Polny - okay, Bo... we will wait and
see but your call is documented. But I think even the most hardcore
Silverbug has lost faith in you...
February 16, 2016 - Gold to DOUBLE in 2016 – Bo Polny or
Bo's credibility takes its final plunge, agreed?
March 1, 2016 - Polny Sticks His Neck Out: “Gold to Double,
Silver to TRIPLE in 2016!” - only triple for Silver?
Bo's really toned down from those triple-digit days - perhaps Bo
doesn't realize Silver is only $14+ change right now.