iBankCoin

Dennis Gartman Says Gold is Bad, Then Good, Then Bad Again

WTF is this shit?

Dennis took to the airwaves today of offer his expertise on gold. He told us it basically sucked, really, really bad, over every time frame for 5 years. He furthered that it should continue to get hammered into clown dust because the dollar was in the 4th inning of a 9 inning ballgame (what the fuck does that even mean? Is there like 50 mins left in the game?).

Then he mixed it up a bit and straight mind fucked all watchers of the teevee by suggesting gold had been a great buy in euro terms or even better in yen. Does this motherfucker know he’s on U.S. tele?

He concluded that everyone should own a little gold, in all portfolios, effectively defecating on all of his previous comments regarding gold.

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7 comments

  1. tradingnymph

    Fly, You are giving Dennis too much credit. He is a nice guy, sat with him at Traders Expo one time, but he just reacts to the action…that is about it. Oh those CPI China numbers, ouch. Not much demand after all the big money players are fleeing the country as fast as they can. Arresting and Killing Market Players is not really a good way to keep Money in the country China, fwiw.

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    • probucks

      FUCK . THAT . SHIT!

      That mofo is on t.v. every fucking day bankrupting thousands of grandpa’s and grandma’s 401k accounts. This isn’t kindergarten where you have to ‘play nice’ with everyone! He’s got a fuckin’ public responcibity to do some due diligence on whatever the hell he’s giving “advice” on…

      I say –

      Off with his head using a golden sword purchased with a wheelbarrow of Yen!

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      • tradingnymph

        lol probucks, Well I think using Brazil Real would be a much better pick then Yen. So many on TV really just shoot from the hip based on years of being in the market. Others are just talking their book or trying to sell a story so they can get out of a position. IMHO taking advice from the talking heads is not a good idea at all.

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  2. juice

    Gartman is gold !

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  3. blahblahblah

    He must be long JAZZ

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  4. J Adabese (your pen pal)
    J Adabese (your pen pal)

    You want a good laugh? Demo that fucker’s newsletter. The guy is a total joke.

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  5. stockslueth

    Just go to the source, Goldfinger!

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