Dennis Gartman got up with the roosters this morning to remind people how right he’s been on gold, in yen and euro terms (no one actually does that). He thinks the yellow metal might parlay into a dalliance with sellers–driving the price lower by a few dozen points or so–at which point he’d likely step back into the fray and ride it back up.
In addition, he believes the market is ‘more than required’ to go higher in the immediate term, in all forms of currency, even wampum.
Oh, he also had a few comments about oil, which I found to be of the gibberish varietal.
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Fartman
It’s 2016, the year in which Gartman strikes back. Has this dude been wrong yet this year? Twilight zone.