Gartman: Breaking $50 Crude Will Be Nearly Impossible

CNBC falsely advertised this segment, declaring that The Commodity King saw $60 as a possibility in the not-so-distant future. Yeah, it’s a possibility like the Jim Cramer winning an Emmy for his Madness of Money show.

What the Commodity King, D. Gartman, really said was there’s no fucking way in red hell crude is going to break $50. Reason being? Any ‘good fracker’ is making tonnes of fucking money at $50 WTI. He didn’t actually mention who these ‘good frackers’ were, however, as all of the pesky facts sought out in quarterly earnings paint an entirely different picture.

Who are these, so called, ‘good frackers’?

At any rate, Gartman speaks, the global crude oil consortium of peddlers and harem purveyors listens.