iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,426 Blog Posts

Dennis Gartman Says Lift in Crude a ‘Dead Cat Bounce’; Oil Will Eventually Be ‘Worthless’

The Commodity King, Dennis Gartman, is doubling down on his anti-oil rhetoric, repeating the fairy tale that oil is heading to zero. I don’t know why the CNBC let’s him get away with it.

How does it feel to know that all of your oil stocks will eventually be worth $00.00?

Both crude and drillers moved higher by 1% today, obviously a dead cat bounce.

Sell now while you still have the chance, lads.

NOTE: What the fuck is up with Gartman’s hands in that triangle formation?

If you enjoy the content at iBankCoin, please follow us on Twitter

6 comments

  1. mensch

    I bought CLR.

    Thanks Dennis.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
    • The Maven

      Long and strong! New agreement with S. Korea today for LNG.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. it is showtime

    Citadel

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. soupbone

    A desperate man, too much of an idiot to try hide his injury, carries on.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. sarcrilege

    Why the CNBC let’s Gartman get away with it, you ask? Courtney Gartman
    Senior Line Producer, CNBC’s “Fast Money”, daughter of Dennis, that’s how.
    https://tinyurl.com/ya3eboo9

    • 2
    • 0
    • 0 Deem this to be "Fake News"