See, the term structure made him do it. The self-proclaimed ‘King of Commodities’, Dennis Gartman, has announced this morning that he has no choice but to become ‘constructive’ and boolish on crude oil, in light of the fantastic ‘term structure’ and contango mumbo-jumbo that presently exists in the market. Moreover, Nigerian rebels, dubbed ‘The Avengers’, are blowing the fuck out of pipelines, something the King likens to be of the bullish varietal of news, in terms of supply v demand dynamics in the crude oil markets.
Note: Up until last week, D. Gartman was super bearish, growling like a mad-man, about oil, suggesting it might be worth nothing at all in a decade or so. About two month’s ago, he said we’d never see crude trade to $44 in his lifetime.
Indeud.
NOTE II: Check out the shit Dennis does with his hands, forming the Illuminati pyramid. It’s like he’s a super-demonic being offering up bad advice on purpose to an unsuspecting plebian public.
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I wouldn’t be surprised if his dress and mannerisms were the exact same way when eh was 10. You know that kid.
LOL! I was just thinking that… Especially with that candy cane tie and fucked up shirt collar
That tie and collar remind me of a bean counter I used to work with. He always looked just like that, as if he slept in yesterday’s suit.
Dartman! I hope he’s not trading with real dollars. He’s a wonder.
It’s a shame that such a small percentage of the population gets to enjoy your writing.
Spread the word. Go door to door and demand that people read me.
“The Avengers” lol you can’t make this up. What a fraud this gentleman is!
“Well yes, they call themselves The Avengers and are a quite concerning group indeed. They are actually a splinter group off the battle-tested Victory Squad, which as we all know did some groundbreaking work in the areas of rebel attire [loincloths and black sequined denim vests] and desalinization processes. Finding suitable drinking water whilst engaged in proxy battles across the African Deserts is probably the foremost problem facing groups like The Victory Squad. So, suffice it to say The Avengers are no joke. Crude to $61.50.”
I’m confused. I thought it was best to turn bullish before a 30% run, not after. Other than that, I’m terrified at the thought that Dennis “Dennis” Gartman and Michelle “Caboosa” Cabrero might have offspring.
Love the grumpy bear screen shot. What a joke Gartman is.
It’s almost like he is TRYING to lose all credibility, but isn’t allowed to admit that (extra Monty Brewster)