Post Profile

Gartman On The Gold Carnage: "We Have Wounds To Lick And Heal"

It was to be expected: one day after Gartman's "fair warning" that he is planning to buy gold in yen terms, gold suffered its biggest plunge since 2013. So, inevitably, in his latest letter the "commodity guru" has unleashed a stream of platitudes regarding yesterday's precious metal carnage: SPOT GOLD: What a Disaster!: Gold is still up sharply for the year?to?date, but after yesterday’s debacle it certainly doesn’t feel that way! This trend line’s been broken and bounces are to be used to lighten up.
read more


Related Posts

Hot Off The Press, Here Is Gartman's Nikkei "Target" In "Violently Plunging Yen" Terms

Business & Finance : Zero Hedge

You asked for it, and here it is: Dennis Gartman's take on the Great Nikkei "price target" THE YEN HAS VIOLENTLY PLUNGED… VERY VIOLENTLY... and the Nikkei has soared, and they should given the “double barrel” announcements from the ...

GARTMAN: The Gold Bug Thesis Is Officially In Tatters (GLD)

Business & Finance : Business Insider: Money Game

Gold plunged over 3 percent yesterday after the release of FOMC minutes, which revealed that several members of the Fed wanted to end QE3 by the end of 2013. Now, Dennis Gartman, publisher of The Gartman Letter, writes that gold bug...

Two Days After He "Turned Bearish On Equities", Dennis Gartman Is Again "Net Long"

Business & Finance : Zero Hedge

When on Monday, Dennis Gartman was commenting on the latest downtick in markets, he warned that "We Find Ourselves Turning A Good Deal More Bearish On US Equities", to which we had just one comment" "to those planning on shorting th...

One Week Later And Dennis Gartman Is Now Buying Gold

Business & Finance : Business Insider: Clusterstock

Dennis Gartman is now adding to his gold position, just not in dollar terms. Gartman is buying gold priced in euros, pounds, and yen, according to Bloomberg. Last week, Gartman said he was selling gold over concerns it would fall "s...

As Gold Crashes, Gartman Has A Theory What Is Behind It

Business & Finance : Zero Hedge

As noted yesterday morning, when commenting on the biggest gold slam in 3 years, Dennis Gartman said that he has "wounds to lick and heal" adding "what can one say other than “We truly didn’t see that coming!” The light at the end o...


Copyright © 2016 Regator, LLC