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Oil Slides Below $50 After Gartman Turns Bullish

Having declared back in January that "we won't see crude above $44 again in my lifetime"... ... only to watch crude surge above $44 and far higher just three months later - while mysteriously staying alive - "commodity guru" Dennis Gartman failed to learn his lesson, and appearing on CNBC one month ago he again made one of his bombastic forecasts, saying "investors shouldn't expect the commodity to break through $55 for a few years.
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