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It appears the gold rocket launch is underway, which of course means that gold permabears will soon go into hiding. Was it really only 10 days ago that weak hands were panicking; Dennis Gartman…..
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Dennis Gartman was on CNBC yesterday explaining with his unique brand of arrogant stupidity that the trend in gold has changed (to down). Contrary to DG’s ignorance, I’ve been telling colleagues that the current period of time is strikingly similar to the period from July/Aug 2005 to May 2006, when gold staged a 35% move … Continue reading
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Gartman: I don’t get the sense that the public is terribly involved. CNBC anchor: Wait you don’t think the public is involved in the gold trade Dennis? Gartman: No, not much at all actually CNBC anchor: But the holdings for GLD are at record highs Gartman: I understand but you look at who holds the … Continue reading
