Why Is Anti-Goldbug Dennis Gartman Getting into Gold?

The Gold Report: Dennis, in late July, you told CNBC that you’re a “buyer of gold” after being what amounted to the grand marshal for the gold bear parade. Why did you change sides? . . . → Read More: Why Is Anti-Goldbug Dennis Gartman Getting into Gold? Similar posts: Eight Companies Swiss Money Manager Joachim Berlenbach Gives High Grades The Gold Report: Goldman Sachs recently downgraded its 2013 gold... Eric Sprott: Central Bankers Are Gaming Gold The Gold Report: The price of gold has dipped under... Ian Gordon: Economic Winter Could Thaw Gold Equities The Gold Report: Ian, you believe that 2013 is likely...

The Gold Report: Dennis, in late July, you told CNBC that you’re a “buyer of gold” after being what amounted to the grand marshal for the gold bear parade. Why did you change sides?

Dennis Gartman: Simply because the gold bear parade had gotten a bit overcrowded. It was actually quite astonishing to me. Everybody was overtly and manifestly bearish of gold. If I’ve learned anything in 40 years, it’s that when things get terribly one-sided, it’s probably time to go to the other side. Gold had reached some technical levels that I found interesting, but more important, it had reached a level of … [visit site to read more]

Similar posts:
  1. Eight Companies Swiss Money Manager Joachim Berlenbach Gives High Grades The Gold Report: Goldman Sachs recently downgraded its 2013 gold...
  2. Eric Sprott: Central Bankers Are Gaming Gold The Gold Report: The price of gold has dipped under...
  3. Ian Gordon: Economic Winter Could Thaw Gold Equities The Gold Report: Ian, you believe that 2013 is likely...
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