Dennis Gartman, editor of the handsomely priced Gartman Letter, yesterday advised his clients who had no gold or insufficient gold to use the current weakness to buy gold as insurance against economic chaos.
In fact, he used the language “we would strongly urge that”.
Mr. Gartman is NOT known as a doom and gloomer, this writer finds his statement significant in two ways:
- Gold IS insurance against economic chaos
- Economic chaos has not been ruled out in his mind
If you are of a notion to own gold or any gold related investments, you really owe it to yourself to check out one of the best sources of information on the topic: Big Gold from Casey Research.
You can take a No Risk look at it here.
