Dennis Gartman of the infamous Gartman Letter (one of the most expensive investment newsletters out there) has gone long gold again, not that long after saying he was staying away for a while. Mr. Gartman’s trading in gold reminds me of the action of a ping pong ball. I’m not sure he ever makes any [...]

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I read this morning that Dennis Gartman’s trading of gold resembles the hip hopping of a bunny in the back yard; in and out of gold, and not necessarily at a profit. The Gartman Letter is now selling gold near the $891 level. “The uptrend that extends back into the lows of last November and [...]

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This is a “golden” time of year according to history. The price of gold typically is moving up this time of year through April or so, before (typically) getting slammed again in the summer. Recently, gold bulls have been encouraged by the strength in gold in spite of the strength in the U.S. Dollar, indicating [...]

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Dennis Gartman spent a few minutes on Al Korelin’s radio show talking about gold and it’s future price. Dennis Gartman disagrees with the typical guest on Al’s show. Dennis is comfortable being short of gold and feels the near term price is down. In fact, continuing to be at odds with other guests of the [...]

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Gold has now been over $800 for a few days, but Dennis Gartman isn’t buying this rally – he’s selling it. Dennis went short the other day at $808 with a 3% stop (about $833, I think). Mr. Gartman sees the current gold price strength as nothing more than a bear market rally. In contrast, [...]

Continue reading " Dennis Gartman Does Not Believe In Gold Rally "

Dennis Gartman’s calls on gold haven’t exactly been prophetic of recent, but nonetheless everyone wants to know what he thinks on the precious metals. According to Gartman, the gold market is telling us that deflation has ravaged base metals, the soft commodities and grains. This is telling us, says Dennis, that depression is possible (possible? [...]

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Dennis Gartman went long a unit of gold again. Unfortunately some pundits don’t expect it to work out for Dennis and his followers based on the last year or so of trades. To be fair, I don’t know anyone who has accurately called much of anything with regard to the short term movement in the [...]

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Dennis Gartman writes that he is scared. Scared that we have passed the tipping point. He especially outlines the cross between certain currencies such as the Euro/Yen, the movements of which are the most radical he has ever seen and then some. Dennis might not always get the direction of gold right, but he has [...]

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Dennis Gartman has quite a reputation, and everyone wants to know what he’s saying. Of course, only those ponying up $500 per month get his missive at 5am to read it for themselves, but one has to wonder how he’s doing of late. With gold banging around the $760 mark, Dennis was pooh-poohing the yellow [...]

Continue reading " Dennis Gartman Long Gold at $900 – Where Was He at $760? "

I can’t predict gold prices from here, but I was informed that Dennis Gartman held on to gold after his last purchase preceded a short slump in the gold price by only a very short period of time. Apparently, Dennis acknowledged that he was at least bending, if not breaking, some of his own rules [...]

Continue reading " Dennis Gartman Making Money On Gold – Finally "