Dennis Gartman of The Gartman Letter, a $500/month financial newsletter, has a short gold position on at about $810 with a stop in the low $830’s (which came close to taking him out).
Recently, however, upon attending a gold conference Mr. Gartman noted extreme despondency among the participants.
Knowing that the extreme optimism last Spring was a [...]

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Hitler Gets a Margin Call
For anyone who knows a few names or a couple of stocks in the gold and silver resource world, this is so funny you will definitely laugh until you cry; then again, some may just cry as the empathize with Der Fuhrer!
I won’t be a spoiler, but the final line resonates [...]

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Conveniently announced after market close on a Friday, frankly I’m surprised they didn’t do it last Friday with a 3 day weekend to help mute the response, the U.S. Government is going to take over Fannie Mae and Freddie Mac in a bailout that will cost taxpayers tens of billions of dollars and effectively wipe [...]

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I listened over the weekend to an interview of Dennis Gartman from last week. Dennis has some odd calls on gold of late, but the man is very smart, gets up very early every morning and is able to charge an awful lot for his investment newsletter.
Dennis was saying that he thinks banks, if using [...]

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I was catching up on some interviews Al Korelin did the other day, and he was asking Dennis Gartman about the recent trip President Bush made to Saudi Arabia. Dennis had a number of things to say on the trip and none of them were good.
First off, Bush makes the U.S. look weak when going, [...]

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Dennis Gartman, everyone’s favorite gold analyst, said yesterday (even before the carnage) that he expects the gold price not to recover much any time soon due to what he expects will be central bank selling. He thinks the banks will sell the allotted gold under the Washington Agreement and that will keep a lid on [...]

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