Well it didn’t take long for Dennis Gartman to throw in the towel on his “2 units” of gold that he recently went long with.
Dennis just doesn’t see any value in gold for the time being, all anyone wants is U.S. Dollars. And from what I can see, Uncle Hussein (or wait, not yet) is [...]

Continue reading " Dennis Gartman Sells Gold Positions, Hangs Onto Gold Coins "

I just read Stratfor’s 4th quarter projection courtesy of John Mauldin’s newsletter.
These people are very sharp and have a respected track record.
When it comes to geo-political stuff all I can do is read it; I certainly can’t take issue with their analysis other than to say that the Israeli contact I just met with personally [...]

Continue reading " Stratfor Sees Short U.S. Recession "

Dennis Gartman, who has been stating that for gold bulls what has been tough continues to get tougher, apparently feels that the commodity bull market has come to an end.
Is he right? Only time will tell, but just because a lot of people were on one side of a bet at one time and came [...]

Continue reading " Gartman Calls an End to the Commodity Bull Market "

It seems Dennis Gartman has gone long gold again yesterday. Last time it didn’t last long, he was stopped out almost immediately.
I only write about Dennis because so many people seem so interested in what he does. Now, granted Dennis is a trader and I’m not. I do understand buying strength and selling weakness. [...]

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Jim Roger was talking to Brunette Betty on Bloomberg about oil, financial stocks, commodities and even Ben Bernanke.
It’s always fun to listen to Jim, who now resides in Singapore, just matter of factly describe the stupidity of other analysts in an indirect, gentlemanly way.
Here are some bottom lines:

This bull market in oil has a long [...]

Continue reading " More Jim Rogers, What he’s doing now "