In today’s letter, analyst Dennis Gartman goes back to gold, noting that the precious metal was looking strong until a seller stepped in yesterday afternoon.
Gartman suggests that GATA will throw their arms up, declaring that some evil secret syndicate was selling off gold to further their needs. But as far as he’s concerned, the general public still loves the stuff, and will keep it going higher.
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See Also:
- Gartman: China Is Definitely Ramping Up Its Gold Holdings To Catch Up With Other Countries
- Gartman: Gold Just Got Taken To The Woodshed, But You Should Still Hold It
- Gartman: Here’s How To Go Long Gold In Another Currency