Friday, December 16, 2011

Media & Gartman Attacks on Gold are Bullish.

This summer, when we got up to $1,900, gold was overcooked and sentiment was bullish.  All of the front page stories were about the reasons to own gold.  The usual suspects were bulling it like (Dennis) Gartman, to give one example.  Now Gartman is calling it a bear market in gold and that is a good contrarian indicator.  This is the time when you want to put some money to work, particularly in the metals.read more

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