goldnews.bullionvault.com / August 16, 2013
Everyone’s so bearish on gold prices, could they fall any further…?
The “ULTIMATE LOW” in gold prices was three weeks ago, writes Brett Eversole at Steve Sjuggerud’s True Wealth service.
That’s what Dennis Gartman told CNBC’s Squawk Box last month.
Gartman knows commodity trading. He’s written The Gartman Letter, every day, for 26 years. It’s a must-read around the DailyWealth office.
Today, Gartman is buying gold. He plans to keep buying. And I think he’s right. Let me explain…
Gartman is bullish for a simple reason…one that longtime DailyWealth readers will understand.
The investing community hates gold right now.
“I
bought it for the simple reason that every media outlet, every
newspaper article, everything that you listen to was overtly,
manifestly, ridiculously bearish,” Gartman explained.
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