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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Gartman on gold: Bullish, not a bug

Posted on 15 October 2012

Buying Gold is clearly sensible, given how it is moving up on concern about inflation and a weakening Dollar amid easy-money central bank policies. But don’t get carried away by the bullish dreams of gold bugs, said macro trader Dennis Gartman at IndexUniverse’s Inside Commodities conference.
Taking issue with prevalent views that the Federal Reserve is dangerously expanding its monetary base with its quantitative easing (QE) programs, the editor of The Gartman Letter told attendees that the Fed’s monetary base is coming down………………………………………..Full Article: Source


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