Sat, Feb 28, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Investment more

Despite reputation, gold is no safe haven: Gartman

Posted on 24 September 2013

Buy gold if you like, but don’t think it’s part of building a safety net in your portfolio. That’s the message from Dennis Gartman, the widely followed Gartman Letter author and hedge fund manager, who said Monday that the widely popular yellow metal is also generally misunderstood even by the people who swear by it.
“It’s the dumbest commodity in the history of man,” Gartman said during the IndexUniverse Inside Commodities Conference in New York. “It’s a currency, not a commodity. If it is understood as a currency, it is easier to understand what gold is.”………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 39433 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
February 2015
S M T W T F S
« Jan    
1234567
891011121314
15161718192021
22232425262728