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Gartman: ‘Agnostic’ on gold, except in yen terms; US energy boom to continue, Japanese quantitative easing is boon for commodities

Posted on 24 September 2013

Influential investor Dennis Gartman is “agnostic” on gold, given recent market volatility, according to remarks at a New York commodities conference on Monday. Contrary to what gold bugs claim, gold is simply not a safe haven of value, said Gartman, because prices have fluctuated 2 to 3 percent within a single trading day, as has happened often in the past year.
Despite a longtime bearish view on gold, Gartman said he remains bullish on the precious metal but only in Japanese yen terms…………………………………..Full Article: Source


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