| One of the most consistent correlations in investing — the dollar goes up, commodities go down — is no longer a given, and that has commodities trader Dennis Gartman concerned. "What we're seeing is a lesser respect for the U.S. dollar, and a greater use of other currencies to buy commodities," the widely followed editor of the Gartman Letter told CNBC's "Fast Money" traders on Monday.
The correlation, Gartman points out, comes from the fact that most commodities are priced in dollars. When the dollar strengthens, commodities are driven down because more of that commodity can be purchased for the same dollar...............................................Full Article: Source
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