03.11.2016 - OPEC is a cheating cartel: Dennis Gartman
When it comes to the word of OPEC, Dennis Gartman is urging investors to question everything coming out of the cartel. "If I've learned anything in 40 years, it's that OPEC cheats. Every one of the members cheat. They cheat on themselves. They cheat on each other. It is extraordinary. To think otherwise is naive," the so-called commodities king said Tuesday on CNBC's "Futures Now" when discussing expectations that OPEC will not arrive at a deal for a production freeze. For context, the cartel indicated in September that the framework for a deal had been agreed upon. Then OPEC member Saudi Arabia issued $17.5 billion worth of bonds in October...........................................Full Article: Source
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