"*~^*"*~^Gold over $1300 a oz"*~^*"*~^
Just wondering if the bgol traders are making any moves.
last night when i checked it, the price was near $1357
last night when i checked it, the price was near $1357
Quote:
  Dennis Gartman, author of The Gartman Letter, discussed his view on gold sentiment recently, noting that as the gold price has surged well north of $1,300 per ounce, he has never given more interviews to media outlets discussing anything commodity-related. ”All of them…every last one of them…has to do with gold. Gold is all that anyone wants to talk about. Nothing else matters.” Gartman went on to say that the last time he had such “frenzied demands” for interviews was in December 2009, when a new record gold price of $1,226 marked an intermediate-term top for the yellow metal. While acknowledging that there are many “rational reasons” why the gold price is surging, Gartman wrote that “the fact remains the fever is high and fevers break. So too shall this one. When it does, a $100/ounce break in price will be swift, violent, and certain.” |
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