Hints and tips:
...The institutions mostly use their commodities fund commitments for diversification, unlike many retail ETF buyers, who hope to correctly time a speculative long position....
...As Denis Gartman points out in his Gartman Letter, there is now a “very clear delineation” between the policy of the Fed (desperate to exit QE) and the Bank of Japan (bold enough or bonkers enough to be...
...The ETRACS Fisher-Gartman Risk On ETN (ONN) and its Risk Off (OFF) sibling are linked to the performance of the Fisher-Gartman Risk index....
...Let us hope that the precedent holds. We fear, however, it shall not? Gartman also broached the subject of the yen’s epic move against the euro, a cross-rate which usually remains reasonably stable....
...Or as Dennis Gartman, publisher of The Gartman Letter, put it succinctly: “We wish never to witness another day such as yesterday in what remains of our trading lifetime....
...Dennis Gartman, of the Gartman Letter, was no less outraged on Friday: THE US$ HAS TURNED RATHER SHARPLY FOR THE WORSE, and we shall mince no words here this morning for few words were minced yesterday...
...April brought some hope to the gold bulls, with a brief break above $900 an ounce, based in part on the notion the Chinese government was about to ease out of its dollar reserves and into gold....
...From Dennis Gartman at the Gartman Letter on Wednesday: Simply put, the US fiscal circumstance has become a laughingstock, and we do not say that lightly. It is, however, true. You get the picture....
...Another good point, as made by Dennis Gartman of the Gartman report, are what the actual implications of the contango-trade unwind will be....
...Certainly we hope never to see its likes again....
...Note The Gartman Letter’s Dennis Gartman’s feelings on the matter on Friday....
...Before trade began, stock futures surged on the news that China was to adjust its currency in the hope that it could help tame the US trade deficit by pushing up the price of Chinese exports....
...However, Dennis Gartman, editor of The Gartman Letter and a veteran market commentator, said that a reversal in the Fed's policy course was unlikely because the prospect of inflation wasparamount on the...
International Edition