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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (11924)2/16/2009 10:47:23 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 33421
 
Maybe they're gonna buy a gold mine :O)



To: Jorj X Mckie who wrote (11924)2/17/2009 4:03:43 PM
From: John Pitera  Read Replies (2) | Respond to of 33421
 
Dennis Gartman joins me in my Gold Fever both the USD and Gold are breaking out against the world's others currencies. The EUR/$ is really getting pounded as EUR weakens since they have leant so much money to impoverished eastern europe, and The Eurozone is having it's own derivatives nightmare.

Gartman says he hates the fact that he is calling for gold to go up.

I have no problem with it. I believe we're going to be seeing an increasing interest in collectable coins (numismatic) over the next few years. What an exciting business to be getting into.

Bloomberg video of Gartman on Gold

bloomberg.com