Gold bull is dead, says Gartman
Calling the death of gold’s bull run, and the beginning of a gold bear market, with Dennis Gartman, The Gartman Letter. He said in latest newsletter: “We have the beginnings of a real bear market, and the death of a bull … So much damage has been done to the psychology of the market in the past week and so many late longs caught off guard that forced liquidation shall be the outcome.”
Source: CNBC, December 14, 2011.
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