for those who follow Dennis Gartman and he's been negative on gold.
Courtesy of the usual N.Y. commentator, comes the following…”The Gartman Letter today rather grumpily denies hinting at Government intervention in gold on Friday by saying ’someone or something’ was obstructing the advance on $1,000 again. In other words, Dennis…’someone or something’ does not appear insistent on much lower gold. No further clarification was offered, but more importantly, TGL is considering buying gold on the view that $922-935 is a meaningful technical level in a correction.” [That's not quite down to the 50-day moving average...but it's getting closer - Ed]
http://www.contrarianprofits.com/articles/and-then-theres-thistuesday-june-16th-2009/17967
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