The Gartman Letter: Eyes on the Eurozone
Dennis Gartman has been directly involved in the capital markets since 1974 and has been publishing his daily commentary, The Gartman Letter, since 1987. The following provides information from today’s The Gartman Letter.
We remain bullish of gold in Yen and EUR terms and we are becoming more and more interested in the latter in light of the recent comments by Mr. Draghi and others there at the ECB citing the EUR’s strength; noting its deleterious effect upon exports and noting the problems attendant to the situation in Russia/Ukraine. Should the “centre” not hold, as Yeats suggested in his increasingly famous poem “Easter Sunday 1916” and should the situation in Russia/Ukraine devolve into fighting, the EUR will come under attack and gold shall fly.
The above communication is a publication of The Gartman Letter and is not intended to provide personalized recommendations to buy, hold or sell investments. The Gartman Letter’s information, statements, views, and opinions are based on internal and external sources considered by The Gartman Letter to be reliable, but The Gartman Letter makes no express or implied representation or warranty to those sources’ accuracy, completeness, or correctness. Such information, statements, views and opinions are expressed as of the date of publication, are subject to change without further notice, and do not constitute a solicitation for the purchase or sale of any investment referenced in the publication. Investors should verify all claims and conduct their own research before investing based on the above communication provided by The Gartman Letter.