Tuesday, March 25, 2014

Gartman: Gold chart going higher quietly

Dennis Gartman thinks gold is going higher quietly in terms on Dollars, Yen, Euro and Chinese Renminbi.

"For the moment at least, the fear of war in Russia has been alleviated. But it's not eliminated. It's just been alleviated, and it was the fear of war that sent gold prices higher in the first place."

"Any incursion by the Russians into mainland Ukraine, while unlikely, but remotely possible, would send gold soaring. The chart is going from the lower left to the upper right."

via http://www.cnbc.com/id/101504625