Dennis Gartman bearish on Natural gas – Dennis Gartman blog 07-11-13

Salient to Investors:

Dennis Gartman writes:

Bearish on natural gas because its supply is huge and rising as we find more every single day through fracking. Will be very difficult for natural gas to rise above $4 – if it does, it will will quickly be hedged away.

Read the full article at  http://dennisgartman.blogspot.com/2013/07/dennis-gartman-bearish-on-natural-gas.html

 Click here to receive free and immediate email alerts of the latest forecasts.

Gold could bottom at $900 – Dennis Gartman blog 07-08-13

Salient to Investors:

Dennis Gartman writes:

  • Understanding both market technicals and fundamentals is vital. When you both the technicals and the fundamentals are pointing in the same direction, you will probably succeed.
  • Always look at “box”, which  delineates the 50% to 62% retracement of the previous rally or big decline.
  • Gold started its climb from $275 twelve years ago and got close to $1920, so a 50% retracement takes you to about $1100, and a 62% correction would take you to $900.

Read the full article at  http://dennisgartman.blogspot.com/2013/07/gold-could-bottom-at-900.html

 Click here to receive free and immediate email alerts of the latest forecasts.