Looks like Gartman was wrong again

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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MajorD

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Looks like Gartman was wrong again

posted on May 05, 2009 01:27PM

Notice his last 2 words:

Long of Two Units of the “Ag” ETF, DBA
and short of Two Units of the Gold ETF, GLD:
We are “short” of the GLD/DBA Ratio from Monday, April 27th and we
added to the trade Thursday, April 30th, believing that Gold is
expensive relative to the grains, or that the grains are “cheap”
relative to gold. The trade was proving its merit… quickly and rather
materially… until yesterday.