I can confirm that was indeed the comment from Gartman this morning. However, as usual, Dennis downplays the obvious in gold. Of course there was some official intervention in gold recently as with the dollar and treasuries. Governments even admit they manipulate they just rarely let us know the degree. Once the stops are hit the results can snowball a little and then margin clerks become involved droppiung the price a little more. But for Dennis to suggest the public had anything to do with the gold price or CRIMEX market pricing is absurd.

I expect to see gold bottom in the $890 to $930 range somewhere, likely $910 to $918. This move down is setting the market up for a huge run higher between now and x-mas, look for $1300 to $1400 gold. This shake out will lose the usual weak hand crowd in both gold and gold stocks and make others wish they did this or that. In my view don't try to time these types of markets leading up to large price moves as they are very unpredictable and one can easily get left behind. The last 15 months has been leading to this coming move and it is likely to be spectacular.

BTW, I hear many pros started scaling back into their long positions today as even they don't know what the exact bottom will be so they use ranges and time. I hear the pros expect the bottom to be revealed sometime this week. Funny how this corresponds with Armstrong and Sinclair expectations.