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Message: Re: Gartman's Latest on Gold
6
Mar 12, 2010 06:55AM

Now, the market appears to have been returned to relative health, and our propensity is to add to gold, but this time erring on the side of owning some of it in US dollar terms, and more of it in Yen terms.

I never quite understand what is meant by dollar terms or yen terms.....unless you have stacks of all currencies and have to decide which one to spend on gold, or when selecting a currency to lighten up to. Is it more complicated than that, like going short a currency as well?

But owning gold...you just own it; in gold terms.......I don't get it, unless they aren't getting it.

This dive on us market opening is getting a bit sad. that big hit a few days ago........silver especially was gaining solid upward momentum before the strike...dangerous.

3
Mar 12, 2010 11:52PM
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