Dennis Gartman

facebook_page
twitter_page

Last quote by Dennis Gartman

You may get a 1.98 just to do it ... just to get it there.feedback
share this quote
Apr 19 2017
The latest quote from Dennis Gartman is: “What we're seeing now is the VIX beginning to understand you can have volatility in both directions. There are geopolitical circumstances out there that are very disturbing … And I think the market wants to price that in. These are all things which work to the detriment not to the benefit of the banking system and I think the chance of a surprise for any of the major banks is minimal at best.”. It comes from the Bull market lives on but it's rather 'old in the tooth', says Dennis Gartman article. You’ll find on this page 18 articles with Dennis Gartman quoted on topics such as Trump, Russians and price. Dennis Gartman has been quoted 37 times in 18 articles.
Automatically powered by Storyzy
Take our quote verification challenge and find out !

Dennis Gartman quotes

I've said for a long time that i don't expect oil to get above $52. There are so many people caught on the short side of WTI and that's what you are seeing right now. That will end sometime in the coming weeks.feedback

The strong dollar is going to continue to be overhead resistance on commodity prices. Clearly that adds to the price of crude oil and that is bearish in the long run.feedback

I think the world was not prepared for Mr. Trump to win this. So money is fleeing to safer havens – it's going to gold, it's going to the Japanese yen.feedback

I think the benefit goes to the gold market because of uncertainty. I think that's going to happen rather consistently.feedback

Coal mines will be reopened. New coal production will come on stream. Natural gas ... we will be drilling, drilling, drilling for more.feedback

I think that we're going to see the dollar become a good deal stronger because of this. I do think that Mr. Trump tends to be somewhat of a trade protectionist. Who's going to be hurt by that? It's going to be the Europeans. It's going to be Germany, that depends so much upon trade exports.feedback

That's going to be helpful to the suppliers of the production of crude. It's going to be detrimental to the crude's price itself.feedback

I think the first thing you want to do is go to the sidelines, if you're not already there. If you didn't get to the sidelines before the vote, get to it now. If you're long on the fact that the Dow has rallied 300 or 400 points from the lows … use that as an excuse, as a reason to get closer to the sidelines.feedback

I voted for Mr. Trump, but I was not happy to have done it. I did it by holding my nose and [pressing the button], but I am fearful of his trade protectionism, I'm fearful of his movement towards trade tariffs around the world and I'm fearful of what this means globally.feedback

It's going to be very difficult to get WTI much below $40.feedback

The only fellow speaking the truth about crude oil was [Igor] Sechin.feedback

I think we take crude down into the low 40s, which is a break in trend lines as the cantango continues to widen.feedback

You probably have to take WTI down now to $40. You need to take it down there to stop ... production facilities here and to stop people from bringing on old wells that had been drilled and capped. At $40, they'll probably stay capped.feedback

I think it's going to be difficult even if they get an agreement to put prices very much higher at all.feedback

Wells that had been drilled, that had been capped in the United States are coming back on stream, and new production, new drilling is going to take us back.feedback

I find it fascinating that gold has held reasonably well, even tries to rally as the dollar has gotten stronger over the course of the past six or seven days.feedback

Where's crude oil going? On balance it's going lower, not higher.feedback

The Saudis, the Iranians and the Russians have nothing they can say to us to tell us to stop our own production and we won't.feedback

So, the amount of crude oil that's going to come out of the Bakken, out of the Permian, out of Eagle Ford, is just going to be very large.feedback

There will be no freeze of any consequence. The contangos continue to widen, which tells you that there is an abundance of supply in the market. As long as the contangos continue to widen, as crude oil bids for storage, prices are going to head lower.feedback

The reality is we're going to be stuck for several years between $35 on the low end, and $55 on the high.feedback

You don't want to risk much on this trade. I can see gold breaking up to the upside and I can see the bond market breaking down to the downside. You don't need to risk more than one or two percent.feedback

Having been at this for forty years, I always look for anomalies. It's very strange to me that, since June, as went gold so went the bond market.feedback

You had a period of about three or four months where they did in fact move in correlation with one and other. On balance over broad periods of time, the correlation is negative. If you did get crude oil [back] down to $35 then something is going on economically that's taking stock prices down. But it's not crude that's weighing upon stock prices, it will be economic activity that's weighing upon stock prices.feedback

There has been an aggressive seller of spot gold at 1,270 to 1,285.feedback

I would be hesitant at owning gold in dollar terms.feedback

No quotes...
More Dennis Gartman quotes
|< <
> >|

Quotes by Dennis Gartman

<
>
facebook_page
twitter_page
This webpage has been created by a robot: errors and absent quotes cannot be totally avoided
 
Feedback×

Quote :

Mistake :

Comments :