May 15, 2010

Dennis Gartman: The Euro Will Be Punished

“The ECB’s supposed independence has now been shown to be nothing more than a sham, a chimera, a will-o’-the-wisp. In the end the ECB and the euro will be punished for this decision to stand down from what had previously been considered sacred.”

Dennis Gartman, economist and hedge- fund manager, publisher of the Gartman Letter

Related ETF`s: PowerShares DB US Dollar Index Bullish (Public, NYSE:UUP), PowerShares DB US Dollar Index Bearish (Public, NYSE:UDN), SPDR Gold Trust (ETF) (Public, NYSE:GLD)

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