August 9, 2010

Dennis Gartman: Bearish On The Euro


“The euro has had a spectacular bounce. Were all of the problems that were attendant and discussed and so obvious in February, March and April of this year, have they been alleviated? Not even slightly. The major trend for the euro is still toward disintegration.”

Dennis Gartman, editor of the Gartman Letter in Suffolk, Virginia

Related ETFs: PowerShares DB US Dollar Index Bullish (NYSE:UUP) , SPDR Gold Trust (ETF) (NYSE:GLD), iShares Silver Trust (ETF) (NYSE:SLV)

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