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Letter "D" » Dennis Gartman Quotes
«Europe still has the same problems that drove the euro from its initial highs of $1.17 to its low of 88.50 cents.»
«And we are certain that when June's figures are compiled, the unemployment rate will be lower still.»
«The Sogo bankruptcy marked a major turning point in Japanese economic history.»
«Certainly the move caught us unawares. Obviously, the decision to tighten monetary policy was done to defend the euro, and just as obviously, it has failed.»
«Japan's politicians have hunkered down and have moved to do nothing, hoping that the currency's weakness might bail them out of their morass. We are short of the yen, and we expect to remain short of the yen for the long, foreseeable future.»
«Markets that will not go down on bearish news are not bear markets.»
«Japan's economic conditions are horrific. We think the yen's ultimate target is well above 140 yen to the dollar.»
«The Philly Fed survey was frighteningly disturbing.»
«We remain fundamentally bullish on gold . . . for the very simple reason that there is growing disdain for currencies generally.»
«People who have been with me for 20 years know that when I say watershed that means a major shift. I've been a dollar bull for a long period of time, have basically been neutral for the past several months and am now turning to becoming a dollar bear. This move through $1.22 is definitive.»

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