Dennis Gartman CNBC interview on Gold:
1. The high in gold is almost 2 years behind us.
2. We've failed to make a new high and broken many trend line supports.
3. Gold is a broken commodity and is likely to head lower, even with all the news of the Fed expanding reserves.
4. The first signs of support may well be $1,200. If it starts to break under $1,200, I’m sorry but there’s not much support until you get to $1,000
"The oldest rule in commodity trading is that if something can't rally when the news is bullish, it is a bear market."
http://finance.yahoo.com/blogs/talking- ... ylv=3?vp=1