Gartman sees gold becoming world reserve currency


6:06p ET Saturday, October 24, 2009

Dear Friend of GATA and Gold:

Interviewed Friday on CNBC's "Fast Money" program, Gartman Letter editor Dennis Gartman said he sees gold becoming the world's reserve currency and the dollar continuing down for the next year while being very oversold for the moment as gold is overbought. Gartman remarked that "gold bugs" don't like him, but if he makes a few more television appearances like this one, they might start to get over it. Gartman's remarks about gold begin at 2 minutes and 42 seconds into the interview, and you can watch it at the CNBC Internet site here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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