Dennis Gartman Quotations

There is no question, however, that the bank was feeling a great deal of political pressure put upon it by the government.

We remain fundamentally bullish on gold . . . for the very simple reason that there is growing disdain for currencies generally.

There are very real problems brewing in the smaller currencies of the world that do not seem to be upon the radar screens of the world's capital market's traders.

Friday's intervention efforts seemed long over-due, well organized and much needed. They shall prove fruitless, however, for of course the long-term economic reforms that Europe is in need of are only now, rather reluctantly, being put into effect, and only in small doses rather than materially.

Japan's economic conditions are horrific. We think the yen's ultimate target is well above 140 yen to the dollar.

Japan needs a weak yen. We have argued that case for months, and finally it is proving of merit.

Markets that will not go down on bearish news are not bear markets.

Why shouldn't Canada go to parity? It has what the world needs. It has water, it has oil, it has steel. You name it, Canada has it.

And we are certain that when June's figures are compiled, the unemployment rate will be lower still.

Europe still has the same problems that drove the euro from its initial highs of $1.17 to its low of 88.50 cents.

The Sogo bankruptcy marked a major turning point in Japanese economic history.

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.

A rally such as we've witnessed in the past week needs a correction. The market shall be healthier in the new year because of it.

The yen continues to weaken, as it should, given the continued weak economic data coming from Tokyo.

The October panic is hitting more than the world's equity markets; it is hitting the currency markets, too.

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.