Dennis Gartman, via Business Insider:
http://www.businessinsider.com/dennis-gartman-crude-oil-call-2016-1
“Gartman said Monday that he thought crude oil wouldn’t trade back above $44 “in my lifetime,” though he did say oil may have hit a short-term bottom.”
Um… I think I made only one “in my lifetime” statement (or at least that I can remember)… In 1984 while speaking to a meeting of mortgage bankers, with short term interest rates recently in double digits, I was asked if we would ever see rates back to 1950’s early 60’s levels… I said “not in my lifetime”… Here is what happened:
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