LAD.V- Until this happens, keep buying ... Until this happens, keep buying gold: Gartman
Gold is up nearly 20 percent in 2016, and that has veteran traderDennis Gartman urging investors not to sit out on the rally.
"The trend is up, the trend has been up for the last several months and I continue to think that as long as the monetary authorities are going to remain as expansionary as they are [this trend will continue]," the editor and publisher of The Gartman Letter said in an interview with CNBC's "Futures Now" on Thursday. "Monetary expansion equals higher gold prices."
Investors have flocked into the precious metal this year as the market continues to weigh central bank policies and volatility in equities. The flood of buying has gold tracking for its best start to a year since 1974.
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