Dennis Gartman Wants To Own Gold (GLD, FXB)

On CNBC's Fast Money, Dennis Gartman recommended investors to buy gold. He wants to own gold in non US dollar terms. Mr. Gartman suggested investors to take a long position in SPDR Gold Trust (ETF) GLD and a short position in CurrencyShares British Pound Ster. Trust FXB. You can also short CurrencyShares Japanese Yen Trust FXY or CurrencyShares Euro Trust FXE. SPDR Gold Trust (ETF) (GLD) is trading 1.7% higher today. CurrencyShares British Pound Ster. Trust (FXB) had a good start today, but it failed to keep its gains. FXB is trading approximately 0.15% higher at the moment. Learn how to find the best stocks to trade each day in our 70 page E-Book and 90 minute online video for free.