by Michael Covel
Daily Reckoning
A few months ago, I told you about Dennis Gartman’s especially bearish call on oil…
Gartman’s the publisher of The Gartman Letter, a popular investing newsletter.
And back in January, he made an astonishingly bold prediction about where the price of oil was headed.
Gartman told a national TV audience that “crude oil will not trade back above $44 in my lifetime.” It was trading at roughly $28 at the time.
That was a ballsy move.