"My better trade for the year will be the same trade that has been the better one for this year and the better one for the previous year, which is to be an owner of gold," said Gartman.
Of course, any Gartman recommendation of gold comes with a caveat, and in his case, he prefers to own the yellow metal in currencies outside the U.S., specifically in euro and yen terms, which he sees having a tough time next year as the European Central Bank and the Bank of Japan potentially look to devalue their currencies.
Read MoreGold settles above $1,200 an ounce
"The Bank of Japan has been expanding its balance sheet. The ECB is going to expand its balance sheet," said Gartman. "Those currencies have been weak. They're going to remain weak."
Year to date, the euro and the yen have fallen a respective 11 percent and 12 percent against the dollar. But that has created an opportunity for gold bugs. If you owned gold in euros, you are up more than 8 percent in 2014. If you owned it in yen, you're up nearly 10 percent in 2014.