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Web Extra: Gold Trade Tarnishing, Says Gartman

Tuesday, 18 May 2010 | 6:01 PM ET

If you’re parked in gold as a safe haven, you might want to find another port to weather the storm.

Fast Money Web Extra
The Fast Money traders offer special CNBC.com-only advice on your investments

That’s according to strategic investor Dennis Gartman.

In his daily letter, Gartman tells investors to ‘rush to the exits’ with catalysts looking rather bearish.

But don't take our word for it. Get all the details straight from Gartman, himself! Watch the video now!

Read More:

> Gold Investors Should 'Rush to the Exits': Dennis Gartman



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Trader disclosure: On May 18, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Seymour Owns (AAPL), (BAC), (EEM); Terranova Owns (SWN); Finerman's Firm Is Short (IJR), (MDY), (IWM), (SPY); Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (JPM), (JPM) Call; Finerman Owns (JPM); Finerman's Firm Owns (KFT); Finerman's Firm Owns (SKS); Finerman's Firm And Finerman Own (TJX); Finerman's Firm Owns (WFC) Preferredl; Finerman's Firm Owns (WMT); Najarian Owns (AMD) Calls; Najarian Owns (C) Calls; Najarian Owns (HPQ), Is Long (HPQ) June Call, Is Short (HPQ) May Calls; Najarian Owns (MS), Is Short (MS) Calls; Najarian Owns (V) Call Spread; Najarian Owns (AMD) calls; Najarian owns (HPQ), is short (HPQ) calls; Najarian Owns (VRSN) calls; Edwards Owns (VXX)

For Tim Seymour

Seygem Asset Management Is Short (EEM)

For Dennis Gartman
Funds Managed By Dennis Gartman Are Short (GS)
Funds Managed By Dennis Gartman Own (MMM)
Funds Managed By Dennis Gartman Are Short Gold
Funds Managed By Dennis Gartman Are Short British Pound Sterling
Funds Managed By Dennis Gartman Are Short Euros
Funds Managed By Dennis Gartman Are Short Yen
Funds Managed By Dennis Gartman Are Short Australian Dollars
Funds Managed By Dennis Gartman Are Long Canadian Dollars

For Anthony Scaramucci
Scaramucci Owns (BUD), Skybridge Owns (BUD)

For Patty Edwards
Edwards Owns (GLD) for clients
Edwards Owns (INTC) for clients
Edwards Owns (NVDA) for clients
Edwards Owns (HD) for clients
Edwards Owns (HPQ) for clients
Edwards Owns (DELL) for clients
Edwards Owns (MSFT for clients
Edwards Owns (AAPL) for clients
Edwards Owns (GOOG) for clients
Edwards Owns (VIX) for clients
Edwards Owns (SPY) for clients
Edwards Owns (QQQQ) for clients

For Vijay Rakesh
Sterne, Agee & Leach Is A Market Maker In (AAPL)
Sterne, Agee & Leach Has Managed Or Co-Managed An Offering Or Provided Investment Banking Services For (AAPL) In Past 12 Months
Sterne, Agee & Leach Has Security Accounts Open For (AAPL)
Sterne Agee Financial Services Has Clearing Agreements With (AAPL)
Rakesh owns (AAPL)
Sterne, Agee & Leach Or Affiliates Own 1% Or More Of (AAPL)


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