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Coal stocks heating up, Dennis Gartman says

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Gartman: Coal not going anywhere

Coal is hot—or soon will be, commodities trader Dennis Gartman said Monday.

"It might not be ultimate, but it's certainly one of the penultimate contrarian views," he said.

On CNBC's "Fast Money, " the editor and publisher of The Gartman Letter recalled a previous bullish call on aluminum, which he said elicited laughter from some investors.