Commodities King Dennis Gartman: "Bitcoin Is Nonsense'

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Published on:
Dec/31/2017

With Bitcoin over $14,00, Commodities King Dennis Gartman was asked how much of that is he gonna buy.

"I'm gonna buy none of it," Gartman responded.  "I'm not selling any of it, I'm not buying any of it, I'm not trading any of it.  It is nonsense.  I'm a believer in the..... computer technology behind it in the block chain but am I a believer in Bitcoin?  No."

When asked what comes first, Bitcoin $5000 or Bitcoin $25000, Gartman responded, "If I had to make the bet, Bitcoin $5000 comes before Bitcoin $25000.  I don't think there's any question about that."

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