I don't get Gartman. If there was a big difference in the price of gold in euro vs US $, and it was not reflected in the $/E exchange rate, there would be a massive movement to correct the contango. He must have the dumbest followers imaginable.

If he wants to play E vs $, do it in the forex playing field, not the pms.

I am of the opinion that Fartman is a tool of the boyz. His job is to cause as many investors as possible to become discouraged with gold so that they do not become a demand feature against the crimex.