While I am hesitant to post anything about Gartman's position in gold since so many in the "know" including Peter G has such little disregard for his picking prowess, I thought the Marketwatch article sited below was interesting.

It has been interesting how wrong Gartman has been in the past on gold....one can only hope he finally hit the right button this time if in fact what's reported is true.

Excerpt from article follows with entire site below.

"Of course, gold shares’ bullishness does assume that the metal itself will go up. Here the omens are reasonably positive. On Monday, the Gartman Letter raised the gold exposure in its model portfolio by 50%. By Friday, this widely followed institutionally heeded source was a stunning 91% invested in various gold plays, mostly hedged into the euro and sterling. "

http://www.marketwatch.com/story/gold-shares-may-finally-begin-to-lead-2011-11-07?link=home_carousel