I don't really like Gartman but from a technical standpoint, he's right to dump the commodity right now. I own physical and I own the ETF and won't sell, nor will I sell Tyhee, but the technicals in EW are screaming sell and some of these guys listen. The trouble for them is that it's possible that the fundamentals will overwelm the technical story and they will never get the chance to get back in. If gold overtakes 960 and stays there, that's all we need to see 1300.

Who cares if Tyhee got dumped? Who would be foolish enough to trade it other than a short?