What's going on in Treasurys (TLT) has nothing to do with inflation, says Jeff Gundlach in a...


What's going on in Treasurys (TLT) has nothing to do with inflation, says Jeff Gundlach in a surprise webcast brought on by the big selloff in fixed income. Turning to gold (GLD): "(It) looks like death, absolutely the weakest asset on the planet."

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Comments (11)
  • Doug Eberhardt
    , contributor
    Comments (4736) | Send Message
     
    The weak will inherit the earth! (I know it's meek, but you get it...)
    27 Jun 2013, 04:29 PM Reply Like
  • howard26
    , contributor
    Comments (261) | Send Message
     
    Hey Doug,

     

    You can tell 'em that if a pregnant woman comes up and tells you she is pregnant, she has 9 months to prove herself.

     

    The more guys that say that the PM trade is dead, the more I think the bottom is near.
    27 Jun 2013, 04:35 PM Reply Like
  • Calimero Galletto
    , contributor
    Comments (9) | Send Message
     
    It's no mystery to me, but let the game commence,
    listening to these fools, it makes no sense,
    confidential information, buried in a briery,
    begging real investigation, not a gamblers inquiry,

     

    I go checking out the reports, digging up the dirt
    you get to meet all sorts in this line of work
    treachery and treason, there's always an excuse for it
    and when I find the reason, I still can't get used to it

     

    And what have you got, at the end of the day?
    what have you got, to take away?
    a bottle of whisky and a new set of lies
    blinds on the windows and a pain behind the eyes

     

    scarred for life, no compensation
    precious metal investment (investigations)
    27 Jun 2013, 05:39 PM Reply Like
  • techtrac
    , contributor
    Comments (5) | Send Message
     
    As of today, AU is trading @ a DISCOUNT from its commodity value. The last time AU traded near parity was in Jan 2011, Itnever sold @ a discount however.
    27 Jun 2013, 06:10 PM Reply Like
  • pritchslap
    , contributor
    Comments (7) | Send Message
     
    I think silver has gold beat for the weakest asset on the planet. That is bullish, right?
    27 Jun 2013, 06:10 PM Reply Like
  • pat45
    , contributor
    Comments (449) | Send Message
     
    well the fact that gold did not fall huge despite CNBC proclaiming every 5 min it will be $1000 quick probably means it is near bottom. I will watch...but it is selling at or below production costs..so would not sell if I owned. SLV at support--and bought tiny amount today.
    27 Jun 2013, 07:45 PM Reply Like
  • Hendershott
    , contributor
    Comments (1752) | Send Message
     
    These horses are dead. No amount of beating will bring them back to life.
    27 Jun 2013, 07:54 PM Reply Like
  • User 11901801
    , contributor
    Comment (1) | Send Message
     
    All these "expert" prognosticators will be telling us they "changed their opinions" when gold/silver turn on the proverbial (silver?) dime! "Me thinks (they) doth protest too much"!
    27 Jun 2013, 09:41 PM Reply Like
  • Trader_Guy
    , contributor
    Comments (4) | Send Message
     
    Has nothing to do with inflation...yet. But treasuries falling means money velocity increase coming and that means inflation. How much depends on how much more money central bankers print. Could be a lot.
    27 Jun 2013, 09:42 PM Reply Like
  • B172068
    , contributor
    Comments (42) | Send Message
     
    I love news that proclaims the universally obvious, i.e., an observation that a monkey could have reported. How about some insight, something that informs readers of underlying facts devoid of superficial piling on what everyone already knows! (The GLD remark)
    27 Jun 2013, 10:05 PM Reply Like
  • techtrac
    , contributor
    Comments (5) | Send Message
     
    1930:

     

    GOLD .........................
    Moodys Spot Commodity Index....100

     

    6/27/2013:

     

    GOLD.....................
    Moodys...................

     

    We've got the hedge against inflation covered so far but now what about its safe haven status?
    RISK-OFF as measured by the LQD/HYG ratio chart is ! multi-year hi while the spread between AAAvs Baa has widened from 80bps to 103bps.
    and that's just in the past fortnight
    risk is being adjusted & AU?
    28 Jun 2013, 10:06 AM Reply Like
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