- "Do not sell your gold," says Jeff Gundlach, suggesting the yellow metal could hit $1,350 this year. "If you want to speculate, I would be on the long side of the miners." He's long some of them and making some money lately, but overall losing cash on the trade.
- Gundlach scratches his head over the giddiness with which many analysts greet declines in the gold. It's just another asset, after all.
- ETFs: GLD, GDX, GDXJ, NUGT, IAU, PHYS, DUST, SGOL, UGL, DGP, GLL, GLDX, DZZ, UGLD, DGL, DGZ, AGOL, GLDI, DGLD, RING, GGGG, JNUG, PSAU, TBAR, JDST, UBG