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Market Watch: Bond King Jeffrey Gundlach Bets on Gold and Rings Alarm Bell on Potential U.S. Recession
Gundlach now sees a bigger chance of a recession hitting U.S. shores in the not-too-distant future!
He also correctly warned about the 2008 financial crisis and the dot-com bubble implosion!
This drop is the largest one-month decline on record and the lowest level since December 2008 during the financial crisis, according to the firm!
Jones comments also follow recent bullish sentiment from other billionaires!
"I like gold, and I think you have to have some form of it, in some fashion, in your portfolio!"
Mass complacency and euphoria has always been a recipe for historic meltdowns!
An ominous pattern is developing in market sentiment that could point to deep losses ahead!
Market Watch: Full-scale Bear Market for Stocks is Among 3 Scenarios Citi Analysts Predict Amid Trade Tensions
Trade tensions appear to be mounting in a way that gives cause for concern, or at very least for heightened caution
Fox Business Channel - Peter Schiff: If the Fed Cut Rates, the Stock Market Should Not be Celebrating
Schiff is warning that the U.S. economy is very close to experiencing a severe recession!
Both Morgan Stanley and Goldman Sachs saying this week that the worst yet to come!