gold, page-24951

Here is a take from a banker.

"Last week, in an abrupt shift to his bullish posture, Bank of America strategist Michael Hartnett laid out how he envisioned the transition from the current "Icarus" rally to what he dubbed the market's "Great Fall" - or "Humpty Dumpty" trade - which he expected to take place in the second half of the year, and which he said would be precipitated by another downward inflection in EPS, but more importantly, a more hawkish Fed. Specifically, he showed a chart which revealed that historically, once the Fed starts tightening, it keeps tightening until there is a “financial event.” "


http://www.zerohedge.com/news/2017-...hike-until-something-breaks-dumps-bank-shares

Gundlach is investing in Gold.


Cheers