fred hickey(@htsfhickey):Gundlach: “What are you waiting for? You just upgraded the economy right here,” he said, referring to Fed Chairman Kevin Warsh’s comments about a strong macroeconomic environment during the central bank’s post-decision news conference. “We’re headed to 4% handle headline CPI. The commodity index is rising in a bull market, and I don’t understand why the Fed is so reluctant to move.” Reminder: Historically, gold does very well in a rising rate environment (think 1970s)...when the Fed is behind the curve. Today, the Fed is behind the curve. I think all those chart weenies who are now so negative on gold are going to be forced to change direction (grudgingly).

2026.10.28 22:28

Gundlach: “What are you waiting for? You just upgraded the economy right here,” he said, referring to Fed Chairman Kevin Warsh’s comments about a strong macroeconomic environment during the central bank’s post-decision news conference. “We’re headed to 4% handle headline CPI. The commodity index is rising in a bull market, and I don’t understand why the Fed is so reluctant to move.” Reminder: Historically, gold does very well in a rising rate environment (think 1970s)...when the Fed is behind the curve. Today, the Fed is behind the curve. I think all those chart weenies who are now so negative on gold are going to be forced to change direction (grudgingly).