Jeffrey Gundlach, chief executive of DoubleLine Capital, spoke overnight
Reuters with the report on his mutterings:
- Gold remains the best investment amid fears of instability in the European Union and prolonged global stagnation, as well as concerns over the effectiveness of central bank policies.
- "If you buy 10-year Treasuries now, I would say, it is a terrible trade location. It is the worst trade location in the history of the 10-year Treasury."
