Jeffrey Gundlach – X, Released on 8/16/24

Ignore the spinmeisters; respect the bloodless verdict of the market. The announcement today, simultaneously proposing subsidies requiring more debt/money printing *and* price controls on food (soon to be other things), instantly propelled a huge rally in gold.

— Jeffrey Gundlach (@TruthGundlach) August 16, 2024

Proposing cancelation of medical debt encourages debtors to rearrange their debt so that medical debt increases as a % of overall debt (i.e. fraud). It would increase medical costs, given increased patient indifference to assuming more debt to pay the higher costs. Think:…

— Jeffrey Gundlach (@TruthGundlach) August 17, 2024

Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named “Money Manager of the Year” by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.

  gold, inflation, Jeffrey Gundlach, price controls