Gundlach On Gold: "Something Big Is Happening... It's Getting Exciting"

Picking up where DoubleLine CEO Jeff Gundlach left off with his controversial Ira Sohn recommendation, which as a reminder was to short Facebook on concerns of regulatory crackdown and go long commodities ahead of a late-cycle inflationary boom, on Tuesday Gundlach spoke at an event for DoubleLine clients and reiterated his skepticism, warning that treasuries are still "not attractive" even though the benchmark 10Y yield briefly crossed the key 3% threshold earlier in the day.