Gold’s going to reach $4,000, says Gundlach. He also puts recession probability at 60%. - MarketWatch
1. Gundlach predicts gold could reach $4,000 based on market trends. 2. Central bank gold purchases are sharply increasing, supporting demand. 3. He sees a 60% chance of recession this year, affecting gold's attractiveness. 4. Gold is perceived as a strong store of value outside financial systems. 5. European stocks are outperforming the U.S., indicating market shifts.