Jeff Gundlach: “If Oil Drops To $40 The Geopolitical Consequences Could Be Terrifying”

by Tyler Durden
ZeroHedge.com
01/05/2015

“Oil is incredibly important right now. If oil falls to around $40 a barrel then I think the yield on ten year treasury note is going to 1%. I hope it does not go to $40 because then something is very, very wrong with the world, not just the economy. The geopolitical consequences could be – to put it bluntly – terrifying.”

The Rest…HERE

This entry was posted on Monday, January 5th, 2015 at 12:10 pm and is filed under Economics, Oil, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.