Gundlach: Gold will 'almost certainly' close above $4000 before year end ...Middle East

He noted that gold is up over 100% in the past two years and 45% year-to-date, a move he called 'ridiculous'.

Gundlach noted that he's been a gold bull and predicted $4000 earlier this year. He took it a step further today and touted another $340 gain, from current levels, or about 9.2%.

Gundlach also hinted at a big part of the reason that gold is up and the US dollar is down this year.

The job interview at the Trump administration for Fed chair candidates is: "Will you do what I tell you to do?", he said.

This article was written by Adam Button at investinglive.com.

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