Jeffrey Gundlach, who sees bleak financial times ahead, is the co-founder of DoubleLine Capital.

Fifty billion dollars still sounds like a bunch of money to us. Of course in a day and age when big money managers can attract as much as a trillion dollars, that kind of puts it into perspective.
Bloomberg spent a lot of time this weekend looking at Jeffrey Gundlach and Bloomberg known for its quick/short articles, spent the equivalent of 12 pages on this individ- ual, so obviously there are some people listening to this investor who has made some very interesting calls over the last few years. Like buying mortgage-backed securi- ties right at the bottom of the collapse in housing in the United States.
Gundlach is basically saying that down the road, infla- tion will be back and hard assets will benefit...and for many of us in the beaten up natural gas sector, some of what he is saying sounds a little hopeful to us.
Bloomberg writes, “The co-founder and chief executive officer of DoubleLine Capital LP explains that the first phase of the coming debacle consisted of a 27-year buildup of corporate, personal and sovereign debt. That lasted until 2008, when unfettered lending finally toppled banks and pushed the global economy into a recession, spurring governments and central banks to spend trillions of dollars to stimulate growth...”
“In the ominous third phase” Bloomberg writes, Gund- lach is predicting another crisis: “Deeply indebted coun- tries and companies, which Gundlach doesn’t name, will default sometime after 2013. Central banks may forestall these defaults by pumping even more money into the economy -- at the risk of higher inflation in coming years.”
“Gundlach doesn’t know when the third phase will get here, but he tells his audience they need to gradually get ready for it.”
And again, his whole suggestion is some day, the mar- kets just go—kaboom and you want to be, he suggests, in certain sectors.
He recommends buying hard assets. Gemstones, Art and Commercial Real Estate are high on his list and in his DoubleLine Fund, has also been buying the stocks of Chi- nese companies, U.S. natural gas producers and gold- mining firms because it considers them to be bargains.
If you have time, Google, “Bond Investor Gundlach buys stocks, sees kaboom ahead.”