10 spot-on predictions by Jeffrey Gundlach
The date
April 2012
The details
Natural gas had probably been left for dead by many investors when Mr. Gundlach called it his favorite investment theme during a conference call in April. Natural gas had fallen 59% over the previous three years, but Mr. Gundlach saw similarities between it and gold during its bear market in 1996-1997. That was right before gold took off and went from around $300 an ounce to $1,500 an ounce today. Natural gas still has a long way to go to match that kind of return, but so far it's off to a good start. Since Mr. Gundlach's call, the Standard & Poor's GSCI Natural Gas Index has doubled.