Listen, if there’s one man in the world who wouldn’t lie to you under any circumstances, that man is Jeff Gundlach.

So averse to lies is Jeff that he plunged headlong into the Twitterverse last summer in an effort to, as he put it, combat fake news.

His chosen Twitter handle is, of course, @TruthGundlach which, as we’re fond on putting it, means that Jeff has now made himself synonymous with “truth”.

And because “truth” cannot lie, everything Gundlach says is now by definition “true” because again, his Twitter handle clearly indicates that there is no distinction between “Truth” (with a capital “T”) and “Gundlach”.

Over the course of his illustrious Twitter career, Jeff has subjected a laundry list of people (and various of entities he imagines are out to get him) to his “truths”. One person who found himself on the wrong end of a Gundlach “truthing” this week was Steve Mnuchin. You can read about that here.

Well recently, Jeff has discovered a new “truth” that he wants to share with you. Specifically, Gundlach has determined (through what we can only assume was careful study) that Bitcoin is a barometer for risk sentiment. Here’s Jeff on CNBC:

Got that? Here are those “truths” transcribed:

Strangely, bitcoin seems to be the poster child for social mood and market mood. We had a vertical rise from Sept. 7 which was led and epitomized by bitcoin. Bitcoin started at about $4,500 and went up to about $20,000 or so.

Bitcoin peaked out in mid-December and it crashed. That sort of presaged the volatility in the stock market. If stocks are going to take another tumble, I think it would be preceded by a bitcoin decline.

Weirdly, I’m actually using the sentiment regarding speculative assets like bitcoin as a guide to maybe what the future will bring.

To be honest, Jeff is too easy a target when it comes to lampooning his pretensions to profundity so we’re going to eschew the explicit ridicule in favor of simply excerpting (again) a note from Deutsche Bank and then one from Morgan Stanley.