GLD (summer) and LQD (fall) are direct opposites of each other. So for GLD to be the Queen LQD would have to first give up the throne to either a spring or winter asset, and then move to winter
Since JNK is now the new Queen it's a set up of sorts for GLD. To put it in growth and inflation terms, the year started off with LQD (goldilocks) forecasting higher growth with lower inflation/deflation. JNK is now saying higher growth with higher inflation. If GLD becomes Queen then low growth/recession with higher inflation (summer aka stagflation) will be the order of the day.
Quite a whirlwind in a couple of weeks time. Things they are a changing.
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