ITM Trading, Released on 12/2/24

“He [Donald Trump] will be successful with it because at the end of the day, they need us,” Todd Bubba Horwitz, founder and CEO of Bubba Trading, tells our Daniela Cambone. He explains that president-elect Trump’s rhetoric over the weekend warning BRICS nations against creating a new currency will be ‘successful,’ as they will not pose a serious threat to the U.S. “I think there’s a greater reality that Bitcoin becomes a currency among the globe versus the BRICS nations and what they’re trying to do,” Horwitz adds. He also highlights concerns about the U.S. economy, citing the national debt as a significant issue. “If you’re making 150,000 or below, you’re in a recession. If you live in New York, you can’t live on 150,000 a year if you live in Manhattan,” he asserts. Watch the full video to learn more about his perspective and financial strategies for navigating these challenges.

00:00 Donald Trump’s BRICS message
4:00 Todd’s stance on US dollar
5:48 Joe Biden pardoned Hunter Biden
8:49 Gold trajectory
10:58 Societal issues
13:41 How will gold in pro-bitcoin environment?
15:38 The Fed
17:08 Concluding words

Todd Horwitz — known as Bubba — is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily podcast ‘The Bubba Show.’ He is a 36-year member of the Chicago exchanges and was one of the original market makers in the SPX.

  Biden, BRICS, dedollarization, gold, todd horwitz, Trump, us dollar