Liberty and Finance, Released on 4/15/22

“The most important thing people can do is own physical metals,” says Todd “Bubba” Horwitz, one of the original market makers in the SPX Trading Pit at the Chicago Board of Options Exchange. Horwitz says there is more silver traded on the paper market than actually exists in physical form. “I don’t think there’s enough physical to cover the amount of paper that’s been put out there.”

He also says silver, such as 90% junk pre-1965 U.S. silver coinage, may be necessary to purchase goods in the case of a currency crisis. “I think junk silver is perfect,” he says, “I’m a big believer in junk silver.”

0:00 Intro
1:10 Stagflation
2:37 Cause of inflation
4:16 Food shortages
5:47 Inflation protection
7:16 Stock market
8:59 Gold update
10:40 Physical vs paper
14:50 Run on physical silver?
15:49 Platinum update
17:54 Bubba Trading
18:41 Miles Franklin

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.

  Bubba Horwitz, food shortages, gold, inflation, silver, stock market