ITM Trading, Released on 5/15/24 (Recorded on 5/13/24)

“You might need hard assets to buy groceries,” says market expert Todd “Bubba” Horwitz, founder of BubbaTrading.com. He warns that political uncertainty from the U.S. presidential election could drive people to rely on hard assets like gold or silver as alternative currencies. “Whether it’s going to be a revolution or another civil war that are being created here… people better have another form of currency, which would be in the fact of gold and silver.” Horwitz predicts silver will break through $30 and reach $40. Lastly, he criticizes the Fed for “destroying free market price discovery” and argues it should be abolished.

00:00 US inflation
4:03 Labor market
6:28 Stagflation
7:50 Gold
11:00 Nvidia vs gold
13:10 Platinum deficit
15:31 Silver
16:41 Fed
19:09 Meme stocks

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, economy, gold, investing, silver, stagflation, wealth preservation