ITM Trading, Released on 2/6/25
I think the economy is in a lot of trouble. I don’t think it’s in the right direction yet,” says Todd “Bubba” Horwitz, Founder & CEO of Bubba Trading. In an interview with Daniela Cambone, he criticized the Federal Reserve for manipulating interest rates to benefit banks over consumers and said he wants the Fed to “disappear.” Bubba also highlighted gold’s record-breaking rally, predicting it could reach $3,200–$3,300 by 2025 but warned of short-term pullbacks. “I think we’ll see 3000 probably not as soon as you think. I think you can probably look for a little bit of a pullback here in gold… but I think that’ll be healthy and that will attract new money buyers.
00:00 Gold
2:26 Fed
3:25 Consumer debt
3:59 Job market
5:06 Trump’s cabinet
6:42 Gaza situation
8:10 Gold rally
9:39 Sovereign wealth fund
10:30 Eliminating income tax
13:16 Tariffs
15:16 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.