Liberty and Finance, Released on 7/6/24
Gold and silver have been under pressure and are “ready to move,” says market trader Todd “Bubba” Horwitz (https://bubbatrading.com). He believes prices are heading much higher and silver will likely outperform. Bubba is also bullish platinum, noting its historic undervaluation relative to gold. Banking issues, political turmoil, and inflation are likely to be among the factors pushing metals higher.
0:00 Intro
1:27 Gold rally
2:07 Silver update
2:40 Political uncertainty
4:41 Major pullback
5:35 Interest rates
7:14 Banking system
10:20 Inflation
13:43 Platinum & precious metals
19:19 Bubba Trading
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.