Liberty and Finance, Released on 1/11/24

The banks are too over leveraged, says Todd “Bubba” Horwitz. “You cannot borrow your way out of debt. The more you have to borrow, the more leverage you are taking on,” he says, “and eventually that leverage has to bust.” He discusses what he expects will happen if the banks go bust and how it may impact the depositor.

0:00 Intro
1:09 Banking system
2:58 Let the banks fail
4:54 Commercial real estate
6:52 Jobs market
10:22 National debt
11:45 Presidential election
12:50 Rate cuts?
14:11 Market crash
15:51 Gold & silver
18:18 Bubba Trading
18:34 Last thoughts
18:48 Weekly specials

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.

  banking system, gold, silver, todd horwitz