Kitco News, Released on 6/9/26

Tech, gold, and silver are plummeting together today in what 40-year veteran floor trader Todd “Bubba” Horwitz calls a “100% margin call.” In this interview with Kitco News, Bubba breaks down why the simultaneous liquidation across safe havens and risk assets is a warning sign of a system-wide flush. He explains why the massive $2.3B insider liquidation at AI giant CoreWeave is a distraction from the real structural rot in the economy, warning that true unemployment is already sitting at 8.5%. While Bubba forecasts an eventual 40% to 60% market crash, he explains his exact options strategy for staying long the market, the specific tickers he is accumulating today, and his exact buy levels for physical silver as the washout continues.

0:00 – The Tech & Gold Margin Call
1:23 – The $2.3B Insider Tech Liquidation
3:00 – Are Mega-Caps Exhausted?
4:10 – SpaceX, Private Markets & Liquidity
8:45 – CPI, Oil, & Macro Escalation
10:30 – The 8.5% Unemployment Reality
12:45 – Debt & The “Keynesian Rot”
15:30 – “100% A Margin Call”
18:40 – Silver’s Washout & Exact Buy Levels
23:15 – Exact Stocks Bubba is Accumulating Today
26:45 – Options Strategy: Hedging the 60% Crash

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.

  gold, investing, market correction, silver, stocks, Todd ‘Bubba’ Horwitz