$6000 Gold, Silver Past $120 This Year | Todd "Bubba" Horwitz
Liberty and Finance Feb 4, 2026
Summary
Bubba calls a brand-new gold and silver bull market, projecting gold to $6,000 and silver past $120 within months.
Silver's 36% one-day crash was a parabolic blow-off that should consolidate sideways before the next leg higher.
Markets trade at 306% of M2 money supply — a level only seen at the dot-com peak — which Bubba reads as the cleanest leading signal of a sharp equity sell-off.
Investors should set exits before entries, avoid over-leverage, and write down why they own each position so volatility does not shake them out.
Bubba is bullish grains, sees stagflation risk from AI-driven management job losses, and considers cattle overpriced.
Kevin Warsh's takeaways
- Top takeaway Bubba hopes Warsh would let free markets decide interest rates rather than continuing Fed rate cuts
- Viewed as the most hawkish of the candidates Trump was considering for Fed chair
Rick Rule's takeaways
- Top takeaway Cited by Elijah as a model for writing a detailed thesis essay before buying
- Holds through volatility as long as the original reasons for the investment have not changed
Elijah K. Johnson's takeaways
- Top takeaway Endorses disciplined, thesis-driven investing, citing Jim Rogers advice to only invest in what you actually know
Todd Bubba Horwitz's takeaways
- Top takeaway Sees the start of a brand new bull market — expects gold to reach $6,000 and silver back to $120 in the front half of 2026
- Believes metals are being driven higher by massive US debt, persistent inflation, central bank and government buying, and fiat currency erosion
- Flags that equity markets sit at 306% of M2 money supply — never seen before except the dot-com bubble — warning of a possible 50% haircut
- Warns metals will stay extremely volatile for weeks; advises picking entry and exit points in advance and avoiding leverage
- Sold some silver at $100; advises being pissed off about foregone gains rather than chasing tops