Gold Bottom Is In? What Happens Next | Todd "Bubba" Horwitz
Liberty and Finance Jul 7, 2026
Summary
The guest argues gold's bottom is in near $4,000 and silver's near $55, urging investors to hold through further dips.
He expects a 40 to 60% stock market haircut, starting with the MAG7 and AI stocks he credits with building the bubble.
Lower highs on the NASDAQ and S&P point to lower prices ahead, though not necessarily tomorrow, in his view.
He sees markets pricing two rate hikes this year, with rates rising toward 6% potentially kicking markets lower.
Investors should commit only money they can hold without panic if prices fall further than expected.
Todd Bubba Horwitz's takeaways
- Top takeaway Horwitz's top call as of the July 7, 2026 discussion: the bottom is in for gold at around $4,000 and for silver at around $55.
- He advises investing only money you can afford to commit and not panic-selling if prices fall a little further than expected.
- He expects a 40-60% haircut in equity markets, starting with the MAG7 and the AI stocks he says built the bubble.
- He points to the NASDAQ and S&P making subsequent lower highs from their original highs as a sign that lower prices are coming over time, though not necessarily right away.
- He notes markets are pricing in two rate hikes this year and believes the 10-year going to 6% could be the catalyst that knocks equity markets down.