Gold & Silver Bloodbath: Lower Prices Ahead? | Tiggre & Innecco

Liberty and Finance Jun 26, 2026

Summary

Tiggre booked realized gains while gold went vertical and holds cash, arguing selling into euphoria is discipline, not bearishness.

Both guests read the washout as a correction inside a larger bull, though Tiggre admits the chart is starting to resemble 2011.

Markets flipped from pricing rate cuts to hikes; if the hawkish-Fed narrative proves wrong, Tiggre sees metals weakness as opportunity.

Innecco keeps 90 percent of metals exposure physical, treats bullion as savings rather than speculation, and adds on drawdowns.

Tiggre's top trade now is oil: post-Strait repairs and reserve refills could shock prices higher, with uranium and tungsten next in line.

Top takeaway Innecco is long-term bullish on gold and silver because the debt situation is unchanged and the system can only be sustained through more money and credit creation — M2 and the Fed balance sheet are still rising — so he expects currency debasement to continue.
He keeps roughly 90% of his precious metals money in physical metal and 10% in miners, took profit on one or two mining stocks last year, and is still adding because he sees miners as heavily undervalued against both the broader stock market and bullion.
He reads gold's late-2024 break above the 1980-2011 logarithmic trendline near $2,700 (silver clearing $50 a year later) as a new paradigm: a bigger correction may come, but at a much higher level, with about $3,500 possible — and he expects recovery far sooner than the 11-12 years it took after 2011, perhaps later in 2026 or next year.
He says he bought physical gold when it dipped below $4,000 the day before this June 26, 2026 discussion, as he did in March after a $400 one-day drop, and tells viewers the time to buy is when conditions feel worst and to take profit in miners when they feel best.
He thinks fear of a hawkish Fed under Kevin Warsh is overblown: in the 1970s gold went from $35 to about $900 while 10-year yields reached double digits, he considers official CPI and PCE heavily doctored, and he argues a drop in oil would not end the debasement he sees as the real driver of metals.

Top takeaway Tiggre says he sold his gold and silver mining stocks into the vertical run to book realized gains, and as of this June 2026 discussion he is a long-term bull sitting on cash, waiting for the next chance to buy low.
He argues the market's flip from pricing Fed rate cuts to rate hikes may be a mistake — the anticipation of hikes has historically hurt gold more than the hikes themselves — and he wants cash ready if that mistake puts metals further on sale.
His top near-term opportunity is oil: with the Strait of Hormuz back to roughly 40% of normal traffic and crude down from triple digits to below $70, he sees damaged infrastructure, demining and the need to refill strategic reserves as reasons the market has not yet over-corrected, and he is watching a shopping list without having bought.
He notes the 2026 gold chart looks scarily similar to 1980 and 2011, keeps a base case of correction and consolidation followed by a bigger move higher, and would treat a roughly 50% drawdown to sub-$3,000 gold as a no-brainer buying opportunity.
On other commodities, he favors uranium stocks most — saying it would take a Chernobyl-scale event to derail the thesis and he would buy more uranium if he had to put cash to work that week — while calling copper not especially cheap.

Top takeaway The host observes that viewer sentiment is deeply depressed after six months of falling prices, even though gold and silver still trade well above where they stood a year earlier.
He presses the guests on where the market may be mispricing things — the new Fed chair's hawkish turn and oil after the Strait of Hormuz disruption — and asks what would confirm a bottom in the metals.