Gold’s ‘Stupid Cheap’ Price Level Revealed; Lobo Tiggre On Next Buy Signal

Summary

Lobo Tiggre expects gold to correct and consolidate before its next big up move, and would turn aggressively bullish if gold drops below $3,000. He sees a strong oil rebound in the second half of 2026, views uranium as a high-conviction long with a snapback in spot prices, and remains long-term bullish on copper while waiting for an AI-driven or war-driven sell-off to add. He also highlights an oil-vs-copper pair trade for 2026 and notes that gold mining stocks are mispriced relative to high gold prices, creating speculative opportunity.

• Gold is in a correction-consolidation phase, but the next major move is expected to be up.
• A drop in gold to sub-$3,000 would be a 'stupid cheap' buy signal for gold and gold stocks.
• Oil is forecast to rise significantly in H2 2026, with oil stocks already looking relatively cheap.
• Uranium spot price is due to snap back above long-term contract levels, making uranium stocks a strong buy now.
• Copper is a long-term favorite; a sell-off from AI unwind or war escalation would be an ideal buying opportunity.
• A war-driven pair trade of oil vs copper is presented, with opposite moves depending on geopolitical developments.
• Gold mining stocks are generating good margins at $4,000 gold but sentiment is bearish, offering a value opportunity.
• The broader macro outlook is shifting from war headlines back to Fed watching, with uncertain monetary policy impact.