Name: Major Crash Starting For Gold, Silver? What's Next After Biggest Drop In Months | Lobo Tiggre
Uploaded: 2025-10-19T18:43:20+00:00
Duration: 2896 s

Speakers

Lobo Tiggre — Founder, The Independent Speculator

David Lin — Founder & Host, The David Lin Report / ex-Anchor, Kitco News

Summary

Lobo Tiggre discusses the sharp Friday sell-off in gold and silver, arguing it does not necessarily mark the end of the precious-metals bull market but reinforcing his view to lock in profits with ratcheting stops. He sees silver's spike as partly driven by a London physical squeeze and says $50 is not a guaranteed floor, while remaining bullish on the longer-term monetary-metal thesis. He is most confident in copper's supply-constrained bull case, and also favors uranium, oil, platinum, and physical bullion for insurance. He is closely watching gold miners for signs of leadership divergence.

Gold and silver sold off sharply after record runs; Lobo remains long-term bullish but urges profit-taking.
Silver's move above $50 was helped by a London physical squeeze/backwardation; $50 may not be a floor.
Lobo expects a more sustainable precious-metals bull if silver does not vertically catch up to gold too soon.
Copper is his highest-conviction commodity due to supply constraints and durable AI/electrification demand.
Uranium, oil, and platinum are also presented as bullish commodity theses.
Physical gold/silver bullion is framed as insurance, while miners are speculations.
Gold miners have not led metals lower, which he finds encouraging and not yet a top signal.
US GoldMining (USGO) is featured in a sponsored segment.

Ideas

Lobo Tiggre Founder, The Independent Speculator 3:57

Long gold, but lock in gains.

Lobo is long-term bullish on gold because of money printing, central bank buying, global reallocation to gold, geopolitical and physical security risks, large deficits, and his view that gold is signaling higher inflation ahead. He is not selling or calling a top, but with gold above $4,000 and after a sharp rally he stresses taking profits and using a ratcheting stop-loss/upside maximizer because a 2011-style peak is possible, though not his expectation.

Lobo Tiggre Founder, The Independent Speculator 7:46

Bullish silver; $50 not the floor.

Lobo is bullish on silver as a monetary and safe-haven metal that is tracking gold again and is relatively cheap versus gold, with investors looking for alternatives to expensive gold. Near term, silver's spike above $50 and to $54 was helped by a London physical squeeze/backwardation; he says $50 is not necessarily a floor because the squeeze could resolve and silver could revert or correct more than gold. Still, the strong close above $50 and lack of a cascading selloff is encouraging, and he expects to remain a bull for years.

Lobo Tiggre Founder, The Independent Speculator 19:51

Own physical bullion as insurance.

Lobo separates bullion from mining stocks: gold and silver mining stocks are speculations, but physical gold and silver bullion are held for prudence and insurance, as physical wealth with no counterparty risk. He personally holds physical bullion and views it as a long-term store of value rather than a trading vehicle.

Lobo Tiggre Founder, The Independent Speculator 25:16

Platinum cheap alternative to gold.

Lobo says platinum is part of the alternative-metals bid. It is rarer than gold and historically has been more expensive, but it has been cheaper than gold and remains well below its all-time high, so investors seeking alternatives to an expensive gold market are drawn to platinum along with silver.

Lobo Tiggre Founder, The Independent Speculator 32:02

Most bullish copper on supply/demand.

Lobo is very bullish on copper and says it is the commodity he has greatest confidence in. Supply is highly constrained while demand grows from AI/data centers, electrification, EVs and hybrids globally, population growth, and housing wiring, with no near-term substitute. Tariff-related chart noise and economic uncertainty may create a near-term buying opportunity; he has been accumulating cash to rotate into copper and intends to buy aggressively even if the timing is imperfect.

Lobo Tiggre Founder, The Independent Speculator 34:53

Bullish uranium like copper, accident risk.

Lobo likes uranium for the same supply-constraint and necessity case as copper: it is used for base-load power, demand is necessary, and historically uranium has often risen even in recessions. The key difference versus copper is event risk, because a Chernobyl-scale accident could severely damage uranium equities.

Lobo Tiggre Founder, The Independent Speculator 35:27

Bullish oil; hated, capital-starved sector.

Lobo is bullish on oil, mostly oil rather than gas, at some point going forward. He agrees with the idea of buying hated sectors: oil is starved of capital, and that sets up higher prices. He notes oil is more economically sensitive and faces voluntary supply constraints, so the timing is less certain.

Lobo Tiggre Founder, The Independent Speculator 44:10

Miners not leading lower, encouraging.

Lobo finds it encouraging that gold/silver mining stocks have not led the metals lower after the sharp selloff. In 2011, miners led the top by months, but this time the stocks are not showing alligator-jaw divergence from the metals, suggesting the precious-metals bull market may not have peaked and it is not yet time to worry. He still favors taking profits/locking in gains in mining winners.

Major Crash Starting For Gold, Silver? What's Next After Biggest Drop In Months | Lobo Tiggre

Summary

Ideas

Up Next