Description
Lobo Tiggre is holding the biggest cash position of his life, roughly 80%, and even after gold's correction, he still isn't buying.
Speaking with Kitco News at the Rule Symposium 2026, the Independent Speculator publisher said his system triggered a broad sell into the rebound after gold's peak, not at the top, and not in January as is often assumed. That left him "locked and loaded" for the next cyclical low, and unmoved by gold near $4,000. "Less high is not low," he said, noting the miners were built on sub-$2,000 gold and are "printing cash" today.
His base case is "a period of correction consolidation" before the next move higher, which he stresses is "my expectation, not my prediction." But he won't rule out a deeper fall: a drawdown like 2011 or 1980 would drop gold into the high $2,000s, and "if it drops under 3000, I'm just buying."
Until then, he's not buying gold or silver stocks. Copper is his highest-conviction trade, but at "six and change" he's waiting for an AI-driven pullback. Last week he made his first stock purchase in months, an oil name, while uranium, already his largest position, sits below its long-term contract price, setting up a potential "snap move up."
Recorded July 09, 2026.
Special thanks to our sponsor, Aris Mining, for making this coverage possible. To learn more, visit: https://www.aris-mining.com/
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00:00 - Conference Intro
00:43 - Why He Sold Into Strength
02:31 - 80% Cash and the Discipline Behind It
03:11 - Why Gold Isn't Low Yet
04:19 - Correction First, Then Higher
06:41 - The Copper Gift
07:50 - The Copper Trade He's Waiting to Buy
11:27 - Buying Oil: His Shopping List
14:12 - The Uranium Catalyst to Watch
18:25 - What Disciplined Speculation Means
20:54 - Hype Cycles and Spotting Bottoms
25:00 - Why Cash Is King Right Now
#Gold #Copper #LoboTiggre #Uranium #KitcoNews
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