Gold Market Warning: Why I'm 80% Cash Right Now | Lobo Tiggre

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/Disclaimer:  The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.