Lobo Tiggre, founder of the Independent Speculator, joins Jeremy Szafron on Kitco News to dissect the massive volatility in the silver market following a 15% drop and viral rumors of institutional failures. Tiggre addresses the “Mr. Slammy” manipulation theories, arguing that if this was an attempt to crash the market, “he failed spectacularly.”
Tiggre breaks down the disconnect between record metal prices and mining equities, noting that producers are now “literally printing cash” yet remain unloved by the “big money.” He explains why he believes a period of consolidation is preferable to a “blow-off top” and why “taking profits is not evil.”
Looking ahead to 2026, Tiggre reveals his top investment picks, favoring copper and uranium over gold and silver for the coming year due to the theme of “fiscal dominance.” He also issues a warning about jurisdictional risks in Mexico and the potential impact of an AI bubble bursting on industrial metals.
Recorded: December 30, 2025
Follow Jeremy Szafron on X: @JeremySzafron (
Follow Kitco News on X: @KitcoNewsNOW (
Follow Lobo Tiggre on X: @duediligenceguy (
This Outlook 2026 episode is sponsored by Discovery Silver. Discovery is combining high-quality gold-producing assets in Canada with one of the world’s largest undeveloped silver deposits in Mexico. Learn more at ()
00:00 Introduction and Market Overview
00:24 Reality Check on Viral Claims
00:54 Focus on Miners and Market Stress Test
01:34 Market Reactions and Speculations
02:08 Understanding Market Volatility
03:26 Silver’s Performance and Future Outlook
07:41 Market Manipulation and Investor Sentiment
11:19 Investment Strategies and Market Discipline
21:08 Evaluating Share Buybacks and Margin Expansion
22:27 Market Predictions and Cost Implications
23:04 Valuing Mining Companies: Spot Prices vs. Long-Term Projections
26:55 Investment Strategies for 2026
30:46 Jurisdictional Risks in Mining Investments
33:26 China’s Policy Shifts and Their Impact on North American Miners
35:54 Top Metal Picks for 2026: Gold, Silver, Copper, and Uranium
#silverprice #Gold #LoboTiggre #MiningStocks #Copper #Uranium #Economy #Investing #KitcoNews #FiscalDominance
__________________________________________________________________
Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage.
FOLLOW US:
X:
Instagram:
Facebook:
LinkedIn:
Listen to the PODCAST on
🎧 Spotify:
🎧 Apple Podcasts:
🎧 All podcast episodes available here →
Visit: for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.
Live gold price and chart:
Live silver price and chart:
Live crypto market data:
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at:
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.
source
46 Comments
"Mr. Slammy" failed? Silver dropped 15% in a single session, but Lobo Tiggre says if it was a manipulation attempt, it failed spectacularly.
The Question: Do you agree with Lobo that this was just a leverage flush, or do you believe the "Paper Silver" market is still being rigged to suppress the price?
Let us know your thoughts below.
If anyone knows anything about the Zimbabwean currency, 10 trillion dollars is nothing, so saying silver to $2,000 USD is meaningless if the value of the currency has left
Are you Kitco ass hats still trying to help Crimex smash it down 😂😂😂😂😂 keep trying. You’ve lost this battle in the end . You all need to be in prison .
I think that Rafi may be the next Jesus. 🎉
Great info!
Does Lobo wears a freemason golden ring or did I see wrong😮
The Communist Thieves who robbed Venezuela of her Oil Industry are now running N.Y.C. Mandami has No legal Citizenship Birthright, allowing him to hold Office . 😮
JPM tried to corner the silver market again. keep it down.
I think he is the only one who calls himself Darth Silver lol😂
Anyone complaining about silver pulling back are newcomers settling in having bought at historic highs. Everyone else is up and happy, anticipating more gains over next several years as the US dollar continues to debase and industrial supply scarcity intensifies.
Who's crying? If your busting getting in at 70 and your down? Go find something something else to buy.
Louis James is the boys name and he equivocates like a politician
Thank you.
This guy – "Lobo Tiggre?" – says he is a "disciple" of Doug Casey?!? I disagree with most of what he's saying here, and he has no prescription other than selling EARLY for profit taking! Well, good luck timing the dips!🤨
Enjoy Lobo’s interviews, but what he’s saying begs the question of whether past market conditions are relevant if what we’re seeing is a revaluation. Thinking out loud.
I honestly think SILVER is the most manipulated market in the HISTORY OF THE WORLD… and it's coming to an end, y'all…😘
The fact that this has happened before doesn't mean it's not manipulation. Manipulation happens all the time. In fact the AI guy predicted it and it predicted it would fail. In fact the manipulation has been going on for a very long time. The price of silver has been pushed so low that the miners have dramatically
decreased production, while demand has grown. If there was a "free market" it would have gradually pushed up prices, the miners would have increased
production and we would not have had the spike we're seeing now.
Lobo was 100% right … he predicted in the beginning of 2024 the gold was going to sky rocket higher that year … he made a big formal statement about it …
Is West Red Lake Gold Lobo Tiggre’s Top Pick for 2026?
Consolidation is important. Silver will never be a Fad. It’s a Critical metal.
Silver has been held back for years, it will rocket now. Supply/Demand is about to hit a wall.
Hello from Indiana. Thank you for discussing the a I guy. I found your guess YouTube channel I subscribe.
The CME still has ammo in its arsenal and they have to rescue their short silver banks buddies. They will get it back to 50 no doubt even while the premiums, lease rates and shanghai prices diverge to hell. Once the shorts are freed look out above
This is reminiscent of 1980, Hunt Brothers (2.0).
Silver has a 5% better conductivity than copper. 5% on 3oz in 1 tesla equates to $4. Silver will crash
Only the paper- silver could be manipulated the physical thing is bound to go up because of the fact that AI, Solar and EV can not excist without silver and there is already a huge shortage. Thats why China prohibits export of silver, they know the next decades are al about who has the metals has the markets. Its nolonger about having metalls on paper its about having the physical stuff in your storages. If you dont have it you dont own it.
Miners do forward selling. Spot prices don’t affect the Miners revenue immediately.
Interesting discussion 👍
Silver has been a wild one for almost 50 years, with crazy price swings.
Awesome Interview
Very meaning full
I am
Starting to be a fan
Thank you
Respectfully
Instead of doing a lot of speculating about fundamental reasons of price mives, one should take into account the small size of the silver market. Buying say 1/10 of yearly silver production which would have considerable impact on prize, just costs about 7 billion. Peanuts for a coalition of bigger fonds or countries like india or china. And compared to tech stocks, all silver miners together have a ridiculous market cap, so easy to move for big hedge fonds. They just move from one playground to another. Crypto is out, metals are in. For a while.
Silver charts mean nothing it's been manipulated for decades.
We keep stacking regardless. til the cupboards are bare
It was a fiscal sell off
Tigger is oblivious on Mexico.
If you never sell you'll never make any money,so why do u buy?😊❤
Great guest
It's the clamor of the hammer banging down on the spammers.😊😅❤
“Irrational Exuberance!” Great Alan Greenspan immitation!
Investing in Kleptocracy is the past, present & future.
This dude gets annoying. Constantly repeating himself
Given that Comex has now come in with a second wave of suppressive actions it is pretty clear they are desperate to manipulate price. They tried and the price of silver still bounced back up. But if they can't get it below 50, they and their commercial short holding buddies are going to be hurting. Now more than ever we know they are afraid of not being able to meet physical delivery/demand. They can temporarily drop price but come Spring the Trump dollar printing is going to go ballistic with the new Fed Chair he appoints. Spending will jump with midterms coming and Gold and Silver and a narrow band of stocks will be the obvious refuge from increasingly worthless fiat paper.
Gold is wealth preservation. Silver is an industrial essential. Holding positions are quite intelligent. Paper is being washed out. Physical silver is the winner.
Slammy is winning today too
Silver getting destroyed today cause the big boys don't play games
I remember that Black Thursday January 1980 with silver heading towards $50 and buying silver at Blackburn & Blackburn in Carmel, CA….yes it makes you cautious after the Hunt Bros. effort to corner the market. Interesting discussion.
My local dealers want nothing to do with junk silver. They just aren't buying. They say backwardation has occurred and they can't move junk silver. They even say that it is being melted down.