Clem Chambers: Huge Upcoming Print Will Drive Gold & Silver Higher
VRIC Media Sep 9, 2026 44:12
Summary
The guest argues Treasury bond buybacks — not the Fed — are now acting as a floor under US equity markets.
The guest expects the dollar to weaken over 2-3 years as debt growth outpaces GDP, lifting gold and silver.
Reshoring US manufacturing and the AI build-out will require massive new money creation, which he argues is inflationary.
He notes only about $10T of the roughly $40T US national debt is owed to foreign holders — the rest is owed domestically.
V-shaped rebounds after the tariff tantrum and the Iran flare-up are evidence, he says, that Treasury is already intervening.
Darrell Thomas's takeaways
- Top takeaway The guest argues we are now witnessing a new paradigm, a Trump put — and frames the interview around the Treasury's announced Sept 9 doubling of long-duration bond buybacks (from $2 billion to at least $4 billion) as evidence Washington has found a new way to floor markets outside the Fed.
- Points to the recent Fed rate-decision vote tally (nine in favor of holding steady versus only three voting to hike) as evidence that even Powell's hawkish tone does not command a majority of voting officials.