Clem Chambers: The End of Democracy, Oil 'Screaming Buy' Right Now & Gold To Continue To Crash
Palisades Gold Radio Jun 30, 2026
Summary
Chambers expects gold to fall toward $3,500 as the China-Taiwan war premium fades and inflation replaces geopolitics as the main driver.
He argues China's sacked generals show the army resisted invading Taiwan, postponing the geopolitical bid that had driven gold's rally.
He frames the US-China AI race as an energy build-out where electricity is destiny, favoring nuclear, fossil fuels, and grid investment.
He favors platinum and palladium: tiny 200-ton annual supply, Russian and South African production risk, and catalytic converters destroy roughly as much as is mined.
He advises holding 2.5 to 5 percent of assets in physical gold or ETFs through dollar-cost averaging, and avoiding miners he cannot predict.
Key points on Sibanye-Stillwater
- The guest says he owned Sibanye-Stillwater and got out near the top 'by good fortune'.
- Answering a question on platinum and palladium miners, he says precious-metals miners fall even against gold and behave in ways he cannot explain, so he avoids them.
Stijn Schmitz's takeaways
- Top takeaway The host argues WTI near $70 a barrel looks like a 'screaming opportunity' given the commodity-flow disruption, inventory drawdowns, GDP growth and decades of underinvestment.
- He frames the setup for the guest — gold down about 30% from its January peak and oil down about 40% from its March high — and presses on what fills a reserve-currency vacuum.
Elon Musk's takeaways
- Top takeaway The guest notes Elon Musk was expected to dominate the world with Tesla robots, but says Chinese robots that 'do kung fu' have already surpassed the Tesla unit.