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I'm Not Selling Silver...Yet | Clem Chambers

Liberty and Finance Jan 3, 2026

Summary

Clem Chambers is sitting on a triple-bagger silver position; sees logic to $120-$200 but flags risk above $200, will sweat again at $80.

Gold thesis is geopolitical: central banks stockpile as a strategic reserve ahead of US-China conflict; Chambers targets $5,000 and sees it lifting silver too.

A 'print-a-thon' to fund AI and re-industrialization will drive moderate inflation (3-5% on the surface, 6-8% underneath), supporting precious metals without runaway CPI.

Copper is the standout hard commodity -- supply too thin for AI transformers, electrical cables, EVs, and humanoid robots; aluminium and energy will follow.

AI is not a bubble for Chambers: 'artificial brain,' a productivity transformation on par with the steam engine, justifying today's investment despite a near-term wobble.

Elijah K. Johnson's takeaways

  • Top takeaway The host argues conviction matters most — echoing Jim Rogers, he says investors must know why they hold a position given today's "crazy" markets, especially in precious metals.
  • The host calls oil "incredibly undervalued" at under $60 a barrel, drawing a parallel to platinum's chart pattern around the 2022 Ukraine war breakout.