NO RESET... But Gold To $8000 When This Happens | Clem Chambers
Liberty and Finance Oct 13, 2026
Summary
Guest Clem Chambers argues gold is a war signal: prices rise as conflict risk builds and fall when it recedes.
He keeps an $8,000 long-term gold target while warning further downside toward $3,500 remains possible first.
He expects the Fed to resume money printing after the midterms, cutting rates to about 4.5% while inflation runs above target.
He frames the AI infrastructure build-out as an investment cycle unseen since the Second World War that lifts gold, silver, and copper.
Inflation below 10% is painful but survivable, he argues, and governments can hold rates down through financial repression.
Elijah K. Johnson's takeaways
- Top takeaway As host, Elijah K. Johnson interviews Clem Chambers and steers the conversation from gold as a war signal to the $3,500-downside versus $8,000-target scenarios, Treasury yields, oil, and interest rates.
- He frames Chambers' views as contrarian, including that higher oil prices could be good for the U.S. economy, and notes the channel has been closely tracking the 10-year Treasury yield above 5%.