Video News/In Focus with Jeremy Szafron

Clem Chambers says the historic ten-hour CME blackout should not be treated as a conspiracy, calling the shutdown “noise” and a sign of systemic fragility rather than anything deliberate. Speaking with Kitco News Anchor Jeremy Szafron, Chambers pointed to “single points of failure” across market infrastructure and argued that incompetence poses a bigger risk than manipulation. He also validated his “Crypto Winter” call after exiting Bitcoin at $100,000, noting the sector is full of “jokers” and that “casualties” are inevitable as liquidity drains. Chambers believes the real opportunity now sits in silver, arguing that a “Retail Juggernaut” rather than central banks is the force driving the market toward his $100 target. He also laid out his highest conviction theme, the “AI Energy Supercycle,” warning that the AI arms race will “boil the oceans” in search of power and turn abundant assets like copper, silver and platinum into scarce “luxury” goods. The interview outlines his view of the shifting landscape across crypto, commodities and energy.