Video News/In Focus with Jeremy Szafron

Clem Chambers Says Gold Is Not Done Falling Yet

Clem Chambers, CEO of Online Blockchain and founder of aNewFN.com, says gold and silver may still have further downside before reaching levels where he would begin buying again. Speaking with Kitco News anchor Jeremy Szafron, Chambers said he is looking for roughly $3,500 gold and $50 silver before dollar-cost averaging back into precious metals. Chambers said the recent metals decline reflects a bubble unwind and argued that part of gold’s selloff came from the fading China-Taiwan war premium. He also discussed the liquidity risks facing physical silver holders, AI-related capital rotation, and opportunities in UK technology stocks as takeover activity increases under new Prime Minister Andy Burnham.

Guests: Clem Chambers
Source: Kitco News
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