After the Midterms the Fed Starts Printing and Gold Will Grind Higher, Clem Chambers Warns

Clem Chambers tells Jeremy Szafron the money printing starts after the midterms, interest rates fall sharply, and gold grinds higher. The ADVFN founder explains why the AI boom has only just begun, why it's running short of power, and who pays for it. Chambers says the AI race is now a race for electricity and copper. He expects the Fed to wait until after the midterms before the money starts flowing, sees a short-term blip for gold before a long-term grind higher, and explains why blue-collar workers could be the biggest winners of the build-out. He also covers China, the information war, Europe's energy crisis, Brazil, Bitcoin, and why investing while anxious, fearful or angry is a costly mistake. This interview was recorded on October 5, 2026. Follow Jeremy Szafron on X: @JeremySzafron (Twitter: JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (Twitter: KitcoNewsNOW) Follow Clem Chambers on X: @ClemChambers (Twitter: ClemChambers) Chapters: 00:00 AI's Power Bottleneck Is Already Here 01:31 Why Chambers Says the AI Boom Has Just Begun 07:39 Why America Will Print Money to Win the AI Race 09:53 Why AI Will Need Every Source of Energy 11:26 China vs. America in the AI Race 14:02 Propaganda and the New Information War 16:32 The "Boring" Winners Behind the AI Buildout 23:47 AI Is Heading Toward a Copper Crunch 27:05 Gold, Inflation and the Coming Reflation 30:17 Fed vs. Treasury: Who Controls the Money? 33:46 Economic Growth vs. Bigger Government 36:04 Europe's Energy Crisis vs. America 40:04 Middle East Risk and the AI Market Outlook 45:24 Brazil, Argentina and When Money Votes 50:01 Is the Treasury Acting Like a Central Bank? 52:27 Bitcoin, Wall Street and Money Printing 56:17 How Fear and Propaganda Hurt Investors 58:51 Diversification, Risk and What to Do With Cash #ClemChambers #Gold #AI __________________________________________________________________ Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US: X: https://x.com/kitconewsnow Instagram: Instagram: kitconews Facebook: Facebook: KitcoNews LinkedIn: LinkedIn: kitconews Listen to the PODCAST on 🎧 Spotify: https://open.spotify.com/show/1My4Wgt... 🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast... 🎧 All podcast episodes available here → https://kitconews.buzzsprout.com Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights. Live gold price and chart: https://www.kitco.com/charts/gold Live silver price and chart: https://www.kitco.com/charts/silver Live crypto market data: https://www.kitco.com/price/crypto Learn more about Kitco News: https://www.kitco.com/news/about/ For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: https://www.kitco.com/advertising Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.