Kitco NEWS

← Kitco NEWS7. Okt. · 1 Std. 05 Min.

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

After the Midterms the Fed Starts Printing and Gold Will Grind Higher, Clem Chambers Warns7. Okt.1 Std. 05 Min.

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-coll...