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  I'm Charlotte Mloud with investingnews.com and here today with me is Clem Chambers, CEO of a newfn.com. Thank you so much for being here. Great to have you back once again. >> Great to be back and um so much has happened. >> So much has happened. I was checking back. It looks like the last time we spoke was at the beginning of December. So, when it comes to gold and silver, we've got a lot to go into. I was watching before this interview some of your recent videos. So, when it comes to

gold and silver, it sounds like you've been making a lot of moves. If I'm getting this correctly, it looks like you've sold your physical gold and gold ETFs. I believe same for silver as well as silver stocks. So, that that is quite significant. I wonder if you can start us off by talking about when you made those moves and how you made those decisions. >> Okay. So, first of all, I think the best way of putting it is is you know, gold and silver's gone up and it's not that

I've made a lot of moves is I've made a lot of money. And that's the game we're playing after all. And so, I don't mean that as a flex honest. I mean that as you haven't made any money until you've taken your profit. Now, a lot of people confuse their positions with their self-worth, and I don't do that. So, if I see something that's really cheap and I believe it's going to break out, I go long. And sometimes I go very long. And in this case, I went very long. Not really like

me at all to go as long as I went. And I'm a diversified portfolio of risk kind of guy. So, I'd normally have 40 stocks spread all over the map, all over the world, all over the different types of opportunities. But I think I must have had 50% of my portfolio in precious metals, which is absolutely suicidal almost. But sometimes, very rarely, you go, it's not all in, it's half in, but you go you go in with with your boots on. And precious metals has been that situation for me. And I've been talking

about that ever since gold was under 2,000, which is not that long ago. And you know, I spoke on your show before it all blew up. I was going, "Oh, gold. Ah, silver. Oh, platinum palladium. A and basically they doubled and tripled. Now the trick is to take your profit up like a rocket down like a rock if you're not careful. Now what happens is because people have been right they and they want to be more right and they want they've made you know double their money or maybe triple. They want to make

quintuple you know dextruple or whatever loop you they want to make. They just confuse the world with their dreams. So they stick around and then oh it's it's gone down. I don't understand. I don't understand. And and a lot of people have said that. So when it hit 90 I started to get out of silver for example. And I got out between 90 and I think either 110 or 105 I can't really remember because I I don't really bother about these things. I I don't kind of write it all down to

the nearest decimal point. I go I think I should get rid of some now. and I get rid of some and they go, I feel better now. Oh, I I'll get rid of some more at the next $5 up. In fact, I was selling with my physicals. And the platform said, no, you can't put in limit orders at that level. That's too far away from the current price. So, I was unloading in such a way that I was getting removed from 50 to about 105. And it wouldn't let me get out at 105. It wouldn't actually let me get out of 100 until it

got to like 92. So I just moved out and went to cash because up like a rocket down like a rock and and people should remember this. If you are fortunate enough, clever enough to make a fat profit, you should take it. You should take it because there's always another bus coming along. So I took that and then you know when I started writing about this in Forbes, I don't know nearly 2 years ago when it was wherever it was 1800 2000 something like that. I said, "Oh, look at this. This is

breaking out. This is going to go well. I'm drawing magic lines on my magic chart with my Crayola. It looks like four and a half thousand. It looks like five. Well, actually looked like three and a half to start off with and after it started to move, I looked at it again. Hold on a minute. This looks like four and a half. Looks like five. And then when it was getting up towards four, it started to look like eight maybe. So, you know, I'm going, "Oh, this is nice." So, anyway, it goes up

there, hits five and a half, and starts to hesitate. And I'm going, "Oh, hold on a minute. You said four and a half all those months ago. What's my riskreward? Well, if gold goes to $10,000 an ounce, I probably need to buy a bunker, a nuclear fallout bunker with it. Um, and I don't think that's going to happen. It could happen, but I don't think it's going to happen. And I started to think, no, I've had enough. I've made enough money, and that's a lot of money, and I've made enough. And, you

know, bulls get fed, bears get fed, pigs get slaughtered. That is the the stock market phrase. And if you get greedy because you've been right and you confuse a bull market with your brains is another stock market phrase which means you think you're smart. Well, maybe you are, but you bought a bull market and the bull market is what makes you look good. It's like um I'm going to appear a little bit um oldfashioned here. It's like going into a restaurant with a very beautiful woman. She makes

you look good. She makes you look attractive, but it ain't you. Yeah. And a bull market will make you look smart, but don't ever believe it. When you go into that restaurant with that beautiful girl, you're still an old guy with a big belly and, you know, white hair that looks like it hasn't been cut for a year. You know, don't confuse your brains with a bull market. So, when I'm looking at a big big big fat profit, which you know, 2,000 under up to um five and and my physicals it was a

triple. It was like one into three. I'm going I've had enough old pilots and bold pilots, but there are no old bold pilots. So, that's what the the young bold pilots should remember. Yeah. And now there's another bus coming and you know it could be platinum. It probably is. I mean it's a double on that since I spoke to you last. It could be played in was a double on that but it could be more. I believe it will has a good chance of going to the same level of gold. Hopefully gold won't go to 2,000

but I think it will probably hang around where it's going and it might even start to grind up. So platinum palladium hold on to that. And what's next? What's the next bus that's coming? Now, where when I was a child in England, buses have numbers on the front. I don't know where they do in America or Canada, but you know, there's a number 67 bus and there's a number 59 bus. And you go, "Oh, 59. That's the one that goes to the town I want to go to." But there's

always another bus coming. And we've ridden the number five bus, which is the gold bus, and we've ridden the number seven bus, which is the silver bus. But what's the next bus? Well, the next bus is copper, and it's cheap as chips. Well, it's not. is at an all-time high, but in comparison where it's going to be is cheapest chips and what's the bus after that? Oil. It's pretty obvious when not so obvious. Directions easy. Timing much more difficult. Yeah. So, what do you do? You go, "Thank you very

much, silver. I love you. Bye, gold. Yeah, you were great. You were great. I enjoyed you very much. Thank you very much. Bye." And there's people going, "Oh, but why would you want fear?" Oh, well, you know, because because I buy my Rolexes with fear, funny enough. And um unless I go to Dubai, I don't I can't buy them in in crypto or or gold for that matter. I think I can't even buy them in gold. Have to turn it into crypto. Um or fear. Sorry, I made a slip there. Fear. And I like fear. Yeah, it's

going to go down 4% in the next year. Oh, and probably four the next year after maybe six year after that. I don't care. What do I care? I can make nine. I can make 10. I'll make 20. goodness knows how much I've made this year. I know, but I won't embarrass anybody by saying, you know, massive percentage return. This is I think we've had a pretty much a one-off year and I don't expect to make the sort of returns I've made this year. But if anybody doubts that I've made big returns, they can

just look at the last set of six months of videos where I'm going, "Oh, it's going silver's going to 10 $100 an ounce. I said that it went $100 an ounce." Funny enough, I kind of sold out about there. Oh, where's it now? 79. Yeah. So anyway, there's always another bus coming and that bus is going to be copper and that bus is going to be oil. When I don't know, but I'm I sit there. I'm I'm like a crocodile. I just lie on the mud flat. Well, actually with my

mouth shut normally and waiting for it waiting for the wilderbeast, dead wilderbeast to float by and then I'll jump out and I'll eat it. I can just lie on that mud as long as it takes. I'm in no hurry. Don't get in a hurry. just lie there, wait for the opportunities. There's so many out there at the moment. So many. There's only one problem and that's some, you know, the market might take a big wobble because of various, you know, unpredictable people and situations out there. But if that

doesn't happen, and even if it does happen, there's so many opportunities out there. >> Okay. I think that's given us so many different directions that we can go in. I want to just briefly follow up on gold and silver. So, I'm curious, do you think the price runs in gold and silver are over at this point or for you, is it more that you're satisfied with the gains that you've had? And also, you mentioned the platinum, possible platinum opportunity. So, I wonder how you are positioned in the precious

metals at this point. >> Okay. I've got I've got no silver. I probably got some down the back of a chair somewhere or I'll pull a drawer out and there'll be a few kilos in there by accident, but I've got no material silver. Okay, I've got out of that. It did its thing. Thank you very much. Goodbye. Right. You see, that's how I look at this. I don't care whether it's going to go to 200 now. I don't want to go back. I'll wait for the next bus. I'm not

going to run after the bus that I just exited. Nice exit. Thank you very much. Gold. Well, I I hold a candle for gold. I I I do. But I think the the what was driving it gold is for war. Okay. what was driving it has gone back in time because in China, President Xi has had a bit of a a dust up with his generals. And it's a bit like the reporting that they're making about Trump and going doing some stuff in Iran. The generals are going, "No, no, no. Oh no. Do you realize? Oh no, no, no. Oh, can we put

that off a bit? Oh no." Yeah. So the Taiwan situation which was going to be May next year, maybe May the year after or maybe maybe never or maybe who knows what because he hasn't got he he didn't get buy in from the PLA the People's Liberation Army and had to sack the top brass to you know put lay down that he was in charge. Well, that's probably great news for everybody apart from it's not necessarily great news for gold at 10,000. Yeah. And probably it sits around here and reacts to what develops

because, you know, I I don't I don't work for the CIA. I don't know what they're doing. And I don't work for the, you know, the Chinese intelligence services. I don't know what they're doing. I don't, you know, I don't know what the Russians are doing. I don't know what MI6 is doing. I don't know any of those guys. there's enough of them working on this stuff that that information dribbles out and therefore it is in the price. It might not be it's

on my chart but not not you know not as text. is just as a little line that goes ticky ticky tick and what I see is gold well first of all the the volatility volatility say intraday volatility that big bar the bigger the bar the less the market knows what the devil's going on it's going I don't know help me right and when the market knows that bar shrinks down to a very small bar because the market knows yeah and if it knows that things are going to go the way of a higher price it will just go that way

and if it thinks it's going to go it go that way, right? Or if it thinks that things are going to get a little bit more sweaty as the time passes, it will just go like that. And I think that's what you're seeing in gold. I predicted that and now it's seems to be coming to pass. There's been a few bad big days, but it's kind of grinding up now. Silver before it went mad. Well, not mad before the retail juggernaut got hold of it and went, "Ah, I can buy lots of this and I

can't buy much of gold. I'm having this silver stuff cuz that's the future." Yeah. Before that happened, gold and silver tracked and then silver broke away, disconnected and flew up and flew back down again. Whereas gold went up and you know 10% it's not the same as 120 to 70 is it? So silver the volatility of silver will shrink out and it will reconnect with gold which is probably going to go up like that. So if you a lot of people want to hear that because they want it to go to 200 tomorrow. Yeah. And good luck with that. I hope you're right for you. But, you know, I don't have to bother with that any of that. That's what I see will that's what I'm expecting to happen. I'm not expecting gold to dump. I'm expecting it to kind of just slowly inch up over the next few months. Just grind away. Maybe get back to five, five, maybe go to six.

And that will be because whatever you see, the market looks a year out. It doesn't look out tomorrow. It don't care about tomorrow unless a meteorite strikes or, you know, someone discovers a Tyrannosaurus Rex that eats the president. Doesn't care. It's looking at 12 months time. And it was looking at next February, which is February, March, April. Whoops. Taiwan. Yeah. Well, now it's January, February, March, not whoops, Taiwan, and Taiwan might be 2028 or 2029 or 2030 or never. the the

possibility of that is shrinking. The concreteness of that problem of that of that war, which is what it will probably be, has receded and therefore the ability for gold to tomorrow go up a lot has receded too. But it's not gone away. That that friction that global tension between the US and America is and US and America there's some of that as well. US and China is is just gonna probably just notch up. Keep notching up and gold should just keep ticking up and silver will reconnect and start ticking up. So

that's what I'm expecting. Gold and silver. Platinum, palladium is a different story altogether. Yeah, platinum and palladium are precious metals. So yeah, you get a little bit of that going on because they do kind of like track gold and silverish. Not really, but kind of. And they've been in the doghouse because the internal combustion engine is going to get shut down. sorry, was going to get shut down. It was going to go extinct. The government was going to say no more IC's 20, what was it, 2030 and then 2032 and

then 2035. They're not going away now. The reason they're not going away is because all these AI machines need electricity, not petrol, not diesel. So if you go, well, I can fight the AI war and not lose against China, or I can lose the AI war against China, but I can have my cars running electricity. Well, I think I'll win the AI try to win the AI war, and I think I'll have my cars running on diesel and and petrol. Now, if I get it the right way round, platinum is diesel. Palladium is

gasoline. So now the extinction of platinum and palladium in cat converters, that's all gone away. That's not Those engines are not going. They're going to be here. Well, I'll be dead before they're gone. Right. And they mine 200 tons of it. Just 200 tons. Gold 3,200. Platinum laden 200 tons. And on what makes it worse, gold, they mine 3,200. Maybe they lose, I don't know, a couple hundred tons. People drop their rings in, you know, down the beach and that sort of stuff. But most of it goes in the vaults

and continues to be in the float. So you get gold inflation of however you want to calculate it, 1 to 5% every year. Platinum and palladium, they lose that every year. That gets blown out the back of cars onto the onto the freeway. So platinum and palladium consumed every year through loss from the usage in cat converters equals the global supply. So that supply ain't going up. So that thing is potentially Oh, and and Russia makes it and South Africa makes it and Canada makes it and that's all, folks.

So, you know, now I would throw a bone to silver investors and they'll say, "Yay, yay, yay." But I don't think it counts. But they like it anyway. So, they'll enjoy this. They make 25,000 tons of silver every year. Okay, that's that's eight times gold. So, if the demand for usage was equal, it should be 8:1 with gold. They're like that. Of course, it should be should be $600 an ounce. Yay. Anyway, but there we are. There's there's a straw to cling to. Um, if you really

want to cling to a straw, but that's the only straw to cling to. I just think it will come back, sink up with gold, and they will chug along up. Yeah. And and then we'll see what happens. I mean, you know, if if peace and sanity breaks out, particularly not necessarily in Russia and Ukraine, but particularly in America and and the US, say, for example, Democrats get in and they all have a hugathon, gold will come down like a brick. >> Okay. I think that gives us a good look at what you see going on with all the

different precious metals. So, thank you for going into that. And I want to talk more about copper and oil. So, you also mentioned those as upcoming opportunities. you have all these profits that you've taken from gold and silver. Is now the time to move into copper and oil or are you are you waiting on the sidelines so far? How are you approaching it? >> Okay, I this is the way I approach all investment. If you can't explain it in a simple sentence, don't invest in it. Yeah, copper is there's just not enough

of it. Not for AI. I mean, you know, people say, "Oh, it' be replaced by aluminium." Oh yeah. Not not in a lot of it. Not in the power cables, not in your transformers, not in your your high fallutin hardware. And obviously gold and silver is going to get munched up in that as well. Not in your expensive, you know, server cables. And you know, I like server cables as an investment, but unfortunately there's a little bit of a dark side cuz these poor blighters are going to get asked to pay

a lot more for their copper. And that goes into their blooming cables. It's like, yeah, you want copper for their cables? Oh, you're going to pay a lot more. Why? Cuz we ain't got enough. And there's a queue. Yeah. What's going to happen? And I was talking to somebody who's um involved in building out um data centers as as you Americans call them, server farms, as I call them, data centers. I mean, this stuff is off the handle. Absolutely off the handle. There you ring up people. Can you build us

one? Yeah. No. Oh, why not? Well, we're building 27, but but we want one. I know you do. but you know, so there's another eight people and we're not giving them one either. So you've got this incredible inflationary environment for that kind of thing and that will come down into the into the um economy and you know the central banks are going to print like crazy because they're not going to let all the other proper businesses run out of money because ser people like Google and Amazon and Elon

are sucking up all the capital to build out all these insane server centers. They're just going to print more money. And all the people that are there, you know, oh yeah, I'm hanging from cables, wiring up cables. Oh, I got double I've got overtime and double overtime and triple overtime and I got a pay rise because I'm the only person that could do this. I'm a nuclear scientist. I build nuclear power stations. There's only 27 of me left. You know, the last time they built one was a generation ago

and I'm the only one alive. What they're going to pay that guy? Yeah. So, there's going to be this almost like you know the oil drillers um you know when they go drilling oil. Yeah. Hey, you can drive a truck. Yeah. How would you like to earn £2,000 a week? Yeah, sure. Go on then. Come up here in the frozen north and drive this truck for me. I mean, you know, you're from Canada. You've seen that happen, right? And this is going to be the same thing on steroids. So, there's going to

be an economic boom plus a a a elevated inflationary environment. And there's just not enough copper. There's just not You meet a guy at one of these Canadian mining conferences, they say, "We've got copper." And you say, "That's really great." Um, where is it? They say, "Well, it's in this mountain." Oh, okay. You sure about that? Yeah. Yeah, I've drilled it. Okay. Okay. So, turn in the copper mine then? Yeah, we're going to do that. Well, when? Well, in about 10

years. Oh, okay. Can you do any faster? Five, six years, maybe. So, okay. Oh, there's a lot of copper to be redone in the world. Only can be re No. People have been stealing copper and and reclaiming copper for the last 40 years. They're doing it as fast as they can. They go out to all sorts of monkey business to, you know, re re um reclaim copper. I mean, the trick they do in the they used to do in the UK is they go up to a telephone junction box where all the telephone band lines go through, cut

all the cables, and then come back in a month and see if anybody bothered to wire up again. And if they hadn't, they'd rip out the copper cuz obviously it wasn't in use and nobody would know. So, you had a crane that was on a a dockyard site. when they came to knock down the dockyard site and take out the crane, funny enough, the motors were gone, you know. So, there's not this huge amount of copper just waiting around to be reclaimed. So, it just just ain't enough copper and and it's going

to go mental. Absolutely mental. But the question is not how mental, but when. And that's the trick. I mean, you know, people like me who see this stuff coming, they see it much too close. Oh, it's going to be tomorrow. Any fool can see that. Oh, it's going to be soon. But actually, there's more than enough fools for it to take six months. So, you know, you got to position yourself. I'm positioned quite heavily in in copper. It's difficult to get physical copper um exposure, but you know, you do it

through the miners, and there's some big big miners, and I I like I like big and profitable and dividend paying, not small and crazy, and got a mountain um underneath a lot of guano, you know, I don't like those guys, but I mean, obviously Canada, that's that's the home of that marvelous narrative. I like big big, you know, Anglo-American and tech and those sort of people and and you position yourself with that and then you wait, you know, the the crocodile lies on on the on the mud. He's got a bit of

exposure. He's had a, you know, he's had a few nibbles and you wait for the big one to float by and then off off she goes and then up like a rocket and then you sudden everybody tells you you're mad cuz he's going to go up forever and then it comes down and then you look for the next bus and that'll be oil. That's just a matter of time when now that really is the $64,000 question. And um you know I I I see it as 18 months out which probably means it's five years but I see it 18 months out and I I'll throw

you a number and everyone's going to say I'm mad and say it's ridiculous. What are you talking about? That's never going to happen. $300 a barrel. >> Yeah. That's a big number. That's a big number. And you know why I know? Cuz about two years ago, I did an article saying, "Oh, I was going to go to $300 a barrel in five or six years." And the whole interwebs are freaked out. And that tells me something. If they went, "Oh, he's just mad. Who cares?"

They everyone went and piled in and it had like 2 million views, which was like 50 times more than anything else I'd ever written for that particular publication. So obviously it was a sore point. And now the other thing to think about is look at the price a few years ago was $140 a barrel. 300 is only double and we've had 50% inflation since then. So you know the the world wasn't sucking in energy like it was the end of the world like they're going to be doing. And at that point, you know, fossil

fuels were going to be bad and going to be orphaned and evil and no one's going to be needing them. Well, now obviously that's all gone away and you know every they're going to want energy. They're just going to use all possible energy sources, all possible energy. They're going to boil the oceans and oil is about the most flexible energy out there. You know, you just put it in a bucket and you can move it around. So oil is going to be, you know, it's going to have a big big big rally stroke drain

on it. When is the question? It's only a question of when. only and I don't mean when the dollar's collapsed and therefore, you know, a dollar is worth nothing. I mean, you know, in in today's money, it's going to go to $300. And I should think, you know, in this decade, could be a little longer, but it's at some point it's just going to go it's going to go pop bang and up it's going to go like we saw with gold, right? I mean, gold, barbaric metal, who needs that? Yay. Yay. I mean, oh, it's a hedge

against inflation. We've had that for 30 years and never really moved that much. And we've had inflation for several years. It's been going sideways. If it was about inflation, why is it going up? It's just going sideways. You know what you talking about? And bang, up it goes. And oil will do the same. But copper first, oil next. And in between all that, anything you can spot that's that hasn't been spotted as a strong AI play will be a good place to diversify your portfolio

of risk in. And nuclear nuclear nuclear you know how the world has changed. If if I said to you look the only thing you need to know is nuclear is in fashion. Just read the media everyone saying oh nuclear. Oh nuclear. 5 years ago they would say you were the Satan. Don't even mention the word. And now oh it's wonderful. It's great. Oh yeah sprinkle it on your Rice Krispies. Nuclear is good for you. Oh yeah nuclear. Yeah let's have some nuclear. Oh let's do nuclear. Well, if that doesn't tell you

very simply that the world has completely gone upside down, then I guess it will be hard to explain it to you. The world is has changed. We're in a different epoch now. And it's it's it's the same as when they invented the steam engine. We've gone into a new epoch and it requires vast amounts of energy. Vast amounts of energy. And there's no second place. It's Tina. there is no alternative. So there's just going to be this massive explosion of energy generation from

every possible direction and you know that's going to absolutely change everything. And on top of that everyone's going to be walking around with, you know, the best advisers on the planet in their mobile phone telling them, you know, what they're missing and what they need to do and where they need to go and what the right answer is and how to write their emails and and you know what what they're what's really going on in the world. So, you've got this massive leverage of human

intelligence and you've got this massive increase in energy production. You got this massive um automation going on. And you know, I mean, Elon says, "Oh, you don't have to get a degree. You'll be fine. You'll have a you'll have a a marvelous retirement. The government will give you all the money you need." I think that's probably not a good bet, but it's certainly going to change a lot. And while they might not be able to cool down their service centers in space, I

don't know, maybe they just plant them on the moon and and use that as a base plate or something. I don't know. But anyway, that the service centers in space is problematic. Nonetheless, it tells you where the paradigm is. They're not talking about, oh, maybe we launch a small box into space. No, isn't that difficult? They're talking about launching factories into space. And and and that should tell you how the paradigm has changed. And you know the ISS, International Space Station, that

tube of astronauts that floats around the world and and does all its thing, that's a trillion dollar piece of hardware. That's what they spent on it. $1,000 billion. Makes you wonder how they got away with funding that, but they did. Yeah. Well, you know, when they're talking about launching factories into space, I mean, it's like a very large caravan what they got up there and they're talking about launching factories into space, that's a completely different economic environment. That's that's, you know,

you ain't seen nothing yet land and it's h happening now. So, if you can divine what comes up, what's going to be big and what isn't going to be big, but main more importantly, what's going to be big, jump on that and you know, you're going to make massive returns, aren't you? You've also been mentioning the opportunity in AI. So, I'm curious, maybe you can talk a little bit about how you're approaching that because it's a pretty big space and investors might

not know how to get into it. >> What's going on with AI is just going to turn everything everything upside down. Absolutely everything upside down. And which means that there'll be loads of things that are cheap now that in three years time everyone going, "Oh, you know, they're going to go to the moon because they'll have gone up a lot and then they'll probably come down." Yeah. But you know the the world and the markets is in flux and that's great if you're paying attention because if

you're paying attention you can go well let me give you a good example and I can't even pronounce this company properly but Novo um Nova Nordisk the guys behind um uh what and the other one um oh they're coming down like a rock they went up like a rocket and they're coming down like a rock and goes oh I'm thinking of buying that. No why would you buy that? It's coming down. Oh, but it's cheap. No, no, no. It's coming down. Which way is it going? Well, it's going down. So, why would you buy it?

Well, because it's going to go up. Yeah, but not but not likely tomorrow. Well, what am I meant to do then? Well, you know, think about it. Let it go down. Let it stop going down. Let it go sideways and then buy. Yeah. So you just lie on the you crocodile just lies on the mud waits for poor old Nova what they're called to hit a base don't don't jump in the water then let it go sideways it go sideways keep going sideways and suddenly when it goes you can say here we go I've watched

all the news I know exactly what's going on with that company and oh look it's on its way again then you buy yeah so but the I mean that's just an example I'm not saying you should with that particular company I'm just saying what you do. And if you went out and said, "Well, what's going to happen next? It's not office, is it?" Well, it kind of is. AI is going to happen next. AI is either the biggest bust since the.com, which it isn't. No, no, it's not. No, really not.

Or it's a gigantic runaway juggernaut. Well, then what's it going to change? Oh, I don't know. Well, you know, look into it. Keep looking until you find out things. It's just an absolute smorggas board of opportunities. There's too many cuz I've I've still got all this lovely stuff coming up with copper and and platinum plating maybe and oil and lots of and and defense and all that stuff. And I'm spot for choice. Absolutely spot for choice. And other, you know, if

you're an investor out there, you should be spot for choice. You should have a blooming great list of of things you're watching, not holding, watching. Wait and go, "Oh, this is at some point this is going to do this." Okay? And then when it doesn't, well, you don't buy it. And then when suddenly it does and you'll prove right, you you'd get in because these things don't go I mean it's not a trade, it's an investment. You know this thing is going to do that

one day. They're going to I mean my example another example is not a tip. There's a company called Fluo. It's spelled like flower but like a dyslexic spell. It is f lur not f l o u r. And and they'll manage you making a nuclear power station. They're making a lot of nuclear power stations. And so I'm going to make a lot of nuclear power stations. How many people do you think can actually help you with that? Hey Clen, would you build me a nuclear power station? I'll pay you billions. I

don't think they'll let me. I don't care what you pay me. Where do I start? Nuclear power. How many people actually do nuclear power? What does these four companies? Okay, they're going to be in demand, aren't they? their margins are going to go boom and their and their profits are going to go and their share price is going to go boom. But that's just one tiny example of what's going on. How do you keep this stuff cold? You know, a AI server center, electricity in, hot air out, and AI out.

That's that's all it does. It makes a lot of noise probably. I don't know. I've never heard a AI server work, but it won't be as loud as a a Bitcoin miner. But um but but it's loud. It makes noise heat and it makes AI and and that's it. And what do you do with that heat? I mean, sorry. This this is a little bit of a funny one and and I think your viewers will like it. So, you think all these billionaires are bright and smart guys, right? So, they're going to build

server centers in space. Now, that tells you one thing. One, they're dead serious, right? and they're going to boil the oceans to do this stuff cuz they're already thinking about ringing up Elon and saying can you launch launch my service center into space two it tells you that having a blooming clue and actually I'm a bit surprised on Elon talking about this because space is not a cooling environment it's not it's really hot in certain parts of space is a vacuum and vacuums does not cool stuff

down you can only cool stuff in space down by radiation which is not a great way of cooling a bloom great server for running flat out and and getting very hot. Yeah. Now, if you look at the space station, they cool down blooming great fans and there's only some astronauts in there and some kit, you know, it's not a service center running megawatt of energy output. It's just a floating tube with some people in it, you know, doing science and their their electricity. Look at the size of that. And they're

cooling. That's very large as well. And all they're doing is cooling down a few Americans and Russians floating around in the um outer, you know, in low Earth orbit or wherever it is. Yeah. So now you send up a service center with 10,000 CPUs in it. Well, a that's going to take a lot of solar power. They're not going to put nuclear power stations in orbit, are they? No, no, no. You're going to do what? Nuclear power station low low Earth orbit. Okay, just imagine you can get it up there. But what about if it

falls out of the sky like Skyab did with all its nuclear energy in it with all its plutonium that got spread over the sea? Not going to do that. So, it's going to have to be solar. How big are those solar panels? How are they going to get them up there? And then how are they going to cool it down? It's it's a vacuum. It's not It's not a cold place. Yeah. So anyway, they're talking a good game, but it shows you how off the handle they all are about AI because you can guarantee these people have got AIs

like you haven't got. And you know when you type in I want to do something rude, it their ones don't go no I won't let you. I want to if you type it into their AI but it tells you. Yeah. So they are very deadly serious with AI and it changes everything. It turns everything upside down. So you need to figure out what is worth what's going to go ballistic because of it. I mean it could be cooling, could be cables. I mean how many cables are going to need? How many cables? I mean they're going to going to

pay if you go to Germany or some of these places and a lot of people have seen this and you see a solar farm. It's basically the B from Star Trek. They've they've taken a bit of valid earth. They've covered it with a you know mechanical metal black ugly thing. Yeah. Well, they're doing the same with these with these data centers, but way bigger because if you think about it, I've got a competitor and we're going to go toe-to-toe with AI because the smartest one is going to

win. And if he's smarter than me, I'm going to lose. I'm going to go bust or I'm going to lose the third world war or whatever the conflict is about. If they're smarter than me, I'm toast. So if Europe doesn't get on the bandwagon, they are surely toast. Absolutely toast. Where they going to get their AI from? Go to America. Can we borrow your AI, please? No. Go to China. Oh, can I buy your AI, please? No. Oh, what are you going to do then? You're going to bow down. That's what you're

going to do. Right. So, there's going to be a fight over who's got the biggest, best, fastest, most smart AI. And there's no second place. They're going to boil the oceans. absolutely boil the oceans and that is the opportunity that means that anybody who can get their wrap their skull around it and it's not that easy but you can can can make the most incredibly um excellent bets. I mean look what happened to the software industry sa SAS it's fallen out of bed cuz people are so

scared that AI would just do it for you. I mean I I'm when I was 17 I used to program I used to write programs for a magazine when he was like let x equal one then go to and all that stuff and hey that paid me some money and that was nice but since then I've never programmed. I've just been part of you know building out software. If you use cursor all you got to do is write write a document and point this blooming thing at it and it writes that program. It just writes it and there it is. I mean

you know think about that. What does that mean? It means that real developers can write 100 times more. That means software that's I don't know call it 10 times better. Square root of how much more of it you get. Yeah. It just it just knocks and everyone's worried that all these SAS um people all these um you know people that do accounting software and Salesforce and all that lot are going to be obsolete. I don't think that's going to happen. But you know it's enough to knock their

share prices into a cockt. But it's just the tip of the iceberg and it is an ice well tip of the spear whatever whatever metaphor you want to use. But as an investor if you can wrap your head around the outcome of this which you know most people haven't got a clue what's coming. They have no foggiest idea of how it all works or want to. They don't want. They're not digging. They're not digging into it. They're not trying to work it out. They're not trying to, you know, wrap

their arms around this new dynamic and make great investments. But if you do, you'll make a ton of money. You'll make so much money, it would be painful. And that does happen. That does happen. If you look at in the news, there's loads of people that wrap their head around a new thing and made a fortune. And here's another opportunity. Here's the next bus. And it's a big bus. It's a And it's probably a fleet of buses. >> Well, I think that gives a great idea of

how you're starting to position right now and your thoughts on the markets. Any final thoughts before I let you go? Maybe maybe for investors on sticking to a plan and following through on your plans. >> I think you know a bad plan is better than no plan at all. Okay. A good plan is better than a bad plan. So get a plan and and it's not really that difficult. I mean, if you bought the five most classic books on investing and, you know, you can go find out what they are. Um, and they they're like, you know,

half a century old and you read them and, you know, do diligence, read them three times, but, you know, you're not going to. Most people won't even buy one. But if you did that and you got, oh, I I I think I can build a plan around that, and you stuck to it, you'll do very, very well. But there's a very important thing that so many people are falling foul of and they need to avoid it like the plague and that is negativity. If you're negative, oh, it's the end of the world. Oh, it's going to crash. Oh,

I'm going to have no money when I when I retire. I'm angry. Oh, it's not fair. If you're like that, you will you will you will really suffer. Not only are you suffering by thinking like that, but you will be negative. You'll be on the back foot. You won't be engaged. You won't be trying to crack the puzzle. You won't be trying to get the treasure. You'll be hiding under a rock, cowering under a rock. And so many people are doing that now because they get terrorized by the

media and they get terrorized by the interwebs. And that terrorization is actually what makes them poor because, you know, scared people don't get rich. Yeah. I don't sell and take a profit because I'm scared. I just take a profit because I've, you know, I'm going to make even more somewhere else. Yeah. And you know it it fear is absolutely the worst possible thing that you can show lots of a little bit of fear is good but not but not the levels of negativity that you will see on on the interwebs

and I I use the word interwebs as a joke you know it's like the media negativity is the most wealth crushing thing you can fall for so be positive work hard at it be on the front foot look for opportunities think hard about it study. You will do so well. You would do so well. It's work. Hey, it's real work. You know, your next door neighbor telling you to buy something is not it's not a plan. It's not a strategy. Hope is not a strategy. Fear is not a strategy. Hard work, grit, and determination in

the markets is a great strategy. And you will make a ton of money. And you'll never be short of cash if you do that. If you put your back into it and are positive, you will make a lot of money. And you know, most people they read the media are terrified. Absolutely terrified. And that is a trap to avoid at all costs if you can. And you should try. >> Well, I think that's a really nice message to end on. So, thank you so much for coming on today to talk about your strategy and everything that's going on

with commodities and elsewhere. This was really great. >> No, it's my pleasure and I look forward to being on your on your show next. I hope people look at our old show and see what I saying there because when I say who's this lunatic, they'll see what I saying then and if they, you know, bought what I was raving on about then and they were holding it now or holding it near when I sold out and you can see on my channel Clem James Alpha, you can see all, you know, I don't remove any

stuff and I don't need to be right all the time. You can see what I said and all the way through. So when you're thinking he's mad, maybe you might consider that. I might also be right. >> It's always worth going back to look at those those older ones and see how they stack up. So I'll put some links in the video description in case people want to check it out. But yeah, thank you so much. This was great. Once again, I'm Charlotte Mloud with investingnews.com and this is Clem Chambers with a

newfn.com. >> Thank you for watching. If you like this video, make sure you hit the like button and subscribe to our channel. We'd also love to hear your thoughts, so leave us a comment below.