Gold will soar to $10000! "Wall Street tycoon urgently warns: supply chain collapse imminent
Clem Chambers, CEO of Online Blockchain and founder of aNewFN.com, warns that the upcoming supply chain collapse could trigger a financial "avalanche" and the market is not yet prepared for it.
Chambers said that although the market is struggling with inflation and interest rate policies, "no one is talking about the supply chain," and this silence is the real danger signal. He asked, "If you imagine that 30% of American food is packaged in China... what would happen if suddenly there were no containers full of things
He said that this danger is not hypothetical. He warned, 'If Trump doesn't make an incredible 180 degree turn, which is not his style, then what happens next will be very dramatic.' This suggests that food packaging shortages could trigger 6% to 7% food inflation and chain retail disruptions.
According to the latest financial stability survey by the Federal Reserve, 73% of respondents consider the trade war to be the top threat to US financial stability, surpassing the banking industry and geopolitics.
Gold, commonly regarded as a barometer of systemic risk, recently hit a historical high of nearly $3500 per ounce. Chambers stated that this is not a coincidence. He bluntly said, "Gold was prepared for war, and it broke out because people were sweating. Governments around the world were sweating profusely and buying gold one after another
He added, "Poland is hoarding gold, other countries may follow suit, you can't short gold... it will fly
Chambers initially saw $3500 as a breakthrough level, but now he sees $5000, possibly even higher. At first, I thought this upward cycle was $3500, but now it looks like it's $5000, and now it could be $10000... if the tension becomes more severe
Chambers revealed that in terms of investment portfolio strategy, he holds "92% cash and gold" and only 8% stocks. He described today's situation as that of 2008 and 2000: "You can see this situation at the beginning of the Internet foam burst. Its shape and type are the same..."
When asked if the market underestimated the risks of tariffs and fragmentation, Chambers said, "People are living in a cycle of distress... they are now in a stage of denial
He finally issued a stern warning: "I hope I'm wrong, I really, really, really hope I'm wrong. I don't like making money from other people's difficulties, I really don't
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