The David Lin Report · Monday, June 29, 2026
Clem Chambers posits that gold demand is intrinsically linked to the prospect of war, specifically mentioning the US-China conflict over Taiwan. He suggests that the postponement of this conflict has likely reduced demand for gold, potentially leading to lower prices. He believes that a significant rise in gold prices would signal a resurgence of this geopolitical tension.
“Well, look, my thesis with you over many, many, many, many months is gold is for war. And that war, as I've said on your show over and over again, is America versus China or China versus America over Taiwan.”
“Now, that has been at the very least postponed. And therefore, the demand for gold is going to settle at a different price. The moment you see gold do a run, that's that's really going to be bad. That's cuz that means Taiwan is on again. And and and that you know, but oh dear, oh dear, that would be absolutely catastrophic.”
“Right? For gold to get back on the it's all about inflation train, it will be gently rising. If it starts to go like that, it's because gold is for war and there's a big one coming and that will be catastrophic. And I think that that is at least postponed and at least for two or three years. And I think actually it's probably now not on at all.”