Iran Strike Begins: Which Assets Will ‘Break Loose’ Next? | Clem Chambers
Speakers
Summary
- Inflation is Returning: The AI boom is inherently inflationary because hyperscalers (Google, Microsoft, etc.) will suck all available capital and credit from the system to build infrastructure. The Fed will be forced to print money to keep the rest of the economy afloat, driving wages and commodity prices higher.
- AI Infrastructure > AI Stocks: The "pick and shovel" play is superior to buying overvalued tech stocks. This includes nuclear power (essential for energy needs), copper (cabling), and specialized construction.
- Geopolitical Hedge: Bitcoin, Gold, and Oil are the "thermometers" for war. If they spike, it indicates an imminent escalation in Iran.
- European Rearmament: regardless of US involvement or a potential ceasefire in Ukraine, Europe has shifted structurally toward rearmament. Defense spending will continue to rise for years.
Trade Ideas
"I wouldn't touch Nvidia with a 10ft barge pole... It's just too spicy for me." The speaker is a value/contrarian investor. Nvidia's current valuation and momentum profile represent extreme risk, regardless of the underlying business quality. The "easy money" has been made, and the risk/reward is no longer favorable. Avoid due to valuation and momentum risk. The AI bubble continues to inflate, sending NVDA significantly higher despite valuation concerns.
"I will be buying IBM when they've made the correct chart pattern... Don't buy the falling knife." The market panic over AI replacing legacy code (Cobalt) caused an oversold condition in IBM. However, catching a falling stock is dangerous. The strategy is to wait for a technical bottom (the "last leg of the W") before entering for a recovery play. Watch for a technical bottom to enter long. AI actually does permanently erode IBM's legacy software moat faster than expected.
Clem Chambers
CEO of Online Blockchain plc / Financial Commentator
"I picked up some Glen Core today because they're up to their ears in strategic and critical minerals... Copper... It'll go 3x in the next two years." AI and data center build-outs require massive amounts of physical wiring and power infrastructure. Copper is the primary material constraint. While Gold/Silver have already moved, Copper is lagging and poised to "catch up" violently. Glencore (GLNCY) is the specific pick; Freeport (FCX) and Copper ETFs (CPER) are logical sector proxies. Long strategic minerals with a heavy focus on Copper. Global recession dampening industrial demand before the supply crunch hits.
Clem Chambers
CEO of Online Blockchain plc / Financial Commentator
"Company called Fluoro [Fluor Corp]... help you build nuclear power stations... The only reason there's going to be nuclear power... is because that's the only way that the energy that's required for AI is going to be made." Renewable energy cannot provide the consistent baseload power required by AI hyperscalers. This forces a renaissance in nuclear energy. Fluor (FLR) builds the plants; Uranium miners (URA/CCJ) provide the fuel. Long nuclear construction and uranium exposure. Regulatory hurdles or significant delays in nuclear project approvals.
Clem Chambers
CEO of Online Blockchain plc / Financial Commentator
"Look at Rhyme Metal [Rheinmetall]... Airbus... all the European military companies... I'm long. I'm longer than a rhino on Viagra." The geopolitical threat from Russia has fundamentally changed European budgeting. Even if the Ukraine war ends, Europe will continue to rearm to deter future aggression. This guarantees a multi-year order book for European defense contractors. Long European defense majors (Rheinmetall, Airbus). A sudden, lasting geopolitical détente that leads to budget cuts (viewed as unlikely by the speaker).
Clem Chambers
CEO of Online Blockchain plc / Financial Commentator
"Personally I just bought... a bucket of oil ETFs cuz you know if it does happen [Iran strike] then that will spike." Oil is currently acting as a geopolitical "thermometer." While the long-term thesis is AI energy demand, the immediate trade is a hedge against war in the Middle East. If conflict escalates, oil spikes immediately. Long Oil as a short-term volatility hedge. No conflict occurs, and oil prices stagnate or drop due to lack of immediate supply disruption.
Clem Chambers
CEO of Online Blockchain plc / Financial Commentator
"Gold and silver... going to link up and grind up... could easily see 6,000 this year on gold." Inflation driven by AI spending and money printing, combined with geopolitical instability (China/Taiwan, Middle East), creates a perfect environment for precious metals. The "vertical" move may be over, but a consistent upward grind is expected. Long Precious Metals. A strong dollar or aggressive Fed tightening to combat inflation.
Up Next
This The David Lin Report video, published February 28, 2026, features Clem Chambers discussing NVDA, IBM, FCX, CPER, GLNCY, FLR, URA, CCJ, RNMBY, EADSY, USO, GLD, SLV. 7 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Clem Chambers · Tickers: NVDA, IBM, FCX, CPER, GLNCY, FLR, URA, CCJ, RNMBY, EADSY, USO, GLD, SLV