Steve Penny: ‘Biggest Global Debt Binge’ in History Will Drive Silver to $500

Commodity Culture, Released on 2/4/26 (Recorded on 2/3/26)

Steve Penny thinks the recent drawdown in silver is a temporary anomaly, and as global debt skyrockets and governments keep printing currency, silver will ultimately rise to $500 an ounce. Steve lays out his thesis, along with providing his strategy for investing in silver mining stocks, knowing when to take profits, and much more.

00:00 Introduction
01:03 Silver’s Huge Correction
03:18 When Do We Go Back to $100?
05:29 When to Take Profits in Silver?
08:07 Why Didn’t Circuit Breakers Trigger?
10:52 Buy the Dip or Stand Aside?
14:01 Outlook on Silver Miners
15:56 Where are We in This Cycle?
20:49 Biggest Global Debt Binge in History
23:51 What’s Driving Gold?
26:16 Platinum is the New Silver
28:15 Massively Bullish on Uranium
31:49 Oil & Gas is Next to Rip

Steve Penny is a full-time trader specializing in silver, gold, and uranium. Steve Penny’s Silver Chartist: https://www.silverchartist.com.

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