Steve Penny: How Low Can Silver Go?

Liberty and Finance, Released on 5/14/22

This week, silver traded below critical support levels. “We lost key support at $21,” says The Silver Chartist Steve Penny. “The next support is at $19.70.” While he sees minimal downside risk in silver, he says upside potential is extreme. $40 or $50 silver is possible within a year he says.

0:00 Intro
1:16 Silver
4:00 Gold
5:32 Gold/stocks
6:30 Fed reversal?
8:02 Real rates
9:08 Platinum
10:46 Uranium
11:42 Silver Chartist
13:25 Miles Franklin

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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