Liberty and Finance, Released on 6/6/25
Steve Penny discusses silver’s recent breakout past $35.50, calling it a key level that could lead to much higher prices, possibly reaching $50 in the near term. He emphasizes the strength of the current uptrend not only in silver but also in other metals like gold, and platinum, which are all confirming long-term bullish patterns. Penny highlights a historic “cup and handle” chart pattern in silver dating back to 1980, suggesting a path toward $50 silver before a potential pullback. He also underscores platinum’s breakout and undervaluation relative to gold, calling it a high-risk, high-reward opportunity. For investors, he suggests dollar-cost averaging with a focus on undervalued metals like silver and platinum, using ratios like gold-to-silver to guide strategic swaps.
0:00 Intro
1:16 Silver at 13-year high
7:00 Platinum breakout
10:00 Gold update
15:00 Buying opportunities
18:00 Swap & buyback specials
Steve Penny is a full-time trader specializing in silver, gold, and uranium. Steve Penny’s Silver Chartist: https://www.silverchartist.com.