Inflection Point Nearing: Fed To Pivot & Destroy Dollar | Steve Penny

By Herman James / June 03, 2022 / marketsanity.com / Article Link

Liberty and Finance, Released on 6/3/22

Chartist Steve Penny joins us to discuss the latest job's report and the Fed's policy going forward. The Fed is trapped, he says. "We're approaching an inflection point where the Fed is going to have to choose between sacrificing the economy or sacrificing the Dollar." He expects the Fed to reverse course and, in doing so, sacrifice the Dollar.

0:00 Intro1:25 Job's report3:29 Fed is trapped4:08 10-year yield5:22 Silver8:26 Gold10:42 Miners12:33 Platinum16:15 USD Index17:30 Silver Chartist18:10 Miles Franklin

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

Inflection Point Nearing: Fed To Pivot & Destroy Dollar | Steve Penny added by Herman James on 06/03/2022View all posts by Herman James ?+'

Recent News

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok