Steve Penny: How Low Can Silver Go?

By Herman James / May 14, 2022 / marketsanity.com / Article Link

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 Intro1:16 Silver4:00 Gold5:32 Gold/stocks6:30 Fed reversal?8:02 Real rates9:08 Platinum10:46 Uranium11:42 Silver Chartist13:25 Miles Franklin

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

Steve Penny: How Low Can Silver Go? added by Herman James on 05/13/2022View all posts by Herman James ?+'

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