Steve Penny: Major Trend Change In Gold

By Herman James / April 08, 2022 / marketsanity.com / Article Link

Liberty and Finance, Released on 4/8/22

Gold has started an uptrend, says chartist Steve Penny. He sees $2500 to $3000 gold for the intermediate term. He is even more bullish on silver. Silver may soon run to $28 and then test $30 before a move to $50. Owning physical metal is not just about speculating on the price, it's about having insurance in a worst case scenario. With concerns of a cyber attack, there's more reason now than ever to have physical precious metals outside the financial system, he says.

0:00 Intro1:07 Gold trend change4:12 Silver update6:08 Platinum update7:26 Stock market update8:47 Fed minutes10:09 USD index12:11 Uranium14:02 Gold & silver16:30 Silver Chartist17:30 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: Major Trend Change In Gold added by Herman James on 04/08/2022View all posts by Herman James ?+'

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