Steve Penny: Shock To Banking Sector; "This Is Just Getting Started"

By Herman James / April 03, 2023 / marketsanity.com / Article Link

Liberty and Finance, Released on 4/3/23

Steve Penny says the issues in the banking system are far from over. At the same time, countries around the world are moving away from trade in the U.S. dollar. Both of these situations are not good for the future value of America's currency, but are good for the value of precious metals. Penny remains bullish long-term on gold and silver, but sees the potential for a short-term pullback.

0:00 Intro1:14 Petrodollar4:55 Banking crisis9:00 Silver update13:00 Gold update15:30 Stock update16:37 Silver Chartist17:54 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: Shock To Banking Sector; "This Is Just Getting Started" added by Herman James on 04/03/2023View all posts by Herman James ?+'

Recent News

Gold stocks slump partly on fears of cost increases

March 09, 2026 / www.canadianminingreport.com

Canadian provinces rank high in Fraser Institute Survey

March 09, 2026 / www.canadianminingreport.com

Major producers and most of TSXV gold see strong gains

March 03, 2026 / www.canadianminingreport.com

Big Gold production declining, revenue surging, costs flat

February 23, 2026 / www.canadianminingreport.com

Gold stocks rise with majors outpaced by juniors

February 23, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok