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

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com

TSXV gold producers' output growth for Q4/25 mixed

January 19, 2026 / www.canadianminingreport.com

Rising metals price volatility over past month

January 12, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok