Steve Penny Predicts $10,000 Gold and $300 Silver

Legendary market analyst Steve Penny from Silver Chartist returns with a powerful breakdown of gold, silver, oil, uranium, and overlooked resource stocks. With gold closing above 4000 and silver approaching the key 50 level, Steve explains what these moves mean for both long-term investors and short-term traders. He highlights technical signals on the charts and outlines why caution is needed at these elevated levels, especially in silver and gold. His analysis of copper, uranium through URNM and SPUT, and oil's relative undervaluation provides timely perspective on the broader commodities landscape.

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Steve shares insights on the strength of energy stocks like ExxonMobil, Devon Energy, Birchcliff, and Peyto, emphasizing the unique setup forming in the oil and gas space. He also dives into housing ratios, explains how to build conviction through fundamentals, and reveals his strategy for managing physical metals through different market phases. With a focus on long-term wealth building and financial freedom, this episode is a must-watch for those seeking clarity in a volatile market. Like, share, and subscribe for more in-depth investment insights from Steve Penny and other top voices in the resource sector.

 

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🔥 Key Topics Discussed

✅ Gold silver copper and uranium price outlook 

✅ Gold to oil ratio and market signals 

✅ Energy stock setups including Exxon and Devon 

✅ Using fundamentals and charts to invest smarter 

✅ Silver and gold value compared to real estate 

✅ Uranium opportunities with SPUT URNM and URNJ 

✅ Lessons from past oil price crashes 

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