Steve Penny – The SilverChartist Is Back! With A Technical Review Of The US Dollar, Gold, Silver, and Uranium Stocks

Shad Marquitz
November 22, 2023

Steve Penny, Publisher of The SilverChartist Report, joins me to share a handful of key charts on the US Dollar (DXY),  the Gold monthly, the Gold weekly, the Gold daily, the Silver weekly, the Silver Daily, the Sprott Uranium Miners ETF (URNM), and URNM versus the Sprott Physical Uranium Trust as a proxy for the uranium price action.   [all charts are posted below so you can follow along]


We also intermix some macro fundamentals and trading strategies into the discussion, and how to utilize the very oversold nature of the mining stocks in relation to the moves in the underling metals, and to have a strategy before entering a trade and stick to it for exiting a trade to manage ones emotions.




Click here to visit the SilverChartist website


    Nov 22, 2023 22:44 PM

    There is another player in the Baie Verte region of Newfoundland, Auteco Minerals, they are owned by Bellevue Mining an ASX listed gold producer. Auteco is listed in The US and not Canada. The interesting thing is they need Maritime Resources milling capacity. Maritime is one of those stories you want to get interested in before the crowd. IMHO=In My Humble Opinion! Of course, don’t forget about the guerilla NFG! Cheers!

    Nov 23, 2023 23:05 AM

    Happy Thanksgiving to all the posters in the U.S.! Looks like the long consolidation in gold might be finally ending soon. Good luck to all!

    Nov 23, 2023 23:15 AM

    Charles Fipke is The CEO of Cantex, if you don’t know who he is, he discovered and built the Ekati Diamond Mine, but more importantly when he gets behind a project, he has a lot of followers who have made a considerable amount of money on Ekati and they will follow him all the way. DT

      Nov 23, 2023 23:03 PM

      Cantex is up 40% if the American market was open, I believe it would be much higher. DT

    Nov 24, 2023 24:40 AM

    Impact silver…Looks quite possible that the downtrend just ended today…..Nice hammer formed on daily w also a nice weekly doji…..Looks like it will miss my buy target of .1263…..I will leave the buy on…glta