Steve Penny – Chart Analysis – Silver, SILJ, SILJ to Silver Ratio, Gold, GDX, Gold to Silver Ratio, SRUUF, URNM, Uranium to Gold Ratio
Steve Penny, Founder and Publisher of The SilverChartist Report is back! Steve joins me to rapid-fire through a number of charts and key technical analysis takeaways on the Silver monthly and daily charts, the Amplify Junior Silver Miners ETF (SILJ), the SILJ:Silver ratio chart, the Gold monthly & daily charts, the VanEck Gold Miners ETF (GDX), the Gold:Silver Ratio chart, the Sprott Physical Uranium Trust (SRUUF), the Sprott Uranium Miners ETF (URNM), and the Uranium:Gold ratio chart.
Click below to learn more about Steve’s Silver Chartist analysis & community:
https://silverchartist.com/plans
For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
IPT.V:SLV is up 37% since last Thursday’s intraday low.
https://schrts.co/vInZZkYS
Sell SLV near top and avoid IPT
I get that you have PTSD over IPT but you really should attempt to be rational.
IPTSD is the problem with that garbage little stock and you coming up with these comparisons to ETFs, etc
The only garbage here is your pitiful lack of understanding of every aspect of the this market. You’re ruled by your ignorance-driven emotions which is why my charts confuse and anger you.
https://www.tradingview.com/x/gcmjREaF/
SILVER : Current : Bounce Or Turn?
https://www.tradingview.com/x/BtpnrFaP/
SILVER : Possible Downside (Monthly)
I am a delusional long, so of course I think silver and gold have bottomed!
But, the miners, especially vs the underlying metals? lol. I am *very* cautiously optimistic on that front.
https://www.tradingview.com/x/2cYSU039/
DOLLAR : Current : Stalled Uptrend?
Gold (Money) is holding its own.
All else may be at great risk!
HydroGraph support level currently broken (bid/ask).
You of all people should know that HydroGraph is going a lot higher! DT
https://www.tradingview.com/x/qhtRoCcT/
ETHEREUM : Head Fake Friday?
(HydroGraph Too!)
SILJ’s up 29% against SLV in one week and looks ready to add significantly to that gain…
https://schrts.co/cSbEukpd