Caution Is Warranted Heading Into Election | Steve Penny

Steve Penny highlights the bullish long-term outlook for gold and silver, emphasizing that while prices surge, caution is warranted due to the potential for short-term pullbacks. Penny points to the Federal Reserve's unsustainable debt situation as a key factor driving precious metals, predicting that persistent inflation will support their values over the next decade. Technically, he notes that gold breaks previous resistance levels, suggesting targets between $2,500 and $3,000, while identifying key support zones for potential buying opportunities. He expresses optimism for silver, pointing out its favorable risk-reward ratio and the potential for significant upside. Additionally, Penny discusses the undervaluation of platinum, suggesting it could catch up to gold and silver in the coming months.

INTERVIEW TIMELINE: 0:00 Intro 1:30 Gold 5:45 Silver 11:24 Strategy 13:05 Mining stocks 15:10 Silver Chartist 15:45 Election volatility 16:56 Weekly specials

Subscribe for our FREE newsletter - #1 place for gold & silver news & commentary: http://libertyandfinance.com

CANADIANS CAN NOW BUY SILVER & GOLD ONLINE IN $CAD and support this channel! Go to https://mfbullion.ca, and during checkout under the dropdown selection “How did you hear of us (optional),” select: “LibertyAndFinance - Dunagun Kaiser” !

Social Media links YouTube: https://www.youtube.com/LibertyAndFinance Soundcloud: https://soundcloud.com/LibertyAndFinance Google Podcasts: https://bit.ly/3gYtU8Q Rumble: https://rumble.com/c/LibertyandFinance Brighteon: https://www.brighteon.com/channels/dunagun Odysee: https://odysee.com/@LibertyAndFinance Facebook: https://www.facebook.com/LibertyAndFinance/ Twitter: https://twitter.com/DunagunKaiser Gettr: https://gettr.com/user/libertyandfinance Gab: https://gab.com/LibertyAndFinance Parler: https://parler.com/libertyfinance Stitcher: https://www.stitcher.com/show/1023449 Amazon podcasts: https://amzn.to/3SLyANx iHeart Radio: https://iheart.com/podcast/102551300/ Patreon: https://www.Patreon.com/LibertyAndFinance

Donate to Support Our Mission! https://www.Patreon.com/LibertyAndFinance or https://www.paypal.me/ReluctantPreppers

Liberty and Finance LLC receives financial compensation from its sponsors. The compensation is used is to fund both sponsor-specific activities and general report activities, website, and general and administrative costs. Sponsor-specific activities may include aggregating content and publishing that content on the Liberty and Finance website, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Liberty and Finance to publish sector-specific information on our site, and also to create content by interviewing experts in the sector. Liberty and Finance LLC does accept stock for payment of sponsorship fees. Sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. The Information presented in Liberty and Finance is provided for educational and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The Information contained in or provided from or through this forum is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The Information on this forum and provided from or through this forum is general in nature and is not specific to you the User or anyone else. YOU SHOULD NOT MAKE ANY DECISION, FINANCIAL, INVESTMENTS, TRADING OR OTHERWISE, BASED ON ANY OF THE INFORMATION PRESENTED ON THIS FORUM WITHOUT UNDERTAKING INDEPENDENT DUE DILIGENCE AND CONSULTATION WITH A PROFESSIONAL BROKER OR COMPETENT FINANCIAL ADVISOR. You understand that you are using any and all Information available on or through this forum AT YOUR OWN RISK. Some or all of this video description and timeline has been written by AI tool: https://chatgpt.com/ All Rights Reserved. ... https://www.youtube.com/watch?v=q7kz3vABbi4