Expect $30 Silver Price, Then $50 Soon After, by 2022 – Steve Penny

• Kitco NEWS
  Once silver breaches $30, there would be minimal resistance keeping it back from hitting $50, said Steve Penny, publisher of The Silver Chartist report. Penney told David Lin, anchor for Kitco News, that $50 or even $30 an ounce for silver is unlikely to happen by the end of the year. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow The Silver Chartist on Twitter: @SilverChartist (https://twitter.com/SilverChartist)
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  0:00 – Gold & silver relationship
  2:00 – Gold/silver ratio
  5:40 – Mainstream adoption
  7:10 – Silver price manipulation
  9:05 – Price performance
  11:48 – 1980 silver price peak
  12:45 – Catalysts for $50 silver
  13:50 – Metals and monetary policy
  15:25 – Silver’s monetary role
  17:00 – Siler price forecast

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