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Silver Investing

Steve Penny: Silver, Gold, Uranium — Price Targets and My Strategy

"I do see a deflationary impulse coming, probably in the next 12 months if I had to put a timeline on it,” said Steve Penny of SilverChartist.com.

Steve Penny, founder of SilverChartist.com, explains why he currently has a bullish outlook for gold, silver and platinum, as well as uranium.

“The reaction to the next deflationary impulse is what I believe ultimately sends silver up towards triple digits, gold up towards north of US$10,000 (per ounce),” he explained.


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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.