Expect $30 silver price, then $50 soon after, by 2022 – Steve Penny

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)

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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