Chris Duane on Why Silver Has Not Gone Up

jones gold 2In his latest update, Silver Bullet Silver Shield’s Chris Duane responds to questions on why silver has traded down over the past year and a half since May 2011, and whether it is time to follow many precious metals analysts, and sell their metals.
Duane responds by discussing silver’s Giffen good status, market sentiment, and a review of the fundamentals.
Duane states that while this is the right path, it is not the easiest to walk, and urges precious metals investors ready to throw in the towel to consider the fact that the western financial system is in orders of magnitude worse condition today than it was in 2008 when the entire system came within 1 hour of shutting down.
Chris Duane’s full response on why silver has not gone up over the past 2 years, as well as his outlook over the next several years for the metals and markets in general is below:

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