GE Christenson

GE ChristensonGary Christenson is the owner and writer for the popular and contrarian investment site Deviant Investor and the author of the book, “Gold Value and Gold Prices 1971 – 2021.” He is a retired accountant and business manager with 30 years of experience studying markets, investing, and trading. He writes about investing, gold, silver, the economy and central banking.

Articles by GE Christenson

Each week the CFTC publishes a Commitments of Traders Report (COT) in which “non-commercial” and “commercial” long and short futures positions are reported.  Many people have expressed doubts as to the validity, accuracy and...
Disclosure:  I expected the triple bottom in gold and silver to hold.  It did not!  Silver crashed lower (from $19.28 on August 28 to $17.26 on October 29 to under $16 on October 31) and then gold plunged below $1179 to...
US policies that promote warfare and welfare have produced massively increased debt, much higher consumer prices, larger government, and more central bank intrusion into the markets.  And yes, higher silver and gold prices also...
SENTIMENT: Sentiment for gold (and silver) is very weak – as low as it was at the bottom in June 2013. This suggests both gold and silver are again at or near a bottom.

GOLD TO SILVER RATIO: The ratio is currently about 66 – near the...
The following chart shows:



Silver Prices:  1972 – 1979


 Silver moved upward from about $1.40 in 1971, rallied to about $6.40 in March 1974, and fell to about $4.30 in August 1977.
The March 1974 peak took about 3...
Satire alert!  To the best of my knowledge probably none of the following “news” is true.


 Maverick inventor creates high-tech magnet that extracts gold from sea water.  Price of gold plunges to $750 per ounce. ...
Is a looming war coincident with a depressed gold price and a stock market peak an example of — staring into the great abyss? 

From Peter Cooper:

“A five-year regime of artificially low interest rates is responsible for a bubble...
Global annual silver production is approximately 820,000,000 ounces or a bit more than 25,000 metric tons.  What does that mean in terms that we can more easily understand?

If the global annual mine production of silver were cast...
President Nixon closed the “gold window” in August 1971.  That decision enabled the exponential growth of debt, paper currencies, and prices.  A few examples:



The process is simple and clear.  Remove the gold backing...
Statiscally, gold and silver prices closely follow each other. But what is more important is the ratio between silver and gold and the trend of that ratio.Examine the following chart.We can see that:For the past 27 years (after the 1980...

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Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.