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

The global financial world is increasingly unstable and approaching a reset.  A few reasons why:


Global debt is approximately $200 Trillion and rapidly increasing. Debts are either paid or defaulted.  Default seems likely...
The old game is Rock-Paper-Scissors in which rock breaks (wins against) scissors, scissors cuts (wins against) paper, paper covers (wins against) rock.  The game is balanced with wins, losses, and draws.

The new version is Rock-...
Silver Price reached a 30-year high in April of 2011. Since then it has fallen nearly 70%. In any correction or bear market – call it what you want – we hear calls for lower prices as the market falls. Similarly, as a market rallies we...
Assume you have annual income of $60,000 and credit card debt of $10,000.  No problem.

Assume you have the same income but credit card debt of $360,000.  Big problem!

The US government has annual income of approximately $3...
The S&P500 Index has been levitated for 6 years by easy money, low interest rates, buy backs of corporate stock, and so much more.

Can it rally for another 6 years?

I doubt it.  

Examine the following log scale...
Crude Oil is the world’s most important commodity as measured by dollar volume and wars fought to control it.

T-bonds are debt in the world’s reserve currency – the US dollar.  The market is huge and important.

What do crude oil...
US T-Bond futures closed Friday, March 27 up nearly 12% from the February close.  That was the 3rd largest monthly percent move since 1977 when my data begins and created a 3.61 standard deviation change.  This is a huge move....
WHAT EXTREMES?

Crude Oil has fallen nearly 60% in less than a year – back to lows last seen in 2008, after crashing from a high near $147 a few months earlier.  The economic consequences in the oil sector will be extreme....
What Extremes?

Crude Oil has fallen nearly 60% in less than a year – back to lows last seen in 2008, after crashing from a high near $147 a few months earlier. The economic consequences in the oil sector will be extreme.



The US...
What Extremes?

The S&P 500Index has tripled in 6 years, is overbought, and at an all-time high. See graph showing 7-year cycle highs and overbought indicators.



Earnings do not support the high valuations of US stocks. Note...

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Gold prices fall by Rs 50 on low demand