GE Christenson

Gary 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.

GE Christenson Articles

Sometimes details obscure the bigger picture. The following graphs do not show most of the details and “noise.” These log-scale graphs show one bar every four years (plus April 2018) based on official debt on July 1st, or the average of...
We cannot borrow our way out of debt. We cannot spend our way into prosperity. We cannot tax ourselves into wealth. We trust sane individuals also understand the following. We can’t fix an excessive debt problem with more debt. (Central...
The song “Cell Block Tango” from the Oscar winning movie “Chicago” included the line, “He Ran Into My Knife Ten Times.” The American people have “run into a financial knife” many times in the last century. (Solutions listed at the end.)
The western world has ignored economic realities for decades. It’s not a Republican or Democratic problem. Banking, power, fiat currencies, dishonest money and transfers of wealth are the issues. The consequences of ignoring reality are...
Hyperinflation Myths: Hyperinflation occurs in banana-republics and not modern western countries. Hyperinflation cannot occur in the United States because the U.S. issues dollars – the reserve currency.
 “There’s a lady who’s sure…All that glitters is gold…And she’s buying a stairway to heaven.” Led Zeppelin released the iconic song “Stairway to Heaven” in 1971, shortly after President Nixon released the dollar from gold backing. The...
The problem with debt is the creditor expects to be repaid. Sovereign debt will be “rolled over,” never extinguished, and repaid with new debt. We delude ourselves and pretend total debt will increase forever (it can’t). That explains...
Quick summary: U.S. debt, spending and deficits are out of control. Thinking otherwise is delusional. The “runaway train” of debt creation will end tragically. Protect your assets from a mathematically assured disaster while you can. Buy...
Headache? Muscle ache? Back ache? Take a pill! An over-the-counter pill will diminish the symptoms and pain. The consequences will come later.
What Storm? Why do we need shelter? The stock market hit all-time highs in January, corrected, and might rally to new highs… or maybe not… See below. Official unemployment is low if you believe the statistics and ignore the millions...

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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.