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

Conventional “Wisdom:” Markets move up and down, but the stock market always comes back. The DOW is frothy and needs a correction, but the stock markets are healthy and big gains lie ahead.
“Russia and China are well-positioned to execute the greatest gold short squeeze in history. Of course, they have no interest in doing so right now because both are still buyers who favor low prices. At some point, they will flip to...
Gold is one of nature’s finest creations. On the other hand central banks create trillions of fiat currency units – dollars, euros, yen, quataloos, whatever – from nothing and use those currency units for purchases … Apple stock, salaries...
Bubbles always pop, whether they exist in stocks, gold, confidence in the media, belief in central bank omnipotence, real estate, or debt. Yes, it could happen anywhere, and based on history, is likely. This time is not different, unless...
Yes, traumatic market events (falling rocks) occur, even though markets are “managed,” statistics are manipulated, and politicians pretend to care about something besides their next election.
As discussed in the James Rickards book “The Road to Ruin” and elsewhere, we know much is currently wrong with our financial world.
Central bankers are managing paper currencies for the benefit of the people, not the financial and political elite. Consequently consumer prices are stable and there is no reason to own gold as protection from currency devaluations.
Examine the picture below. The global economy thrives on debt and credit. We purchase essential products using debt/credit. The U.S. dollar bill is a debt of the Federal Reserve. All debt based assets have counter-party risk.
What happens when new currency is created with few limits by central banks and commercial banks? Answer: Far too much debt and currency are created. Central Bank Balance Sheets have increased by $10 trillion in the last decade and $1...
Gold has no counter-party risk in a 2008-style crash. The continual devaluation of the US dollar is inevitable. Gold will eventually return to its true historic role as money. The destruction of government balance sheets, continual...

Pages

Gold weighs 19.3 times as much as an equal volume of water.