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About Gary Christenson

Gary Christenson is the owner and writer for the popular and contrarian investment site Deviant Investor and the author of several books, including “Fort Knox Down!” and “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. Many years ago he did graduate work in physics (all but dissertation), so he strongly believes in analysis, objective facts, and rational decisions based on hard data.

Gold and Mining Stocks Update

Gold mining stocks have been hammered since 1995 and especially after 2011. They remain below 1995 levels. A cursory glance tells us that mining real money – aka gold – is not valued by the market. Instead, capital flowed into Internet stocks, housing, Facebook and other bubble stocks. Internet stocks crashed in 2000, housing crashed [...]

By |2018-04-19T12:12:59+00:00April 19th, 2018|Gold & Silver Commentary|

Stock Market Peaks and Metals Opportunity

Stock markets have peaked. Certain – no. Probable – yes. Why? I’m certain that death, taxes and High-Frequency-Trading are unavoidable. But have the Dow, S&P 500 and NASDAQ 100 peaked? Look at the chart of the NASDAQ 100 since 1992. In 2000 and 2018 the index rose too fast and went too far. By most [...]

By |2018-04-05T16:40:43+00:00April 5th, 2018|Gold & Silver Commentary|

Silver, Gold, Stocks, and Bonds are Transitioning

Nothing is certain but death, taxes, central bank intrusions, market corrections and High-Frequency-Trading (HFT). Short-term moves are dominated by HFT computers, news (real or not), and central bank created liquidity. This article examines long-term trends. SILVER: Silver prices move farther and faster than gold prices, both up and down. At the beginning of long term [...]

By |2018-03-02T01:07:17+00:00March 2nd, 2018|Gold & Silver Commentary|

5 Forces That Will Drive Gold Higher In 2018

Gold prices are rising. They bottomed in December 2015 at $1,046, a year later in December 2016 at $1,124, and again in December 2017 at $1,241. The bull market in gold has shown renewed life, as the bull market in stocks is displaying weakness, old age, and terminal blow-off behavior. 1 - DOLLAR DEVALUATION: Potentially [...]

By |2018-02-02T07:48:15+00:00February 2nd, 2018|Gold & Silver Commentary|

Silver Antidote to Bubble Craziness

CHARACTERISTICS OF BUBBLE CRAZINESS: U.S. stocks, according to many measures, are the most over-valued in history. We live in a Bubble Zone! Bitcoin and other cryptos are definitely in a bubble, but they could rise even higher. Bonds yield little, and in many European countries, less than zero. Central banks have created this distortion to [...]

By |2018-01-12T14:54:42+00:00January 12th, 2018|Gold & Silver Commentary|

Will Commodity Prices Reverse Course and Head Higher Soon?

The factories and people of the world need commodities, crude oil, copper, nickel, coffee, wheat and others. But listening to the media, we might think paper stocks, bonds (debt) and Bitcoin are all that matter. Think about it…after a quick trip to your favorite coffee shop, while you enjoy a coffee and muffin, and watch [...]

By |2017-12-21T11:45:08+00:00December 21st, 2017|Commodities, Predictions|

Gold and Silver versus Twilight Zone Bubbles

Every bubble inflates, rises vertically, excites the masses (get rich now – don’t be left behind), appears unstoppable and crashes. The sun rises and sets. Twilight emerges. Empires, markets, and ideas enter their twilight zone where huge changes occur. Those changes may not happen next week or next month, but soon. Expect the bubbles in [...]

By |2017-12-01T01:27:19+00:00December 1st, 2017|Gold & Silver Commentary|

Gold and Silver Thanksgiving Update

Big Picture Perspective: Consider the 30-year graphs for gold and silver.  Both peaked in 1980, corrected for 20 years and bottomed in 2001. Following 9-11, official U.S. national debt substantially increased, while the actions of the U.S. government, Federal Reserve, and commercial banks continually devalued the dollar. Bond markets extended their multi-decade bull run (yield [...]

By |2017-11-08T15:14:19+00:00November 8th, 2017|Gold & Silver Commentary|

Silver, Stock Markets and TANSTAAFL

SILVER: Silver has been the money of commerce for several thousand years.  In contrast, unbacked debt-based fiat currencies have been a devaluing money substitute for decades. According to the St. Louis Federal Reserve, total debt securities and official national debt have increased exponentially for decades.  Prices for the stock market, silver, gold, food and most [...]

By |2017-10-26T17:19:57+00:00October 26th, 2017|2017 predictions|

What You Know for Sure that Just Ain’t So!

It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so. -Mark Twain We know many things for sure.  Examples are: In 1913 we knew that a European war was unlikely because European countries would not engage in pointless and mutually destructive actions. Later we [...]

By |2017-10-19T09:14:28+00:00October 19th, 2017|Gold & Silver Commentary|