Author Archive: Gary Christenson
I am a retired accountant and business manager who has 30 years of experience studying markets, investing, and trading futures and stocks. I have made and lost money during my investing career, and those successes and losses have taught me about timing markets, risk management, government created inflation, and market crashes. I currently invest for the long term, and I swing trade (in a trade from one to four weeks) stocks and ETFs using both fundamental and technical analysis. I offer opinions and commentary, but not investment advice.
10 Days Left For The End Of Times? What Did We Learn?
In exactly ten days, the Mayan calendar is ending a super cycle of 5125.36 years. The fuzz that was created about the end of the “world” was successful for the popular media. In reality, the world will still exist in 2013 but the point is that times could be changing. To answer the question what could be changing, the first step is to look back and try to see the key learnings of what we human beings have realized. Gary Christenson gives his view on the subject from a macro economic, monetary point of view. Yes indeed, this affects all of us and, more importantly, our future. The world will not end […]
Gold, Silver & Words Of Wisdom For Christmas
Our day-to-day focus often makes us forget the higher values in our lives. Yes undoubtedly economic and monetary matters are important and an integral part of life. But let’s not forget there is much more. There is gold, there is silver … and just us with the values that we created over time as human beings. With the end of the year nearing, it’s time to take some distance and put things into perspective. Gold and silver carry strong values, but we humans should be proud as we have even more values. Time for some wise words, written by a retired accountant who has been in financial markets for more […]
A Planned Crisis? Hold More Gold!
We have been talking relentlessly on GoldSilverWorlds about the destruction of currency, inflation, negative real interest rates, the theft of purchasing power by excessive money printing, the risks of derivatives and the current bond bubble. We are clearly on a path to wealth destruction. Try now for a second to imagine that this path is intended and created consciously. Suppose that would be true, then what are the motives of our leaders to do so? What could be their benefit? Franklin D. Roosevelt, the 32nd president of the United States said, “In politics, nothing happens by accident. If it happens, you can bet it was planned that way.” Consider these […]
Paper Money, Train Wreck And The Need For Gold & Silver
The author explores in this article how the current financial system will soon turn into a train wreck. The long term bull market in paper based financial assets has ended but our politicians are undertaking truly heroic actions to keep this paper based money system going. Mathematically it’s impossible in the meanwhile to continue this way. So in either situation, there will be a painful resolution and whichever scenario plays out, there is only asset class that will offer protection: gold and silver. Begin with a few facts and assumptions and follow the logic: Gold has been a store of wealth for more than 3,000 years. Silver has been used […]
$100 Silver! Yes, But When?
There are many predictions for the price of silver. Some say it will crash to nearly $20, and others proclaim $100 by the end of 2012. The problem is that some predictions are only wishful thinking, others are obvious disinformation designed to scare investors away from silver, and many are not grounded in hard data and clear analysis. Other analysis is excellent, but both the process and analysis are difficult to understand. Is there an objective and rational method to project a future silver price that will make sense to most people? Yes, there is! I am not predicting a future price of silver or the date that silver will trade […]
$4,000 Gold! Yes, But When?
There are hundreds of predictions for the price of gold. Some say it will crash to nearly $1,000, and others proclaim $3,000 by the end of 2012. The problem is that some predictions are only wishful thinking, others are obvious disinformation designed to scare investors away from gold, and many are not grounded in hard data and clear analysis. Other analysis is excellent, but both the process and analysis are difficult to understand. Is there an objective and rational method to project a future gold price that will make sense to most people? Yes, there is! I am not predicting a future price of gold or the date that gold will […]
Part III – Did You Get These Warnings? Gold?
Bernanke announced on September 13, 2012 a massive “money printing” program – QE3 – that will increase the money supply, help the large banks, create more commodity price inflation, and lower the standard of living of most of the middle class in the United States. Read what other authors had to say about QE3: We Have Been Warned! – Part 2 It is relatively easy to predict further commodity price inflation and that hard assets, not paper assets, will help protect purchasing power. But it is much more difficult to project where else this money printing leads and to what extent a crash is inevitable. What is the endgame? Will it […]
Part II – Did You Get These Warnings? Gold?
The author does a terrific job again, this time in summarizing the most important thoughts about the current economic effects on the monetary policy of the US government (in casu QE3). Although a lot has been written about QE3, it can be difficult for people with no economic background, to connect the dots between monetary actions, economic effects, personal risks. Furthermore, with a limited understanding of monetary matters, it can be difficult to distinguish the benefits that are argued by policymakers versus the real benefits / risks. From that point of the view, the following article succeeds in bringing an understandable summary of what really is happening in our economy as […]
Deviant Investor about Gold, Counterparty Risk & Investing In Paper Assets
The author of this article explores maybe the single most important risk of the current and past decade: counterparty risk. In fact, as an investor you MUST take that risk into account. Gone are the days where investing in paper assets would yield high percentages and worst case lose a couple of them. In today’s reality, losing everything while being in the right asset class, is the “new normal”. Indeed, investing in gold via MF Global would have returned zero, while gold and silver were the best performing and safest asset classes of the past decades. The reality is that the financial paper cycle is over and that the commodities […]
Silver Price: Short-Term Update On October 10th 2012
I know it is practically heresy to suggest silver and gold could go down, especially after Bernanke has announced $40 Billion per month of bank bailouts (QE4-Ever) that is supposed to increase employment, but consider: Using SLV as a proxy for silver, (SLV is usually about a buck lower than spot silver) SLV hit a low on June 28 at $25.34. On October 1 it touched $34.08, an increase of 34% in 3.5 months. Nice move! Silver looks tired. SLV closed on September 13 at $33.75 and has effectively gone nowhere since. The close on October 5 was down $0.30 to $33.45. Many are saying that the “line in the […]
Did You Get These Warnings? Gold?
Editor’s Note: It’s easy not to see the fundamental developments because of the day-to-day news streams and information overload (we tend to call it “noise”). So it can take some time to start connecting the dots and clearly see a red line. In this article, people who are not seeing it clearly yet, get some hints. As far as the link with precious metals is concerned, it’s very simple in our view: could there be a link between the warnings described in this article and the price of gold? “Oh … so it’s not the gold price going up, but something else coming down?” November 21, 2002: Bernanke gave his “helicopter” […]
Investment Poker: Nightmare in the Danger Zone
You just took $500,000 (half your net worth) and sat down at a no-limit Texas Hold ‘em game in the Wall Street Casino. You are anxious but feel confident, based on good intelligence and planning. Then you look at the other players at the table: A prominent Washington D. C. lobbyist. A TBTF (Too Big To Fail) banker with deep political connections. The CEO of a major oil company with tentacles into a dozen countries and strong influence in Congress. A Senator known for his insider trading information derived from his Committee Chairman post. A High Frequency Trader with banks of computers at his disposal in addition to several PhD’s […]
Tips On How To Time Gold Purchases with Technical Analysis
Technical Analysis is mathematical analysis of the market based on price action, but not the fundamentals of supply, demand, costs of production, and hundreds of other important factors (fundamental analysis). Many people will tell you Technical Analysis does not work. I disagree. If you understand its limits, it works quite well. Do I completely trust technical analysis? Certainly not! I want to know as much as I can about any market I trade, whether it is gold, wheat, an oil stock, or the S&P 500 index, and that includes as many fundamentals and as much relevant technical analysis as possible. How many times have you heard commentators examining the same data, and […]
