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.

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The Great Illinois Gold Rush

The Great Illinois Gold Rush

A state salary or pension in Illinois (and many other states and countries) may be at risk. An alternate plan is needed. Politicians will “extend and pretend” instead of addressing structural problems, so those problems will become worse. Unpayable liabilities will not be paid. Consequences will be ugly and may arrive soon. Be prepared! Buy gold (and silver) to protect your purchasing power.

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The Difference Between Gold and Debt

The Difference Between Gold and Debt

The world has added approximately $60 Trillion in debt since 2007, much of it sovereign debt created from deficit spending on social programs, wars, and much more. In that time the world has mined perhaps 30,000 tons of gold, or about 950 million ounces, worth at September 2015 prices a little more than a $Trillion. It is easy to create debt. Debt increases, currency in circulation increases, and until it crashes, life is good for the financial and political elite. But debt increasing 60 times more rapidly than gold indicates that debt is growing too rapidly and due for a reset.

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Silver: There Is Method To This Madness

| September 17, 2015 | Category: Price
Silver: There Is Method To This Madness

If silver had slowly risen from under $10 in 2008 to $15 today, nobody would be excited, but the pervading negative sentiment would probably be absent. The too far, too fast rally and subsequent crash succeeded in crushing sentiment. Not coincidentally since 2011, the dollar and bonds have rallied, and the S&P reached all-time highs. Real assets down, paper assets up! There is method to this madness.

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Gold vs Debt: The Big Picture

| September 16, 2015 | Category: Investing
Gold vs Debt: The Big Picture

Gold prices could (I doubt it) fall further in the short term, since High Frequency Trading dominates trading action, and central banks need to hide the fact that their policies and currencies are failing, which usually means they suppress gold prices. Gold was formerly the “canary in the coal mine” indicating the failure of monetary and fiscal policies. But active suppression of gold prices has replaced the “canary” with a plastic look-alike that disguises the warning signal which tells us that something is very wrong with our monetary policies.

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Outrageous Silver Speculation

| September 10, 2015 | Category: Investing
Outrageous Silver Speculation

Two hundred or four hundred dollar silver! Outrageous! Yes, of course, when we think in terms of today’s dollars, euros, and yen. But what if current deflationary forces overwhelm markets and currencies, debts are defaulted, and central banks panic. Rather than accept crushing deflation, they massively “print” to boost asset prices and thereby create a huge inflation. Instead of dollars and euros, we soon have mini-dollars and mini-euros. Commodity and consumer prices are considerably higher and people and funds are DESPERATE to own something that will retain purchasing power. Gold and silver come to mind!

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The Golden Fleece

| September 8, 2015 | Category: Investing
The Golden Fleece

Buy gold, buy silver, and have faith that our central bankers and politicians will continue to “print” currencies, monetize debt, extend and pretend, and devalue their currencies, thereby forcing the prices for gold and silver multiples higher. Precious metals will retain their purchasing power while paper assets denominated in mini-dollars, mini-euros, and mini-pounds decline and occasionally crash.

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Buy Gold, Sell the S&P

| September 4, 2015 | Category: Investing
Buy Gold, Sell the S&P

My estimation is that various forces will nudge the S&P higher and occasionally levitate it, but deflationary forces will overwhelm both markets and central banks, and global stock markets will continue their downward path. Eventually people and investors will realize that “money” is now debt owed by a government, central bank or corporation that may not be solvent. When confidence in the viability of debt based fiat currencies and confidence in the ability to repay debt diminishes, people will flock to gold investments.

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Gold, Silver And Crude Oil Are Bottoming

| September 1, 2015 | Category: Price
Gold, Silver And Crude Oil Are Bottoming

I’m not convinced that crude oil prices will drop much from here or remain low for many more months. Regardless of the “reasons” listed at the beginning of this article, I think higher crude oil prices are much more likely than lower prices in six months or less.

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Silver, Safety, Manipulation

Silver, Safety, Manipulation

Does anyone care that silver and gold have been real money and a store of value for 3,000 years, or that all unbacked paper money has eventually been inflated into worthlessness? While the central bankers and politicians distract the populace with Donald Trump stories, they prolong the game … and the wealth transfers.

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Silver and Warnings from Exponential Markets

Silver and Warnings from Exponential Markets

Silver prices are currently low compared to global debt, CEO bonuses, government spending, official US national debt, the S&P 500 Index, silver prices in 2011, money in circulation, gold prices, military spending, pension underfunding, and the prices of college tuition and health care. Silver prices will increase substantially in the next five years.

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Warnings From Exponential Markets vs Gold

Warnings From Exponential Markets vs Gold

Markets go up and down. Debt however, based on over 100 years of central bank and politician foolishness, only goes up – until a great deflationary crash that may not happen. Expect debt to increase, politicians and central banks to spend and “print” and markets to boom and bust and follow exponential trends higher. When markets get overextended in either direction, they reverse, or regress to the mean. The 64 Trillion Dollar questions are which markets and when? Look at the graphs again and ask yourself if you truly expect higher S&P prices along with lower gold prices, OR THE REVERSE.

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Gold Facts and Gold Speculations

| August 18, 2015 | Category: Price
Gold Facts and Gold Speculations

Yes, economic and financial conditions probably will deteriorate, central banks will print, and gold prices will rise. The next 8 year gold cycle low is due in 2017 – it might be a short and sharp drop leading into several more years of rally toward the 8 year cycle high around 2019. However cycles may become less important as a consequence of overwhelming economic and financial stress. We shall see much higher gold prices, regardless of cycle influences.

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Silver – More Evidence of a Price Bottom

| August 13, 2015 | Category: Price
Silver – More Evidence of a Price Bottom

Debt will be paid or liquidated. It can be paid with newly “printed” money, or it can be defaulted. I fully expect central banks to paper over defaults with more “printed” money. Either way, expect more QE, devalued fiat currencies, and higher prices for real money – silver and gold.

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Silver Cycle Low – NOW

| August 12, 2015 | Category: Price
Silver Cycle Low – NOW

Silver is at or very near an intermediate bottom and an 82 month cycle low. Long term cycles indicate another high is due in about four years – plenty of time for silver to rally far higher.

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