The S&P500 Index has been levitated for 6 years by easy money, low interest rates, buy backs of corporate stock, and so much more.
Can it rally for another 6 years?
I doubt it.
Examine the following log scale...
GE Christenson
Gary 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.
Articles by GE Christenson
Crude Oil is the world’s most important commodity as measured by dollar volume and wars fought to control it.
T-bonds are debt in the world’s reserve currency – the US dollar. The market is huge and important.
What do crude oil...
T-bonds are debt in the world’s reserve currency – the US dollar. The market is huge and important.
What do crude oil...
US T-Bond futures closed Friday, March 27 up nearly 12% from the February close. That was the 3rd largest monthly percent move since 1977 when my data begins and created a 3.61 standard deviation change. This is a huge move....
WHAT EXTREMES?
Crude Oil has fallen nearly 60% in less than a year – back to lows last seen in 2008, after crashing from a high near $147 a few months earlier. The economic consequences in the oil sector will be extreme....
Crude Oil has fallen nearly 60% in less than a year – back to lows last seen in 2008, after crashing from a high near $147 a few months earlier. The economic consequences in the oil sector will be extreme....
What Extremes?
Crude Oil has fallen nearly 60% in less than a year – back to lows last seen in 2008, after crashing from a high near $147 a few months earlier. The economic consequences in the oil sector will be extreme.
The US...
Crude Oil has fallen nearly 60% in less than a year – back to lows last seen in 2008, after crashing from a high near $147 a few months earlier. The economic consequences in the oil sector will be extreme.
The US...
What Extremes?
The S&P 500Index has tripled in 6 years, is overbought, and at an all-time high. See graph showing 7-year cycle highs and overbought indicators.
Earnings do not support the high valuations of US stocks. Note...
The S&P 500Index has tripled in 6 years, is overbought, and at an all-time high. See graph showing 7-year cycle highs and overbought indicators.
Earnings do not support the high valuations of US stocks. Note...
Which silver? Paper silver or real silver?
Silver prices are largely set on the COMEX futures – paper silver. A company can post the margin and sell short thousands of contracts with no actual metal available thereby...
Silver prices are largely set on the COMEX futures – paper silver. A company can post the margin and sell short thousands of contracts with no actual metal available thereby...
Take the S&P Index and multiply by the US dollar index. This removes most of the currency variation. Do the same with silver. The chart of silver times the dollar looks very much like silver priced in euros....
Examine the graph of the silver to gold ratio over the past 25 years.
The major lows in silver prices during the past 25 years are marked with red arrows on the graph. They coincide, more or less, with lows in the silver to gold...
The major lows in silver prices during the past 25 years are marked with red arrows on the graph. They coincide, more or less, with lows in the silver to gold...
Contradictions exist in our less than sane financial world.
Is it sensible to pay insolvent banks to hold your currency? Negative interest rates are now common.
Is it sensible to lend your savings to insolvent governments for 10...
Is it sensible to pay insolvent banks to hold your currency? Negative interest rates are now common.
Is it sensible to lend your savings to insolvent governments for 10...