Silver Prices, Central Banking, Military Adventures, and the Moron Award

By John Franczak*, Liberty Gold and Silver News Contributor

Thirty plus years ago, while I was a junior analyst with a Wall Street precious metals periodical, I learned the beauty of Point and Figure charting. It is always insightful to view price movement by itself for the purpose of removing all the “noise” of short term moves and volatility. It reveals the true trend of any market, and as you know, the trend is your friend until it ends. That may sound trivial but rings very true to market movement and pricing.

I have included a continuous CME chart of spot silver on a point and figure basis. As you can see, the trend has been down with lower highs and lower lows since April of 2011; a severe, long-term down trend that erased over 71% of spot silver’s value. A double bottom in late 2015 set the stage for a new long term bullish phase. Last month, spot silver broke that down trend line beginning what we believe is a new, long-term bull market. For those of you who are new to Point and Figure charting (PnF), o’s signify declining prices while x’s indicate rising prices. July’s upside breakout is a sign of things to come in the entire precious metals complex as silver has confirmed the breakout in gold, very similar to Dow Theory that declares bullish confirmation when the Transports confirm the Industrials.

However, besides the technical PnF breakout (see chart above), there are many fundamental and geopolitical forces working overtime that should bode well for silver and gold’s 2016 up trend. Some of these forces are: over 25 current global armed conflicts, rising war tensions between the West and Russia and China, irresponsible and criminal politicians, totally out of control central bankers, radical currency devaluations, not to mention over $12 trillion in sovereign debt negative interest rates whereby governments steal your money right before your eyes. Gold and silver are great hedges against all of this chaos as well as great stores of value. There is a very strong likelihood that the present up trend in the precious metals will continue. Now is the time to take advantage of this trend reversal.

To learn more about the rewards of precious metals investing, including how to fund your existing IRA with gold or silver, call Liberty Gold and Silver seven days a week at 888.751.3330. To learn about the most generous affiliate marketing program in the precious metals industry, please visit the Liberty Gold and Silver Affiliate Marketing Program. We’re happy to spend as much time as you need to discuss the details with you.


*John Franczak is the editor of Gold Street Journal,

Thanks to John Franczak!


What will prompt a massive increase in the prices for silver and gold? Currency devaluations (thanks to central banks), economic stupidity, supply shortages, war, increasing investment demand, and more. Consider the following as you think about gold and silver:


Central Banking:


How the Fed has screwed the many to benefit the few.

(Read this!)

The Fed is an abomination, and the American Federal Reserve in particular is an insult to every investor who believes in capitalism, economic progress, and political freedom.”

Central banks can only do one thing, and that’s provide monetary welfare for the wealthy.” (And force silver and gold prices much higher, as they have done for a century…)

As The World Economy Is Burning Central Bankers Are Clueless”

Two Central Banks Just Printed Billions In Paper Currency … And Immediately Bought Gold Mining Stocks” (Sounds like counterfeiting currencies to purchase real value…)

Military Adventures:


A whiff of World War III hangs in the air.”

(Pick your poison – nuclear or conventional war.)

Defense Contractors Tell Investors World War III is A ‘Historic Opportunity’ and Great for Business’”

(Hmmmm. Sounds correct.)

Moron Award:


And in my opinion, the moronic statement (aside from politics and Presidential candidates) for the week was:

Gold had its place in history as a store of value, but its place in today’s world no longer makes sense.

Stack Gold! Stack Silver! Central banks and governments will continue to devalue currencies and destroy their economies. Stack Silver! Stack Gold!


Gary Christenson

The Deviant Investor

4 thoughts on “Silver Prices, Central Banking, Military Adventures, and the Moron Award

  1. First of all I want to say superb blog! I had a quick question in which I’d like to ask if you don’t mind.
    I was curious to find out how you center yourself and clear your mind before
    writing. I have had trouble clearing my mind in getting my ideas out there.
    I truly do enjoy writing however it just seems like the first 10 to 15 minutes are wasted just trying to figure out how to begin. Any suggestions or tips?


    • Thank for the compliments. As for the process, I have no answer that will work for everyone. What works for me is:

      1) Keep trying. Some ideas are discarded.
      2) You can never edit too much.
      3) You must have a general idea regarding where you are going to finish.
      4) You must find what works for you.

      good luck.
      The Deviant Investor

  2. From all indications the world is approaching a singularity, an event never before encountered throughout the annals of history. Absolutely nothing has occurred in the past that would equal the current levels of debt and at a time when every world currency is of the fiat variety. I am not even sure if the term singularity is sufficient to describe the coming financial and monetary reset, the term, reset, is likely a serious misnomer as well. When it dawned upon me, and I was late compared to many, I expected the house of cards to collapse shortly after that recognition. That it continues to stand is surprising, however the machinations by the central banks to keep this house of cards standing have been of such desperate inventiveness that I marvel at the absurdity of that inventiveness. It is clear that the situation is spiraling out of control. When such absurdities, those acts that challenge common sense, are put forth, zero interest rates, negative interest rates, while quantitative easing presumes to be a rational measure, further contributes to the recognition that the world has gone mad.
    Unfortunately at this point I am not even sure if precious metals will preserve and protect one’s purchasing power in the coming era, especially when considering what is about to befall mankind, however not having the benefit of history to guide one through this singularity, precious metals appear to be the only logical solution to the coming events. How dire will the future be? A Mad Max scenario where anarchy becomes the norm? Perhaps events similar to The Great Depression but of a deeper and prolonged nature will occur, but then it is a certainty that the Four Horsemen will likely reign for an extended period of time.
    I lie awake at night repeatedly going over the same scraps of information seeking an answer, a clue to resolve my concern over future events. While I do not yet have that clue or answer and I have no real conception of just how this will ultimately play out, precious metals continue to be the logical conclusion barring the possession and use of the proverbial crystal ball. Precious metals coupled with a little brass encased lead, fortitude and frequent communication with the almighty in seeking divine guidance appears to be the only rational recourse.
    I am open for both criticism and suggestions. Comment please if you disagree with my presumptions.

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