Gold Analyst
Contributor's Links: Kelsey's Gold Facts

Kelsey Williams has more than forty years experience in the financial services industry, including fourteen years as a full-service financial planner. His website, Kelsey's Gold ... more

ALL CONTRIBUTIONS

E Gold And The Elusive Chase For Profits
Owning gold from January 1980 until August 2011 resulted in a cumulative, net loss of ten percent in inflation-adjusted, real terms. With gold currently priced at $1240.00 per ounce, the cumulative net loss balloons to forty-four percent.
Read
E Federal Reserve And Long-Term Debt - Warning!
Won't somebody please say something different about the Federal Reserve? All week long we hear about the most recent Fed meeting, or the release of minutes from the last meeting, or what to expect at the next meeting, etc., etc
Read
E Gold Vs. Stocks: Ratios Do Not Imply Correlation
Some say that an 'investment' in gold is correlated inversely to stocks. But there have been periods of time when both stocks and gold went up or down simultaneously. And gold's fundamentals have nothing to do with the fundamentals for stocks.
Read
E How Much Is Your House Worth Today? Another Crisis Brewing?
We seem to have come full circle in the past ten years or so. The pipe dream of being a millionaire by virtue of owning a home – any home – is stoking unrealistic fantasies once again.
Read
E Gold And Interest Rates - There Is No Correlation
Two ten-year periods of outsized gains in the price of gold. There is no correlation between gold and interest rates. But is there something that correlates with gold?
Read
E Inflation Is Not Our Biggest Threat
Traders, investors, commentators, and news anchors are talking more and more about the threat of inflation. But our biggest threat, economically speaking, is deflation, triggered by a credit collapse.
Read

Comments

Latest Comments
No Silver Lining Here
4 months ago

There are two primary reasons for silver's price surge in the 1970s.

1)Silver mining production lagged consumption for nearly two full decades during the 1950s-60s. During that period, the U.S. Treasury sold silver regularly from its hoard of nearly two billion ounces. This action kept the market price for silver suppressed. By 1970 nearly all of the silver was gone and the Treasury had to stop its sales. Thus, the price of silver was freed to find a presumably higher level that would eventually balance

consumption and production.

2) The United States suspended all convertibility of the U.S. dollar into gold in 1971. Those who were prescient enough to recognize the ongoing threat of further U.S. dollar depreciation, purchased gold and silver based on their historic roles as money.

The Hunt family's involvement simply added to these two forces and likely sent silver prices far beyond any reasonably sustainable level at the time. (From an average price of $1.60 to a high of $49.50 in January 1980 represents a three thousand percent increase.)

In this article: GLD, SLV
A Few Words On The Gold Sector
5 months ago

Nice to know that not everyone is ill with 'gold fever'.

In this article: HUI
1 to 3 of 3 comments

STOCKS I FOLLOW

TWEETS

LATEST ACTIVITY

Kelsey Williams
Gold And The Elusive Chase For Profits $GLD https://t.co/5wfQ8X9LMy
Kelsey Williams
DiMartinoBooth Hi, Danielle. Re: continued attention on the Fed's 2% inflation target, I thought it might be wort… more
Kelsey Williams
Federal Reserve And Long-Term Debt - Warning! https://t.co/AFo9tHfAJU
All Posts

PERSONAL BLOG

Latest Posts
Kelsey Williams Interview With David Scranton
'Inflation' is the new buzz word. And it was the featured topic March 4th on David Scranton's television show The Income Generation. The show airs weekly on Newsmax TV. Kelsey was a featured guest on the show and discussed his new book.

Work Experience

Education

Publications

ALL HAIL THE FED!
Kelsey Williams
Independent
04/19/2018

The United States Federal Reserve Bank has left a century-long trail of damage in its wake. A misguided attempt to manage the stages (growth, prosperity, recession, depression) of the economic cycle has led to nearly complete destruction in the value of our money. The Federal Reserve caused the Depression of the 1930s and worsened its effects. Their actions also...

INFLATION - WHAT IT IS, WHAT IT ISN'T, AND WHO'S RESPONSIBLE FOR IT
Kelsey Williams
Independent
01/18/2018

Inflation is an insidious threat to our financial and economic security. It has been foisted upon us to the point that we are in danger of losing much more than the value of our money. The capital markets are facing risks of immensely greater proportion than those of 2007-08...