Kelsey Williams
Analyst, Author, and Owner of 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 Facts, contains self-authored articles written for the purpose of educating and informing others about gold within a historical context. In addition to gold, he writes about inflation and the Federal Reserve.
Kelsey is the author of two books: INFLATION, WHAT IT IS, WHAT IT ISN'T, AND WHO'S RESPONSIBLE FOR IT and ALL HAIL THE FED!
Kelsey Williams is available for private consultations, public speaking, and interviews at [email protected]
Kelsey Williams Articles
Before the recent gold price rally, gold advisors and investors had begun the deferral process associated with their short-term expectations for the price of gold.
There are two charts below for your observation. We will review each of them in sequence and then provide some commentary and conclusions.
Last week Goldman Sachs revealed its latest projection for the gold price… “In a report published Thursday, the bank (i.e. Goldman Sachs)said that it is raising its 12-month price forecast to $2,150 an ounce, up from its previous target of...
The Federal Reserve doesn’t know what to do. Even worse, though, is that it probably doesn’t make much difference what they do – or don’t do. The definition of dilemma is: “a situation in which a difficult choice has to be made between...
There seems to be an almost fanatical obsession with ‘fortune telling’ when it comes to the financial markets. Gold is no exception.
When most people talk about inflation, they are usually referring to the higher prices they pay for goods and services. That is not inflation.
The higher price for gold over time reflects the loss in purchasing power of the US dollar. The loss in the dollar’s purchasing power is an effect of inflation.
As is the case with both silver (see Waiting On Silver) and gold, so too has the waiting game proved to be unprofitable for gold stocks. Wishing and hoping for better results doesn’t change the reality of losing (losing – “failing to gain...
Gold is real money; nothing more. That is a hard pill for some investors and advisors to swallow. Actually, it is the second part of the statement that raises the most concern.
Over the past year, the price of gold has made repeated attempts to move higher. Looking at a one-year price history of GLD in the chart (source) below, there is a series of progressively lower highs which seems to indicate staunch...
