
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
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 an historical context.
In addition to gold, he writes articles about inflation, interest rates, 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!
To inquire about private consultations, public speaking, and interviews, please contact at email: kwilliams@kelseywilliamsgold.com
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lessALL 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... |
Latest Comments
Consumers And Markets Both Agree, It’s Not Consumer Price Inflation
Great article! Spot on.
Inflation Or Deflation - End Result Is Still Depression
No, not at all. What I meant is that the effects of hyperinflation are catastrophically worse than anything else we are currently experiencing or can imagine.
Inflation Or Deflation - End Result Is Still Depression
The effects of inflation (higher prices for most goods and services) are everpresent and ongoing because inflation created by the Fed never stops. So expect that to continue. You should be happy that we haven't had to experience hyperinflation or credit collapse and deflation. Hopefully we can avoid hyperinflation, but the end result is still economic depression.
No Fear Of Inflation; Threat Of Deflation
The world economy is funded with cheap, over leveraged credit. A credit collapse this time around will likely overwhelm anything the Fed can do to stave off total economic collapse. End result would be full-scale depression.
No Fear Of Inflation; Threat Of Deflation
Interest rates on 20-year US Treasury Bond have more than doubled since last August from less than 1% to more than 2%. The corresponding drop in value of the bond itself is more than 20%. Those are huge moves in a bond market that is already over leveraged and teetering precipitously.
Barrick And Buffett - A Different Perspective
Thank you!
Barrick And Buffett - A Different Perspective
I don't know. I think you might be right, but I'm sure he has input.
MMT - Variation On A Theme
Thanks for your comments. You are correct. I will have more to say about MMT and gold in my next article.
Gold Market Manipulation And The Federal Reserve
Correct. The higher price for gold is a reflection of the corresponding loss in purchasing power of the US dollar; which is an effect of the inflation created by the Fed.
Gold Market Manipulation And The Federal Reserve
Point 1: I am not at all "defending the Fed", as you say. Nor, did I use the word "relic" in reference to gold; or say anything similar to that. The Federal Reserve has destroyed the US dollar over the past century by continually expanding the supply of money and credit. That debasement of the US dollar has led to a decline of more than ninety-eight percent in its purchasing power. That decline in purchasing power is the reason for gold's higher price over time from $20 per oz. to $1700 per ounce. Point 2: Some gold investors are way too price conscious; nay, price-dependent is a more accurately descriptive term. They seem to be constantly in need of higher prices to justify their predictions for gold. Point 3: The purpose of the article is to point out how each time higher price expectations aren't met, the price predictors trot out the price suppression argument. If they understood and accepted the argument for everything it implies, then they would already own physical gold and they wouldn't have to defend their errant price predictions. Point 4: The case for gold is not about price. It is about value. Gold's value is in its use as money and its value is constant and stable. It is the original measure of value for all other goods and services. Gold's price tells us nothing about gold. It tells us what has happened to the US dollar; nothing else.