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Melman on Gold & Silver

The focus of attention by the financial media during past month has shifted considerably away from the international political and terrorist outlook and turned clearly toward important developments as they appear likely to affect the outlook for the US and worldwide economies in the coming year.

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Melman on Gold & Silver


Keeping track of the news during the past month was like watching the later rounds of a boxing match, the part where the light jabs and the “feeling out” of the opponent were passed and the heavy hitting begins, because last month we were hit with several powerful stories affecting our markets.

The Treasure Detective—Part III


In the 1800s, rich silver and gold mines along the eastern Sierras were supplied from Los Angeles by a wagon road with an important stage stop at Freeman Junction. Wagons carrying the gold and silver back from the mines to Los Angeles followed the same wagon road. A cottage industry of robbery arose where numerous individuals made a living holding up these wagons and making off into the hills with the loot.

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