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The Financial Repercussions of the WTC Tragedy

If the goal of the September 11 terrorists was to inflict maximum damage on the American psyche as well as American economy, they could hardly have picked a better target than the twin towers of the World Trade Center (WTC).

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Melman on Gold & Silver


As we traveled through the states of Washington, Oregon, California, Arizona, Nevada, New Mexico and Texas we saw the combination of mining towns in stagnation but otherwise, incredible displays of prosperity.

Melman on Gold & Silver


Exactly one month ago—to the day—I was watching in stunned silence, along with billions of others around the world, as the immense tragedy of September 11 played itself out. Since that time, the President has issued a virtual declaration of war; actual attacks against the Taliban strongholds in Afghanistan have begun and the “other side” has threatened an escalation of terror.

Melman on Gold & Silver


The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price of gold and silver.

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