News
Fishermen discover Ohio woman’s dismembered remains, leading to cold case being solved after 60 years
In June of 1964, a fisherman made a grisly discovery at a gravel pit in western Ohio — a severed human arm. Four days later, another fisherman found a burlap bag in a nearby canal which contained a torso. Eventually, a human head and a leg were discovered in the same waterway.
The remains were identified as those of 43-year old Daisy Shelton of Dayton — and now, 40 years later, authorities have officially declared the cold case solved. The Miami County Sheriff’s Office announced Friday that prosecutors have approved closing the case after a key witness came forward to identify a suspect who died about 18 months ago.
Finding the alleged killer — who authorities did not name — took several decades. After Shelton’s remains were identified in 1964, the case went cold until 2017. That’s when a witness — who was also not named by officials — came forward to claim he saw someone kill Shelton with a hammer in a home in Dayton and then dismembered her body, the sheriff’s office said. The body parts were then discarded in bodies of water in and around the Dayton suburb of Tipp City, the witness told detectives.
“It was a very grisly murder, even by today’s standards,” Chief Deputy Steve Lord, of the Miami County Sheriff’s Office, told CBS affiliate WHIO-TV.
The person named as the suspect was interviewed multiple times by deputies in 2017. After initially denying even knowing Shelton, officials said he eventually acknowledged that a box from his house “was used to carry the body parts of Shelton” and “it was possible that Shelton was killed in his home.”
He claimed that he was being set up by the eyewitness of the crime but admitted he “looked guilty and could possibly be convicted in court,” the sheriff’s office said.
The witness to the murder gave testimony to a grand Jury, but died prior to the case being prosecuted. Officials did not say if they think the witness played any role in Shelton’s death.
The suspect died in September of 2022 at the age of 92.
Shelton’s granddaughter, Maria Walling, told WHIO-TV that she recently got a phone call from the sheriff’s office informing her that officials were finally ready to close the case.
“It’s very, very shocking that a human being can do that to another human being,” Walling said.
Sheriff Lord said that “cold case homicides are among the most difficult investigators confront” and his department was assisted by the Dayton Police Cold Case Squad.
“Revisiting cases is a crucial aspect of bringing a sense of justice to the victim’s family, even if it comes long after the crime occurred,” Lord said.
But Walling told WHIO-TV that she did not feel like justice had been served.
“To be honest, no,” she told the station. “No one has that right. No one has the authority to take someone’s life.”
News
Is now the right time to invest in gold as prices have cooled?
The price of gold has climbed to record highs recently and has remained strong through much of April. And, that growth continued until the precious metal traded at around $2,390 per ounce on April 19, 2024. But since, growth in the price of the precious metal has cooled, with gold’s price now hovering around $2,300 per ounce.
This lull in gold’s price may represent an investment opportunity.
In general, investing is centered around buying assets when prices are low and selling them when prices are high – generating a profit on the difference between the two. So, considering the declines in gold’s price over the past few days, now may be the time to make your investment. But is buying gold during this lull in prices really a good idea?
Compare your gold investment options among leading brokers now.
Gold prices have cooled. Should you buy in now?
With gold’s price down from recent highs, you may be wondering if now is the right time to buy in. There are several reasons the dip in gold’s price may represent an opportunity to buy. Here are some of the biggest:
Prices may rise again
If looking at a gold price chart shows anything for certain, it shows that changes in the overall growth of the medal come in fits and spurts. Periods of price growth are typically followed by periods of declines and vice versa.
But with inflation rising in recent months – and with gold’s reputation as a safe-haven asset that can hedge against inflation – it only makes sense that the price of the precious metal will eventually start to head up again in the future. While attempting to time that directional change may be tricky, buying the precious metal while the price is down gives you the opportunity to take advantage of any upward movement that may be ahead.
Add gold to your portfolio now before prices have a chance to rise.
You may be able to make a quick profit
Gold isn’t known as an asset in which you can earn a quick return, but in today’s market, that may be the case. Don’t forget that in January, gold was trading at just $2,000 per ounce. And, by mid-April, the commodity’s price had climbed to around $2,400 per ounce. That’s about 20% growth in a matter of months, much of which happened since March 1 – an impressive climb for any investment asset.
Perhaps more importantly, gold’s price growth through the beginning of 2024 shows that the commodity doesn’t have to be a buy and hold style investment that you keep in a safety deposit box or precious metal depository for years to come. There’s also the possibility that the commodity’s price could climb further ahead, making it a compelling way to potentially generate a quick profit.
There are other benefits of investing in gold
There are other benefits of investing in gold that have little to do with the price growth seen thus far in 2024 – or the lull in prices seen over the past couple of days. Those benefits include:
- Inflation protection: Gold has long been considered an inflation hedge, and for good reason. When inflation drives the prices of consumer goods and services up – and the value of the dollar down – gold’s price tends to rise. So, it could be used to maintain the value of your portfolio during inflationary economic conditions. That’s important in today’s economic environment as stubborn inflation continues to weigh on the value of the dollar.
- Portfolio diversification: Gold’s price doesn’t always move in the same pattern that bonds or stocks do. So, mixing a reasonable amount of gold into your portfolio (up to 10% of your portfolio assets) as a diversifier could protect you from losses should one or more of your traditional portfolio assets fall in value. “If you have less than 5% – 10% of your net worth in commodities & FX (forex), you should absolutely consider adding exposure to gold and other precious metals,” says Vijay Marolia, money manager and managing partner at the wealth management firm, Regal Point Capital.
The bottom line
Gold’s price has fallen from recent highs – which may represent an opportunity to tap into growth ahead. However, gold isn’t simply a “buy while it’s low and sell while it’s a high” kind of investment opportunity. The commodity can also protect your portfolio from the stubborn inflation we’ve seen thus far in 2024 while acting as a diversification tool that could increase your risk-adjusted portfolio returns. So, consider adding gold to your portfolio today while it has the potential to grow in value.
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Is now the right time to invest in gold as prices have cooled?