‘Lust for Gold’: Life, Death, and Deception in the American Southwest

This film tells the story of the Lost Dutchman’s Gold Mine.
‘Lust for Gold’: Life, Death, and Deception in the American Southwest
Jacob “Dutch” Walz (Glenn Ford) and Julia Thomas (Ida Lupino), in “Lust for Gold.” Columbia Pictures
Ian Kane
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NR | 1h 30m | Romance, Western | 1949

Adventure films have always been a staple of cinema, offering audiences a chance to escape into worlds of daring quests and hidden riches. Many of these films revel in the fantastical and over-the-top events. Some of the most engaging stories root their tales in a very human obsession: the unyielding desire for lost treasure. These stories tap into our universal curiosity and longing for wealth and fame. This obsession can drive individuals to risk everything in pursuit of something extraordinary.

Films like “The Treasure of the Sierra Madre” (1948) serve as cautionary tales, warning of the dangers that come with unchecked greed. Modern blockbusters like “Uncharted” (2022) deliver high-octane thrills, complete with impossible stunts and globe-trotting escapades. All of the journeys are perilous quests that test the limits of human endurance and loyalty.

Some draw from actual historical events. One of these is “Lust for Gold” (1949). This film not only entertains, but also delves into one of America’s most famous lost treasures: the Lost Dutchman gold mine.

Barry Storm (William Prince) faces danger in the desert, in “Lust for Gold.” (Columbia Pictures)
Barry Storm (William Prince) faces danger in the desert, in “Lust for Gold.” Columbia Pictures
Set in the American Southwest, the film explores the mystery and legend surrounding this fabled mine. The story, as the narrator says, is based on both historical accounts and folklore. It boasts a top-drawer cast, including Glenn Ford and Ida Lupino.

Finding ‘Precious Yellow Metal’

The tale begins in the sun-scorched deserts of Arizona during the 1940s, where the legend of the Lost Dutchman gold mine lures treasure seekers into the treacherous Superstition Mountains, located east of Phoenix. Floyd Buckley, a well-known writer, makes his way through the rugged foothills. He’s on a quest to uncover the fabled mine but meets a sudden and violent end when gunfire echoes across the barren landscape, and he is sniped by an unseen assailant.

The sole witness to the murder, fresh-faced Barry Storm (William Prince), runs to the local authorities, who initially suspect he’s involved. Storm explains that he’s been following Buckley, not out of malice but because he believes himself to be the grandson of Jacob “Dutch” Walz (Ford), after whom the treasure is named.

Buckley had earlier refused Storm’s request to join him on the search for the lost gold mine, so Storm secretly trailed the now-deceased man out of curiosity and a desire to uncover the truth about his supposed heritage.

Julia Thomas (Ida Lupino) and Jacob “Dutch” Walz (Glenn Ford) meet under unusual circumstances, in “Lust for Gold.” (Columbia Pictures)
Julia Thomas (Ida Lupino) and Jacob “Dutch” Walz (Glenn Ford) meet under unusual circumstances, in “Lust for Gold.” Columbia Pictures

Once Storm is cleared of suspicion, Deputy Ray Covin (Will Geer) fills him in on the history and legends surrounding the lost treasure. This transports viewers back to the Old West of the 19th century by way of flashback.

In the flashback, Dutch and his old-timer associate, Wiser (Edgar Buchanan), are shown setting up in a town near the Superstition Mountains. Through cunning and deception, they manage to discover the mine, which Apaches had reportedly sealed off after outsiders offended the tribe’s deity.

After Dutch emerges as the sole profiteer, news quickly spreads through town that he’s struck it rich. This attracts  schemers, bushwhackers, and opportunists, all eager to learn the mine’s exact location.

Intriguing Characters

The bulk of the film focuses on the flashback, depicting Dutch’s interactions with a cast of colorful characters, including the alluring seductress Julia Thomas (Lupino) and her tortured husband, Pete (Gig Young), who are both drawn into the web of greed and intrigue surrounding the lost gold.
Julia Thomas (Ida Lupino) and her husband Pete (Gig Young) bickering, in “Lust for Gold.” (Columbia Pictures)
Julia Thomas (Ida Lupino) and her husband Pete (Gig Young) bickering, in “Lust for Gold.” Columbia Pictures

Both the main and supporting characters are well-crafted, keeping the audience guessing throughout. The plot revolves around people s over the years trying to find or, in the case of the Native Americans, hide, “20 million dollars worth of precious yellow metal,” as the narrator states in the first act. The characters’ motives aren’t always what they appear. Just when one character’s intentions seem good, it turns out that wasn’t necessarily the case. By the film’s end, one character ultimately realizes that the treasure may not be as important as he or she initially believed.

Ford doesn’t appear on-screen for quite some time. However, when he does, he is virtually unrecognizable. Ford seems to have put on a few pounds for the role, and sports a beard that accentuates his puffy cheeks. Not only does he physically disappear into his role but he also plays an unscrupulous rogue, showcasing his versatility as an actor.

I also enjoyed the performances of the other cast members, particularly Lupino’s, whose natural sparkle makes her practically gleam whenever she enters a room. Her voice, deeper than that of many starlets of the era, adds gravitas to her character’s lines.

Gig Young’s portrayal of a tormented husband is also gripping. Despite his career’s downward spiral due to alcoholism and his tragic death, Young’s body of work remains impressive, with many notable films and TV shows to his credit.

“Lust for Gold” is filled with interesting characters, though I was slightly disappointed that its top stars have less screen time than I would have liked. Nonetheless, it’s an entertaining tale steeped in American history and myth that might inspire viewers to delve into the legend of the Lost Dutchman gold mine.

“Lust for Gold” is available on Apple iTunes, Prime Video, and Vudu.
‘Lust for Gold’ Directors: S. Sylvan Simon, George Marshall Starring: Ida Lupino, Glenn Ford, Gig Young Not Rated Running time: 1 hour, 30 minutes Release Date: June 10, 1949 Rated: 3 1/2 stars out of 5
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Ian Kane
Ian Kane
Author
Ian Kane is an U.S. Army veteran, author, filmmaker, and actor. He is dedicated to the development and production of innovative, thought-provoking, character-driven films and books of the highest quality.