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California Gold Rush

Believe It or Not, It's Another CA Gold Rush

While there's nobody living that can deliver first hand accounts of the California gold rush that happened 160 years ago, we're quite familiar with the history of settlers moving West in search of golden fortune. The population surge had such an impact on CA that it was prompted into early Union admittance as the 31st state, transformed cities like San Francisco and Sacramento into centers of commercial activity, and gave the state a reason to advance its agriculture practices.

If the original gold rush completely transformed California, then what would happen if there was a sequel? We may find out soon enough, because the dramatic rise in gold's price has caused some people to gear up for another rush on the metal. According to Harrigan McGregor, owner of GoldFeverProspecting.com, a mining equipment retailer in northern California, "This is the second big California gold rush. We’ve had a lot of phone calls from people who are quitting their jobs and prospecting full-time.” Talk about risky business.

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princessjaslew princessjaslew 8 years
haha. gold prices always go up during times of crisis.
PinkTulip PinkTulip 8 years
oh gosh...my boyfriend has been talking about going gold panning up in the sierras for over a year now! I guess he was on to something! I actually panned for gold in 5th grade here in california and it was very fun-i didn't find anything though
PinkTulip PinkTulip 8 years
oh gosh...my boyfriend has been talking about going gold panning up in the sierras for over a year now! I guess he was on to something! I actually panned for gold in 5th grade here in california and it was very fun-i didn't find anything though
calliope calliope 8 years
Interesting idea, but I'm doubtful that there could be very much gold "discovered" considering people own most of the land in California. I don't know a lot about property laws, but I'm sure you can't go digging in someone else's backyard or wildlife protected areas. Good luck to the people who are trying it, but it seems like the .com boom of the 90's, worked for some and lost a lot of people a lot of money.
RosaDilia RosaDilia 8 years
Very risky. I'm considering cashing in on gold jewelry that I haven't worn in years and paying of some CC debt with the cash.
raieven raieven 8 years
lol good luck.
raieven raieven 8 years
lol good luck.
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