yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

This 18th Century Gold Rush Changed How the World Pans for Gold | National Geographic


less than 1m read
·Nov 11, 2024

Gold is the most powerful metal on earth, and Russia is one of the world's leading suppliers of it. It all began in 1745 when a peasant named Tiara Fade Markov, while looking for crystal, found something else: a tiny gold speck inside a piece of quartz. His discovery changed the history of Russia and the world.

Three years after Markov found the first gold, mines like these popped up all over this region. It was grueling work to get an ounce of gold; miners had to cut, grind, and wash more than 7 tons of raw ore. For the next 66 years, this was the only way to extract gold in Russia until Leo Bruce Nielsen made a revolutionary discovery.

A son of a gold miner, Verse Nielsen discovered that gold flecks also existed in the sediment of local riverbeds. He then developed an ingenious panning technique based on a simple principle: Gold is heavier than rock and sand, and if washed properly, it will sink to the bottom of a pan. By 1816, only two years later, half of all gold in Russia was obtained using Persson's method.

Because it was now accessible to everyone, people from all over Russia flocked here to get rich quick, and so the Russian gold rush began. It wasn't long before Persson's method caught on around the world. In 1848, gold was discovered at Sutter's Mill in California, and Russian teams even came out to teach the Americans how to pan for it.

So you could say that without the Russian gold rush, the American gold rush might never have happened. [Music]

More Articles

View All
15 Secrets Only Billionaires Know
As of 2023, there are 3,112 billionaires in the world. The billionaire perspective on life is quite different from anything you’ve ever experienced, and it’ll definitely go against many of the things you believe. Here are 15 secrets only billionaires know…
Comparing multi digit numbers word problems
Two baseball teams are comparing the number of fans who attended their most recent games. The attendance at the Stanleyville Sliders game was 12,896 fans. The attendance at the Benson Bats game was 12,991 fans. Which team had more fans at their game? Pau…
MORE BANKS ARE COLLAPSING (How To Prepare)
What’s up, Graham? It’s guys here. And if you thought the banking collapse was over, well, think again. In the middle of mass withdrawals and declining savings, First Republic could be the next bank to fail, even after two multi-billion dollar bailouts. …
Take Accountability to Earn Equity
Accountability is important because that’s how you’re going to get leverage. That’s how you’re going to get credibility. It’s also how you’re going to get equity. You’re gonna get a piece of the business when you’re negotiating with other people. Ultimat…
Thank you to Kenn Ricci of Flexjet
2 months ago, I was sitting at my desk when I got a phone call. It was Flexjet chairman Ken Ricky. “Congratulations, you’ve been selected to be an honorary for The Living Legends of Aviation award!” Oh my, I was shocked! This is the last thing I was expec…
Ask Sal Anything! Homeroom Wednesday, June 24
Hi everyone! Welcome to the homeroom livestream. Today, we’re actually just going to have an Ask Me Anything, so any questions you have for me about anything, I encourage you to put below, whether you’re watching this on Facebook or YouTube. Put this on t…