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
Service in the United States | Citizenship | High school civics | Khan Academy
[Instructor] When you think about service in the United States, what do you imagine? Most people immediately think of military service, serving in one of the branches of the Armed Forces like the Army or the Air Force, and military service is an importa…
Why I DON'T flip houses (revealing my favorite real estate investing approach)
What’s up you guys, it’s Graham here. So one of the questions I get asked a lot is, am I going to be flipping this place or am I going to be selling it in the short term? The answer is no. In fact, of all five places I bought, I’ve never once wanted to se…
Senate filibusters and cloture
What we are going to do in this video is discuss the United States Senate. We’re gonna focus not only on areas where the Senate has special influence where the House of Representatives does not, but we’ll also focus on how the Senate actually conducts bus…
Fraction division in context
We’re told that a group of three friends is practicing for the track meet. The group is going to run one half of a mile total. If they each run the same distance, how far will each person run? Which expression could represent the situation? So pause this…
Everyone Is Wrong About Bitcoin: “Have Fun Staying Poor!”
That’s going to zero. That’s going to zero. This is going to zero too. Euros are going to zero. The Yen’s going to zero. The Chinese currency is going to zero. It’s all going to zero against Bitcoin. It’s worthless artificial gold. I would short it if the…
A Dry Valley Mystery | Continent 7: Antarctica
Scott Bay’s choppers will be here to pick up the team in 15 hours. It’s an early start this morning, and we’ve got to break the camp down, but not everyone is ready. Yes, I mean science in the Dry Valleys. He’s gone really well; we’ve knocked out pretty …