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
The Problem With Rich People
Pick up to the sound of the alarm on your iPhone, and annoyed that you couldn’t get more sleep, you grudgingly unlock your phone to see what’s going on in the world. There’s an email from Amazon telling you that your package has been delivered. So, you fo…
Warren Buffett: How to Invest for 2023
So 2022 was a rough year for investors, and people are worried about what’s ahead. That’s not a secret. The US stock market has been down over 20 percent, and this only tells part of the story. There are many stocks that were formerly high flyers that are…
Office Hours With Sal: Monday, March 16 Livestream From Homeroom
Hello Facebook and Twitter and now YouTube. Okay, thanks. Uh, uh, hello everyone! Asal here and, uh, so as promised, uh, we are going to continue with these daily live streams. Given all of the school closures that are happening around the country and aro…
Alaska Gives, Alaska Takes (Clips) | Alaska: The Next Generation
Woo, good shot, Sonta! Going down. That was distance right there. Thanks. Was that your last shot you hit it on? Second. Second, huh? Yeah. That was out there. That was a good reach. I felt like that was going to happen. I wasn’t quite sure and then. Oh,…
Photosynthesis in ecosystems | Middle school biology | Khan Academy
When you look at a rain forest ecosystem like this, one of the obvious questions may be: where do these plants come from? How do they grow? They’re growing all the time, getting larger and larger and larger. Where does that mass, where does that matter co…
5 Investing Books You Need to Read in 2022
So one of my big 2022 goals is to read more books to try and build my knowledge on investing, business, and entrepreneurship, and so on. I figure a lot of you guys that follow my channel are probably looking to do the same thing in 2022. So in this video…