Research Paper On Gold Rush Of 1849

347 Words2 Pages
The Gold Rush of 1849 is a classic part of American history. However, it 's not over. History tends to repeat itself. While all of other Earth 's resources are being drained our favorite golden metal is still widely available. According to analysts, approximate 95% of all golden material that has ever been mined is still available. Looks like the USA has another rush on their hands. USA READY FOR NEWEST GOLD RUSH The global demand for gold is at record high levels this year. Somehow, though, the prices are falling. The reason for this has to do with cost. The cost of mining just an ounce of this precious metal is higher than what most can even sell it for. Anyone who knows business knows this means a loss. This is more of a recent