Gold Rush

I find the history of early America very interesting. Especially that of the gold rush in California. In 1849 gold was plenty but the basic necessities of life was not so plentiful. It must have been very strange for the 49ers to find out that the $1 meals they paid at home now costs $25. This was a painful lesson in supply and demand.
Gold is often seen as the symbol of wealth and prosperity. Many people still think investing in gold is a smart choice. People now invest in gold coins, jewelry and ingots. The Bible even describes heaven with "streets of gold". It's no wonder people see this precious metal as a symbol of wealth.