In the late 19th century, the streets of Kalgoorlie-Boulder, Australia were unintentionally covered with gold. This mining town experienced an unexpected gold rush when gold-laden tellurite rocks were mistaken for pyrite and discarded. These valuable rocks were subsequently used as paving stones in the town’s streets. Interestingly, Kalgoorlie-Boulder is part of the Goldfields-Esperance region in […]
It was practically illegal…
It was practically illegal to own gold in the US from 1933 to 1974. Roosevelt signed an Executive Order to force all citizens to turn in almost all gold for about $20 per ounce, then declared the value of $20 in gold to be worth $35 in paper currency – creating a massive inflation.
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Gold can grow on trees. This actually…
Gold can grow on trees. This actually happens. When a tree has deep root growth, it can “strike gold” and absorb it through a biochemical process and in turn deposit the mineral into the tree’s bark and leaves.
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The first U.S. gold rush…
The first U.S. gold rush started in North Carolina in 1803 when a 12-year-old boy found a 17-pound gold nugget on his father’s farm. It supplied all the gold for the nation’s mints until 1829.
From 1933 to 1974, it was generally illegal…
From 1933 to 1974, it was generally illegal for individuals and corporations to possess gold in the United States. 00
There’s more gold in a ton of mobile phones than a ton of gold…
There’s more gold in a ton of mobile phones than a ton of gold ore. It takes a ton of ore to get 1g of gold, but you can get the same amount from recycling 41 mobile phones.
Despite popular belief, El Dorado was not a legendary city of gold in South America…
Despite popular belief, El Dorado was not a legendary city of gold in South America, but a person. El Dorado was a tribal chief of the indigenous Muisca people, and the initiation rites to becoming chief included offering immense amounts of gold to their gods by throwing it into a holy lake, Lake Guatavita. The Conquistadores eventually found the lake and reclaimed the gold, meaning that every expedition which has set out to find the city of gold afterwards has been in vain, because the mythical riches of El Dorado have actually already been found.