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While it is true that there have been some hiccups along the way, such as Roosevelt’s confiscation of gold in 1933, it is unlikely that America’s fixation on gold will end any time soon. Below are the facts regarding the history of gold in the USA.
The above introductory comments are edited excerpts from an infographic by Jeff Desjardins (VisualCapitalist.com) entitled Gold in the United States of America.
The following infographic is presented courtesy of Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and has been edited, abridged and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.
Desjardins goes on to say in further edited excerpts:
It all started in Stafford, Virginia in 1782, when Thomas Jefferson documented the first gold discovery himself. Since then, Americans have been searching for gold far and wide. The California Gold Rush brought hundreds of thousands of people to the West in search of new found wealth. Years later, many more ventured into Alaska’s wilderness to hit it rich.
Even today, there is a modern gold rush in Nevada, where the five biggest gold mines (by contained oz) are located. The U.S. produced 8.2% of the world’s gold in 2013, which puts it in third place for annual production.
The future is still bright for gold in America: in fact, just three undeveloped deposits in Alaska (Pebble, Donlin, and Livengood) hold a potentially game-changing 180,000,000 oz of gold combined.
Editor’s Note: The author’s views and conclusions in the above infographic are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.
*http://www.visualcapitalist.com/gold-in-the-usa-infographic/(Copyright © 2014 Visual Capitalist | All rights reserved; Don’t forget to connect with Visual Capitalist to receive daily infographics through e-mail or social media.)
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