Prospectors Rushed For Gold Nuggets — While Flour Mills Ground $200 Million And Never Risked A Claim
Автор: The Western Audit
Загружено: 2025-12-01
Просмотров: 308
Описание: In this episode, we follow the money of the California Gold Rush—and it doesn’t lead to the prospector’s pan, it leads to the flour mill. While miners froze in rivers for a few dollars a day, millers were charging $200 a barrel for flour, turning wheat into a safer, richer, and completely captive business. We’ll break down how steam mills, wheat barons, and recurring bread sales quietly out-earned all the nuggets in the Sierra, built San Francisco’s banks and railroads, and turned “gold country” into an agricultural empire. By the end, you’ll see why in every boom—from gold to dot-com—the real fortune goes to the people who feed the hunters, not the hunters themselves.
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