Placer Mining for Gold in California #225824

The increase in the price of gold from in 1932 to in 1933 and to in 1934 made such stories seem even more plausible and helped further to stimulate the migration of men to the creeks, despite the unfortunate experiences related by most of those drifting back from the gold-bearing areas. Stories of those who succeeded in making a living and of the very few who made strikes continued to be magnified out of all proportion, both in passing from mouth to mouth and in the press, and brought new recruits to the streams as late as 1937.