ON THIS DAY IN HISTORY
THE CALIFORNIA GOLD RUSH
January 24, 1848
On this day in history, James W. Marshall discovered gold on the property of Johann A. Sutter near Coloma, California. Although met with skepticism at first, President Polk endorsed the discovery in December 1848 initiating the explosion of the Gold Rush. Nearly 100,000 people arrived in California in 1849, providing the origin of their nick-name "forty-niners".
Source: Library of Congress
This material is for informational or educational purposes only. Signature Wealth Management Group is registered as an investment adviser with the
SEC. Signature Wealth Management Group only transacts business in states where it is properly registered, or is excluded or exempted from
registration requirements. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect
against loss in periods of declining values. Diversification does not guarantee profit nor is it guaranteed to protect assets. Past performance does not
guarantee future results. Consult your financial professional before making any investment decision.