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I have heard many variations on the phrase, 'The people that made the most money in the gold rush were selling shovels, not digging gold'. I know it's a nice proverb, but is there evidence this is actually true?

333 upvotes • r/AskHistorians

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I have heard many variations on the phrase, 'The people that made the most money in the gold rush were selling shovels, not digging gold'. I know it's a nice proverb, but is there evidence this is actually true?	333	AskHistorians