During the California gold rush, the hardware sellers made tons of money, but during the Dawson gold rush, everybody knew the guy selling pickaxes made money.

During the California gold rush, the hardware sellers made tons of money, but during the Dawson gold rush, everybody knew the guy selling pickaxes made money. What happened was everybody tried to sell pickaxes, and the people selling luxuries, like eggs and fancy dresses made the money[1]. [1] http://en.wikipedia.org/wiki/Klondike_Gold_Rush#Logistics http://en.wikipedia.org/wiki/Klondike_Gold_Rush#Logistics