Part one of term paper
With respect to the fallacies that got many of the miners going, Holmes and Fisher tell a story of two men who staked a claim in the middle of a pasture. The two men said the claim had been assayed at two thousand dollars to the ton. After a rancher read the claim hanging on a sign he told his neighbors and they told their neighbors and so ...

Part two of term paper
... the first to discover of gold in the Cripple Creek area. He knew you couldn't find gold in a place were there was no sign of an ancient river bed. Womack decided to get some rock assayed for himself. He got it analyzed at Colorado College and found that it had almost no gold in it at all. The college said the whole area was probably the same. All this time the stampede was going the two men who staked the claim sat and watched as all the greedy people invaded the area just because they said ...