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The Rise and Fall of Rhyolite Nevada | ABANDONED

Rhyolite, a boomtown in Nevada, sprang to life in 1905 following the discovery of gold in the region by prospector Shorty Harris and his partner E.L. Cross. The town rapidly grew, boasting a population of up to 10,000 people at its peak, complete with infrastructure such as banks, a school, and even a stock exchange. However, the prosperity was short-lived; by 1911, the gold mines began to deplete, leading to a swift economic decline. The financial Panic of 1907 also played a role in undermining investor confidence and funding. By 1916, the town was largely abandoned, leaving behind ruins that serve as a poignant reminder of the fleeting nature of such mining boomtowns. Support the Channel by becoming a member 👉    / @itshistory   IT’S HISTORY - Weekly Tales of American Urban Decay as presented by your host Ryan Socash.    • IT'S HISTORY 🔥 Trending   » Subscribe:    / @itshistory   » Listen podcasts: https://ffm.bio/itshistory » CONTACT For brands, agencies, and sponsorships: [email protected] » CREDIT Scriptwriter - Ryan Socash, Editor - Karolina Szwata, Host - Ryan Socash Music/Sound Design: Dave Daddario » NOTICE Some images may be used for illustrative purposes only - always reflecting the accurate time frame and content. Events of factual error / mispronounced word/spelling mistakes - retractions will be published in this section.