Merchant ships fill San Francisco harbor, 1850–51.
The stately Victorian architecture of Dunedin, New Zealand, is a result of the capital brought into the city by the Otago gold rush of the 1860s.
Uranium bubble of 2007[ 1]
This is a list of economic booms created by physical commodities .
Boom
Commodity
Type
Location
Dates
First Chilean wheat cycle
wheat
agricultural
Chile
1687–1810
Brazilian Gold Rush
gold
metal
Brazil
18th century
Carolina gold rush
gold
metal
North Carolina , US
early 19th century
Georgia Gold Rush
gold
metal
Georgia , US
1828 – early 1840s
Chilean silver rush
silver
metal
Chile
1832 – c. 1855
Chilean copper boom
copper
metal
Chile
1850 – c. 1875
Guano Era
guano
hard commodity
Peru
1845 – c. 1870
California gold rush
gold
metal
California , US
1848–1855
Second Chilean wheat cycle
wheat
agricultural
Chile
1849 – 1870s
British Columbia gold rushes
gold
metal
British Columbia , Canada
1850–1941
Australian gold rushes
gold
metal
Australia
1851–1906
Pennsylvania oil rush
petroleum
fossil fuel
northwestern Pennsylvania , US
1859 – early 1870s
Otago gold rush
gold
metal
Central Otago , New Zealand
1860s
Colorado River mining boom
gold
metal
Southwestern US
1861–64
West Coast gold rush
gold
metal
West Coast , New Zealand
1864–1867
Lapland gold rush
gold
metal
Lapland , Finland
1870s
Azerbaijan oil boom
petroleum
fossil fuel
Azerbaijan
1870s
Black Hills gold rush
gold
metal
Dakota Territory , US
1874 – c. 1880
Patagonian sheep farming boom
wool , mutton
agricultural
Patagonia
1878 – 1920
Coromandel Gold Rushes
gold
metal
Coromandel Peninsula , New Zealand
1870s – 1880s
Cripple Creek Gold Rush
gold
metal
Cripple Creek, Colorado , US
late 19th to early 20th century
Bodie gold rush
gold
metal
Bodie, California , US
1877–1880
First Amazon rubber boom
rubber
agricultural
Amazon basin
1879–1912
Colorado Silver Boom
silver
metal
Colorado , US
1879–1893
Canadian wheat boom
wheat
agricultural
Canada, especially Prairie Provinces
c. 1880 – 1910 , and 1914 – 1921 [ 2] [ 3]
Indiana gas boom
natural gas
fossil fuel
Indiana , US
early 1880s – early 20th century
Ohio oil rush
petroleum
fossil fuel
Northwest Ohio , US
1880s – 1930s
Tierra del Fuego gold rush
gold
metal
Tierra del Fuego
1883–1906
Witwatersrand Gold Rush
gold
metal
South Africa
1886
Klondike Gold Rush
gold
metal
Klondike, Yukon , Canada
1896–1899
Mount Baker gold rush
gold
metal
Whatcom County , Washington, US
1897 – mid-1920s
Nome Gold Rush
gold
metal
Nome, Alaska , US
1899–1909
Fairbanks Gold Rush
gold
metal
Fairbanks , Alaska, US
early 1900s
Texas oil boom
petroleum
fossil fuel
Texas , US
1901 – 1940s
Cobalt silver rush
silver
metal
Cobalt, Ontario , Canada
1903 – c. 1930
Stoy, Illinois oil boom
petroleum
fossil fuel
Stoy, Illinois , US
1906–1910
Porcupine Gold Rush
gold
metal
Northern Ontario , Canada
1909 – 1950s
Kakamega gold rush
gold
metal
Kakamega , Kenya
early 1930s
Vatukoula gold rush
gold
metal
Vatukoula , Fiji
1932
Second Amazon rubber boom
rubber
agricultural
Amazon basin
1942–1945
Alberta conventional oil boom
petroleum
fossil fuel
Alberta, Canada
1947 – 1980
New Zealand wool boom
wool
agricultural
New Zealand
1951 – late 1950s
Bonanza marimbera
cannabis
agricultural
Colombia
1974–1985
Mexican oil boom
petroleum
fossil fuel
Mexico
1977–1981
1970s commodities boom
multiple
multiple
worldwide
1970s
Cocaine era
cocaine
agricultural
Colombia
1985–1994[ 4]
Merluza boom[ 5] [ 6]
fish
hard commodity
Chile
1980s
Chilean salmon boom [ 7] [ 8]
fish
soft commodity
Chile
1986–2007
Bolivian gas boom [ 9] [ 10] [ 11]
natural gas
fossil fuel
Bolivia
2001 – 2014
2000s commodities boom
multiple
multiple
worldwide
2000s
Uranium bubble of 2007
uranium
metal
worldwide
2005–2007
North Dakota oil boom
petroleum , shale gas
fossil fuel
North Dakota , US
2006 – c. 2015
Rhodium bubble[ 12]
rhodium
metal
worldwide (primarily South Africa, Russia)
2008
2020s commodities boom
multiple
multiple
worldwide
2020s
References
^ "NUEXCO Exchange Value (Monthly Uranium Spot)" . Archived from the original on 22 July 2011. Retrieved 9 July 2010 .
^ Ward, Tony (1994). "The Origins of the Canadian Wheat Boom, 1880-1910" . The Canadian Journal of Economics . 27 (4): 865– 883. doi :10.2307/136188 . JSTOR 136188 .
^ Bertram, Gordon W. (1973). "The Relevance of the Wheat Boom in Canadian Economic Growth" . The Canadian Journal of Economics . 6 (4): 545– 566. doi :10.2307/134090 . JSTOR 134090 .
^ Rocha García, Ricardo. "La riqueza del narcotráfico y la desigualdad en Colombia, 1976-2012" [Drug trafficking wealth, and inequality of income in Colombia, 1976-2012]. Revista Criminalidad (in Spanish). 56 (2): 273– 290.
^ Saavedra G., Gonzalo (2007). "Prácticas Económicas en las Costas Insulares de Aisén. Testimonios de Persistencia y Transformación" (PDF) . Actas del 6º Congreso Chileno de Antropología . VI Congreso Chileno de Antropología (in Spanish). Valdivia: Colegio de Antropólogos de Chile A. G. pp. 1696– 1703.
^ Scholz Cárdenas, Gonzalo Ignacio (2019). Siguiendo la merluza: Las migraciones interregionales en el Chile neoliberal, un estudio del surgimiento de ‘‘comunidades pesqueras porteñas’’ en Calbuco, Región de Los Lagos (1980-1991) (PDF) (Thesis) (in Spanish). Austral University of Chile . Retrieved 2024-10-29 .
^ Salgado Reyes, Rodrigo A. (2005). Análisis del desarrollo de la salmonicultura chilena (PDF) (Thesis) (in Spanish). Pontifical Catholic University of Chile .
^ Gardner, Simon (March 11, 2009). "Virus, crisis: Perfect storm hits Chile salmon industry" . Reuters .
^ Miroff, Nick (2014-11-14). "Gas boom in Bolivia brings new wealth — and regrets for a lost opportunity" . The Washington Post . Retrieved 2025-06-13 .
^ "El boom del gas generó para Bolivia $us 70 mil millones de ingresos en 20 años" . El Periódico (in Spanish). 2024-02-24. Retrieved 2025-06-13 .
^ "Bolivia's Economic Dream Crumbles: The Perils of Unsustainable Policies" . The Rio Times . 2024-10-16. Retrieved 2025-06-12 .
^ "Historical Rhodium Charts" . Kitco. Retrieved 19 February 2010 .
Commercial revolution (1000–1760)1st Industrial Revolution /Market Revolution (1760–1870)
Bengal Bubble of 1769 (1769–1784)
British credit crisis of 1772–1773
American Revolutionary War inflation (1775–1783)
Panic of 1785 (1785–1788)
Copper Panic of 1789 /Panic of 1792 (1789–1793)
Canal Mania (c. 1790–c. 1810)
Panic of 1796–1797 (1796–1799)
1802–1804 recession
Carolina gold rush (1802–1825)
Depression of 1807 (1807–1810)
1810s Alabama real estate bubble
1812 recession
Post-Napoleonic Depression (1815–1821)
1822–23 recession
Panic of 1825
Panic of 1826
1828–29 recession
Georgia Gold Rush (1828–c. 1840)
1830s Chicago real estate bubble
1833–34 recession
Panic of 1837 (1836–1838 and 1839–1843)
U.S. state defaults in the 1840s
Railway Mania (c. 1840–c. 1850)
Plank Road Boom (1844–c. 1855)
1845–46 recession
Panic of 1847 (1847–1848)
California gold rush (1848–1855)
British Columbia gold rushes
Queen Charlottes Gold Rush , 1851
Fraser Canyon Gold Rush , 1858
Rock Creek Gold Rush , 1859
Similkameen Gold Rush , 1860
Stikine Gold Rush , 1861
Cariboo Gold Rush , 1861–1867
Wild Horse Creek Gold Rush , 1863–1870
Leechtown Gold Rush , 1864–1865
Big Bend Gold Rush , c. 1865
Omineca Gold Rush , 1869
Victorian gold rush (1851–c. 1870)
New South Wales gold rush (1851–1880)
Australian gold rushes (1851–1914)
1853–54 recession
Panic of 1857 (1857–1858)
Pike's Peak gold rush (1858–1861)
Pennsylvania oil rush (1859–1891)
1860–61 recession
Colorado River mining boom (1861–1864)
Otago gold rush (1861–1864)
U.S. Civil War economy (1861–1865)
First Nova Scotia Gold Rush (1861–1874)
West Coast gold rush (1864–1867)
Panic of 1866 (1865–1867)
Vermilion Lake gold rush (1865–1867)
Kildonan Gold Rush (1869)
Black Friday (1869–1870)
Gilded Age /2nd Industrial Revolution (1870–1914)World War home fronts/Interwar period (1914–1945) Post–WWII expansion /1970s stagflation (1945–1982)Computer Age /Second Gilded Age (1982–present)Countries and sectors Business cycle topicsCredit cycle topics
Soft commodities
Hard commodities
Energy Industrial metals Precious metals
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