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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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Current price of oil as of August 18, 2026

3

Current price of silver as of Tuesday, August 18, 2026

1

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

2

Current price of oil as of August 18, 2026

3

Current price of silver as of Tuesday, August 18, 2026
Gold

Gold rush

Fortune Editors
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Fortune Editors
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Fortune Editors
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Fortune Editors
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June 6, 2011, 9:00 AM ET
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No one knows exactly where gold came from, but one theory posits it was forged in collapsing stars, traveling millions of light-years before becoming part of the earth’s formation. So far we’ve mined 166,600 tons of the metal, more than half of all recoverable gold. Gold doesn’t generate earnings and its price is volatile, but as an inflation hedge it holds appeal. –Tara Moore




Sources: World Gold Council (including the prices for the graph); U.S. Mint; U.S. Department of Treasury; Hayden Planetarium. Gold coin: Getty Images

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