I do a lot of research and read a lot of first hand accounts.
It is true that people sold everything and moved west. But, those were settlers and that happened later.
A huge number of people who came to California from the East coast were from money and returned home with some of what they made in the gold fields.
Some of them did catch the fever and follow the later rushes.
Yes many many died. It was either a muddy mess or hot as crap and the seasons in between were full of mosquitos and disease.
A lot of people don't know about how the weather that kicked in in 1853 really chased a lot off people of before they even got a chance to try and settle some where.
In fact even the Chinese who were here during the Ca. rush came from money. They were also treated much differently early on than they were later on when they were building the railroads.
Many people from many nations worked together and next to each other. It's really interesting to read the impressions in the diaries.
Every town that remains along the Motherlode and in most Towns in the west have homes standing that were built by families that did well mining and developing. They weren't all scoundrels and mining the miners. They were building industry and culture.
Its funny the way its told today in school it was all pointless and no one got any money out of the ground.
Not everyone that wanted to " see the elephant" started or ended penniless and crazy.
In fact it was pretty much the opposite.
And yes they dug and even reburied vast wealth in the ground and put just as much down on paper for generations to come to chase in their dreams and out in whats left of the wilds.
My aim is to get as much of it as I can too