Securities and Exchange Commission (SEC) found that Wyoming residents are more likely to invest in physical gold than in stocks. This trend is not just a local phenomenon; it’s a national trend. The SEC report highlights the growing interest in gold as an investment, particularly among younger generations. This interest is driven by several factors, including the perceived safety of gold as a hedge against inflation and economic uncertainty. The report also suggests that the Wyoming Cowboy’s colors, gold and brown, might be a reflection of this trend.

The reason behind this rapid development was a combination of several factors. One of the most significant was the availability of water, especially in the mountains. Water resources were abundant, particularly in the areas surrounding the Medicine Bow Mountains and the Owl Creek Mountains, allowing for easy access to a reliable water supply for development.