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El Dorado has become a by-word for wealth and fabulous riches. It is now widely agreed that there never existed a city of that name. It is, in short, a fable or a myth. However, like many other myths, it has a basis in historical fact. The famous fable of the Lost City in the jungle was based on real-life societies and places. It is almost certain that the great Musica confederation and their coronation rituals for their kings encouraged the idea of a wealthy city in the jungle.
It is entirely possible that memories of the settlements that once flourished in the jungles of what is now Brazil also contributed to the development of the fable. Then the gold that was found in Amazonia also contributed to the development of the story. In short, while El Dorado never existed, it was based on actual historical societies and events. {{MediaWiki:AmNative}}
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