Month: March 2015

NFL Goes For The Gold In 2015 To Celebrate Super Bowl 50

The Super Bowl’s golden anniversary is coming up this season and the NFL will be celebrating with the ultimate symbol of wealth: gold, the commodity which served man as money for many centuries. During the 2015 season, NFL fans will see gold everywhere as the league prepares for Super Bowl 50, which will be played on Feb 7, 2016.

The “golden celebration”, as it is being marketed, will kick off at the NFL Draft. Each drafted player will be given a team hat with a golden NFL shield logo on the back.

 

The draft will be held in Chicago and will include a Super Bowl museum with a golden theme, as well. A golden shield logo will be painted onto every field at every NFL stadium across the country, and, alongside the golden NFL shield logo on each field, every stadium will have a gold 50-yard market along the 50-yard line:

 

The gold markings can be seen as early as the Hall of Fame game in August. Each team will wear the color on their sideline beginning in Week 7. Sideline gear like hats and jackets will be outfitted with gold-trimmed logos. Here is what the Seahawks logo will look like:

The Pro Bowl will also brace the color, which represents gold, a material used as money for centuries by mankind. The Pro Bowl uniforms will consist basically of three colors:

The Super Bowl is on February 7, and the winner won’t just get the Lombardi Trophy, but also a golden 50. The numerals five and zero will be bronzed and plated in 18-karat gold:

CBS Sports NFL Insider Jason La Canora says that each numeral will weigh 33 pounds. Just like the Lombardi Trophy, the “50” will be designed by Tiffany. There’s more:

The above photographed golden footballs will be handed out by players to their individual high schools.

Why might the NFL choose the color gold? It is indeed a loaded color, which much history.

Gold has been highly valuable for centuries, used as coinage and jewelry, as well as for other arts, since long before recorded history began. The gold standard was implemented as a monetary policy within and between nations, though gold coins ceased to be minted for circulation in the 1930s. In 1971, the world moved towards a fiat currency system, which means that government dictates the value of money.

Gold has been considered valuable because of its medium rarity, easy handling and minting, easy smelting, non-corrosion, distinct color, and non-reactivity to other elements. Just 174,000 tonnes of gold have been mined in human history, according to GFMS as of 2012. That is about 5.6 billion troy ounces. That’s less than one ounce of gold for each person on the planet.

 

A Gold Superyacht For Ladies

La Belle is an 80-meter gold and crystal-encrusted superyacht described as a floating “boudoir for women” by its female designer.

“There will not be any boy’s toys — such as pool tables or beer kegs — on board,” Italian designer, Lidia Bersani, told CNN.

“But there will be a fantastic spa with a beauty center, large mirrors, and huge wardrobes,” she said of the concept yacht, apparently the first designed specifically for women. Read More

Will Governments Turn To Mining Gold From Feces To Pay Down Debt?

There is much literature on the financial conditions of municipal governments in the US. Are things getting so bad financially for local governments that they are considering sorting through your feces for gold?

According to scientists, fortunes are going down the drain in human feces, arguing that the amount of gold going down the drain would be considered commercially viable by traditional prospects. Read More

Six Gold Coins From 1860 Stolen From Pony Express Museum

Six gold coins originating from the time of the Pony Express have been stolen from a Missouri museum.

Among the coins, which were minted in 1860,  are five in extremely fine condition and worth approximately $6,000 per, according to Cindy Daffron, the executive director of the Pony Express National Museum in St. Joseph. Taken were two Half Eagles, which are $5 gold pieces; two Eagles, which are $10 gold pieces; and two Double Eagles, which are $20 gold pieces, The St. Joseph News-Press reports. Read More

Will China Adopt Bitcoin?

Currency war between China and the US has been on the mind’s of financial analysts, and has mostly been about China reconsidering the dollar as a global reserve currency while China itself is a major stakeholder of the dollar. A debate is raging about what would happen if the Chinese adopted Bitcoin. If China started using Bitcoin, could it then begin leaking US dollars into international markets thus lowering the reserve currency’s value? Read More

European Central Bank Protests Turn Chaotic

Police in Frankfurt, Germany had barricaded with barbed wire the European Central Bank headquarters in preparation for demonstrations against “government austerity and capitalism.” Those demonstrations have come and gone, leaving a mess behind.

The so-called “Blockupy” alliance said activists were planning a blockade of the new headquarters of the ECB before a ceremony Wednesday to inaugurate the building, and to disrupt so-called “capitalist business as usual.” Read More

Blythe Masters Goes From Silverbug Enemy #1 To Bitcoin Darling

Originally appeared on Bitcoinomics.Net

Until last week, Blythe Masters was the butt-of-jokes from individuals like Max Keiser and the subject of many memes. In this episode of The Keiser Report, Max Keiser clarifies the claim by Blythe Masters that JP Morgan does not manipulate silver prices.

In this following meme, Banzai7 goes a bit further.

banzai-dimon-blythe-masters (1)

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Gold & Silver Selloff While Bitcoin Price Increases, S&P 500 & Euro Declines

Bitcoiners have had quite a showing in March compared to most other markets.

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The Truth About The Apple Watch

Apple has been caught ripping off data storage from its customers. The company is expanding this model to other products like its new Apple Gold.

After Apple’s launch of a number of new products Monday at their “Spring Forward” Event, some of their claims were thrown into question. For one, the battery life of the Apple Watch, according to Tim Cooke, would be 18 hours. The reality is, if you actually use all the functions of that watch, the battery life can drop to as low as three hours. Apple would say they were merely giving best scenarios, but in the process they were misleading. Their Apple Edition Watch, also, has been scrutinized.

Mainstream press, in its difficulty to create engaging material about relevant topics, has created a storyline about how “gold investors have been positively giddy ever since Apple announced it planned to make a high-end watch with 18-karat gold casing.” News sources like CBS cited some pretty off-kilter websites to pull this little tidbit of info.

Any serious gold investor never took seriously the bold claim that Apple’s new phone might use up 30% of the world’s gold supplies. The reality is, Apple will be watering down its gold content. It says this is so the watch is “tougher and more resistant to scratches,” but the reality is this move will likely save the company lots of money on its $10,000-$17,000 watch, which will carry an operating system likely obsolete within a year. The “Edition” Model, the Apple gold watch,  will be made from custom gold alloys of rose or yellow 18-karat gold. But wait – just how much 18k gold?

Apple marketed its custom alloy as a good thing, but the gold blend which Apple’s metallurgists have been cooking up come with a worrisome caveat. Apple filed a patent on a type gold which contains the least amount gold possible…Hmm… Read More

Gold Eagle & Silver Eagle Sales Total February 2015

US Mint sales for February ticked downwards as both American Gold Eagle and the American Silver Eagle sold fewer units than in previous months.

3,022,000 American Silver Eagles were purchased from the US Mint in February, a 45.4% decrease off January’s 5,530,000, a 19.4% decrease from the year prior, the worst February totals since 2013. Read More

Truck Carrying $4.8M In Gold Robbed In North Carolina, HuffPo Commenters Think This Is A Good Thing

Approximately $4.8 million in gold bars were stolen Sunday from an armored truck traveling from Florida to Massachusetts on Interstate 95 by armed robbers, according to authorities. The theft took place in Attleboro, a small town largely secluded.

Two Transvalue Inc. security guards report pulling over to the side of the road 6:30pm Sunday after their armored truck had mechanical problems in Wilson County, according to the sheriff’s office.

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