This page has been archived and commenting is disabled.

Austerity At The Olympics: Each "Gold" Medal Contains 1.34% Gold

Tyler Durden's picture




 

As every Olympic athlete knows, size matters. The London 2012 medals are the largest ever in terms of both weight and diameter - almost double the medals from Beijing. However, just as equally well-known is that quality beats quantity and that is where the current global austerity, coin-clipping, devaluation-fest begins. The 2012 gold is 92.5 percent silver, 6.16 copper and... 1.34 percent gold, with IOC rules specifying that it must contain 550 grams of high-quality silver and a whopping 6 grams of gold. The resulting medallion is worth about $500. For the silver medal, the gold is replaced with more copper, for a $260 bill of materials. The bronze medal is 97 percent copper, 2.5 percent zinc and 0.5 percent tin. Valued at about $3, you might be able to trade one for a bag of chips in Olympic park if you skip the fish.

 

 

Size Matters...(via BBC)

 

Though Olympic gold is no longer 100 percent gold, a medal can still fetch big money. In 2010, a gold medal worn by Mark Wells, a member of the 1980 "Miracle on Ice" U.S. men's hockey team, was auctioned off for $310,700. Several years before that, Wells had sold his medal to cover medical expenses. Just before the auction, the medal was valued at $100,000 but it earned three times that amount. Heritage Auctions of Dallas identified the 2010 buyer as a rancher from the western U.S.

The question remains - with the minimum 103 medals expected to be won by US athletes, will Bernanke be forced to reduce the size of NEW QE as 'all that precious metal is horded and repatriated back to the USA'?

Source: Dillon Gage

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sat, 07/28/2012 - 20:31 | 2659627 DougM
DougM's picture

Man, think of all the Grade A pussy you can get with a gold medal though.  You can't measure that in dollars.

Sat, 07/28/2012 - 20:35 | 2659633 agent default
agent default's picture

Try Nevada.  You can fix the price.

Sat, 07/28/2012 - 20:40 | 2659643 I think I need ...
I think I need to buy a gun's picture

Its all the same old bullshit, the same people are still making all the money,,,,,but someone at NBC is getting fired tomorrow the womens beach volleyballers are in full suits, i mean they just lost 75% of male viewership NO AZZ Crack bitchez!!!!!!!!!!!

Sat, 07/28/2012 - 20:55 | 2659671 engineertheeconomy
engineertheeconomy's picture

Put all the Bankers in a big pit with a bunch of hungry lions, that should help ratings!

Sat, 07/28/2012 - 21:42 | 2659747 Manthong
Manthong's picture

Apparently, you do not need a medal to score at the Olympics..

http://www.forbes.com/sites/johnclarke/2012/07/16/who-will-win-the-sex-olympics/

 

Sun, 07/29/2012 - 00:17 | 2659875 redpill
redpill's picture

Only bankers win real gold medals for Financial Gymnastics.  Naturally, Barclays is a favorite for the floor routine in the LIBOR medley relay.

 

Sun, 07/29/2012 - 07:05 | 2660019 saturn
saturn's picture

LOLympics..

Sun, 07/29/2012 - 10:17 | 2660128 Zero Debt
Zero Debt's picture

Fine, but check if there's no tungsten bars inside and that the medal hasn't been promised to someone else.

Sun, 07/29/2012 - 11:00 | 2660182 fockewulf190
fockewulf190's picture

The CEOs get the gold. The corporate acolytes get the silver. The employees of the month work their balls off and get the three buck bronze attaboy or attagirl. The rest are the forgotten, who should all be kowtowing everyday in thanks and gratitude that they even get the chance to work behind the company logo at all.

Sat, 07/28/2012 - 23:04 | 2659836 monoloco
monoloco's picture

"The bankers in a pit" Now there's an Olympic event that I'd pay $5000 a seat for.

Sun, 07/29/2012 - 08:54 | 2660068 smlbizman
smlbizman's picture

the better event would be to update the 1900 french pigeon shoot....were we release 300 bankers at a time, than count the bag...

Mon, 07/30/2012 - 01:15 | 2661598 fockewulf190
fockewulf190's picture

I say reactivate the Colossium and throw them all to the lions. What a Pay-Per-View event that would be.

Sun, 07/29/2012 - 04:15 | 2659966 TPTB_r_TBTF
TPTB_r_TBTF's picture

Bankers are merely the minions of Oligarchs.  When the Lions are full, the Oligarchs will still be TPTB.

Sun, 07/29/2012 - 10:40 | 2660158 i-dog
i-dog's picture

Exactly! And the lions will soon be fed....

Of what possible use would bankers be in a cashless society?

Sun, 07/29/2012 - 08:49 | 2660064 Red Heeler
Red Heeler's picture

Point taken. Correct me if I'm wrong but for the very first Olympic Games back in 776 BC, the beach volleyballers competed in the nude.

Sun, 07/29/2012 - 09:55 | 2660110 hoos bin pharteen
hoos bin pharteen's picture

Yeah, but back then they were also dudes.  Eeewwww!

Sat, 07/28/2012 - 23:16 | 2659840 Mithril
Mithril's picture

99.99% What a coincidence.... The Metals are provided by Rio Tinto - who for centuries have been controlled by majority ownership "The Grand Master Rothchild"..... Just like the banks. Look up Rio's history.
http://m.youtube.com/#/watch?v=20KDBELD20I

Sun, 07/29/2012 - 00:15 | 2659877 Mithril
Mithril's picture

Deceiving the public since Waterloo.....

Sat, 07/28/2012 - 20:32 | 2659630 JohnG
JohnG's picture

Debasement Bitchez!

Sat, 07/28/2012 - 21:04 | 2659667 Sudden Debt
Sudden Debt's picture

OFFICIAL FEDERAL RESERVE GOLD!!!
GET THEM WHILE THEY'RE STILL HOT!!!

at least there's still actuall gold in it...

Sat, 07/28/2012 - 21:14 | 2659709 metastar
metastar's picture

Will they pay taxes on it, or must it be kept in an off shore account?

Sat, 07/28/2012 - 23:03 | 2659833 Mactheknife
Mactheknife's picture

What did you expect? They don't have any freakin gold in England. The brilliant Gordon Browne already gave most of it away.

Sun, 07/29/2012 - 02:05 | 2659811 Arnold Ziffel
Arnold Ziffel's picture

Pretty soon they will merely hand the Olympian a photo of a Gold Medal.

 

Now that's Barbaric!!

Sun, 07/29/2012 - 02:36 | 2659940 Tsunami Wave
Tsunami Wave's picture

Especially if done with a polaroid camera or anything non-digital from kodak..

Sun, 07/29/2012 - 07:51 | 2660034 goldfreak
goldfreak's picture

a GLD certificate

Sun, 07/29/2012 - 09:25 | 2660090 Dermasolarapate...
Dermasolarapaterraphatrima's picture

You all are totally wrong! My 'gold medal' is solid metal---spray p[ainted with gold paint.

There!

Sun, 07/29/2012 - 10:24 | 2660141 Zero Debt
Zero Debt's picture

I miss those old days when the athletes competed nude, to celebrate the achievements of the human body. Now that females participate it would provide great viewer ratings and provide for a gender neutral celebration. Indeed, classic Greek olive oil could be used to great advantage to provide an appealing look, along with modern spotlight technology. The winner for best oiled body should be awarded a gold kilo bar to spur competition not only in the sports, but also in the body building arts.

Sat, 07/28/2012 - 20:32 | 2659631 veyron
veyron's picture

Can we get a plot of gold content (in grams) since 1896?  Has it increased or decreased?

Sat, 07/28/2012 - 20:59 | 2659680 DavidC
DavidC's picture

http://www.coinweek.com/bullion-report/olympic-medals-are-still-made-of-...

Doesn't answer the question exactly but does show that 1904 to 1912 the gold medals were actually gold.

DavidC

Sat, 07/28/2012 - 23:37 | 2659852 CrockettAlmanac.com
CrockettAlmanac.com's picture

In 1913 the Creature from Jekyll Island started swimming in an Olympic sized pool.

Sun, 07/29/2012 - 00:22 | 2659881 A Nanny Moose
A Nanny Moose's picture

Now it's syncronized swimming with all other CB's...to the bottom of the deep end.

Sun, 07/29/2012 - 10:30 | 2660152 Zero Debt
Zero Debt's picture

While the total gold content may be constant, it has been diluted over a greater number of so-called sports which are more akin to leisure activities that do not really belong in the olympics. Seriously, basketball, field hockey, table tennis, badminton are not "classic" olympic sports.

Sat, 07/28/2012 - 20:33 | 2659632 agent default
agent default's picture

Considering that your average athlete contains about 50% hormone I would say it's a good deal.

Sat, 07/28/2012 - 20:36 | 2659638 Big Corked Boots
Big Corked Boots's picture

Could be worse. Could be paper gold.

Sat, 07/28/2012 - 20:49 | 2659661 Sudden Debt
Sudden Debt's picture

or like the oscars during the war made out of chalk painted gold.

Sat, 07/28/2012 - 20:54 | 2659670 Monedas
Monedas's picture

Even in peacetime the Oscars are "dipped" !      The Stalinesque left doesn't want to compromise the athlete's "amateur" status .... but mainly leftists are cheap bastards!

Sat, 07/28/2012 - 21:47 | 2659754 Peter Pan
Peter Pan's picture

Or tungsten.

Sat, 07/28/2012 - 22:39 | 2659815 sangell
sangell's picture

Nah, that's awarded to the person who came in last!

Sun, 07/29/2012 - 00:50 | 2659901 Clever Name
Clever Name's picture

Last place for PRK athletes gets you a lead medal!

Sun, 07/29/2012 - 07:53 | 2660036 goldfreak
goldfreak's picture

or a Comex contract, here, you think you're so hot try take delivery

Sat, 07/28/2012 - 20:40 | 2659644 AL_SWEARENGEN
AL_SWEARENGEN's picture

What a joke. At least the cheap cocksuckers coughed up a little Silver. Worlds best athletes are screwed by the elite,, big surprise.

Sat, 07/28/2012 - 21:26 | 2659727 Bay of Pigs
Bay of Pigs's picture

It's disgusting. 

Sat, 07/28/2012 - 20:40 | 2659645 Broomer
Broomer's picture

The article mentions that the weight of the smallest medal in 2012 is 375g. If it was made of pure gold, it would weigh about 700g (22.5oz). It would be worth 36,000USD, considering one troy ounce of gold at 1,600USD.

I don't know how many medals are given in each edition of the Olympics, but this surely would make costs higher.

Sat, 07/28/2012 - 20:51 | 2659663 Think for yourself
Think for yourself's picture

Using your 36,000$ quote - 302 gold medals at the 2012 Olympics: $10,872,000 budget for the gold medals if each of them were 3/2 pounders.

The total budget is at least 17 billions USD, so that the gold medals wouldn't even be 0.07% of the budget....  

Sat, 07/28/2012 - 21:50 | 2659759 johny2
johny2's picture

The medals were provided by JPM, who were choosen for their experience.

Sun, 07/29/2012 - 12:04 | 2660329 Diet Coke and F...
Diet Coke and Floozies's picture

I wonder what the security cost is...

Sat, 07/28/2012 - 22:41 | 2659819 sangell
sangell's picture

But it would motivate contestants in the more arcane events to try harder to win.

Sat, 07/28/2012 - 20:42 | 2659649 Yen Cross
Yen Cross's picture

 M&M's

Sat, 07/28/2012 - 20:42 | 2659650 fonzannoon
fonzannoon's picture

Can someone answer this question for me...Why in the hell would Bernanke so overtly telegraph to the market that he is intent on doing QE? Having done that now the market has risen to a point where if he does it, it's priced in and the market probably sells the news. If he does not do it the market probably sells off hard. He can only play the game of saying he will do it without doing it for so long until his hand is forced and then it just looks useless.

Why telegraph it this way and take away and steal all of his own thunder?

Sat, 07/28/2012 - 20:47 | 2659655 Yen Cross
Yen Cross's picture

 Too much EFFEN vodka! Qe is borne out of area 51!

Sat, 07/28/2012 - 20:53 | 2659668 fonzannoon
fonzannoon's picture

Also who is more useless, a bunch of equity analysts or a bunch of espn analysts?

Sat, 07/28/2012 - 20:55 | 2659672 veyron
veyron's picture

I'd say Equity Analysts: at least everyone recognizes that ESPN analysts are clowns ... 

Sat, 07/28/2012 - 20:58 | 2659678 fonzannoon
fonzannoon's picture

I was thinking that too. The espn guys may convince you to plunk down a hundred bucks on a game. The equity guys will convince you to move a good chunk of your IRA to some momo stock and lose your ass for you. At least the espn guys seem to get recycled pretty frequently.

Sat, 07/28/2012 - 21:00 | 2659681 Yen Cross
Yen Cross's picture

 I agree with Veyron.

Sat, 07/28/2012 - 20:46 | 2659651 anonnn
anonnn's picture

 

 

 

 

You did not know until now that Olympic Gold medals are not gold, since 1912

 

Sat, 07/28/2012 - 21:00 | 2659686 engineertheeconomy
engineertheeconomy's picture

So we're celebrating the 100th year anniversary of COUNTERFEIT Olympic Metals...

 I think "Cocksucker" is too nice a word for the COCKSUCKERS.

Sat, 07/28/2012 - 20:48 | 2659654 Kamehameha
Kamehameha's picture

I concur

Sat, 07/28/2012 - 20:49 | 2659658 Sudden Debt
Sudden Debt's picture

I'll buy one gold medal if I don't have to run or jump for it!

Sat, 07/28/2012 - 23:41 | 2659855 CrockettAlmanac.com
CrockettAlmanac.com's picture

Stand in one spot price?

Sat, 07/28/2012 - 20:48 | 2659659 AUD
AUD's picture

Inflation is a reduction in quality, so 'devaluation-fest' is correct.

Sat, 07/28/2012 - 20:50 | 2659662 Monedas
Monedas's picture

Billions for the buildings .... pennies for the athletes !  Stalin would have approved !  Your talent are belongs to us !  The left is simply Stalinesque !

Sat, 07/28/2012 - 20:51 | 2659666 Sudden Debt
Sudden Debt's picture

To bas Apmex isn't sponsoring the olympics...

Sat, 07/28/2012 - 20:53 | 2659669 JLee2027
JLee2027's picture

The idiots used 92% silver for the Gold Medal? 

LOLLOLOLOLOLOLOLOLOLOLOLOLOLLOLOLOLOLOLOLOL

Sat, 07/28/2012 - 21:06 | 2659697 Sudden Debt
Sudden Debt's picture

Why not?!?!

In a few years, it will be as valuable as gold now!

Sat, 07/28/2012 - 22:54 | 2659827 JLee2027
JLee2027's picture

That's why it's so funny. They were trying to be cheap!

Sat, 07/28/2012 - 21:17 | 2659715 pods
pods's picture

Better to put it into medals than missiles I guess?

pods

Sat, 07/28/2012 - 21:44 | 2659750 Big Corked Boots
Big Corked Boots's picture

.

Sat, 07/28/2012 - 20:58 | 2659676 Cabreado
Cabreado's picture

There could be no more concise, graphic, and just-for-fun ironic evidence of what (truly) ails us.

As in, collectively.

Sun, 07/29/2012 - 06:58 | 2660014 Sean7k
Sean7k's picture

Hard to say what is more imbecilic, giving tickets to special groups or investigating their absence. Both results smack of the fascism enveloping all western nations.

Thank goodness they "security" contractor "underestimated" their needs so the military could fill in the gaps. 

 

Sun, 07/29/2012 - 11:11 | 2660221 TrainWreck1
TrainWreck1's picture

The greatest insult is that all those corporate seats are an entertainment tax-writeoff.

They don't show, don't pay anyway, and the unwashed masses gets stuck in the cheap seats.

 

Sat, 07/28/2012 - 21:05 | 2659687 Monedas
Monedas's picture

Back in the seventies I had horrific arguments with leftist Jews about amateur status !   I simply stated that your profession was irrelelvant .... the only thing that mattered was "are you any good ?" at your sport !  The Olympics should be a competition of the best athletes .... period !        My thoughts prevailed and the free world's athletes are no longer discrimminated against by the "Olympic Party Organ" !           Athlete's should be able to compete without representing any fucking socialist country .... too !

Sat, 07/28/2012 - 21:04 | 2659691 engineertheeconomy
engineertheeconomy's picture

100 yr Anniversary of counterfeit Olympic Metals, It's time to hang all the Bankers, so that they can have real metals for crying out fucking loud

Sat, 07/28/2012 - 21:09 | 2659702 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

Everywhere one turns you run smack into another fraud.

Gold medal my ass!

Isn't there anything thats real anymore?

Sat, 07/28/2012 - 22:07 | 2659783 Jena
Jena's picture

Maybe.  If you find it, hold on to it.

Sun, 07/29/2012 - 13:41 | 2660462 I am on to you
I am on to you's picture

Suspect that Heavy Metal still is a Music form,thats real!

 

Sat, 07/28/2012 - 21:06 | 2659695 TN Jed
TN Jed's picture

Somewhere, somehow, a JPM bot is trying to short medals.

Sat, 07/28/2012 - 21:11 | 2659704 gwar5
gwar5's picture

I remember when Arthur Ashe got a solid gold tennis ball back in the 1970's for winning Wimbeldon when inflation was getting nasty.

Best. Trophy. Ever.

 

Sat, 07/28/2012 - 21:29 | 2659730 francis_sawyer
francis_sawyer's picture

francis_sawyer won a golf tournament once & got a 1kg ingot of pure silver... Which was then lost in a boating accident...

Sun, 07/29/2012 - 00:02 | 2659867 gwar5
gwar5's picture

Dirty rotten shame, that. Chinese boat, no doubt. We got rid of all those lousy jobs too.

Sun, 07/29/2012 - 00:46 | 2659899 Clever Name
Clever Name's picture

My aunts brothers cousins daughter got $18,000 from her computer at home.

Bitchez.

Sat, 07/28/2012 - 21:13 | 2659706 Divine Wind
Divine Wind's picture

 

 

The athletes are lucky they get what they do. The medal thing is a fairly modern development. It used to be they only got a wreath for their head, water for their horse and a few figs to chew on.

I was wondering why they did not specify Tungsten as the filler for the gold medal? At least it would have felt like it was worth something.

 

 

Sun, 07/29/2012 - 07:18 | 2660024 AnAnonymous
AnAnonymous's picture

In ancient times, only one winner.

Earned a lot though: right to marry anyone he wished, pension for life, a house...

Sat, 07/28/2012 - 21:15 | 2659712 Monedas
Monedas's picture

The Olympic anthem should be changed to:    http://trololololololololololo.com   or to the "Happy Wanderer"

Sat, 07/28/2012 - 21:21 | 2659720 TalkToLind
TalkToLind's picture

I can get 100% real gold bars from my favorite precious metals dealer without competing in games or wearing those gay ass US uniforms.  Fuck the beret.

Sat, 07/28/2012 - 21:26 | 2659722 squexx
squexx's picture

The medals are fake................just like everything else about the Olympics!

Sat, 07/28/2012 - 21:30 | 2659734 I am on to you
I am on to you's picture

Dont think,these socalled athlets suffer.

One,football player, has a salery of 3million reais a Month,and a Goldman CEO has one of his shirts,and in his contry,the minimum vage is???Gues my name game,aint Charlie Waterfall!

640 Reais.Contra 3 millions,dont cry for me, Argensil,Brasitina!

This Olympic show is for Pro,s!

With sponsors any Mortal,could only dream of.

Was it not,the idea, the spirit,innocent me,to be a part of the game,no not the economical debacel,the other one!

Sat, 07/28/2012 - 21:36 | 2659740 Monedas
Monedas's picture

I'm not sure of all that you said.... but good handle, good Avatar and good enthusiasm !

Sat, 07/28/2012 - 21:56 | 2659766 I am on to you
I am on to you's picture

Humble thanks!

Sat, 07/28/2012 - 21:37 | 2659741 Seasmoke
Seasmoke's picture

well that is still more % of gold than is in Fort Knox

Sat, 07/28/2012 - 21:52 | 2659760 Duke of Con Dao
Duke of Con Dao's picture

here's the 3rd installment in my 'You Didn't Build That' film series starring our President and Alec Guinness:

http://www.youtube.com/watch?v=p6Nt8Jf0moM

ENJOY

Sat, 07/28/2012 - 21:53 | 2659761 BigInJapan
BigInJapan's picture

Not surprising, considering Gordon Brown gave away all the Uk's gold.

London 2012: Gold-plated Olympics

Sat, 07/28/2012 - 21:54 | 2659764 The Gooch
The Gooch's picture

Tungsten, bitchez.

Don't swim with that medal.

How about that 007 / God shat the Queen / NHS / kids nighmares / Mary fuckin' Poppins / Chariots of Fire / Bieber (global) nation  opening?

No wonder security is so tight.

"I don't know if that's cute or creepy"- Matt Lauer

It's deinitely creepy, you fuck.

 

Sat, 07/28/2012 - 22:20 | 2659796 Broomer
Broomer's picture

Speaking of Scary and Mary, watch this.

Sat, 07/28/2012 - 21:56 | 2659768 fasTTcar
fasTTcar's picture

You can bring it here if you don't like it.

 

http://youtu.be/clt8_Kt_rzY

 

Sat, 07/28/2012 - 21:58 | 2659772 Duke of Con Dao
Duke of Con Dao's picture

there goes 31 seconds of my life...

Sun, 07/29/2012 - 01:49 | 2659926 The Gooch
The Gooch's picture

Don't feel bad.

I had to spend 48 hours in London (Ontario) once.

Sat, 07/28/2012 - 21:58 | 2659771 Peter Pan
Peter Pan's picture

It's funny how the gold medal is really a sterling silver medal.

Sadly we are in a fiat world where very little is what it seems. Everything has a coating of value but an inner of deceit and cheapness.

My gold medal goes to gold and my silver medal goes to silver. Everything else is just a pretender.

Sat, 07/28/2012 - 22:02 | 2659779 cristo
cristo's picture

BTW those medals where minted in China

Sat, 07/28/2012 - 22:12 | 2659785 ejamest
ejamest's picture

There are a lot of wealthy, successful Olympic Athletes who agree with me -- because they want to give something back. They know they didn't -- look, if you've won a medal, you didn't earn it on your own. You didn't earn it on your own. I'm always struck by athletes who think, well, it must be because I dedicated my life and trained so hard. There are a lot of world class elite athletes out there. It must be because I worked harder than everybody else. Let me tell you something -- there are a whole bunch of hardworking athletes out there. (Applause.)

If you won a metal, somebody along the line gave you some help. There was a great coach somewhere in your life. Somebody helped to create this unbelievable Olympic system that we have that allowed you to thrive. Somebody invested in Training Facilities and Olympic Villages. If you won a medal -- you didn't earn that. Somebody else made that happen. The Olympics didn't get invented on its own. Government research created the Olympics so that all the companies could make money off the Games

http://www.theblaze.com/stories/president-obama-if-youve-got-a-business-...

Sun, 07/29/2012 - 01:08 | 2659906 SilverIsKing
SilverIsKing's picture

+1.1

Sun, 07/29/2012 - 02:40 | 2659941 Tsunami Wave
Tsunami Wave's picture

I LOLed while reading that... +1 for ya.

Sun, 07/29/2012 - 03:10 | 2659945 NoClueSneaker
NoClueSneaker's picture

Yeah, but even the nastiest pusher pimps leave more to their hoes ....

 

Sun, 07/29/2012 - 09:27 | 2660093 JohnKing
JohnKing's picture

Don't forget about the great pharmaceuticals that really put you over the top.

Sun, 07/29/2012 - 10:47 | 2660176 Zero Debt
Zero Debt's picture

There's also lots of poor, unsuccessful olympic athletes who disagree -- because they never wanted to give anything back. They think they could do it all by themselves -- look, if you didn't win a medal, it's because you tried to do it on your own. You can't do it on your own. I'm always struck by athletes who think, well, it was my own dedication. There are lots of really bad athletes out there who suck real bad. You may think that you lost because you did not train enough. Let me tell you something -- there's lots of real bad sucky athletes out there who can't even throw a stone over their neighbor's fence. (Applause)

If you didn't win a medal, it's because the government couldn't be there didn't give you a helping hand. Because those athletes thought they were smarter than the public school teachers and wanted to learn on your own and take private lessons. The government has invested heavily to prevent you from doing that. If you didn't win a medal -- it's because you rejected the collective and put yourself first. Real athletes never do that. If you want something, someone must give it to you, and if you don't do what you can to grab what is offered from officials that know what is best for you, you truly deserve to lose.

Sun, 07/29/2012 - 00:31 | 2659800 bugs_
bugs_'s picture

thats ok the performance enhanced athletes are fake too.

Sat, 07/28/2012 - 22:34 | 2659802 JuliaS
JuliaS's picture

To reflect the times, gold medal should've been paper, silver - a bunch of digits in a computer and bronze - an IOU.

Sat, 07/28/2012 - 22:35 | 2659809 Weyland_Yutani
Weyland_Yutani's picture

I think the athletes should be able to choose between receiving a medal or a futures contract of said precious metal.

Sat, 07/28/2012 - 23:17 | 2659839 drunkenlout
drunkenlout's picture

Ain't so bad.  They Super-sized it for ya.  

Fits with the skill set of the people in charge (of everything).  

 

Sat, 07/28/2012 - 23:27 | 2659848 Troy Ounce
Troy Ounce's picture

 

 

next up: gold silver and bronze as a baclays etf

Sat, 07/28/2012 - 23:31 | 2659849 Ocean22
Ocean22's picture

Are u kidding ? That's bloody embarrassing! They can afford all that billshit. But they cannot afford some real goldI? What a joke.

Sat, 07/28/2012 - 23:49 | 2659859 dwdollar
dwdollar's picture

Do you guys honestly believe the banksters would hand out real gold to meat-heads?

Sun, 07/29/2012 - 09:36 | 2660099 Nadaclue
Nadaclue's picture

Bread and Circuses for the peasants. Save the gold for the Kings.

 

Ratfucken Bankster Pricks

Sun, 07/29/2012 - 01:30 | 2659916 Bloodstock
Bloodstock's picture

Going for the gold no longer has true meaning. It's bullshit. Might as well skip the games. Who cares?

Sun, 07/29/2012 - 04:51 | 2659953 ebworthen
ebworthen's picture

Fish, penises, and now olympic medals; sheesh.

My ding-a-ling is SO BIG....

Societal disease. Bigger medals and bodies, smaller hearts and minds.

Sun, 07/29/2012 - 04:25 | 2659969 BeetleBailey
BeetleBailey's picture

Hey IOC - YOU CHEAP FUCKS.

 

Gold means GOLD

Silver means SILVER

Bronze means BRONZE

Make the fucking medals out of the actual metal.

JESUS these assholes are ..............ASSHOLES!

Sun, 07/29/2012 - 04:45 | 2659976 savagegoose
savagegoose's picture

so its

1st = silver medal

2nd = large copper medal

3rd = small copper medal

Sun, 07/29/2012 - 04:59 | 2659982 Heavy
Heavy's picture

HAHAHAHAHAHA.

Seriously though, that's messed up. 

"Look I'll just take this wheel of cheese and go my way instead?"

"I can has cheeze?"

"You get drones.  Move it along."

Sun, 07/29/2012 - 06:25 | 2660002 Racer
Racer's picture

That is disgusted and typical of the UK to make the medals bigger but devalue them. All fakery and degrades the tremendous effort the athletes put in.

For a bronze medal to not even be worth a bag of fish and chips......

Sun, 07/29/2012 - 06:45 | 2660008 negative rates
negative rates's picture

Makes me think back to day when aluminium cans just came out. The big joke was to ask someone to say tin can 10 times. After doing so you asked them what a soda can was made out of, they always responded with tin, that's when you told them no, it made of aluminium.

Sun, 07/29/2012 - 07:21 | 2660025 TWSceptic
TWSceptic's picture

Wtf? Shows you what respect they have for the athletes.

Sun, 07/29/2012 - 08:54 | 2660066 AnAnonymous
AnAnonymous's picture

That is a very good US citizen decision.

Consider, the chinese are again on the path of loading up gold medals.

Less gold transfered to Chinese.

You know, with US citizens, it is all a matter of turning tables.

Gold, was good when US citizen nations were the only gold medals winners.

Less good now...

Sun, 07/29/2012 - 10:42 | 2660169 IMA5U
IMA5U's picture

China = The Small Coqs

 

It aint shocking theirs were smaller....

Sun, 07/29/2012 - 11:32 | 2660265 Plata con Carne
Plata con Carne's picture

The whole opening ceremony was a zionist's dream...  The logo spells ZION http://imgur.com/JMoaz

The games begin on a day within the Jewish Holiday, Tisha B'av, which commemorates the destruction of the Jerusalem Temple.

The stadium set is called 'A Green and Pleasant Land"  http://youtu.be/DipDfhY2FIo

The phrase "A Green and Pleasant Land" comes from the poem, Jerusalem, by William Blake, which was put to music years ago and played at the ceremony

And did those feet in ancient time.
Walk upon Englands mountains green:
And was the holy Lamb of God,
On Englands pleasant pastures seen!

And did the Countenance Divine,
Shine forth upon our clouded hills?
And was Jerusalem builded here,
Among these dark Satanic Mills?

Bring me my Bow of burning gold;
Bring me my Arrows of desire:
Bring me my Spear: O clouds unfold!
Bring me my Chariot of fire!

I will not cease from Mental Fight,
Nor shall my Sword sleep in my hand:
Till we have built Jerusalem,
In Englands green & pleasant Land

Then this freaky dead baby, scene.... http://imgur.com/VipUQ

The opening ceremony ends with "Hey Jude" by the Beatles. The Olympic games weill end coincidentally on the date that William Blake died.

William Blake is a prominent name in illuminati lore, he claimed to have had actual conversations with Lucifer.

Sun, 07/29/2012 - 13:23 | 2660444 lindaamick
lindaamick's picture

The Olympic atheletes are the labor class of this institution.

The labor class NEVER gets proper compensation.

That is the capitalistic rule.

The handlers/rentiers make all the bread.

 

Sun, 07/29/2012 - 14:14 | 2660501 tony wilson
tony wilson's picture

like a northern twatter boyle
empty of  charms just more rothshield mossad trouble,
soon to release a hell broth soup of bio hue.

 zombie mason man directs the spreading rage virus below

a vague gay hague says syrian,iranian terror will not stand

while israel laughs and sits it out again

hail to the energy harvesting from life and death.

hail mighty little mason boyle

hail virgin blood 

hail slow  depleted uranium and bio death

sieg hail  satan

building jerusalem anew 

 

 

Sun, 07/29/2012 - 15:04 | 2660574 Superslam
Superslam's picture

Crony capitalism ruins the Olympics anyway. The faux gold medals are just a symptom of government involvement:

 

http://www.policymic.com/articles/11970/crony-capitalism-big-government-and-tsa-security-ruin-the-olympic-games

Sun, 07/29/2012 - 15:45 | 2660643 Qualitative Tig...
Qualitative Tightening's picture

"quality beats quantity"  ... Very true. Very true.

Sun, 07/29/2012 - 15:49 | 2660653 boh knows
boh knows's picture

As a whole,  the olyimpics is essential a away to say my region of the world has excelled more than your race.

Sun, 07/29/2012 - 18:42 | 2660982 widget
widget's picture

"The last time the Olympic Games handed out solid gold medals was a hundred years ago at the 1912 Summer Games in Stockholm, Sweden."

Also the last olympics before the federal reserve act enacted. Probably just a coincidence.

Sun, 07/29/2012 - 22:10 | 2661334 Suraj Corominas
Suraj Corominas's picture

Wonder how much further our society will fall before we see real, life & death gladiatorial battles in our arenas again. 

Sun, 07/29/2012 - 23:10 | 2661419 savagegoose
savagegoose's picture

2020 medals

paper mache with gold, silver and copper paint

Sun, 07/29/2012 - 23:27 | 2661448 Fecklesslackey
Fecklesslackey's picture

They will use left over $100 dollar bills 

Mon, 07/30/2012 - 03:54 | 2661666 Zwelgje
Zwelgje's picture

.

Mon, 07/30/2012 - 14:08 | 2662880 dizzyfingers
dizzyfingers's picture
http://www.dailymail.co.uk/news/article-2180579/Olympics-2012-Row-row-seats--tickets-sent-foreign-VIPs-black-market.html

"Troops, students and teachers are being drafted in to help end the embarrassing spectacle of empty seats at Olympic venues."

 

Tue, 07/31/2012 - 03:42 | 2664288 juujuuuujj
juujuuuujj's picture

The new metal is known as Gilper.

Do NOT follow this link or you will be banned from the site!