Gold houses, hotels, diamonds, and rubies adorn a Monopoly set now on display in New York at the Museum of American Finance on Wall Street. Let's take a look.
The game of Monopoly has reached a new gold standard.
A one-of-a-kind 23-carat gold-plated version of the real estate board game has been brought to Wall Street and is on display inside the Museum of American Finance.
Each of the game's tokens, hotels, and houses are solid gold.
Master jeweler and artist Sidney Mobell, who created the set, says many of the pieces are encrusted with fine jewels.
[Sidney Mobell, Gold Monopoly Set Creator]:
"All the little houses and hotels are 18 carat solid gold. On the chimneys of houses are genuine rubies, on the chimneys of the hotels are genuine sapphires."
The gold-bathed game is on loan from the Smithsonian Institution National Museum of Natural History in Washington, DC.
[Sidney Mobell, Gold Monopoly Set Creator]:
"It took a year to make from start to finish. Actually, it isn't just a set, it's a piece of art."
Mobell said he created the gold Monopoly set in 1988 for London's World Monopoly Tournament.
Mobell said the game has an estimated value of $2 million, but added, the precious game is priceless.
[Sidney Mobell, Gold Monopoly Set Creator]:
"I would say right now, if I still owned the set, and I didn't donate it to the Smithsonian, I would turn down 100 million dollars. If someone offered, I'd say forget it."
The gold and gemstone monopoly set will be on display at the Museum of American Finance through October 2012.
Monday, November 15, 2010
Beware Store Credit Cards
WalletPop's Vera Gibbons says consumers should be aware that store cards often carry much higher interest rates than bank cards.
Market Close Wrap-Up: November 15, 2010
Market Close Wrap-Up: November 15, 2010
"The major U.S. equity indices closed mixed Monday.
In the headlines today...Republican economists attacked the Federal Reserve's plan to stimulate the economy. The central bank announced last week it's decision to purchase $600 billion in Treasury bonds.
The economists wrote in a letter that this action risks ""currency debasement and inflation, and we do not think [it] will achieve the Fed's objective of promoting employment.""
In economic news, the Commerce Department reported that retail sales jumped 1.2% during October - the largest upturn since March.
However, excluding automobiles, sales increased by 0.4%.
In corporate news, EMC Corp. (NYSE:EMC) purchased software design firm Isilon Systems, Inc. (NASDAQ:ISLN) in a $2.25 billion cash deal.
Lowe's (NYSE:LOW) reported Q3 earnings of $0.31 per share, coming in one penny ahead of consensus. The retailer posted revenue of $11.6 billion, which missed consensus of $11.75 billion.
And..BHP Billiton Ltd. (NYSE:BHP) retracted its bid for Potash Corp. (NYSE:POT). The company instead reinstated its share repurchase program worth $4.2 billion.
Taking a look at how the major U.S. indices closed on Monday...The Dow Jones Industrial Average (DJI) closed slightly higher by a fraction of a percent at 11,202, the S&P500 (INX) closed slightly lower at 1,198, and the Nasdaq Composite (IXIC) closed near two-tenths of a percent lower at 2,514."
"The major U.S. equity indices closed mixed Monday.
In the headlines today...Republican economists attacked the Federal Reserve's plan to stimulate the economy. The central bank announced last week it's decision to purchase $600 billion in Treasury bonds.
The economists wrote in a letter that this action risks ""currency debasement and inflation, and we do not think [it] will achieve the Fed's objective of promoting employment.""
In economic news, the Commerce Department reported that retail sales jumped 1.2% during October - the largest upturn since March.
However, excluding automobiles, sales increased by 0.4%.
In corporate news, EMC Corp. (NYSE:EMC) purchased software design firm Isilon Systems, Inc. (NASDAQ:ISLN) in a $2.25 billion cash deal.
Lowe's (NYSE:LOW) reported Q3 earnings of $0.31 per share, coming in one penny ahead of consensus. The retailer posted revenue of $11.6 billion, which missed consensus of $11.75 billion.
And..BHP Billiton Ltd. (NYSE:BHP) retracted its bid for Potash Corp. (NYSE:POT). The company instead reinstated its share repurchase program worth $4.2 billion.
Taking a look at how the major U.S. indices closed on Monday...The Dow Jones Industrial Average (DJI) closed slightly higher by a fraction of a percent at 11,202, the S&P500 (INX) closed slightly lower at 1,198, and the Nasdaq Composite (IXIC) closed near two-tenths of a percent lower at 2,514."
What You Need to Know About Buying a Foreclosure
Home Buyer Kevin Jones on the uncertainties of buying a foreclosed home despite the lower costs.
Gold vs Silver Investment
or the full transcript, please click on the URL below:
http://www.australianbullioncompany.c...
Hi, Im Dr Marc Dussault, Im here with the Managing Director of the Australian Bullion Company Mr Peter August and were sitting here with gold, and this is 105 ounces of gold bars and this is another ounce of a coin. And I just wanted to show you what it actually looks like; and its actually as heavy as it sounds.
Now just so you can see, this is a regular blackberry mobile phone and we have a series of YouTube videos that explains why you should invest in gold. But what I wanted to do in contrast, and Im just gonna move the phone over here just so you can see the difference in size. Again this is just a regular, this would be about the size of a 20 cents piece wouldnt it?
Yes.
Okay, so a 20 cent Australian piece, and its actually you know very attractive because once again its a coin, whereas these are bars which have a little bit more of a rough texture. But the contrast I want to show you is with silver. Now this is 1 kilo which is about, its about all of this isnt it?
One kilo is that.
Is that. So this, is that.
Its a dramatic difference isnt it?
Yeah, its a huge difference. Now this is silver and I, you have to sense how heavy this is and when you look at it its got that rough texture we talked about in the other YouTube video about bullion, and its stamped, and its actually when you touch it its got a really nice feel to it. I want to show you another one, this one is how much, 5 kilos.
Thats correct.
Now Im not gonna drop it from too high up okay, but
Just do that to my table, yeah.
Yeah, you can, and I do that so you can actually get a sense of how heavy it is. So this is 5 kilos; now in todays pricing, were actually in November in 2009, how much is a kilo of silver?
For the full transcript, please click on the URL below:
http://www.australianbullioncompany.c.
A Unique Way to get Silver and Gold before the Collapse!
We all NEED to get Silver, Gold and Platinum in our portfolios. This video explains a different way and the why's of getting Precious Metals. ALERT!! You MUST get Silver and Gold in your hands NOW! Collapse of US Economy Imminent!
Robert Kiyosaki - Why Obama is anti-business and what you should invest in
Robert Kiyosaki - Why Obama is anti-business and what you should invest in
Best selling author of "Rich Dad, Poor Dad" Robert Kiyosaki talks about why big and small business hates Obama. And he talks about what the average investor should put his money in.
Best selling author of "Rich Dad, Poor Dad" Robert Kiyosaki talks about why big and small business hates Obama. And he talks about what the average investor should put his money in.
SILVER - GOLD RATIO VARIES IN CYCLES
SILVER - GOLD RATIO VARIES IN CYCLES
OFTEN REPEATED HISTORIC ANALYSIS INDICATES SILVER COULD OUTPACE GOLD IN PERCENTAGE INCREASE DURING NEW ECONOMY INVESTMENT CYCLE SOON TO BEGIN FOR PRECIOUS METALS.
Ag : Au Era
16 : 1 - Silver to Gold Ratio has existed for thousands of years
17 : 1 - Jan 1980 - PM Historic Peak due to lack of Economic Confidence
100 : 1 - 1990s as Confidence restored in US$
61 : 1 - Jan 2010 - Ag $18.66 : Au $1133.xx spot ounces
16 : 1 - In Future due to insecurity in markets from Derivatives and Fiat Currencies (curreny based on analytical confidence of a nation's economy vs a gold specie backing in storage), plus inflation adjustment, also demand is growing for gold and silver.
2nd Wave of negative economic data yet to manifest can concern Commercial Real Estate Derivatives as a 10x larger problem than the sub-prime collapse of 2008.
Silver has more industrial use than gold. CPI Index of 1970s was accurate, therefore with inflation adjustment and other economic considerations gold could value up to $6000 per oz. A conservative increase to $2500 per ounce is considerably believable.
Studies indicate gold seems very likely to continue rising in value. {Recent dip in gold price after a sharp rise was due to accumulative 4 tons of gold a day sold by private investors who bought when prices were considerably lower. Another source told me much more was sold by national treasuries during the crest in December 2009.}
OFTEN REPEATED HISTORIC ANALYSIS INDICATES SILVER COULD OUTPACE GOLD IN PERCENTAGE INCREASE DURING NEW ECONOMY INVESTMENT CYCLE SOON TO BEGIN FOR PRECIOUS METALS.
Ag : Au Era
16 : 1 - Silver to Gold Ratio has existed for thousands of years
17 : 1 - Jan 1980 - PM Historic Peak due to lack of Economic Confidence
100 : 1 - 1990s as Confidence restored in US$
61 : 1 - Jan 2010 - Ag $18.66 : Au $1133.xx spot ounces
16 : 1 - In Future due to insecurity in markets from Derivatives and Fiat Currencies (curreny based on analytical confidence of a nation's economy vs a gold specie backing in storage), plus inflation adjustment, also demand is growing for gold and silver.
2nd Wave of negative economic data yet to manifest can concern Commercial Real Estate Derivatives as a 10x larger problem than the sub-prime collapse of 2008.
Silver has more industrial use than gold. CPI Index of 1970s was accurate, therefore with inflation adjustment and other economic considerations gold could value up to $6000 per oz. A conservative increase to $2500 per ounce is considerably believable.
Studies indicate gold seems very likely to continue rising in value. {Recent dip in gold price after a sharp rise was due to accumulative 4 tons of gold a day sold by private investors who bought when prices were considerably lower. Another source told me much more was sold by national treasuries during the crest in December 2009.}
DISCLOSURE IMMINENT? NASA TO ANNOUNCE DISCOVERY OF "EXCEPTIONAL OBJECT"
NASA Announces Televised Chandra News Conference WASHINGTON -- NASA will hold a news conference at 12:30 p.m. EST on Monday, Nov. 15, to discuss the Chandra X-ray Observatory's discovery of an exceptional object in our cosmic neighborhood.
The news conference will originate from NASA Headquarters' television studio, 300 E St. SW in Washington and carried live on NASA TV.
http://www.nasa.gov/home/hqnews/2010/...
Ashraf Laidi, Potential Irish Budget Cuts Would Help Euro
Nov. 10 (Bloomberg) -- Ashraf Laidi, chief market strategist at CMC Markets, talks about the outlook for Ireland's debt. Irish 10-year bonds tumbled for a 12th day, leading a rout in debt from Portugal to Greece, as LCH Clearnet Ltd. demanded its clients place a larger deposit when trading the nation's securities after yields soared. Laidi talks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)
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