Gold is Silver and other interesting facts for the bullion investor.

Olympic factoids:

Composition of the medals given to the winners of the 2012 Olympics. The medals are made by the Royal Mint and interestingly from PMs mined from near Salt Lake City, Ut and a mine in Mongolia.

The Gold Medal mostly silver.

• Silver - 11.735 t oz
• Gold - 0.193 t oz
• Copper - 1.02 oz
• Melt value ~ $636.11

The Silver Medal is also mostly silver

• Silver - 11.895 t oz
• Copper - 1.06 oz
• Melt value ~ $327.11

The Bronze Medal

• Mostly copper then tin & zinc
• Melt value ~ $3.00

Metal prices since the last olympics:

• Gold Jul 30, 2008 - $898
• Gold Jul 30, 2012 - 1618.92
• Gold Gain - 80.38%

• Silver Jul 30, 2008 - $17.10
• Silver Jul 30, 2012 - $27.06
• Silver Gain - 58.25%

You would have done very well for yourself by avoiding the stock market over the last 4 years.

Source: http://www.cointalk.com/t210813/

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