The use of a gold cup, also known as a loving cup, for celebration purposes has a long history that is intertwined with marriage customs, sporting victories and general celebration purposes. Loving cups offer an opportunity for a common celebration that unites people in their happiness.
A Cup, Chalice, Bowl or Goblet
The shape of many sporting trophies is in the form of a cup, bowl, chalice or goblet. The meaning of community and unity is implicit in the shape of the loving “cup”. This is because the celebration traditions related to the gold cup or loving cup are from a time in the past when people used these different cup styles for drinking in celebration together.
Loving Cups Of Celebration
The loving cup is a feature at traditional northern European weddings and other celebrations. Another name for the loving cup is the cup of friendship. The Scottish tradition involves passing around a bowl of whiskey so everyone can have a celebration drink together.
Famous Gold Cups
The two handled cup or bowl is a traditional sports trophy shape. Famous gold cup trophies include the Stanley Cup, the World Cup, America’s Cup and the Melbourne Cup. Two handled cups are a familiar shape for many trophy awards and not all of these cups are famous.
Favoured Shape For Sports Awards
The use of a gold cup for sporting trophies and as an award for exemplary behavior is an old tradition that is connected to celebrations from ancient times. The loving cup is a familiar trophy for many kinds of sports including bowling, hockey, football, golf and soccer. More cup trophies are used for team sports award than for individual sports awards. Many times, there is an accompanying tradition that goes with the trophy cup and that usually is that the loving cup is passed from winner to winner.
A later example of the use of a gold cup as a celebration tool comes from the "love feasts" of the early Methodist church which involved the use of a loving cup. This loving cup also had a handle on each side so it could be passed around easily. Probably the Methodists of the 1700s got their idea about the loving cup from older traditions.
The use of a gold cup as a symbol of celebrations is still going strong despite its old roots in human history. The loving cup is a wonderful symbol for the deep and shared feelings that accompany many of our triumphant and happy moments in life.
Filed under Commodities by on May 7th, 2010.
With the growing interest in protecting one's wealth from the evils of inflation with silver and gold, there has been much hype on the Internet, as numerous silver coin programs have appeared almost overnight. The price of silver has been rising in recent years, from about $3.50 an ounce in 2000 to almost $19.00 an ounce today. That, combined with the devaluation of the U.S. Dollar has clearly fueled a growing trend of people becoming more interested in precious metals.
Filed under About Your Money, Commodities, Home Business, Investing by on May 5th, 2010.
The density of a gold bar is constant, though the value is fluid in terms of time. Many people suffer from irrational desires at the sight of a gold, and dream of owning as much of it as possible, though there could also be other avenues to build up one’s net worth. This is certainly psychological if not genetic, because the metal has enjoyed magnetic demands throughout history. Some individuals prefer a gold bar to jewelry, especially if it is a form of investment rather than for the sake of appearances.
A gold bar conveys value in a universal manner in which no other form of communication can match. There are some communities that use forms of greeting other than the common handshake, but you could hardly find one anywhere that does not appreciate the general value of gold. It is not just easy to store if one has adequate security, but will not change its properties if kept in reasonably dry conditions. The metal is entirely malleable, so gold may be used at any time, including by succeeding generations, to make jewelry, or even for industrial purposes. It can serve as an unquestionable form of collateral, and is the most secure and recognized form of financial wealth.
Ways Of Making And Buying A Gold Bar
The most efficient way to make a gold bar is to heat it so that it becomes fluid, and then to pour the molten substance in to a mold for it to set. A more difficult but energy efficient way is to cut a gold bar out of a larger piece, in a manner by which it conforms to set specifications. Since a gold bar is relatively malleable, it is possible to stamp markings of choice on it, regardless of how it is produced. While such markings may rec ord the names
or producers and even owners, a gold bar can quickly and easily be fashioned afresh to conform to new specifications.
Individuals cannot match entire governments, but though even a comparatively poor nation may boast of holdings far in excess of even the wealthiest of individuals, the charms of a gold bar for people exceeds by far, the nominal values recorded of stocks of the metal in statutory books of account. Uncertain times and adversity can make a gold bar even more attractive than during economic upturns, because there is no surer purveyor of stable financial values.
Filed under Commodities by on Apr 30th, 2010.
What shines like gold, but is worth only a mere fraction of the real thing? What got its name by tricking miners into thinking it was gold? What appears as geometric cubes of pure gold but gives off sulfuric acid during mining operations when it comes into contact with oxygen and water? The answer to all of these questions is iron pyrite, or fool’s gold.
Fool’s Gold Tricks Miners
During the gold rush, it was not uncommon for a forty-niner to encounter large chunks of fool’s gold and think they had hit the mother lode. It did not take long, though, for these men to find out that they, like so many before them, had mistaken iron pyrite for actual gold. In fact, this happened so often to miners that iron pyrite forever became known as fool’s gold.
Where Is It Found?
Fool’s gold is a sulfide mineral that is quite often found in or around fossils and in coal beds. It is also found in quartz veins and other sedimentary rock, which is often why it is mistaken or sometimes found alongside gold. With this in mind, then, perhaps fool’s gold isn’t so bad, particularly if it can be used as a kind of guiding light for the real valuable gold.
What Good Is Fool’s Gold?
While fool’s gold is certainly not going to be loved by any gold miner, it is not without merits. Iron pyrite is shiny, durable and very pretty, so it is often found adorning costume jewelry. Additionally, large specimens often look as though hundreds of tiny gold cubes have been somehow joined together, and are often prized by specimen collectors.
Industry
If you make your money in paper, then you probably love iron pyrite. You may even say that for some fool’s gold is a real golden opportunity, because it has been a key element in the creation of sulfur dioxide for the paper industry in the past. While the importance of this element for paper has changed over the years, there are major companies today that simply would not be where they are today without a touch of fool’s gold.
It may never be worth a lot of money, and it may continue to be the bane of a miner’s existence. However, for the specimen collector, costume jewelry lover and the paper manufacturer, fool’s gold is actually a pretty wonderful little piece of pyrite.
Filed under Commodities by on Apr 23rd, 2010.
On January 24, 1848 the history of California changed when gold was discovered at Sutter’s Mill. The forty-niners, as they were known, flocked to the land of promised wealth to seek their fortune in gold. They came anyway they could, on ships, in covered wagons and even on horseback. This singular-minded drive for wealth will forever be known as the California Gold Rush.
San Francisco And Statehood
A mere town at the beginning of the great California gold rush, San Francisco became a boomtown as a result. It didn’t take long for the tiny town to grow a maze of streets filled with every mining town nuance imaginable. From a mining town, San Francisco grew larger and larger offering shops, churches and schools that attracted families and even those not interested in the California gold rush.
Another city that developed as a result of the California gold rush was Sacramento. And, as hamlets grew into towns and the towns boomed, a government had to be formed. With that step came laws, and before long California was admitted into the United States as a full state.
All of this directly related to the thirst for wealth that first drove the forty-niners to what was considered the land of plenty.
Agriculture And Native Americans
As the California gold rush sparked growth in this newly formed state, the goals of the new immigrants began to shift. No longer were they called the forty-niners and no longer were they on the singular mission of finding gold. Instead, California’s gold rush had shifted to an agricultural push, which meant that more and more land was needed.
In addition to the land needed for agriculture, the California gold rush and the newly budding agricultural push meant a push for faster ways to move people and goods across the state. Eventually, California began building a railroad to accommodate the need to move people and things. With the need for land to mine on, land to grow things on, and land for railroads, Native Americans were shoved out of ancestral lands and onto reservations.
Years later, it was discovered that the boomtown building California gold rush had one other negative effect. Not only did the Native Americans suffer, but the land was also ravaged from the effects of mining. This was, and remains one of the most important pieces of American history. Now, students from anywhere can learn about the California gold rush and the lives of the miners by visiting the online museum, http://www.museumca.org/goldrush/fever.html. It is dedicated to preserving this historic event for generations to come.
Filed under Commodities by on Apr 16th, 2010.
Australian gold has more than nominal value: it has been integral to the colonization of the continent ever since the 19th century. The first reserves were discovered more than 5 decades before a rush of explorers from distant places in Europe. But there was no stopping the hordes once word spread about the abundant reserves below the soils of this distant land. Australian gold was the basis for basic infrastructural development wherever it was found in significant amounts, and changed the face of the country from a place where criminals were banished, to a territory with unparalleled opportunities.
The Future Of Australian Gold
Australian gold is not just about the pioneering generations of the country, but continues to occupy a prominent place in the vanguard of this nation’s place on the world economic map. Australian gold has a major impact on international values and their trends on markets everywhere. The metal continues to have a prominent place in the country’s economy even after the emergence of many modern industrial and service sectors. Australian gold, with an annual export value in excess of $5 billion, is one of the country’s top 5 foreign exchange earners.
Only the United States and South Africa have potentials to compete with Australian gold, but
the mining industry is far better organized and supported in areas such as Victoria. The entire business sector follows the best safety and ecology standards, ensuring the construction of enduring values, with respect for key aspects of sustainability. Most experts forecast that Australian gold will grow in stature, and overtake other countries, in the foreseeable future. However, it is also true that demand for Australian gold outstrips supplies, and this situation is set to continue for another decade, as companies look eagerly to strike new discoveries.
There are three principle drivers which account for the rising demand for Australian gold. One is the insatiable demand emanating from China. The second is the emergence of India as a major world power, with strong cultural influences related to the values of the yellow metal. Finally, central banks in most countries continue to hanker for increased holdings of Australian gold to bolster their currency values. It is no wonder that the industry has attracted so much capital from all over the world. Most companies in the sector are now substantially funded and owned by foreign interests. However, no one in the country is complaining!
Read more on Australian Gold And The Modern History Of The Continent…
Filed under Commodities by on Apr 9th, 2010.
It may be a good idea to begin collecting a little silver now to protect yourself against the devaluation of the dollar that some predict is coming soon. Here is a statement from Porter Stansberry that you may be interested in.
Read more on Add Silver To Your Portfolio Before It's Too Late…
Filed under About Your Money, Commodities, Financial Planning, Home Business, Investing by on Dec 1st, 2009. Comment.
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Filed under Commodities, Investing by on Nov 19th, 2009. Comment.
It certainly beats collecting stamps for those who love the yellow metal, and U.S. gold coins can be enjoyed more than bars or jewelry stashed away out of sight. A collection of U.S. gold coins is a rare treasure that adds uncommon character to an inheritance. It is also something to which each generation can add new values.
Filed under Commodities by on Nov 18th, 2009. Comment.
When it comes to trading on the internet, then online commodity trading is a good opportunity. Larger volumes and profits potential are right at the front if you know what you are doing, since the interest in the market is currently increasing.
You can join some schools who provide courses, even only last for few days, but they teach people about the basics of the stock market and online commodity trading.
Whether or not you decide you need to attend a class, it is important that you understand all there is to know about commodity trading before you get started. You need to learn how to place and how to control your orders in the commodity market.
It is advised to learn from professionals who make money thru selling and buying, since it will give you a good samples on how you need
to conduct yourself though the market you will be joining will likely be smaller scale. This also include learning how to use stock market software.
Learn which online commodity trading transactions that have the most risk, that way you can always control your exposure to great losses. It doesn't matter even if you find the russian stock market seemed to be more lucrative than the one in the US for example.
By studying the market, you will be able to determine which investments you should be avoided due to risk factors and which are likely to be profitable. You can use different types of contracts as well to increase your leverage. Such as dow index.
Things makes the online trading more complex, but if you do it carefully and correcly, you can earn profits with less risky. So if you want to do well in the online trading, you better be discipline and move carefully with a good plan and solid knowledge about the market as well the software your are using.
Many people find that online commodity trading is very lucrative and make it become a full time career. So if you put the time learning the market and carefully make a decision, you may find yourself want to make the online commodity trading become a full time career, too.
Thank you to the internet since it makes the online commodity trading become much more flexible, so that you can start slow and increase the volume whenever you feel comfortable.
Filed under Commodities by on Jul 29th, 2009. Comment.
From the 1790's to the present, the U.S. Mint has struck a wide variety of iconic Gold coins, such as the St. Gauden's, Indian Heads, Coronet Heads and Liberty Heads, that are recognized worldwide. The U.S. mint has also produced tremendous gold commemoratives as well as extremely popular gold bullion coins. In times like these, collecting U.S. gold coins may help ease economic concerns and prove to be a very satisfying enterprise.
Filed under Commodities by on Jun 15th, 2009. Comment.
The first gold coins in the United States were issued back in 1795. The Unites States Mint set the value of the U.S. Dollar at 24 grains of gold. The value was based in accordance with the world price on the precious metal, which at that time was $19.39 per troy ounce.
Filed under Commodities by on May 31st, 2009. Comment.
What are bullion coins? These coins may have high values because they are not only limited; but also they may have been found in shipwrecks, or they may come from the ancient times. Bullion coins are the type of collector’s items that many people look for.
Filed under Commodities by on Feb 26th, 2009. Comment.
Commemorative coins have become very popular. Many times they are used as traditional gifts for special occasions. These coins are not considered to be practical gifts, bur are commemorative items that can be kept for years as special souvenirs when received by a special friend or loved one.
Filed under Commodities by on Feb 20th, 2009. 1 Comment.
The following is edited from Chapter 10 of the book How to Prosper during the Coming Bad Years in the 21st Century by Howard Ruff.
"The Silver Lining in every cloud" is the symbol of optimism. It is right up there along with gold and platinum for jewelry or wedding rings. Silver has been by far the most commonly-used monetary metal; silver coins are far more common than gold in much smaller denominations. It is the most common coinage used as money (the British pound sterling?); Silver coins have been standard currency in many nations in all ages of time, much more even than gold. It has been used more often than gold for coins because many silver deposits are much shallower than gold, so they have been easier and cheaper to mine, even by primitive methods.
Filed under Commodities by on Dec 18th, 2008. Comment.
Current gold prices are a reflection of a country's economy. The fluctuation of current gold prices in the bullion market has nothing to do with availability of the yellow metal. It is a result more of a psychological effect of the events of the world on the country. Historically, people all over the world have invested in gold as a means of saving. In times of high inflation or currency deflation, as what happens in many developing countries, gold offers security, safety and liquidity.
Filed under Commodities by on Dec 10th, 2008. 2 Comments.
Commodities experts are in agreement that the price of gold and silver is being manipulated by bankers and government officials in order to halt a mass abandonment of paper currencies and the debt based economy.
Filed under Commodities by on Nov 21st, 2008. 2 Comments.


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