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3.2 kilograms of silver is included in the trophy of the Super Bowl


Von Swiss Resource Capital AG

Some trophies are made of gold, some of silver. Precious metals are not only coveted by athletes.

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The 57th Super Bowl was particularly exciting this time. The Kansas City Chiefs won the trophy in a spectacular game. It was created by Tiffany & Co. and has a silver melting value of around 2,100 US dollars. The economic dimensions of the Super Bowl are gigantic compared to the value of the trophy. According to estimates, last year's Super Bowl brought in between US$234 million and US$477 million for the host city of Los Angeles. Other sporting events often award a more valuable trophy. For example, the FIFA World Cup trophy is worth about $260,000, making it the most valuable award in sports. When it was made in 1973, gold was much cheaper, and the cost of the material was around 5,000 US dollars.

 

However, gold and silver are not only popular in the sports world, but also among central banks and investors. The gold price currently has support at $1,800 and resistance at $1,900. Even though the prices of silver and gold are trending downward right now, in the longer term these precious metals are value preservers that have proven themselves over a very long time. Silver in particular should increase in value over the next few years due to its many uses, such as a component of renewable energy, as jewelry, in technology and medicine, and in finance.

 

Especially in uncertain times, the reliability of gold and silver should score points. For investors, these precious metals can offset losses. When investing in gold and silver companies, the investor still receives leverage on rising precious metal prices. Gold is available, for example, at Condor Gold or at Gold Terra Resource in the projects.

 

Gold Terra Resource's - https://www.commodity-tv.com/play/mining-newsflash-with-with-victoria-gold-gold-terra-tinone-resources-canada-nickel-labrador-uranium-and-mag-silver/ - immensely large Yellowknife City Project is located in the Northwest Territories in the Yellowknife Greenstone Belt.

 

Condor Gold's main project is the La India gold project, located in Nicaragua.

 

Latest corporate information and press releases from Gold Terra Resource (- https://www.resource-capital.ch/en/companies/gold-terra-resource-corp/ -).

 

 

 

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.


Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/



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