Olympic Gold Medals Have Almost Zero Gold In Them

The 2016 Rio Summer Olympic Games are already 51% over budget, with the total cost expected to be in the $4.6 billion range. With that in mind, Visual Capitalist’s Jeff Desjardins notes that the organizers have tried their best to cut costs.

One area of compromise?

The Olympic gold medals, which weigh 500g (1.1 lbs) and are 85mm (3.3 in) in diameter, are gold in name only.

OLYMPIC GOLD MEDALS HAVE ALMOST ZERO GOLD IN THEM

Today’s infographic comes from JM Bullion and it shows the real amount of metal in gold, silver, and bronze medals, along with the hypothetical cost of awarding solid gold to winning athletes.

Courtesy of: Visual Capitalist and JMBullion

This article appeared at ZeroHedge.com at:  http://www.zerohedge.com/news/2016-08-21/olympic-gold-medals-have-almost-zero-gold-them