Ever Wondered How Much The Olympics Gold Medal Is Really Worth? The Answer Will Surprise You.

The Olympics is a shining, glorious dream for athletes worldwide. Indian athletes are doing pretty well in the Rio Olympics with the Indian hockey team pushing forward into the quarter finals and Dipa Karmakar vaulting into the finals. After years of hard work and grueling grit, one athlete among countless others reach the podium, eyes glistening and proudly holding up the gold medal, but how much is this small golden disc really worth?

If the medal was melted and then evaluated in terms of money, the athletes don't get a lot. Since the Mexican games in 1968, medals are around 6.5 millimeters thick, 65.8 millimeters broad and weigh about 176.5 grams. The London Olympics handed out bigger medals which were about 375 to 400 grams.

 

But the shiny medal isn't made up entirely of gold. Only about 6 grams are real gold (24 karats) and the rest is made up of sterling silver which is 92.5 grams silver and the rest, copper. With skyrocketing prices of gold (a very real problem in India), a medal would cost about $366 or Rs. 24,467.08 and the London medals would cost about a measly $501 or Rs. 33,491.82.

Wired figured out how much they would cost of they were made of pure gold and it was a whopping $76,000 for a 3.35 pound gold medal which is Rs. 50,80596.20, OMG, I can't even.

Some medals by famous athletes are auctioned off and bring in quite a bit. For example, Jesse Owen's 1936 medal went under the hammer for $1.47 million in 2013. That said, an Olympic medal is way, way more valuable for an athlete even if it was made of solid gold. We are talking years of grueling training and sacrifices made in terms of studies and job alternatives which might affect them later.

Debates will rage on about the medal's real worth, but talkin' money they're worth about 24,000 rupees.

Rustom is Coming

 Kumar has had a good year at the movies so far. He started the year with a bang with Airlift  and is still riding high on the success of Housefull 3. 

In his next, Rustom, Akshay plays naval officer, Rustom Pavri.

The film is apparently based on the Nanavati case, where Naval Commander KM Nanavati was tried for the murder of his wife and her lover. This was the last case to be heard as a jury trial in India. Akshay looks impressive as the dashing naval officer whose world falls apart when he's framed for a crime he did not commit. Or did he!?

Source: Twitter

For 6 Patriotic Akshay Kumar Dialogues Which’ll Bring Out The Indian In You, click here.

Watch the trailer to decide:

REVEALED: Here’s The Truth Behind This Viral Hoax Post! Wait & Read Before You Share It More

Social networking platform provides all of us an opportunity to share our views, opinions or any other news that we feel is necessary for our friends and loved ones to know; however, many times, this platform is used for mischievous purposes and spreading fake news as well. One such hoax is doing rounds now-a-days on Facebook claiming that the social networking site will make public all the posts, photos and private content of users.

These types of posts are going viral since 2012 but every time, they come in a different format and this time, they are targeting users on the basis of Facebook’s terms and conditions.

Here’s the hoax post which is being rapidly shared by Facebook users:

All your posts can become public tomorrow. Even the messages that have been deleted or the photos not allowed. After all, it does not cost anything for a simple copy and paste…Better safe than sorry is right. I do not give Facebook or any entities associated with Facebook permission to use my pictures, information, or posts, both past and future. By this statement, I give notice to Facebook it is strictly forbidden to disclose, copy, distribute, or take any other action against me based on this profile and/or its contents. The content of this profile is private and confidential information. The violation of privacy can be punished by law (UCC 1-308- 1 1 308-103 and the Rome Statute).

NOTE: Facebook is now a public entity. All members must post a note like this. If you prefer, you can copy and paste this version. If you do not publish a statement at least once it will be tactically allowing the use of your photos, as well as the information contained in the profile status updates.

DO NOT SHARE. You MUST copy and paste.

There is another variant of this message which is going viral and says, “Channel 13 News was just talking about this change in Facebook’s privacy policy”

Many users got scared after reading this message and shared it on their timeline without verifying its authenticity; however, we want to bring it into the notice of our readers that Facebook has not made any such announcement and this news has no base at all. Still if you feel that there are chances of its being true, you can proceed further and follow these steps to find out the truth!!

• Firstly, Google it and see the result!
• On further research, you’ll get to know that no Channel 13 News, which is listed as news source, exists at all.
• Even if you post this status on your timeline, nothing is going to be changed as you have already accepted the terms and conditions of Facebook while creating your account.

If you are concerned about your privacy on Facebook, you can limit the access of your posts by making changes in the Privacy Settings option and this way, you can choose who can see or share your posts.

People are so ignorant that they think posting a status will force Facebook to implement it on their profile. It’s not how websites work; there are certain settings that you need to follow to stop making your status public. Tomorrow if a hoax will start saying “People need to update status on WhatsApp for them to stop showing their profile picture to anyone” then will you post that status or message on WhatsApp or will you change the settings of WhatsApp?

Some Indians will still think it’s true and not hoax; well let’s say it is true then how come this law will be applicable in India because it clearly mentions Rome.

BTW, it is HOAX for Rome, Italy users also because your status cannot decide what Facebook should do with your posts.

How can posting a status change anything?

People don’t be ignorant and stop posting this hoax on your profile.

If you have already posted this hoax on your profile, then delete it right away before it gets more viral

Stop your friends from sharing the hoax and if someone has shared it, ask him/her to delete it too!