Posted in Uncategorized, tagged angel wing, birthstone jewelry, central bank, counterfeit, film, gold, Luna & Stella, money, national geographic, necklace, new york on November 19, 2012 |
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I recently saw a National Geographic special about money and the central bank. The documentary took viewers into the vault at the NY Fed, where gold bars are stored. Although the security is really tight, anyone may sign up for a tour there. The film also went to places where cameras are usually not allowed, like the National Bureau of Engraving and Printing, which prints dollar bills.
It also went to offices deep underground in the gold and diamond district of New York City. I thought Suzanne would be interested to see the broker who buys gold. Being in the jewelry business with Luna & Stella, she naturally is aware that gold has been expensive since the economic downturn. The film showed the multilingual broker buying small bags of gold objects, which were then shown being melted down and made into a gold bar.
National Geographic has also blogged about the movie: “What Jake Ward of Popular Science magazine discovers in this one hour special is that without the engines that power the world’s financial systems, that world would grind to a halt.
“America’s Money Vault follows 55 million dollars worth of gold as it makes its way down into the most valuable gold vault in the world. Hidden deep under the streets of New York City, hundreds of billion dollars in gold bars …
“Jake goes behind the storefronts to see how everybody from the street level to the brokers make their money buying, selling and even finding gold. He meets Onikwa Thomas who calls himself the urban miner and claims to earn up to four hundred dollars a week off of gold specks found in the cracks of sidewalks.” More from the documentary.
P.S. Speaking of Luna & Stella, Suzanne’s birthstone jewelry company, gold vermeil angel wings can make a lovely gift for the right person.
Photograph: National Geographic
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Posted in Uncategorized, tagged bank, bold and the bankable, center for community capital, central square, latino, money, money matters, north carolina, saving, theater, theatrre, unc, underground railway, youth on April 3, 2012 |
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There’s a theory that if you want information to stick, it helps to tie it to emotions. The Center for Community Capital at the University of North Carolina tested the idea with The Bold and the Bankable: How the Nuestro Barrio Soap Opera Effectively Delivers Financial Education to Latino Immigrants.
It’s all true: If a character you like goes bankrupt because of reckless behavior with money, you are likely to remember and apply the learning to your own situation.
Last week I had the pleasure of attending a theatrical production by teenagers from the Underground Railway Youth Theater who had written a script from interviews they conducted with 80 people of all ages. The teens asked interviewees about their experiences with money and how they felt about it. Some of the stories were quite moving, and the high school audience’s emotions were likely engaged as they were quiet as mice.
There was a talkback afterward. A few students wanted to know how to join Youth Underground.
From the group’s website: “Youth Underground serves youth ages 13-18 with stipend eligible opportunities to create theater together and in tandem with community-based organizations; and to showcase their work throughout the city, Greater Boston, and at Central Square Theater. Youth Underground holds both an academic year program and intensive summer residency with an annual Ensemble of 30 members. Youth Underground showcases work through performances, a youth driven Community Dialogue Series, and peer exchanges with local and global organizations.”
The Boston Globe has a good article on it.
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