Buy a mirror. Put letter stickers on it. Paint over the whole thing. Peel off stickers. (use canvas instead of mirror. Paint canvas what color you want your letters to be first, then letter stickers, paint over, peel off)
Tutorial: DIY Tissue Paper Pom-Poms this tutorial is pretty good. Use square sheets or tissue for a rounder Pom Pom. Tie the middle with ribbon and tied several on ribbon and hung them for a backdrop. Use thin tissue paper and fluff gently.
Creating your own DIY gold foil prints is simple! You can turn any laser printed item into a gold foil print at home! Laser printed image, gold foil placed over (gold-side up) and run it through a laminator!