In a recent Woden's Folk article, Wulf Ingesunnu describes a German flag / banner as having a Gold dragon on a Blue field. As Wulf said in the article, the colour scheme gold on blue is a very old Aryan colour scheme.
If we look at the heraldic crest of Nuremberg we see that there is a Golden winged figure upon a blue field. This figure represented a golden prince. In later days the figure changed to be female, and the christians demonised it as a harpy.
Still, what we have is a figure with great symbolic importance - A prince - the Royal blood of the Aryan, a winged figure, perhaps symbolising a Solar or Divine figure?
The Ancient aryan texts speak of a god - Manu - who led the Aryans from a sinking land. His banner (according to some) was a Golden Swastika upon a Blue Field.
This colour scheme still continues in the national colours of Sweden, and it has a shared history with the Wulfinga tribe that settled in Anglia, England.
Above - two different shields from Sweden - notice there are three crowns around the Oak (the national tree of England and Germany)
Below - The flag of East Anglia, and the Crown and crossed arrows of King Edmund, the last Wulfinga king.
You may have noticed that all the crowns look very similar, even on the head of the Nuremberg prince? Nuremberg means the Mountain of the Norns (the German name is Nurnberg). It would seem fitting that there should be a connection between the three Norns and the three Golden crowns? At least as a symbol of the higher race, which the Nuremberg Prince represents!