Diamond Shavings: Your Friday Web Roundup

This week … Gold’s gone down. Where does it go now? …Woman’s stolen jewelry turns up on eBay … And the family feud behind one of this week’s record-setting diamonds… All below …

 

Gold’s massive slide.

– Jewelers applaud.

– National Jeweler finds gold sales still tough.

– Mixed feelings at the Diamond District.

– Blue Nile is happy.

– Avi Kravitz on how it will affect diamond markets.

– Six theories why the price is sliding.

– First year it will post a loss?

– Analyst split as to future direction.

– Centurion reads the tea leaves.

– Experts didn’t see big drop coming.

– … But there were a few harbingers.

My thoughts.

 

Pandora CEO resigns, replaced by supermarket exec.

 

The diamond industry’s sad lack of leadership.

– Edahn Golan: Will retailers foot the bill?

– Gemstone business plans chain of custody.

 

Steinmetz sues PR company over disclosing confidential information.

 

Lazare Kaplan files criminal complaint against Antwerp Diamond Bank.

 

Consumer comfort index reaches five-year high.

 

J.C. Penney moves to improve financial condition.

– Offered second loan.

– Old head of product design comes back.

– Johnson’s people leave.

 

Microsoft also looking at smartwatch.

 

LVMH jewelry, watch sales flat.

 

Prince Diamond is the most expensive diamond ever sold at Christie’s.

– Background on the Princie: an Italian “family feud.”

 

Sotheby’s sells 74 ct. D-color for $14 million.

 

Big blue diamond found in South Africa.

 

Andrea Hansen, Courtney Cohen form new company.

 

Owl financial group appoints new vice president.

 

Antwerp board members resigns after offshore leak report.

 

Fifth diamond mine expected in Canada.

 

Nunavut diamond mine owes money for cleanup.

 

Motley Fool not impressed with Dominion Diamond.

 

Investors Business Daily more impressed with Signet.

 

Diamond industry downsizes in Namibia.

– Namdeb employees receive raise.

 

India wants to become more of a trading center.

 

U.S., South African officials address WDC.

 

Did diamonds begin on the ocean floor?

 

Diamonds could improve the effectiveness of breast cancer treatment.

 

Man said to swallow diamond ring in theft, later “produces” it.

 

Model poses wearing only diamonds in Playboy.

 

“Sophmoric” Kmart ad goes viral.

 

Henry Dunay talks about life at gold conference.

 

Woman finds her stolen Tiffany ring sold on eBay.

 

Jeweler creates world’s most expensive shirt.

 

Media Watch:

– CNBC on diamond investment potential and talks to new synthetic company (that won’t talk to JCK.)  I don’t understand how synthetics are supposed to be “good for the environment.” Do they grow trees?

– Forbes profiles new head of Ritani.

 

From the Blog:

After the Gold Rush.

The Diamond Industry’s Sad Lack of Leadership.

 

Have a great weekend …

– Don’t miss a story or blog! Subscribe to JCK’s daily e-newsletter.

– Email: rbates – at – jckonline.com.

– Twitter feed: robbatesjck

– Connect on Facebook and Linkedin.

– Cutting Remarks RSS feed.

 

JCK News Director