This week… Gold goes down, but platinum goes down-er! … And, as we enter the new year, we have what’s new at the DDC (new leadership), with lab-grown diamonds (new company), and the Kimberley Process (new mess)… All below …
New company to produce synthetic diamonds.
Gold price sees huge drop.
– But still … more expensive than platinum.
New holiday forecast: 2.5 – 3 percent up.
NGOs boycotting Kimberley Process meeting.
– My thoughts: The final chapter?
Anglo American shareholders want De Beers takeover.
– Production nearly at pre-recession levels.
Edahn Golan: Sightholders “fearful.”
Forevermark expects $300 million in revenue.
– Names new India managing director.
Diamond Dealers Club elects new president. I wish him the best of luck.
Interview with Tom Andruskevich, retiring CEO of Birks and Mayors.
Former Diamond Club West Coast president Ralph Shapiro dies.
Botswana Diamond Manufacturers Association gets executive director.
Christie’s selling some impressive fancy colored diamonds.
Tacori dropping Scott Kay lawsuit.
Spike TV launches “Diamond Divers” show.
Marilyn Monroe’s wedding ring to be auctioned.
Lady Gaga gets diamond tooth implants.
From the Blog:
The Kimberley Process: The Final Chapter?
Interview with Tom Andruskevich, Retiring CEO of Birks & Mayors.
Media Watch:
The Financial Times on Tiffany looking for diamonds.
The Telegraph on China’s obsession with bling.
San Antonio TV station attacks local jeweler’s return policy.
The Wall Street Journal profiles Chow Tai Fook.
CBS Market Watch on diamond price lists and the industry in Israel (video).
Wishing all my readers who celebrate a happy and healthy new year … Feel free to comment on any of the above in the box below, and enjoy your weekend …
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