Diamond Shavings: Your Friday Web Roundup, Week of Oct. 23

This week: What it’s like to try on Elizabeth Taylor’s engagement ring. A new jewelry bait-and-switch scam. New issues at Argyle. All below.

 

GIA invalidates more than 1,000 reports because of hacking.

 

Five Israeli diamantaires reportedly indicted in “underground bank” case.

 

Rumors of De Beers special deals roil diamond market.

– De Beers third quarter production drops.

– Argyle mine a “marginal business.”

– Thoughts on the industry’s future from Mark Boston, Vallabhbhai Patel, and Reena Ahluwalia.

– My thoughts on how to fix the diamond selling system.

 

Specialty jewelers’ sales flat in August.

 

Signet now buying from Alrosa.

 

75.56 ct. fancy vivid yellow sells for $3.6 million.

 

Don’t get used to high gold prices, says Goldman Sachs.

– Analysts still bearish.

 

Caryl Capeci becomes president of Hearts On Fire.

 

Sally Morrison joins Diamond Producers Association.

– Is another LoveGold in the offing?

 

Praveenshankar Pandya named chair of GJEPC.

 

Gem-A appoints interim CEO.

 

Alrosa exec to take over World Diamond Council.

 

Ryan Bonifacino to leave Alex and Ani.

 

New York jeweler pleads guilty to laundering gang money.

 

NBA player John Henson accuses Wisconsin jewelry store of racial profiling.

 

Taliban reportedly involved gold, lapis trade, U.N. says.

 

EPA caused gold mine spill, investigation finds.

 

Rory More O’Ferrall touts the Diamond Development Initiative.

 

Ohio jewelers want the Marketplace Fairness Act.

 

Can bitcoin software solve blood diamonds issue?

 

Amazon search rules don’t infringe on watchmaker trademark, court rules.

 

Worthy raises $8 million in Series B financing.

 

Allurez makes fastest-growing companies list.

 

Jewelry Television hiring 200 people for holiday season.

 

Start-up lets you 3-D print your own jewelry.

 

Smart jewelry alerts people when you’re under attack.

 

Apple debuts new watch ads.

– Analyst estimates of sales run gamut.

 

How Fossil’s new smartwatch can succeed.

 

Swatch CEO says sales will equal last year’s.

 

Why isn’t there an Italian LVMH?

 

Alex and Ani app good for zodiac fans.

 

Wal-Mart at a crossroads.

 

Danielle Max ponders marketing to women.

 

Jewelers for Children announces 2015 Local Grant winners.

– Will honor Stuart Lee, Dennis Ulrich.

 

Nearly $50,000 in diamonds missing after jeweler’s wife dies.

 

Female armed robber strikes again.

 

Better Business Bureau warns of jewelry bait-and-switch scam.

 

Kate Middleton wears royal tiara.

 

Stewardess recalls trying on Elizabeth Taylor’s diamond ring.

 

Brooklyn It Girl says wear your jewelry at once.

 

Media Watch:

The BBC on synthetic diamonds.

Jewish Link writer: “What my engagement ring taught me.”

Bloomberg on the industry’s slump.

The Guardian calls diamonds a “much depreciated” item.

 

From the Blog:

The Diamond Selling System Is Broken. Can It Be Fixed?

Rumors of De Beers Special Deals Roil Diamond Market

 

Have a great weekend!

 

– Email: rbates – at – jckonline.com.

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JCK News Director