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Diamond News Archives

Why Your Social Security Could Be Cut Next Year

Category: News Archives
Created: 27 May 2020
Hits: 481
Diamond Buyers Club
It’s possible that there won’t be much of a cost of living adjustment—if any—for 2021.
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Read more from our friends at Gold & Silver

Pandora Uses Restaurant App as Stores Re-open

Category: News Archives
Created: 27 May 2020
Hits: 565
May 27, 20 by John Jeffay
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(IDEX Online) - Pandora has re-opened two-thirds of its 375 North American outlets, using the Waitlist Me app to tell customers when they can enter.

The Danish jewelry retail giant will allow no more than five customers in a store at any one time.

The app, developed initially for restaurants to tell diners when their table is free, is being used to alert customers when there's a sales associate available to help them, without them having to wait in line outside.

Sid Keswani, Pandora Jewelry's North American president, told the New York Post[1] they wanted to make customers' experience as safe and effective as possible.

"We are learning what to do if we had to manage crowds three to four times the size we are getting now," he said.

 

 

 

 

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References

  1. ^New York Post (nypost.com)

Read more from our friends at IDEX

Coronavirus Pushes Global Credit Rating Downgrade Threat to Record High

Category: News Archives
Created: 27 May 2020
Hits: 528
Diamond Buyers Club
The number of companies or countries at risk of having their credit ratings cut has been pushed to an all-time high by the coronavirus pandemic, S&P Global analysis shows.
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Read more from our friends at Gold & Silver

Zimbabwe Output Hit by Power Outages

Category: News Archives
Created: 27 May 2020
Hits: 666
May 27, 20 by
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(IDEX Online) - Zimbabwe's Murowa Diamonds has blamed erratic power supplies for a fall in output.

Owners RioZim said the supply deficit remains a key risk across the group's operations despite a slight improvement in the first quarter of this year.

Figures for 2019 show production down seven per cent on the previous year from 740,244 carats to 685,000 carats.

The company has invested in generators for its gold mines at Dalny and Renco.

Rio Tinto sold its majority stake in the Murowa mine (pictured), 450km  from the country's capital Harare, in 2015.  The mine went online in 2004.

 

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Read more from our friends at IDEX

Thanks to Central Banks, the Market Is On Fire... But Inflation Comes Next

Category: News Archives
Created: 26 May 2020
Hits: 549
Diamond Buyers Club
This is why silver, gold and other inflation hedges are rapidly outperforming stocks. They KNOW big inflation is coming.
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Read more from our friends at Gold & Silver

  1. Here’s the Real Reason Gold Has Been Rising: Bloomberg
  2. Australian Perth Mint Silver & Gold Bullion Sales Surge In April
  3. Rescue Package for Troubled Dominion Diamond Mines
  4. Will You Be Able To Get Cash From Banks In A Crisis? Mike Maloney

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