Diamond News Archives

(IDEX Online) - How do you make a $2 million diamond "disappear"? For artist Diemut Strebe, in collaboration with MIT scientist Brian Wardle, the answer is a patented nanotube technology (CNT).

Mixing science and art, a 16.78-carat natural yellow diamond from L.J.West was coated using a new procedure of generating carbon nanotubes (CNTs), which was recently measured to be the blackest black ever created. The coating, which absorbs more than 99.96 percent of light, made it appear as if the SI1, radiant shape diamond had completely vanished.

"Any object covered with this CNT material loses all its plasticity and appears entirely flat, abbreviated/reduced to a black silhouette. In outright contradiction to this we see that a diamond, while made of the very same element (carbon) performs the most intense reflection of light on earth. Because of the extremely high light absorptive qualities of the CNTs, any object, in this case a large diamond coated with CNT's, becomes a kind of black hole absent of shadows," explained Strebe.

Strebe's art-science collaboration explores material and immaterial value attached to objects and concepts in reference to luxury, society and to art.

"We are presenting the literal devaluation of a diamond, which is highly symbolic and of high economic value," said Strebe, who presented The Redemption of Vanity at the New York Stock Exchange....

«People are willing to buy anything with growth and anything with a dividend just out of desperation»: Fred Hickey

Fred Hickey, editor of the investment newsletter «The High-Tech Strategist», sees greater excesses in financial markets than during the dotcom bubble. The veteran investor tells where he spots the weakest points in the IT sector and why he’s convinced that precious metals are the place to be.

Deutsche Version^[1]

Wall Street darlings like Apple, Google and Amazon have dominated this bull market. But today, the so-called FAANG stocks have lost some of their attraction and are lagging the overall market since last year.

Few investors know the tech sector as intimate as Fred Hickey. That’s why his monthly newsletter is a must read for money managers around the world. «The High-Tech Strategist» is a unique treasure of deep insights which go way beyond the tech sector. Having grown up in Lowell, Massachusetts, in the heartland of the computing cluster around Route 128, Hickey has been fascinated by technology since his youth. After graduating from the University of Notre Dame, he started working for the former telecom giant General Telephone & Electronics. In 1987, he began writing his newsletter for his friends and family. After five years it went so well that he could make a living out of his investing tips. Today, Fred Hickey lives far away from Wall Street's daily noise in Costa Rica and in Nashua, New Hampshire.

«Without participation from the FAANGs it will be difficult for the stock market to rip to new highs», says Fred Hickey. According to the renowned contrarian investor, each of the...

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References

1. ^{^} Skip to main content (www.zerohedge.com)

SAN FRANCISCO (Reuters) - Trade policy uncertainty driven by the Trump administration’s escalating dispute with China means hundreds of billions of dollars in lost U.S. output and as much as $850 billion lost globally through early next year, research published this week by the Federal Reserve suggests.

The Fed researchers analyzed newspaper articles and corporate earnings calls to estimate trade policy uncertainty, finding it has recently “shot up to levels not seen since the 1970s.”

Other economists, notably Stanford University professor Nicholas Bloom and his colleagues, have documented a similar rise in uncertainty. (For a graphic, please see here^[1] )

The Fed researchers then estimated the blow such uncertainty delivers to economic activity, as businesses pull back on investment and production. They concluded that globally and in the United States, its impact is around 1% to GDP.

With U.S. GDP estimated at about $20 trillion, and world GDP at about $85 trillion, a 1% impact would put the drag from trade uncertainty at about $200 billion to U.S. GDP, and $850 billion to global GDP, according to Reuters calculations.

The estimates, the researchers said, are uncertain.

But they are notable in that they are among the first to quantify the large impact of President Donald Trump’s approach to trade deals, which he says put the U.S. economy at a global disadvantage.

In an effort to win better trade terms, the Trump administration has jacked up tariffs on hundreds of billions of dollars of Chinese imports and imposed or threatened to impose duties on imports from other trading partners, including Mexico and the European Union. China and other countries in turn have threatened or imposed their own tariffs on U.S. goods. ...