Diamond News Archives
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Gemfields has once again partnered with the Gübelin Gem Lab to embed nanoparticles proving origin into all emeralds for sale at the upcoming auction in Lusaka, Zambia from 15-18 May 2018, to drive greater levels of transparency in the coloured gemstone sector.
Why is this important for coloured gemstones customers?
– Brands and their customers are becoming increasingly aware of the need to know the origins of their products, including the raw materials.
– This includes, but is not limited to, where the raw materials come from, how they are processed and manufactured into the final product – brands want to reduce the human and environmental impacts in their supply chains and want certainty over the origins, or provenance of their goods.
– The coloured gemstone sector has no system, globally at scale, that allows gemstones to be confidently traced from mine to market because the sector is ancient, largely artisanal and gemstone trading is still often very secretive. There is a lot of ‘mixing’ of stones from different sources during the production processes. Gemfields aims to bring greater transparency to the sector and is actively seeking solutions.
– Unlike other bulk commodities such as gold, or Fairtrade bananas or responsible palm oil, there aren’t yet the systems for checking where gemstones have come from, and whilst organisations such as the Responsible Jewellery Council are moving in the right direction, the whole industry is looking for a solution to help.
– Gübelin Gem Lab’s solution is set to change that because it allows a brand or consumer to physically check the origins of a gemstone by using a synthetic DNA ‘nanotechnology’.
– The technology is owned by the Gübelin Gem Lab and is part of a service they have termed ‘Provenance...
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The World Gold Council has published an extensive forecast for the next 30 years in the gold market which can be found in .pdf form here[1]. Some highlights:
- The expanding middle class in China and India, combined with broader economic growth, will have a significant impact on gold demand.
- Use of gold across energy, healthcare and technology is changing rapidly. Gold’s position as a material of choice is expected to continue and evolve over the coming decades.
- Mobile apps for gold investment, which allow individuals to buy, sell, invest and gift gold will develop rapidly in India and China.
- Environmental, social and governance issues will play an increasing role in re-shaping mining production methods.
- The gold mining industry will have to grapple with the challenge of producing similar levels of gold over the next 30 years to match the volume it has historically delivered.
ORIGINAL SOURCE: Gold 2048[2] at World Gold Council[3] on 5/17/18...
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It’s starting to feel a whole lot like 2008 again. Everyone looking sidelong at each other as the market refuses to correct despite a steady stream of negative underlying data.
“Everything is still okay, right? Everything’s just going to keep going up because it just keeps going up, right?” Nobody wanted to miss out, so investors stayed in far too long, willfully ignoring eye-popping valuation metrics. The writing’s on the wall again. Plan accordingly.
Even by the deeply flawed and misleading Consumer Price Index (CPI), inflation is at the U.S. Federal Reserve’s target. By other measures that more accurately portray inflation, it is well above target.
The Fed will not be deterred from continuing to tighten, continuing to remove money from the system, just because of the silliness that “CPI missed expectations.”
It’s still at least 2%… and it’s heating up.
Furthermore, we know beyond a shadow of a doubt that, as the Fed raises the federal funds rate target, it will only stimulate more inflation. The Fed will always be behind the curve, because the Fed is always back there pushing the curve ahead.
Every time it raises the federal funds target rate, the Fed signals to the decision makers in the U.S. economy that it expects more inflation, and consumers and businesses behave accordingly.
And the fact is that we really have more – much more – inflation than they’re telling us.
ORIGINAL SOURCE: The Fed’s Been Lying to Us About Inflation; It’s Frighteningly High[1] by Lee Adler at Wall Street Examiner[2] on 5/18/18...
References
- ^ The Fed’s Been Lying to Us About Inflation; It’s Frighteningly High (wallstreetexaminer.com)
- ^
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Please join Dr. Ron Paul and Chris Rossini as they discuss that every bubble goes through different phases before it finally bursts.
They all end in a euphoric crack-up boom. In less than a year, the U.S. government has been clocking in debt at an average of $52,000 per SECOND, which more than what the average American earns in an entire YEAR! Is the U.S. government bubble finally reaching the end?...
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Alas, not even a trio of (rented) Lamborghinis[1], a 1,000-person yacht party and a performance[2] by 46-year-old rapper Snoop Dogg could prevent the value of virtual currencies tracked by Coinmarketcap.com from sinking by $45 billion since May 11. Bitcoin, the most popular of the bunch, dropped 3.7 percent this week to $8,117.43 even as Arthur Hayes -- the crypto exchange executive whose firm rented the Lamborghinis -- predicted[3] a surge to $50,000 by year-end....
References
- ^ Lamborghinis (www.bloomberg.com)
- ^ performance (www.bloomberg.com)
- ^ predicted (www.youtube.com)