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Diamond News Archives

Nomi Prins: You Have to Own Hard Assets like Silver and Gold

Category: News Archives
Created: 07 May 2018
Hits: 1926

Please join Greg Hunter as he goes One-on-One with two-time, best-selling author Nomi Prins, who just released “Collusion: How Central Bankers Rigged The World.”[1]

How does the common man protect himself?  Prins says, “They have to own things, and by that I mean real assets, hard assets like silver and gold.  That’s not as liquid, so taking cash out of banks and sort of keeping it in real things and keeping it on site . . . keeping cash physically.  You need to extract it from the system because the reality is when a financial crisis happens, banks close their doors to depositors. . . . Also, basically try to decrease your debt.”...

References

  1. ^ “Collusion: How Central Bankers Rigged The World.” (www.nomiprins.com)

Read more from our friends at Gold & Silver

More Than 2,400 Visitors On First Day of CARAT+

Category: News Archives
Created: 07 May 2018
Hits: 2127
May 07, 18 by Albert Robinson image (IDEX Online) – More than 2,400 industry professionals attended the first day of CARAT+ on Sunday, far surpassing expectations, according to the organizers. The highlight of the opening day on Sunday was model and actress Elizabeth Hurley and a surprise collection of vintage cars. 
 
Hurley, who wore Cascade collection jewels by CARAT+ exhibitor Roberto Coin, formally opened the show by cutting a ceremonial ribbon. She was then led on a guided tour of the show floor, visiting leading exhibitors and discovering some of the most exceptional diamonds, fancy color diamonds and colored gemstones on display. 
 
During a brief press conference, Hurley shared how her career as an actress and model has presented unique opportunities to wear exceptional high jewelry. She also highlighted a fascination, nurtured over her years in showbusiness, with vintage and one-of-a-kind diamond pieces. 
 
Hurley was also joined by Easyfairs CEO and Founder, Eric Everard, to reveal a very special show surprise – a procession of vintage and classic cars driven through the CARAT+ show floor. This unique sight – believed to be a trade show first for the sector. 
 
CARAT+ Event Director Filip Van Laere said: “The second edition of CARAT+ has so far been a phenomenal success and I look forward to seeing how the rest of our show progresses. I would like to thank the wonderful Elizabeth Hurley, all our exhibitors, visitors, special guests and team members who made CARAT+ Night the talk of Antwerp and the entire diamond sector.”
 
The inaugural day of CARAT+ 2018 saw a keynote speech from Holition CEO Jonathan Chippindale, followed by the results of a three-day Hack4Diamonds event, hosted by CARAT+...

Read more from our friends at IDEX

Billionaires Take Significant Positions in Gold as Uncertainty Grows

Category: News Archives
Created: 07 May 2018
Hits: 1971

Billionaires are making moves to shore up their fortunes against a coming collapse in risk asset price.

Naguib Swiris and Jacob Rothschild know that they can’t predict when the great shift from recklessly printed fiat currency to a permanent store of value is going to come. But they understand that our current path is unsustainable and that the only way to be correctly positioned is to buy gold before a significant panic.

Economic uncertainty usually ensures an increase in the price of gold. While Wall Street has been enjoying a good ride, not everyone is expecting the stock market to continue its current upswing. Billionaire Naguib Sawiris, Egypt’s second richest man, has announced that he will be placing half of his net worth, which is a considerable $5.7 billion, into gold.

With the dominance of gold during chaotic economic times, it seems easy to delegate gold to the realm of economics. Until one recalls that Lenin, Mussolini, and Hitler made ownership of gold illegal upon their seizure of power. The power of gold is that it bestows liberty and freedom on those who own it. Which makes gold the primary nemesis of any aspiring dictator.

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Jacob Rothschild, head of the banking family, indicated in 2016 that he is moving from the U.S. dollar[1], the current global reserve currency, into gold and non-U.S. currencies. The Rothschild family is wealthy enough to buy a few small nations for the sport of it. So, it’s well worth noting when they lose faith in the U.S. dollar.

When we look around us, we see currency being devalued at a rapid rate through active and deliberate government policies, especially the policies of central banks. This is nothing less than theft. Look at once-prosperous Venezuela,...

Read more from our friends at Gold & Silver

DMCC’s Dubai Diamond Exchange Announces New Board Of Directors

Category: News Archives
Created: 07 May 2018
Hits: 2353
May 07, 18 by Albert Robinson
image

(IDEX Online) – Dubai Diamond Exchange (DDE), a DMCC platform, and the only bourse in the Middle East affiliated with the World Federation of Diamond Bourses (WFDB), has elected its new Board of Directors with Dubai Diamond Exchange Chairman, Ahmed Bin Sulayem, at the helm.
 
“The Dubai Diamond Exchange has rapidly grown to a focal point for the global diamond trade with over 1,000 members a
nd monthly tenders further connecting producers and buyers fuelling further growth,” said Bin Sulayem. “We welcome the newly elect Board of Directors to the DDE who will bring in fresh views and expertise to further boost our key strategic goals, particularly around rough and polished diamond tenders, to elevate our diamond marketplace for the benefit of Dubai and the industry worldwide.”
 
The newly elected DDE Board of Directors is as follows:
 
Chairman: Ahmed Bin Sulayem
 
Directors:
• Amit Dhamani, CEO and Managing Director, Dhamani Jewels
• Davy Blommaert, Unit Head Precious Metals & Diamonds, National Bank of Fujairah
• Gautam Sashittal, CEO, DMCC
• Maryam Al Hashemi, Director of the UAE Kimberley Process Office·        
• Mike Aggett, General Manager, TAGS                                               
• Rihen Mehta, Chairman, 7 Cs Group                                      
• Sanjeev Dutta, Executive Director – Commodities, DMCC
 
“The Dubai Diamond Exchange sits at the heart of the region’s diamond trade and offers a significant contribution to the United Arab Emirate’s national economic diversification strategy,” said Gautam Sashittal, Chief Executive Officer, DMCC. “There are many factors driving the success of the Exchange but none more so than its ability to listen to the needs of the market and adapt accordingly. The announcement today is testament to that, and the DDE Board of Directors is all set to drive
...

Read more from our friends at IDEX

Israel Diamond Institute Appoints Aviel Elia as New Managing Director

Category: News Archives
Created: 07 May 2018
Hits: 1990
May 07, 18 by Albert Robinson
image

(IDEX Online) – The Board of Directors of the Israel Diamond Institute (IDI) has appointed Adv. Aviel Elia as its new Managing Director. He replaces Eli Avidar, who joined IDI in 2007 and successfully served in this position, with a brief hiatus, until now. 

Elia, an attorney, has served as Legal Adviser and Company Secretary of IDI since 2013. As a key member of IDI’s management team, Elia has been involved in developing company strategy and negotiating all critical company transactions.

He has been responsible for many aspects of corporate and operational management, including budgets, regulatory processes and implementation, and has represented the institute in dealings with government and official bodies. 

IDI Chairman Boaz Moldawsky said, “I am very pleased that Aviel Elia has agreed to assume the position of IDI Managing Director. He is very well versed in IDI’s mission and activities. He has shown leadership, initiative and commitment. We are all very pleased that he will now be leading the organization.”

Elia said, “I am very excited to assume my new role with IDI and to lead its talented and devoted staff. I was fortunate to have worked under Eli Avidar and I learned a great deal from him. IDI is in a unique position to work together with all parts of the industry to strengthen the Israeli diamond sector, by initiating new projects and by providing important assistance and tools to diamantaires, as we have in the past.”

Aviel Elia holds a BA in Business Administration and LLB from the Interdisciplinary Center Herzliya, and is studying towards an Executive MBA at Hebrew University. A security expert, he held a number of managerial...

Read more from our friends at IDEX

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  3. Diamond museum opens in Belgium
  4. Gold Traders' Report - May 4, 2018

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