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Diamond News Archives

Financial Conditions Are Now 'Easier' Than Before The Fed Started Hiking: "Silliness Is Back"

Category: News Archives
Created: 04 August 2022
Hits: 1139
Diamond Buyers Club
Despite an unprecedentedly fast rate-hiking cycle, and FedSpeak dedicated to a hawkish bias, the market's belief in its own self-deception that we are past 'peak inflation' and/or that a 'Fed Pivot' is imminent has - somewhat incredulously - pushed US financial conditions back to their 'easiest' levels since before The Fed started hiking rates in March...
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Read more from our friends at Gold & Silver

Elvis's 'Lost' Jewelry Gifts to be Sold

Category: News Archives
Created: 04 August 2022
Hits: 1126
August 04, 22 by John Jeffay
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(IDEX Online) - Dozens of jewelry items and watches that Elvis Presley and other gave to his manager, Colonel Tom Parker, are being sold.

The online auction, by Kruse GWS Auctions, in Los Angeles, runs until 27 August.

Parker represented Elvis from 1956 until the singer's death in 1977 - and received more than half his income.

The collection was considered "lost" for decades, but was assembled for sale by Brigitte Kruse, founder of the auction house.

Among the highlights is a 14-karat yellow gold Vacheron Constantin watch given to Parker by Julian and Jean Aberbach, founders of the Hill and Range music publishing house. 

A collection of more than 40 pieces represent "monumental moments" in Elvis's career, the auction house says.

The Lost Jewelry Collection of Elvis Presley and Colonel Tom Parker includes an additional 25 pieces that Elvis owned and/or gifted, plus 120 non-jewelry items that he once owned.

Pic shows an 18-karat gold and diamond musical note/record ring with a "blue stone". Minimum bid $15,000....

Read more from our friends at IDEX

US 30Y Mortgage Rates On Rise Again, Bankrate 30Y Rate UP 92% Under Biden/Powell

Category: News Archives
Created: 04 August 2022
Hits: 1092
Diamond Buyers Club
Bankrate’s 30-year mortgage rate index rose to 5.57% after rising above 6% in June 2022. Mortgage rates are up 92% under the team of Biden and Fed Chair Powell as The Fed tries to extinguish the inflation fire cause by 1) excessive Fed stimulus, 2) Biden’s anti-fossil fuel policies and 3) Biden/Congress’ reckless spending.
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Read more from our friends at Gold & Silver

A Sideways Market For Several Years? | Hedge Fund Expert Thomas Thornton

Category: News Archives
Created: 03 August 2022
Hits: 1118
Diamond Buyers Club
Hedge fund expert Thomas Thornton returns in Part 2 of our interview with him to explain why the markets could well move sideways in a limited trading range for the next few years.
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Read more from our friends at Gold & Silver

"I Don't Feel The Pain Of Inflation Anymore" Says Wealthy SF Fed Chair From Ivory Tower

Category: News Archives
Created: 03 August 2022
Hits: 1091
Diamond Buyers Club
San Francisco Fed President Mary Daly, who makes $422,900 per year - and scrambled out of dozens of investments last year shortly before the Fed finalized strict new limits on policymakers' portfolios - just had her 'Nancy Pelosi Ice Cream" moment, dropping a sidewalk-spattering turd from her ivory tower on the average struggling American.
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Read more from our friends at Gold & Silver

  1. Central Bankers Sound More And More Like Ron Burgundy
  2. Tiffany & Co Launches $50,000 CryptoPunk NFTs
  3. Hedge Fund Expert Warns: This Is A 'Very Hard Market' With "Few Places To Hide' | Thomas Thornton
  4. Gold Hits Near One-Month High on Dollar Weakness

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