Diamond News Archives

(IDEX Online ) - The biggest polished diamond ever mined in North America has been bought by Diacore.

The Dancing Sun, a 204.36-carat fancy intense yellow VVS2-clarity diamond, was sold at Christie's New York for $4,950,000.

 

Nir Livnat, executive chairman of Diacore, described the purchase as a "pricey feat". The high estimate was $5.5m.

The company buys, sells and manufactures  high-end gems, including the 203.04-carat De Beers Millennium Star and the 59.60-carat flawless Pink Star.

The Dancing Sun was cut from a 552.74-carat rough unearthed at Rio Tinto's Diavik mine in Canada.

The rough stone was largest gem-quality diamond ever discovered in North America and the polished gem is also the continent's biggest ever.

Pic courtesy Christie's...

(IDEX Online) - Diana Ross's daughter, a 17-year-old ski champion and the star of The Queen's Gambit are Tiffany & Co's new global house ambassadors.

Tracee Ellis Ross, 48, is an American actress, singer, television host, producer and director, and daughter of the Motown icon Diana Ross.  She is best known on screen for Girlfriends and Black-ish.

Eileen (Ailing) Gu, 17, is the gold medal-winning US-born freestyle skier who has been competing in the halfpipe, slopestyle and big air events for the Chinese national team since 2019.

And Anya Taylor-Joy, 25, is the Argentine-British actress and model who won a best actress Golden Globe for her starring role in the Netflix miniseries The Queen's Gambit. 

All three were photographed by Mario Sorrenti - best known for his nude photography in Vogue and Harper's Bazaar -  in New York city and make their debut in the Give Me the T campaign that launched last week.

Taylor-Joy and Gu will also star in the Knot Your Typical City campaign for a new jewelry collection to be released in North America this fall, and globally in 2022.

Pic courtesy Tiffany & Co shows (from left) Ross, Taylor-Joy and Gu...

How can a government, that's $28 trillion in debt, spend trillions of dollars that it does not have? Well, one major way is the Federal Reserve creates money-out-of-thin-air and then 'loans' it to the government by buying the government's bonds. Naturally, when the Fed counterfeits new dollars to do this, the value of the dollars (that Americans work so hard for) drops. Prices rise, and the standard of living of Americans falls. Does this sound like a good deal to you?

Minneapolis Fed President Neel Kashkari has weighed in with where he stands on the dot plot, telling Reuters that he opposes rate hikes through 2023.