News Archives

: Category: News Archives; Created: 27 April 2021; Hits: 458

U.S. companies face soaring bills for all kinds of materials that they need to do business -- and surging demand is helping them pass on those higher costs to their customers.In early-season earnings calls, executives from burrito chain Chipotle Mexican Grill Inc. to appliance giant Whirlpool Corp. and diaper maker Procter & Gamble Co....

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: Category: News Archives; Created: 27 April 2021; Hits: 575

April 27, 21 by John Jeffay

(IDEX Online) - An unrivalled collection of 19 pieces by the German jewelers Hemmerle fetched $1.4m, almost double the pre-sale estimate, at Sotheby's New York.

The single most expensive lot was a pair of copper and diamond ear studs (see pic), featuring two old European-cut diamonds of 8.81carats and 8.80 carats. They sold for $201,600, surpassing their $100,000 to $150,000 estimate.

The pieces - comprising the largest single-owner collection of Hemmerle - belonged to the late philanthropist, art patron and passionate collector Michelle Smith, daughter of the American builder-developer and philanthropist Robert H Smith.

Hemmerle, founded in 1893 in Munich by brothers Joseph and Anton Hemmerle, has a reputation for setting gems in unorthodox materials, such as wood, iron or aluminum and for its imaginative combinations of colors, textures, and stones.

The auction, A Vision: Property from the Collection of Michelle Smith, had been expected to fetch $823,000....

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: Category: News Archives; Created: 26 April 2021; Hits: 543

Three reasons why silver is heading for a new all-time high.

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: Category: News Archives; Created: 26 April 2021; Hits: 443

When it comes to the Fed’s Wednesday FOMC statement, economists agree that this meeting should largely serve as a status check of the economic recovery relative to the substantial forecast upgrades that the FOMC unveiled at their March meeting, but things will then heat up in the summer and certainly the fall, when Powell may have no choice...

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: Category: News Archives; Created: 26 April 2021; Hits: 499

Federal taxes, spending and the federal deficit all set records in in the first six months of fiscal 2021 (October through March), according to the Monthly Treasury Statement.

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Diamond News Archives

U.S. Companies Bump Up Prices on Supply Squeeze, Demand Boom

Hemmerle 19-Piece Collection Fetches $1.4m

Silver - Looks Better At Over $25 In 2021 Than It Did At $5 In 1995

When Will The Fed Begin Tapering: Here's What 10 Wall Street Strategists Think

Federal Taxes, Spending and Deficit All Set Records in First Half of FY2021