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What's new
We would
like to thank everyone visited us at the JCK Show in Las Vegas.
Even though the attendance for the show was much lower than last year,
but we were busy at the booth. Many jewelers as well as suppliers
complained about the same thing which was the fear of
losing market share to the e-tailers like Blue Nile and
Diamonds.com, but also everyone agreed that with the new GemFind.com,
we all had a chance to capture market share as well as ability to
compete which would be impossible for individual companies to do. Join
GemFind and let's make the force stronger.
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Martin Rapaport On The Future of Diamonds
By Deidre Woollard
Jun 04, 2008
 On
Monday, Rapaport spoke to the packed room at the JCK jewelry show in
Las Vegas delivering his pronouncements on the diamond market at an
annual breakfast event. Right now, the diamond industry is facing
similar challenges seen by the rest of the luxury market. Rapaport
feels that the current economic climate offers both opportunity and
pitfalls for those in the diamond business. >>>
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GemFind.com
...Is Launched
The network that
lets consumer search for diamonds online and then see it in person at a
Local Jewelry Store
Join GemFind today before your competitor does
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A worthy tribute
$10.3
million raised at Auction Napa Valley
By L. PIERCE CARSON June 09, 2008
 Big
bottles of cult status wine, no-stone-left-unturned trips all over the
world, lavish wine parties, automobiles filled with collectible wine
and old-fashioned star power combined Saturday night to push Auction
Napa Valley 2008 proceeds past the $10 million mark.>>>
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IDEX Online Research: Polished Diamond Prices Surge 12.3%
in May
By Ken
GassmanLeah Granof Geffen 06/04/08
Diamond prices
surged again in May, breaking records set in prior months. On a
year-over-year basis, diamond prices were up a dramatic 12.3 percent,
according to the IDEX Online Polished Diamond Price Index. Even on a
month-over-month basis - May 2008 versus April 2008 - diamond prices
rose significantly. >>>
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Fashion fantasy still a star in 'Sex and the
City' movie
By Eric Wilson
Published: June 9, 2008
 Ten
years of watching "Sex and the City," including the sanitized
reruns, has trained a generation of label- and love-addled romantics
not to raise an eyebrow, presuming Botox has not yet made that
impossible, when Carrie Bradshaw dons a black Burberry coat and a
trilby to go shopping, film-noir-style, at Duane Reade. >>>
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Steven Zale Live Interview on Nationally Syndicated Fox
Business Network
CNNMoney.com June
05, 2008
Steven Zale, a world class jewelry designer whose company holds the
license for the new Badgley Mischka Bridal Collection of jewelry, was
interviewed live on the "Living Large" segment of Fox
Business Network (FBN) on Wednesday, June 4th, 2008. The show aired at
11 am EDT. To view the interview in its entirety, please visit ...>>>
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What does a US recession imply for the gold price?
By
RhonaO'Connell, 04 Jun 2008
 Natalie
Dempster, the Investment Research Manager at the Council, has produced
a paper that studies the performance of gold in recessionary conditions
and one of the primary conclusions is that regression and correlation
analysis suggest that there is no relationship between changes in US
GDP growth and changes in the gold price. A US recession, therefore,
would not have negative implications for the gold price. >>>
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Six cases full of gold dust found in safe deposits
By Martin
Smith, June 08, 2008
Detectives have found six suitcases packed with gold
dust worth £8million and more than £30 million in cash during raids on
three safe deposit centres in some of London's most affluent
neighbourhoods.
Last night Scotland Yard said the recovery of such an astonishing haul
was being seen as a major victory in the war against global organised
crime. >>>
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The Daily Diamond Dish
By Leah Granof
Geffen June 03, 2008
There is a
Chinese proverb that states a starving camel is better than a fat
horse. In this case the American market is the thinning camel and the
rapidly growing markets in Dubai, China and India are the plump horse.
In line with this Chinese philosophy, manufacturers at the JCK show
revealed they have no intent on giving up on the camel. Manufactures,
big and small explained why they believe continued investment in the
American market is necessary. >>>
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GemFind is now partnering with
First National
Merchant Solutions to provide an ideal merchant
processing program designed to save you money.
If we can't save you
money, we'll pay you $100.
Call (ph.) 800-516-6242 and tell them you are calling
about
GemFind's $100 Meet or Beat Guarantee and ask for
Jim Kilcoyne at Ext. 4957.
* Offer
is subject to change at any time.
For more
info, please click here
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MARKETING
Statement-making jewels rule Vegas shows
By By Catherine
Dayrit June 02, 2008
 Big
and bold continue to be major jewelry trends, but designers at the JCK
and Couture shows in Las Vegas last week have updated those themes with
subtle design variations.
Cocktail rings continue their reign in the spotlight, but the freshest
pieces are all-metal incarnations or mostly metal pieces that forgo one
large stone in favor of a few small diamonds or gemstones scattered
here and there. >>>
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JA roundtable discusses corporate compliance
National Jeweler
junio 04, 2008
Industry leaders participating in a roundtable
discussion hosted by Jewelers of America at the JCK jewelry show in Las
Vegas on May 31, discussed how the needs of socially conscious
consumers are affecting their supply-chain relationships. >>>
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Rap takes heat over price list increases
National Jeweler June 03,
2008
New York-At the
end of a presentation on the state of the diamond market, held on May
29 during the jewelry shows in Las Vegas, Rapaport Group Chairman
Martin Rapaport ended up on the hot seat over a 25 percent increase in
stone prices on his price list. >>>
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JVC's New Compliance Kit
Jewelry News
June 03, 2008
The Jewelers
Vigilance Committee (JVC) is the latest industry organization to go
"green," releasing an eco-friendly Green USA Patriot Act
Compliance Kit, or Green Pack. Jewelers can use the Green Pack to
develop and maintain effective anti-money-laundering (AML) programs
that comply with the requirements of the Financial Crimes Enforcement
Network and the Internal Revenue Service.>>>
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Rare diamond prices soar as dollar weakens
KBy David Brough Reuters June 9, 2008
Polished diamond
prices are likely to be volatile this year due to a squeeze on the
American middle class, but demand for larger, rare diamonds is booming
as the number of multimillionaires rises, a top diamond
broker says. >>>
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