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Showing posts from August, 2014

Diamonds: A brilliant future

I am finally able to return to this blog, and write again.  Normally, summer is slow-paced and a good time to think about what I've heard over the spring.  This summer was different.  Some brief time off (though we are off again tomorrow for two weeks of travel), but also a convergence of personal and business matters. I mention all this because now, as I sit back for a spell and think about the leading issue that has bubbled up again and again over the past months, even in the midst of all the diversions of my own activity, it is the chatter about diamonds.  Colored stones are steadily selling, maybe even going up a bit.  Gold prices have pretty much stalled, which is a good thing, as it allows everyone down to the consumer to acclimate to its present level. But it is diamonds that are a boil.  Retailers are not moving diamonds in volumes that would be indicated by an apparently improving economy.  Retailers are generally reporting very sluggish business.  Blue Nile seems to