The Year of Omnishambles
November 21, 13 by Edahn GolanThe Oxford Dictionaries UK Word of the Year 2012 was ‘omnishambles.’ The word describes “a situation that has been comprehensively mismanaged, and is characterized by a string of blunders and miscalculations.” What word would lexicographers of the diamond industry select for 2013? Read More...
Confusing Economic Figures Add Muddle to Holiday Outlook
November 14, 13 by Edahn GolanIn recent months, we have discussed in this column the retail scenarios, including expectations for future sales. Our outlook has been generally cautious, offering data that indicates rising jewelry sales, while pointing out that diamond jewelry sales are losing market share, for example. Read More...
Taking Proactive Action Pays – in the DRC and in the Diamond Industry
November 06, 13 by Edahn GolanCongratulations are due to the UN following the announcement by the M23 rebel force in the Democratic Republic of Congo that it is disarming, thus ending a long-lasting insurgency in the country. Read More...
Setting the Stage for Lab-Made Diamonds’ Legitimate Rise
October 31, 13 by Edahn GolanA few years ago, during a trade show, I bumped into a diamond trader I know who presented me with his new business card. On one side of it, the card had the expected contact details of his new diamond venture, but the other side held a surprise... Read More...
Every Week Undisclosed Synthetics are Detected, and the Consequences are Nearing
October 24, 13 by Edahn GolanAfter months of pointing out what is wrong and needs changing in the diamond industry, discussing problems and spreading gloom, it is time to take a positive approach and make constructive suggestions, a roadmap to a healthier sector, if you will. Read More...
Investors: High-End Diamonds Are A Go
October 17, 13 by Edahn GolanThe solid prices achieved at Christie’s auction on Wednesday are proof that investment in high-end diamonds is going strong – exceptional diamonds become available at a slow pace, sellers find buyers and buyers are paying top dollar for these rare and beautiful diamonds. Read More...
The Aroma of Fat Arabica Margins
October 10, 13 by Edahn GolanThe sweet smell of coffee’s success is a learning opportunity for diamonds. In Israel, a cup of cappuccino costs 10-15 shekels ($2.80-$4.20) depending on the café and its location... Read More...
Going Public, Standing Strong, Heading Down
October 03, 13 by Edahn Golan’1. Is Alrosa worth $9 billion? After years of preparation, on Wednesday morning Alrosa announced a free float of up to 16% of its shares. Read More...
Weather Forecast: Rain with Chances of Sun
September 25, 13 by Edahn GolanThe current low polished diamond prices, a result of low demand among other reasons, is cause for concern for many in the market. Read More...
Farewell Comfort, Hello Opportunity
September 18, 13 by Edahn GolanIn less than two weeks, De Beers will hold its very last Sight in London. Starting in November, the Sightholders who received their Sight in London will be traveling to Gaborone in Botswana instead. Sadly, instead of being a reason for joy over renewal, development and change, most, if not all, are commenting on what is wrong and difficult about it. Read More...
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