Gassman’s Insiders View: If Wholesale Diamond Prices Are Down, Retail Prices Should Fall, Right?

I can always tell it is a slow news day for the mass media when a reporter calls with an off-the-wall question about the diamond and jewelry industry. It is often a young writer who has dug up some obscure fact – usually out of context – and is trying to come up with a news story that will beat the competition.

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20 thoughts on “Gassman’s Insiders View: If Wholesale Diamond Prices Are Down, Retail Prices Should Fall, Right?

  1. TOKYO (Reuters) – Gold slipped on Thursday after reaching a three-week high above $1,140 per ounce the previous day, weighed down by investors’ caution ahead of U.S. non-farm payrolls data for December due later this week. Economic indicators suggest the

  2. The National Democratic Congress (NDC) in the Ashanti Region, has rallied to the defense of the Regional Minister, Mr Kofi Opoku-Manu, who has come under sharp public criticisms for allegedly inciting lawlessness. They said: ‘It is not his nature to

  3. Top stories for China’s power and coal industries on January 7 as follows: 1. The National Energy Administration is likely to launch the bidding for the second batch of PV power stations soon. These PV power stations will be located in desert zones with

  4. by This email address is being protected from spam bots, you need Javascript enabled to view it on Thursday, 07 January 2010 The secretary general of oil cartel OPEC has warned that the Middle East faces “enough problems” without the threat of a US

  5. by This email address is being protected from spam bots, you need Javascript enabled to view it on Thursday, 07 January 2010 The secretary general of oil cartel OPEC has warned that the Middle East faces “enough problems” without the threat of a US

  6. by This email address is being protected from spam bots, you need Javascript enabled to view it on Thursday, 07 January 2010 The secretary general of oil cartel OPEC has warned that the Middle East faces “enough problems” without the threat of a US

  7. trapped in mine after : State media – - – The Times of ns Abroad Rest of Mad, Mad You are here: The Times of Web (by Google) Video Breaking News: 27 trapped in mine after : State mediaAFP 5 January 2010, 07:49pm IST Text Size: Topics: BEIJING:

  8. 5:49 pm EST NEW YORK — Shares of some top coal companies were up at the close of trading:Arch Coal rose $1.56 or 6.4 percent, to $26.12. Consol Energy rose $1.81 or 3.3 percent, to $56.34. Massey Energy rose $2.01 or

  9. An aerial view of traditional Mongolian tents, or ghers, to house workers at Mongolia’s Oyu Tolgoi copper and gold deposit being developed by Rio Tinto and Ivanhoe Mines.

  10. An aerial view of traditional Mongolian tents, or ghers, to house workers at Mongolia’s Oyu Tolgoi copper and gold deposit being developed by Rio Tinto and Ivanhoe Mines.

  11. An aerial view of traditional Mongolian tents, or ghers, to house workers at Mongolia’s Oyu Tolgoi copper and gold deposit being developed by Rio Tinto and Ivanhoe Mines.

  12. INMET MINING CORPORATION Inmet Mining Announces the Appointment of David Beatty as Chairman of the Board and of Jochen Tilk as Director TORONTO, Jan. 4 /CNW/ – Inmet Mining Corporation today announced the appointment of Mr. David Beatty as Chairman of

  13. (Beijing Time) China Daily Coal stocks decrease sharply as electricity demand skyrockets A cold wave sweeping across large swathes of the country since Saturday has forced some provinces to ration electricity for industrial use, but State power company

  14. VDM subsidiary Wylie & Skene has won a $14.1 million contract earthworks and concrete laying at BHP Billiton’s talc redesign project at Mt Keith. VDM said its order book now stood at more than $415 million. Wylie & Skene will be responsible for the

  15. The Australian stock market was flat mid-morning, with gains among energy and resources companies offset by weakness in financial stocks.At 9am, the benchmark S&P/ASX 200 was down 0.6 point, or 0.01 per cent, at 4920.8 points, while the broader All

  16. She said: “Interestingly this year’s ‘gold rush’ is tipped to continue with over a quarter of managers predicting that gold will be the top performing asset.”

  17. The US markets ended flat for the second straight session despite plenty economic data. The market is waiting for government’s jobs report on Friday. By Varinder Bansal, Research Analyst at CNBC-TV18 The US markets ended flat for the second straight

  18. Alcan Cable on Tuesday informed state officials about a new round of layoffs at its Roseburg plant, giving it a total of 64 job cuts since mid-April. The Roseburg plant makes a variety of aluminum cable and building wire products. In a letter to the

  19. Posted on January 7th, 2010 2009 was the safest year ever for American miners, according to official figures released this week by the US Mine Safety and Health Administration (MSHA). Both coal mines and metal/non-metal mines recorded the fewest

  20. Two environmental groups are going to court to try to force the Alaska Railroad and an energy company to clean up the coal dust problem dirtying a scenic tourist town.