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Jewelry and gold price correlations


#1

Hello Orchid - Has there been a correlation between the rise in gold
price and the rise in other precious metals as well as jewelry stones
in general?


#2

The rise in gold price has definitely caused a decline in demand for
gold jewelry. Right now, all commodities seem to be on the rise,
silver, platinum, palladium. Copper, aluminum and steel are also on
the rise. This is making everything cost more. A lot of the increase
in price is pent up demand, but also increased production costs
through high oil prices. I think a lot of it is also being driven by
people worried about the decline in the value of currency and they
are investing in gold and silver. It will probably all come down
again, just like it always has. But what do I know, I’m just a
jeweler, not an economist.

Kevin
www.potterusa.com


#3

You have to look at the income and wealth level of your clients. I
doubt that the demand for gold jewelry has come down much in Dubai
for example. Know your client base and know who you are trying to
make jewelry for. And yes, that is bad grammer, as Sir Winston used
to say, up with which I will not put. I should have said for whom.


#4

Actually Churchill was objecting to some one correcting one of his
sentences that ended in a preposition. What he said was “This is
arrant pedantry up with which I will not put!”

RC (great reservoir of useless knowledge)


#5

Another quote from his is “A preposition is a word one never ends a
sentence with.” I had this one confirmed for me by none other than
his daughter, whom I met several years ago while on a book promotion
tour to the US. Alas, I can no longer remember WHICH daughter!


#6
Another quote from his is "A preposition is a word one never ends
a sentence with." I had this one confirmed for me by none other
than his daughter, whom I met several years ago while on a book
promotion tour to the US. Alas, I can no longer remember WHICH
daughter! 

Put it this way. Governments gave billions in stimulus money to
bankers who did not buy new construction companies as hoped but
rather bought gold, silver and jade. The value added is increased in
proportion to the craftsmanship of the jewelry expert. Google on
"Future Jade" and you will see why it is jade in which I invested my
stimulus money in (haha).

Now I am looking for a first rate carver who will turn a one kg jade
stone into a stylized Sto:lo (First Nation) Fraser River salmon
sculpting. The Sto:lo ethnogeologist says working in jade-family and
argillite-family stone is a lost art with them. Sto:lo argillite may
have preceded the renowned Haida argillite carvings. So the objective
is to revive a lost industry. We will start with the salmon which is
most associated with Sto:lo Nation by the public (translated as
"River Nation").

A carving expert associated with a carving factory (eg in China)
would be ideal. That person might also visit BC to teach modern stone
carving skills to Sto:lo people.