I plan on being there as usual!
I am looking forward to the show since I don’t get too many chances
to show in person all the different things I have been working on
during the year.
We are cautiously optimistic about the show, our orders are up of
late and we hear anecdotal evidence of different jewelers doing good
I think lots of people have been doing extra creative stuff to try
to deal with the economic hardships so we will probably see more
cool stuff than ever in Tucson with slightly softer prices than a
couple of years ago. We are pricing some goods at lower levels than
before and running our first sale just to jump start business.
I don’t think this will last though if the economy continues its
recovery, the upward pressure on prices from the mines is too great
not to cause prices to rise if the market recovers. Once dealers are
forced to repurchase material and the rough market recovers I would
bet on higher prices on most gem materials, a return to the
situation we were seeing before the current economic troubles. There
are more people buying gems (especially in countries that did not in
the past, China is a BIG market and Brazil is using far more of its
own material than in the past) and less material being produced. The
result will be higher prices in any sort of normal market
Hope to see you all in Tucson!