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Posts Tagged ‘Jewelry’

Precious Gems 365

Friday, April 1st, 2011

Welcome to the Precious Gems 365 blog! Read up here on gemstone bracelets, gemstone necklaces, gemstone jewelry, gemstone rings, gemstone beads, gemstone earrings, loose gemstones, beaded gemstone jewelry, gemstone pendants, custom gemstone beaded jewelry, fine gemstone jewelry, gemstone names, gemstone cabochons, gemstone meanings, gemstone engagement rings, gemstone mines, jade gemstone, aquamarine gemstones, gemstone identification, precious gemstones, handmade gemstone jewelry and more!

Thank you for stopping by Precious Gems 365! There is so much beautiful gemstone jewelry out there, but sometimes it can be hard to find online. They have almost every time of gemstone you could think of including Amethyst, Emerald, Opal, Quartz, Tanzanite, Topaz, Sphene, Aquamarine, and much more.

Definitely check out this website and see what they have to offer. You will be making lots of beautiful jewelry in no time. Enjoy!

Diamond Laundry

Wednesday, March 30th, 2011

Gothamist friend and occasional Opinionist Andrew Bast has recently pulled off a nice relaunch of his site, The New York Inquirer (“We don’t break the news; we put it back together”) and in the process put back together some interesting stuff worth checking out.

This week, for instance, has focused pretty much exclusively on the diamond trade including a five-part series on the darker side of 47th Street, one of the many hearts of the diamond trade.

Diamond trading is an old and well-oiled machine which has had its fingers in nasty situations for quite some time (DeBeers, anyone?). The Government Accountability Office described the problem with those shiny rocks best when it reported while writing about terrorist financing that “Diamonds can be used in lieu of currency in arms deals, money laundering and other crimes. Diamonds are also easily smuggled because they have high value and low weight and are untraceable and odorless.” You’d think that would have made a the trade more closely watched by authorities, but that doesn’t seem to be the case.

According to one 47th Street store owner who wouldn’t speak on the record as he said this was a subject for which he could be “crucified,” fencing is a “big time” problem. He said that people are working with the authorities to combat illegal operations in the Diamond District, but asked, “Where’s the FBI?” and said that they needed major sting operations to weed out the handful of bad businessmen who are ruining it for the rest of the industry.

Beyond just preaching of the inherent dangers of the diamond and jewelry industries, the Inquirer also digs up some informative stories on how exactly diamond and gold can launder money, how fences on 47th Street do their business and more. We’ll never look at that thoroughfare the same way again.