{"id":484,"date":"2009-05-27T08:12:09","date_gmt":"2009-05-27T06:12:09","guid":{"rendered":"http:\/\/tsiblog.potlikker.com\/blog\/?p=484"},"modified":"2009-10-22T03:24:47","modified_gmt":"2009-10-22T01:24:47","slug":"diamonds-arent-forever","status":"publish","type":"post","link":"http:\/\/www.tsirigosorbit.com\/blog\/?p=484","title":{"rendered":"Diamonds Aren&#039;t Forever"},"content":{"rendered":"<p><img loading=\"lazy\" width=\"150\" height=\"150\" class=\"alignleft size-thumbnail wp-image-495\" title=\"img_1509\" src=\"http:\/\/tsirigosorbit.com\/blog\/wp-content\/uploads\/2009\/05\/img_15091-150x150.jpg\" alt=\"img_1509\" \/>One needed to look no further than the <a href=\"http:\/\/www.charmevent.it\/nqcontent.cfm?a_id=1174\">Vicenzaoro<\/a> international jewelry show to see the world economic crisis is truly profound.\u00c2\u00a0\u00c2\u00a0 Held in Vicenza, Italy the show brings 1,400 exhibitors from around the globe to show off their amazing and quite expensive designs to jewelry buyers.<\/p>\n<p>I attended the event on its last day.\u00c2\u00a0\u00c2\u00a0 Needless to say I was impressed by the sheer size of the exhibition hall, the elaborate display booths of each of the producers and of course the brilliance of the\u00c2\u00a0 gems.\u00c2\u00a0 I have never seen so much gold and diamonds in one place and at one time!<\/p>\n<p>A recent<a href=\"http:\/\/online.wsj.com\/article\/SB124223735808916011.html#mod=djemalertNEWS\"> Wall Street Journal article<\/a> polled 52 economists and 73% of that group did not see recovery for another 3-6 years.\u00c2\u00a0 New York Times columnist Keith Bradsher <a href=\"http:\/\/www.sott.net\/articles\/show\/184159-Ships-Tread-Water-Waiting-for-Cargo\">wrote a story about how cargo ships<\/a> are stacking up in massive numbers off Singapore.<\/p>\n<p>I can report that the Vicenza show was missing one major element&#8230;buyers.\u00c2\u00a0 The corridors of the Fiera di Vicenza were almost vacant.\u00c2\u00a0 Exhibitors were either milling about or vacantly staring off into space .\u00c2\u00a0 One Italian vendor told me this was the worst show that he had seen in 25 years.<\/p>\n<p>If the elite from around the globe aren&#8217;t buying diamonds, what can this mean to the rest of us?\u00c2\u00a0 How long do you think it will take for economic recovery to arrive?<\/p>\n<p><a href=\"http:\/\/www.charmevent.it\/nqcontent.cfm?a_id=1174\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One needed to look no further than the Vicenzaoro international jewelry show to see the world economic crisis is truly profound.\u00c2\u00a0\u00c2\u00a0 Held in Vicenza, Italy the show brings 1,400 exhibitors from around the globe to show off their amazing and quite expensive designs to jewelry buyers. I attended the event on its last day.\u00c2\u00a0\u00c2\u00a0 Needless [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,5],"tags":[12,23,389,31,37,46,53,57,70,78,85,91,92,94,97,105,128,129,140,144,176,178,182],"_links":{"self":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/484"}],"collection":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=484"}],"version-history":[{"count":1,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/484\/revisions"}],"predecessor-version":[{"id":1080,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/484\/revisions\/1080"}],"wp:attachment":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=484"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}