Reports from Tuscon Show?

Gene
www.precisiongem.com

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Don't Worry, Be Happy!

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"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

Bump !

Full report from the GIA Website.....part of text below

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February 10, 2006

Industry Analysis: Tucson Report – Rising Prices, Flat Sales

Despite soaring prices for many types of gemstones, business at the various Tucson trade shows was spotty, with some exhibitors reporting gains while others saw declines.

Coming off a generally lackluster holiday season, exhibitors at the American Gem Trade Association (AGTA), Gem & Jewelry Exchange (GJX), Worldwide Gem & Jewelry, and Gem and Lapidary Dealers Association (GLDA) shows reported that business, after a strong start, was generally slower than last year. Part of the problem may have been that prices for many of the most popular gemstones were 20–40% higher than at last year’s shows. Dealers cited increased global competition for goods, declines in the U.S. dollar, and more aggressive pricing by miners and source-country dealers as the reasons.

Top sellers were better-quality, unheated blue and pink sapphires, emeralds, and – new this year – opaque/semi-opaque stones, particularly opals and cat’s-eye/star cabochons.....

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See link above for full content and text.

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"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."