Diamonds & Engagement Rings News

Day by day, headlines are posted on newspapers describing how bad consumer spending has become in the U.S. The entire year of 2008 is calculated to approximately spend evenly as 2007. the estimated amount on diamonds and jewelry spending is $64-65 billion. Reporters keep getting it all wrong, especially now, when Americans are more cautious about spending on anything at all. An editor of a jewelry share took notice of this and warned his members to “stop listening to the TV and stop reading the newspaper.”

During February, $380 billion was spent on retail sales, which was flat with the past year. If the retail sales for February were an annual Gross Domestic Product (GDP) for the country then American spending would be right above Belgium, and just below the Netherland’s Gross Domestic Product. When including other payments besides for retail sales, such as monthly payments and home mortgages, there is an estimate of $792 billion on spending, which is equivalent to Brazil’s GDP. It is pretty obvious that Americand haven’t stopped spending.

Even with all the spending, it is clear that a typical American is still holding back from spending too much. Due to the booming of the population and America being one of the fastest developing countries it makes it hard for consumers to spend less. As the population continues to grow and develop, products become cheaper such as, microwaves, TVs, clothing and appliances. In an average home there are multiple televisions, more clothing and toys, compared to . All in all we see that during bad times, they were able to keep a good budget because all through good times Americans spent wisely.  ¼/p>

Armed with knives and ski masks on, three men wait on the block by the LBJ Freeway, close to the Dallas North Tollway. Wednesday afternoon, around 3:00 p.m. a broker begins to make his way to his car with $750,000 worth of jewels in his suitcase, when seeing his car blocked by another car and three thieves standing in front of it.

The broker impulsively begins to run in the opposite direction while the thieves chase him. Once they get the suitcase, they slice his tires to be sure the broker doesnt come after them.

Luckily the broker was not injured or hurt.

Police said that close to where the diamonds have been stolen is a huge building filled with diamonds and jewelry brokers.

This incident is very much similar to a diamond theft that happened a month earlier. A Garland jeweler left his car parked outside the diamond building. Loaded in the trunk of the car was $600,000 worth of diamonds and pearls. When the jeweler returned an hour later the car was gone and was found by police the next morning by an apartment close by.

Known to be the sexiest woman of 2006, Scarlet Johansson has officially gotten engaged to the very well known attractive, Ryan Reynolds. While walking down the carpet, it seems like Johansson cannot be any happier, with the bright smile she’s had on all night, at the Costume Institute Gala. Johansson even does a favor for the paparazzi and flashes her new ring to the camera. 

But, how much more different can Scarlett’s stone be from any other celebrity’s engagement ring from the past, such as Mariah Carey or, Ashley Simpson?

Reynolds past fiancé received a 3.75-carat stone, although it is too soon to tell how many carats Scarlett has been given. Compared to the other celebrities, Scarlett’s stone appears to be very small.¼/p>

Finejewelrynews.com is a website that was launched recently for women who would like to share their interest in jewelry, as well as give and receive advice about it.

The website has a link called, “Fine Jewelry Connection,” which offers members to share ideas and advice, tell stories, or ask questions. “A View from You,” is another link that allows women to cast votes and find out similarities they have with other jewelry lovers.

Fine Jewelry News is very helpful to women with such interest in jewelry but, is also very much beneficial to the jewelry industry. The jewelry industry can get a good idea about what women think of jewelry and what’s important to them through Fine Jewelry News. With new ideas of jewelry designs on the website, the jewelry industry will be able to better serve their customers.

    Though diamonds last forever, what’s a girl to do with them after a breakup or divorce, when it becomes worthless in her eyes?

Just because breakups and divorce rates get higher does not mean the hurt lessens.

After much research, there was a result of no such website that provides in selling eternity bands, engagement rings, and other valuable jewelry from divorced or broken up relationships.

About a few months ago a website was created primarily for that cause. Marie Perry, a writer and actress, and her daughter-in-law, Meghan Perry, formed Exboyfriendjewelry.com.  The website was designed for selling jewelry that lost emotional spark. The site also has a page for women who would like to tell there own story behind the piece of jewelry.

In the past three months many blogs have been written. Launched with the slogan, “Don’t want it. He cant have it back,” and 3,000 registered users, it has been a very successful website.

Many of the stories are not so extreme. Although there are women who are said to come from abusive relationships that have affected them but, are now moving on.

This past April, another website has gone public by two New Orleans students. The website, Ex-cessories.com and its motto, “Don’t Get Mad-Break Even,” offers independent appraisals of jewelry, matches buyers with seller, and provides a shared network.

One of the women on this site comments on her posted diamond ring saying, “Beautiful ring came with the wrong man. Decided to sell to regain the money that I spent finishing payments on the ring that my ex didn’t.”

Rumor has it that Nick Canon has proposed to Mariah Carey, whom he dated for no more than a few months now. Mariah Carey is thrilled with her engagement ring, proudly boasting it, until finding out that she has been given the same ring nick gave to his ex-fiance, Victoria’s Secret model, Selita Ebanks.

Mariah Carey is well known for being a born-diva, expecting only the best, and nothing less. Unless the ring came from a family heirloom, it is very offending to give a woman the same ring given to an ex-fianc, especially a music idol that has a status to maintain.

Will Mimi actually accept the marriage proposal after all?

Paris Hilton is wearing yet another engagement ring after being with Benji Madden for just a matter of weeks. What gets people even more shocked is Paris being introduced as a sister-in-law by Benji’s brother, Joel.

To add to the rumors of their wedding, Benji has a blinging diamond ring with Paris Hilton’s initials. Many people were wondering what happened with their invitations to the wedding.

People keep putting aside this so-called stunt but Benji is said to be really serious about the whole thing and goes as far as discussing marriage plans with his brother, Joel.

A conversation between Benji and Joel had come up making things unclear about whether all this is serious. Joel is uneasy about the friendship of Paris and his girlfriend, also the mother of his child, Nicole Richie. Their relationship has been said to be very shaky and unstable for a while.

The media and band mates of Benji have had enough of Paris always being with him and are certain that Paris is just rebound of his ex whom he was engaged to right before he met Paris. Finding it hard to believe that Benji really loves Paris, his friends all think he is crazy.

Now, the only thing that people are waiting to see is whether Benji will beat his brother to the finish line and get married before Joel. Although, Joel and his wife spoke of legally getting married once their daughter was born.

             “An economic forecast is only good if everything stays the same.” 

            The economy’s impact on jewelry can be studied once there is a clear picture of the overall economy. After much analyzing of the present economy, we find a drop in March, of 64.5 points in the Consumer Confidence Index. It has been the lowest figure in 26 years.

Gas prices keep increasing and are now heading to $4 a gallon. As the U.S. dollar stays weak and oil prices and the threat of inflation continue to increase, gold continues to increase as well. During March, gold reaches an amount of $1,038 per ounce, attaining a record but then falls below $1,000, which offers no prediction. There are those economists who say there is supposed to be a decline and others who feel they are in one already. The rate of April’s unemployed people is supposed to be higher than March. Consumers have started cutting down on spending, now giving recovery a greater chance.           

  This downfall of the economy is obviously affecting the jewelry industry as well, raising the amount of gold, diamonds and silver. Therefore, customers are forced to cut back on luxuries, while companies try to be kept from closing down.        

    Even when such extreme downfalls occur, jewelers just find it an “annoying part of the scene- been there done that.” Some jewelers, who tried and succeeded in taking the safer approach, cut down on payrolls, while others were forced to close down their companies all together due to bankruptcy.     

        During today’s society the Web has becomes a vital part of any marketing mix. The Internet has developed into the very source to almost anything that is done around the world. Whether it is, buying, selling, trading, communicating, browsing or anything else.

This is where we come in! Diamonds on Fifth makes it easier by having access to gold, diamonds, silver, engagement rings, loose diamonds, and more over the Internet. By having a website automatically, our company gets less affected by the outrageous downfall allowing our customers to continue shopping at the same steady costs.    

The most exclusive diamond jewelry brand known around dressed Ivana Trump.

Through out her wedding weekend Ivana dazzled 71.76 carat diamond necklaus and that was just the begging.

All weekend long she was dressed from head to toe in the most amazing diamonds anyone has ever seen.

If you wish to see pictures of Ivanas wedding and these unbelievable diamonds wist www.gettyimages.com.

Yes the rumors are true Ashlee Simpson is truly engaged to Pete Wentz.

Ashlee announced on Pete’s web sight that even though the matter is truly private she wanted fans to here it from her her self.

The huge diamond ring on Ashlee’s finger which was given to her over Christmas is indeed an engagement ring. The couple plan to tie the not latter this year.