Back issues of the
AZGem Gems newsletter can be accessed by clicking
To enquire about gems or jewelry...
Usable Gems... and a little opinion.
2008 Tucson Gem Shows
The 2008 Tucson Gem Shows have come to a satisfactory
- but not spectacular, conclusion. So now it is time to evaluate and plan
attendance at future gem and jewelry shows.
The 2008 Tucson Gem Shows were a great success from the
standpoint of gem people getting together to meet fellow dealers, miners,
and buyers from all corners of the world, to see what is new to the market, and
otherwise visit with old friends, make new contacts, and share information.
From my personal observation, attendance was lower this
year, but many of the buyers there were serious about selecting and buying the gems
The 2008 Tucson Gem Shows received an evaluation of "sales
are average" from the exhibitors we talked with.
We saw many outstanding gems for sale. They included a
100+ carat fine blue sapphire, several large fine emeralds, and large Paraiba
Paraiba came into the gem world's lexicon as the location
in Brazil where copper-bearing tourmalines were first discovered. Later, when
new deposits were discovered in Nigeria and then Mozambique, the term became
another way of saying "tourmaline with copper content."
These gems are characterized by small supply, large
demand, and high value.
Now the word has become a color. This year many exhibitors were using Paraiba to describe a
few shades of blue.
I find this strange since Paraiba
tourmalines occur in medium and deep blues... and greens, as well.
(If you would like to own a Paraiba tourmaline, send
me an email. I have several from Brazil and Mozambique on hand
that you can afford.)
We saw Paraiba Apatite, Paraiba Topaz, Paraiba Quartz, and
Paraiba Chalcedony. There were probably other gem species labeled with the
Paraiba name that we did not see.
I expect to see this trend
continue to grow when we attend the Las Vegas Jewelry and Gem
shows in late May through early June.
When we began going to the Tucson
Gem Shows back in the early 1980's, there were only a handful
of show. Now there are more than 40 shows and thousands of
The number of shows and exhibitors
has grown much faster than the number of buyers. There are
shows at hotels, motels, conference and meeting halls, huge
tents, and even vacant lots.
I look for a reduction in shows
and exhibitors in the next few years. Booth cost, travel,
lodging, and food add up to thousands for each exhibitor. Many
tell me they realize only modest profits from their efforts.
Then they explain that the goal
now is to identify new year-around customers and suppliers.
But even those exhibitors who threaten to not exhibit next
year say they will attend to do business outside the shows.
The 2008 Tucson Gem Shows were about average this year.
However, when the major and minor players of the gem and
jewelry industry gather to sell, buy, trade and share
information, average is very good.
Click on the box...
and have Google start putting money in your bank account!
2008 tucson gem shows and paraiba tourmaline
are keyword search phrases that return a number of
internet listings and ads... but none that invite you to Make
Gem Industry News...
Could Hit $1000
Gold’s price could top $1,000 per ounce this year,
according to many gold industry analysts. Meanwhile, as global
demand set records in 2007, the precious metal's current
high-price and volatility poses “challenges” to the jewelry
industry generally, and U.S. jewelry retailers specifically,
says a new World
Gold Council report.
Some financial and gold industry analysts are suggesting
that gold could top $1,000 within months.
Merrill Lynch, one of the world’s leading financial
managers and investment bankers has substantially increased its
gold price forecast. This month, its analysts said they expect
gold to average $925 per ounce this year and reach $1,000 in
2009 (up from former forecasts of $750 and $800,
The Market Scan section of Forbes.com in late January
suggested “an ounce could go as high as $1,250 this year,”
while Ross Norman, director of London-based TheBullionDesk.com,
said gold could pass the $1,000 mark by the end of this
Propelling gold’s rise ($940 in January) are several
factors, say analysts, including record energy costs
(especially oil), ongoing geopolitical tensions, the housing
crunch, the weak U.S. dollar, and a possible recession in the
United States, the world’s economic engine.
These factors have pushed corporate and private investors
into buying gold bullion, traditionally seen as “a safe store
of wealth during times of economic turmoil,” says the WGC’s
2007 Gold Demand Trends report.
that the Tucson Gem Shows and Valentine's Day are history, we can all take a small breather, and then focus on
I say a small breather because there are always customers
looking for birthday and anniversary gifts.
We must also continue servicing our customers, recruiting new customers, and generally growing our respective businesses.
Keep the Make An Offer
program in mind. You can always pick up a few good deals