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In This Episode In this edition of The Jewelry District, you’ll hear JCK editor-in-chief Victoria Gomelsky and news director Rob Batestalk about the trends in 2020 that will continue into 2021. E-commerce? Probably here to stay. They’ll also be covering a Weird Story of the Week.
Show Notes
00:30 Rob and Victoria wish listeners a Happy New Year and pick out what business strategies worked last year that might be here to stay in 2021.03:33 E-commerce looks like it’s here to stay.07:14 Victoria believes jewelry will join watches in the circular economy.13:07 Rob gives us a little insight to the new defense appropriations bill and what it means for the jewelry industry.16:10 Victoria touches on Pantone's Colors of the Year.20:05 This episode’s Weird Story of the Week will make you happy as a clam.
Episode CreditsHosts: Rob Bates and Victoria GomelskyEditor: Olivia BrileyProducer and engineer: Natalie ChometPlugs: jckonline.com, @jckmagazine
Show Recap
What We Accomplished in 2020
Happy New Year! While we're facing plenty of uncertainties going into the new year, Victoria and Rob are hopeful. They acknowledge that we have all learned to embrace e-commerce and digital initiatives, and learned to work on the fly.
Our Digital Future
People think the adoption of e-commerce is here to stay. While we likely won't continue to do everything on Zoom, we will certainly keep some operations online, as we’ve learned to adapt to this new technology. Victoria says the circular economy is on her mind as we go into this new year—especially for gold and watches. She anticipates the circular economy will become more looped into e-commerce initiatives.
The Circular Economy
While watches have already been a part of the circular economy for some time now, Victoria believes jewelry will be added into the mix soon. Victoria tells us about Omnique, a jewelry site specializing in antique and vintage jewels that's already connecting old jewels to new owners. Rob mentions De Beers experimented with a trade-in service, but ultimately decided that the way to get best value for diamonds was to let consumers auction them online.
A Move Toward Greater Transparency
According to the new defense appropriations bill, financial institutions will be required to make their ultimate beneficial owner public. Rob has been listening to podcasts that differentiate the underground or shadow economy from our economy, but he points out that the underground economy is really just a part of our overall economy. Hopefully with this new legislation, there will be more transparency in the jewelry industry.
Pantone Colors of the Year
Victoria talks about the Pantone Colors of the Year: Ultimate Grey and Illuminating. While perhaps not the most obvious colors for the jewelry industry, they are bright and optimistic. Victoria ponders how these colors will be incorporated this year, and she suggests a few stones that may hit the mark. On that note, the JCK editors mourn Tucson not being held in 2021.
Weird Story of the Week
2020 has come to a close. But don't worry, there's still plenty of weird to go around, and Rob supplies it with a new Weird Story of the Week. Gosman's Fish Market in Montauk, N.Y., offers a great cup of chowder, but you won’t believe what came out of a batch of clams. The cooks over in the market found a massive pearl, at 20 millimeters in diameter.
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In episode 3 of Gemology Worldwide, Lauryn and Josh discuss topics related to the diamond industry, including its history, the 4 C’s, and fluorescence. Then they interview diamond industry veteran David Friedman.
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Continuing with our series Gems of the US and up next we have California. A state that encompasses a plethora of gemstones we focus dabble about Spodumene, Tourmaline, and of coarse, it’s state gemstone--Benitoite. It's a big state so it is only fair to recognize these two influential gemstones.
00:00:00 Calimocho/ Kalimotxo
01:58:00 Cookie Monster + Wednesday Addams = Happy Halloween
03:24:00 This week –California
04:41:00 Benitoite
05:16:00 Its discovery
09:10:00 What is it?
12:44:00 Gemstone matrix and removing the crystals
14:40:00 You can visit the site it was discovered at
16:24:00 Cost of benitoite
17:28:00 All other minerals in California
18:10:00 Leading gemstone mined in California
18:47:00 All the Tourmaline colors
18:57:50 Rubellite Tourmaline
19:11:00 The Chinese connection
20:24:00 Spodumene = Kunzite
21:19:00 Highschool drama w/ Kunzite
26:30:00 Color fading
27:24:00 JP Morgan + George Kunz
28:07:00 Other California Gemstones
30:24:00 [SIDE NOTE] What is California’s ranking in the most hated states? -
This episode is what ways fossils and gemstones are made in the natural world.
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In this podcast, we will go over what our podcasts will talk about, and introduce what Stones&Bones is really all about.
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I denne episoden av #pengepodden har Mads fått med seg eiendomsforvalter i FIRST Fondene, Thomas Nielsen, på Skype. Mads og Thomas tar for seg den spesielle situasjonen markedene befinner seg i. Thomas på sin side elsker dette markedet og har benyttet fallet til å laste opp med en del aksjer. Det blir også snakk om Norwegian, utbytte-investeringer, og Thomas sitt eiendomsfond, First Nordisk Eiendom. Tune in!
Denne podcasten skal anses som markedsføringsmateriell, og innholdet må ikke oppfattes som en investeringsanbefaling. Podcasten er kun ment til informasjonsformål og generell spareveiledning. Nordnet tar ikke ansvar for eventuelle tap som måtte oppstå ved bruk av informasjonen i denne podcasten. Les mer på Nordnet.no
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