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Monday, November 12, 2007

Meshulam Zehava Diamonds
International Diamond and Jewellery Trade & Projects
Israel Diamond Exchange, (Shimshon Bldg. Suites 1818-1820)
3rd. Zabotinsky St. Ramat-Gan 52520, Israel
Tel: 972-3-5750385 Fax: 972-3-5750335 Mobile: 972-54-3972494
Shay Meshulam (972)54-3972495
meshulm@bezeqint.net



Dear Friends,

"Although the trend in consumer spending clearly has slowed relativeto 2006, it is encouraging that in the face of increased headwinds,such as higher energy prices and increased worry about the housingmarkets, that consumers continue to spend modestly. October salesgrowth was 1.6 percent, the lowest monthly figure since 1995. We areforecasting a 2.5 percent year-over-year sales increase for November. "---Michael Niemira, chief economist and director of research International Council of Shopping Centers


Sincerely,

Shay Meshulam

Ohad (Audi) Tsanaani
U.S. Sales&Marketing




Diamond Newsletter (Nov.12th.07)
Diamond Market Report

Plunging dollar with surging gold and oil prices will drive prices higher for large stones and may hurt holiday sales of inexpensive jewelry.
Stage is being set for high inflation and volatile markets.
Holiday trading activity exceeding expectations.
U.S. market improving even as credit concerns persist.
India closed for Diwali holiday.
Israel market narrowing for better big stones in strong demand with +10 carat selling for 50% premium.
Russia's Gokhran sells 24,383cts of rough for $70.8 million in auction of large +10 carat goods.
Blue Nile 3Q07 sales +26% to $67 mil. and profits +63% to $3 mil.
Israel’s October polished exports -1% to $605.54 mil. and rough imports -19% to $439.93 mil.
Zale 1Q08 sales -1% to $378 mil., same-store sales flat. Signet 3Q07 sales +10% to $697 mil. and same store sales +3.2%.
Kimberley Process accepts Congo as participant.
RAPAPORT Information that means Business

Diamond & Jewelry News Links

U.S. Polished Diamond Imports by Country, July 2007

Majority of U.S. Consumers Plan to Spend More this Holiday Season

Consumer Confidence Sours But Discretionary Cash Sets New Record!

Israel Looks to Capitalize On African Beneficiation

Israel Rough Diamond Imports and Exports, September 2007

Miami Antique Jewelry Show Reported Strong High-end Sales

ICSC: Consumer Spending During Holidays to Hold Steady

Gold's Historic High in Reach

Diamond Engagement Ring Calculator from GroomGroove.com

Huge diamond fetches over 12 million


Diamonds & Jewelry Security Links

Jewelers Security Alliance

Holiday Season Return Fraud on the Rise, says NRF










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