Monday, April 29, 2013

CrownRing: Fit for a king and his queen.

The special moments in life that take your breath away are few and far between. That's why longtime friends Thierry Bellisha and Haimy Mann set out to celebrate these milestones by founding CrownRing in 1999: a collection of spectacular bridal jewelry that bring happily ever after to life. But what's in the name? The founders believe that when a couple gets married they are king and queen of their world, able to reign over their new life. Hence, the crown.

CrownRing designs several matrimonial jewelry collections offering both men and women wedding bands, engagement rings, anniversary bands, diamond rings and more options to honor the couple in love. This jewelry manufacturer is presently offering eight collections, each unique in design and style. From the "Bonbon Collection" that's made up of women's colorful wedding bands stackable for a personalized look to the "Alternative Metal Collection" that's made up of scratch-resistant men's wedding bands in metals such as tungsten, black ceramic and black cobalt.

Speaking of cobalt, CrownRing is the first and only wedding band manufacturer in the world to offer diamond-like carbon coating (DLC). The cobalt finish provides an incredible resilience to scratching and wearing, so this quality jewelry doesn't break, shatter or chip. The color doesn't fade either, making it possible for CrownRing to offer a lifetime guarantee with cobalt rings.

The innovation behind this jewelry maker doesn't end there. In 2002, CrownRing was one of the first companies in Canada to manufacture a collection of wedding bands in titanium, making it possible to offer a less expensive and lighter alternative to gold and platinum jewelry. CrownRing is also behind the popular "Carlex" brand. Launched in 2008, this men's wedding bands line has garnered much attention on a national and international level. Today "Carlex" sells in more than 100 retailers both in Canada and the U.S. In fact, The Platinum Guild International USA announced one of Carlex's men's wedding rings as a top favorite by retailers and editors, winning in the "Platinum Wedding Band" category at the JCK 2011 Platinum Innovation Awards.

Besides the precious metals that are CrownRing's core business, technology is at the forefront of this jewelry-making operation. In 2004, the founders bought the first piece of robotized equipment that allows them to use latest software to cut and polish jewelry. This allows them to be more efficient, precise and to customize orders within 24 hours. Today, they have more than five machines helping them keep up with growing demand in North America, Mexico and France.

For unmatched craftsmanship, design and comfort, CrownRing is today's jewelry of choice. From white and yellow gold to black and white cobalt, to diamonds and alternative metals, CrownRing's collections of jewelry has something for everyone to celebrate their special day.
To become a CROWNRING authorized retailer please call 1-866-214-RING or email us at 
 
 





DRAKE www.ToddDrakeDiamonds.com www.DiamondsbyDrake.com~2146813712

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CrownRing: Fit for a king and his queen.

The special moments in life that take your breath away are few and far between. That's why longtime friends Thierry Bellisha and Haimy Mann set out to celebrate these milestones by founding CrownRing in 1999: a collection of spectacular bridal jewelry that bring happily ever after to life. But what's in the name? The founders believe that when a couple gets married they are king and queen of their world, able to reign over their new life. Hence, the crown.

CrownRing designs several matrimonial jewelry collections offering both men and women wedding bands, engagement rings, anniversary bands, diamond rings and more options to honor the couple in love. This jewelry manufacturer is presently offering eight collections, each unique in design and style. From the "Bonbon Collection" that's made up of women's colorful wedding bands stackable for a personalized look to the "Alternative Metal Collection" that's made up of scratch-resistant men's wedding bands in metals such as tungsten, black ceramic and black cobalt.

Speaking of cobalt, CrownRing is the first and only wedding band manufacturer in the world to offer diamond-like carbon coating (DLC). The cobalt finish provides an incredible resilience to scratching and wearing, so this quality jewelry doesn't break, shatter or chip. The color doesn't fade either, making it possible for CrownRing to offer a lifetime guarantee with cobalt rings.

The innovation behind this jewelry maker doesn't end there. In 2002, CrownRing was one of the first companies in Canada to manufacture a collection of wedding bands in titanium, making it possible to offer a less expensive and lighter alternative to gold and platinum jewelry. CrownRing is also behind the popular "Carlex" brand. Launched in 2008, this men's wedding bands line has garnered much attention on a national and international level. Today "Carlex" sells in more than 100 retailers both in Canada and the U.S. In fact, The Platinum Guild International USA announced one of Carlex's men's wedding rings as a top favorite by retailers and editors, winning in the "Platinum Wedding Band" category at the JCK 2011 Platinum Innovation Awards.

Besides the precious metals that are CrownRing's core business, technology is at the forefront of this jewelry-making operation. In 2004, the founders bought the first piece of robotized equipment that allows them to use latest software to cut and polish jewelry. This allows them to be more efficient, precise and to customize orders within 24 hours. Today, they have more than five machines helping them keep up with growing demand in North America, Mexico and France.

For unmatched craftsmanship, design and comfort, CrownRing is today's jewelry of choice. From white and yellow gold to black and white cobalt, to diamonds and alternative metals, CrownRing's collections of jewelry has something for everyone to celebrate their special day.
To become a CROWNRING authorized retailer please call 1-866-214-RING or email us at info@crownring.com
 
 

Todd Drake Diamonds L.L.C. 

www.ToddDrakeDiamonds.com

www.DiamondsbyDrake.com

2146813712 Td@ToddDrakeDiamonds @DiamondProf @ToddDrakeDiamon

@toddbanditdrake

www.linkedin.com ~ ktdrake88@gmail.com

Call me I will broker for you 2146813712

Td@ToddDrakeDiamonds.com

 

China Goes Gold Crazy. Why Now?

A picture shows 1-kilogram gold bars at the ma...
 (Image credit: AFP/Getty Images via @daylife)
Spurred by a sudden drop in prices, Asians in the last two weeks have gone on a gold-buying binge.  The Indians, the world’s largest net importers of the yellow metal, have been snapping it up of course, and so have the Japanese, now concerned about a falling yen and rising inflation.  Hong Kong residents descended on the stores, but none have been so enthusiastic in stocking up on the commodity as Chinese from the Mainland. 
Mainland Chinese purchasers have been ferocious.  First, they emptied stores in their own country.  Caibai, Beijing’s largest gold merchant, had a queue 30 feet out the door on the morning of the 19th.  “So many people in line,” remarked a customer in Nanjing, where one person splashed out 2.9 million yuan on ten gold bars each weighing a kilogram.  Retailers ran out of stock in Guangzhou.  The China Gold Association reported that on the 15th and 16th retail sales of gold tripled across China.  Daily sales soared to five times the usual level at one retail chain.


Volume on the Shanghai Gold Exchange, considered a proxy for the metal’s demand in China, surged, setting consecutive records of 30.4 metric tons on the 19th and 43.3 tons on the 22nd.  The previous record was 22.0 tons on February 18 of this year.
As Chinese emptied the shelves in their own country, they also went south and swarmed shops in Hong Kong, sometimes in groups.  Chow Tai Fook, the world’s largest jeweler by market capitalization, said some stores popular with Mainland Chinese ran out of gold bars and that demand had not been as strong since the late 1980s.
Demand for “9999” bullion—99.99% pure gold—was five times normal according to Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society.  His organization effectively ran out of holdings as members tried to meet supply shortfalls.  “In terms of volume, I haven’t seen this gold rush for over 20 years,” Cheung told the Financial Times.  “Older members who have been in the business for 50 years haven’t seen such a thing.”
What’s behind the unprecedented surge in buying?  Obviously, the Chinese took advantage of a dip in prices—the deepest since 1983—but they kept on buying as the commodity clawed back some of its losses.  
Unlike the Japanese, they cannot be worried about a plunging currency.  Nor can the Chinese be troubled by climbing prices.  For one thing, the consumer price index has been signaling lower Chinese inflation in the months ahead.  In March, the CPI increased just 2.1% from a year earlier, compared to a 3.2% rise in February.  Of special importance were food prices, up 2.7% last month versus a 6.0% spurt the month before.  In Q1, prices increased just 2.4%, about the same rate as the previous quarter. 
Although Beijing’s CPI undoubtedly understates inflation, it nonetheless shows a general weakening of price pressure, something mirrored in the continually falling producer price index.  Because China is still a manufacturing-based economy, the fall in the PPI means the country is actually suffering deflation.  Producer prices fell 1.6% in both January and February and 1.9% in March.
A tumbling PPI is due in part to weakening commodity prices, but global prices are falling largely because of the stumbling Chinese economy.  And that brings us full circle because gold prices plunged on the 15th in part because China’s National Bureau of Statistics had reported that Q1 GDP growth came in at 7.7%, well below consensus estimates of 8.0%.  
Moreover, the global sell-down on the 15th—stocks took a beating too—would have been worse had analysts focused on Chinese electricity statistics, manufacturing indexes, and corporate results, all pointing to an economy growing not at 7.7% but in the low single digits. 
It’s probably not a coincidence that the Chinese were the biggest buyers of gold in the last two weeks and, aside from North Korea, China has the most fragile economy in East Asia at the moment.  The concern about the economy is evident throughout Chinese society. 
Especially at the top.  On Thursday, Chinese state media reported that the Politburo Standing Committee convened a special meeting to consider the economy.  Normally, the body takes up economic matters only at fixed times, the beginning, the middle, and the end of a year.  The last time it met to discuss the economy in an April was in 2004.
No wonder the Chinese are now stockpiling shiny yellow ingots, coins, and bracelets.
Follow me on Twitter @GordonGChang


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