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Showing posts from February, 2021

Three time zones at a single glance!

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Franck Muller decided to address this Conundrum by creating the Master Banker   It wasn’t too long ago when bankers all over the world faced a common problem: How do you sync your trades with all the major markets across Asia, Europe and the US? Inspired by the frustrations of a banker client, Franck Muller decided to address this conundrum by creating the Master Banker, a watch that allows you to set and view three time zones at a single glance. This year, Franck Muller builds on the Master Banker’s legacy with the new Cintrée Curvex Master Banker Asia Exclusive—a regional exclusive showcasing the signature three-time zone complication housed within Franck Muller’s iconic case.  With a new profile, this timepiece sets forward Franck Muller’s technical ingenuity once more.   The Cintrée Curvex Master Banker Asia Exclusive’s technical sophistication is matched by its elegance. A horological tool for on-the-go bankers and the discerning jet set, the watch flaunts a be...

U-Boat launches pro-diver watch

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The Sommerso Bronze with a ceramic bezel   The Sommerso pro-diver watch, born from Italo Fontana's passion for scuba diving, in its most acclaimed version in bronze that recalls ancient marine exploration equipment, is now launched in a new model with a ceramic bezel.     This material, widely used in the aerospace industry, boasts a very high heat resistance and keeps the bezel color intense, and unaltered over time, even after long exposure to ultraviolet rays.  The watch features on the left side the iconic U-Boat crown with its patented protection device as well as a plaque engraved with the serial number while the antiqued bronze back-case has been subjected to a special anti-corrosion treatment and it is screwed down.   A sapphire crystal with anti-reflective treatment protects the black dial of the watch with luminous beige hands and markers plus an additional 24-hour counter and date window placed at 9 o'clock.   The watch boasts a S...

50 Years of Swiss Women's Suffrage!

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She commemorates Swiss coin for   The introduction of voting rights for women!   On April 29, 2021, the Federal Mint Swiss mint is launching a new gold coin. With the special coin she commemorates the introduction of voting rights for women at the federal level in Switzerland 50 years ago. The efforts of Swiss women for equal political rights go back to the 19th century. After a long struggle, women's suffrage in Switzerland (voting and electoral rights) was finally introduced by a federal vote on February 7, 1971 and formally became effective on March 16, 1971.   50 years ago, for example, voters clearly accepted federal voting and election rights for women with 66% YES votes. In the following elections to the National Council in October 1971, eleven women were elected. In the later years, the proportion of women in the National Council rose steadily - currently it is 42%.   February 7, 2021 marked the fiftieth anniversary of the introduction of voting r...

Pandora with a strong cash position in 2021

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Continued brand momentum drives strong performance Covid-19 creates elevated uncertainty about 2021   Looking at the key highlights, it is reported that, Pandora delivered a strong finish to the year with 4% organic growth in Q4 2020 despite Covid-19 lockdowns. 10% of the stores were temporarily closed during Q4. Online organic growth was 104% and online contributed 32% of total revenue. Looking at the key highlights, it is reported that, Pandora delivered a strong finish to the year with 4% organic growth in Q4 2020 despite Covid-19 lockdowns. 10% of the stores were temporarily closed during Q4. Online organic growth was 104% and online contributed 32% of total revenue.   The strong Q4 performance resulted in full year organic growth of -11%, which is ahead of the guidance provided in November 2020 (-14% to -17%).  China, as expected, under performed Covid-19 cause’s elevated uncertainty to the trading environment in 2021. Excluding Covid-19 impact, Pandora expec...

The moment for a lifetime

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Anmol Happy Hearts Collection! Custodians of trends, Anmol embark the Season of Love with Happy Hearts, an entrancing jewellery range for the days 365 to remain a happy!  The collection comprises elegant & light-weight neckpieces, rings, pendants, bracelets, and earrings, all crafted in 18K gold, graced with the allure of sparkling diamonds.  Inspired by the most precious element of love, the Heart-each design from the collection presents an ode to infinite love.  The mesmerizing jewels are curated in blissful heart-shaped motifs romanticizing every element of love. Versatile and wearable, this collection defines the precious promise between diamonds and love.  Keeping in mind the qualities of a modern woman, this collection is meticulously blended with intricacy and elegance. Gift an exquisite jewel from the collection to the love of your life and make her live the moment for a lifetime with a Happy Heart.  

Three new exclusive jewellery collections launched

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Gold and Precious Stones for the woman of today… Khimji Jewels also enters the e-commerce jewellery market! Legacy jewellery brand, Khimji Jewels has ventured into the online ecosystem with the launch of its new and intuitively responsive e-commerce platform.   A leading and highly trusted name in the gold jewellery and precious stone segment and with a legacy of over 84 years, the brand is now offering an online jewellery buying experience for buyers across India through the newly launched e-commerce platform, from the comfort of their home; thus adding to the e-commerce play in the fastest growing e-commerce market in the world. Along with the e-commerce platform, Khimji Jewels also launched three new collections specially crafted and designed for every occasion, inspired by cultural intricacies and the brightness of new beginnings.  With the launch of the e-commerce platform, Khimji Jewels aims to widen its reach in every part of India by delivering the best and purest ...

Gold and silver price manipulated?

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Manipulated by the Bullion Banks!   Craig Hemke inks at Silver Phoenix 500 platform and viewed, it has been a long ten years, but it seems that the investing world is finally beginning to realize that the globally-recognized prices of gold and silver are managed and manipulated by the Bullion Banks, which operate as market makers within the fraudulent fractional reserve and digital derivative pricing scheme.   Actually, if you understand this, then the price action often makes sense. If you view the price charts from the perspective of a bullion bank trader, then you can see where technical analysis is used against you, the regular trader/investor. At my site TF Metals Report, we call this "Manipulation Analysis", and it serves us all quite well. Let's take recent action as your latest example. The price of COMEX gold broke out to new all-time highs last August but has since been managed lower within a well-defined downtrend by the market-controlling Banks. And why do...

Gold, a strategic asset-US edition 2021

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WGC published the report 2021   Recently the World Gold Council (WGC) published the report, the relevance of gold as a strategic asset, US edition- 2021.  The report focuses on the key question for investor, what makes gold a strategic asset? And reports, Gold benefits from diverse sources of demand: as an investment, a reserve asset, jewellery, and a technology component. It is highly liquid, no one’s liability, carries no credit risk, and is scarce, historically preserving its value over time.   Extraordinary times with extraordinary opportunities: 2020 posed unprecedented challenges to investors as the first global pandemic in a century ravaged the world economically and socially. Covid-19 significantly increased uncertainty by compounding existing risks and creating new ones. The rollout of new vaccines at the end of last year fuelled optimism that the worst was over.  Yet the pandemic and the ensuing policy response from governments will likely have unintend...

Rough pricing returned to pre-Covid-19 levels!

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Petra revenue down 8% in H1 2020   Petra Diamonds Limited presented its’ Interim results for the six months to 31 December 2020 as H1, 2020. At Financial front Petra said, Revenue down 8% to US$178.1 million from 1,712,797 carats sold (H1 FY 2020: US$193.9 million from 1,743,807 carats sold) with the US$40.4 million proceeds from the Letlapa Tala Collection of blue diamonds, offset by weaker prices following the Covid-19 outbreak and fewer tenders during the Period.   Diamond pricing on a like-for-like basis increased by a further 8% at the Company's January 2021 tender that is confirming that pricing has now returned to pre-Covid-19 levels. Adjusted EBITDA3 up 20% to US$80.8 million (H1 FY 2020: US$67.2 million) yielding an adjusted EBITDA margin of 45%, up from 35% in H1 FY 2020 and 22% in FY 2020; driven by the sale of the Letlapa Tala Collection and reduced mining and processing costs. By casting their Outlook, Petra said, due to the ongoing uncertainty around the impa...

High-grade silver vein intercepted

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Middlecoff Silver Vein extended to South!   Alianza Minerals reports final results from the Phase One diamond drilling program at the Company’s wholly owned Haldane Silver Project located in the historic Keno Hill Mining District of Yukon Territory. Holes HLD20-20 and HLD20-21 targeted the Middlecoff Vein. HLD20-21 intersected silver mineralization including a core length of 0.89 m averaging 342 g/t silver, 2.35% lead and 1.20% zinc (476 g/t silver-equivalent).   Alianza Minerals said in their highlights of the results from Haldane Silver Project, Keno Hill District, Yukon, 1: Middlecoff Silver Vein extended to South, 2: Additional drilling planned to south and at depth for Middlecoff & 3: Phase Two Spring Drill Program to include West Fault and Middlecoff Targets. "The Middlecoff drilling has shown that the structure and mineralization is continuous to the south,” stated Jason Weber, P Geo President and CEO of Alianza.  “As we learn more at the Middlecoff, it is ...

AIDC Exemption, a master stroke!

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Exemption on gold/Silver bars and doré for exporters Import for domestic use will attract AIDC   AIDC exemption to boost jewellery exports: GJEPC   The Finance Ministry has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards to the Agriculture Infrastructure and Development Cess (AIDC) exemption on gold/Silver bars and doré for exporters. However, it maintains that the gold/silver bars and doré imported for domestic use will attract AIDC.   In the Finance Bill, 2021, Agriculture Infrastructure and Development Cess (AIDC) of 2.5% was levied on import of Gold/Silver Bars and Dore.  Colin Shah, Chairman, GJEPC said, “Exemption of AIDC on Gold/Silver Bars and Dore is a master stroke by Govt. which would have positive implications on the growth of the gem and jewellery export sector.  This has come as a much relief to our exporting community.  This charge of cess made the jewellery exports unviabl...

Celebrate Women’s Day with Charm!

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Ethnic Silver Earrings!   Your jewellery box calls for a stunning pair of silver earrings that enhances the beauty of your ethnic outfit, thereby making you look radiant than ever.  This Women’s Day, add an eternal charm to your jewellery collection with these ethnic earrings and let others envy you for looking nothing but perfect.   With innovative designs and excellent quality of workmanship, every piece of Sangeeta Boochra’s ethnic earrings could be an ideal purchase for yourself or a perfect gift for the women’s day. Sangeeta Boochra uses gemstones such as Ruby, Sapphire, Emerald, Aquamarine, Turquoise and many more to give the royal look to her jewelry pieces.