Large Price Increases Expected on Gems and More...

Sales have been quite brisk and might be due to the fact that Gold continues to climb and prices in gemstones and most things are increasing. As noted before, Americans will be out in the cold as more of the population of India and China continue to buy everything of interest and value as their standards of living increase as well does their income. China's salaries are catching up to those in Mexico. As stated on NPR yesterday, in the future the America economy will continue to improve as China continues it's growth; those living in that country will become wealthier. As Americans shift position in the list of global salaries/income, America will not be purchasing from China as we will not be able to afford Chinese products, but we will certainly be SELLING to China and that will increase income and stimulate the American economy....

It currently looks as if Americans will be out of the gemstone market shortly due to pricing, until they recognize that this is a new world order and Americans no longer control the market. As the owner of All That Glitters stated to other dealers in Tucson this year - "American dealers will not be able to purchase gemstones abroad and the only selling or buying that will occur in the US will be between dealers, until our old stock is depleted. Once our inventories are gone, we WILL HAVE TO PAY the current prices if we are to remain in business."