Showing posts with label De Beers. Show all posts
Showing posts with label De Beers. Show all posts

Tuesday, December 1, 2009

Too Much of a Good Thing?


It is banned in 13 states. The folks behind Samuel Adams beer are releasing a beer with 27 percent alcohol. If that doesn't scare you off, maybe the $150 a bottle will. According to the AP Alabama and West Virginia recently passed laws to allow higher alcohol content in beer. Lawmakers in Iowa and Mississippi are considering similar legislation.

Surprisingly MADD isn't too upset. Chuck Hurley, CEO of Mothers Against Drunk Driving said "Right now, we're reserving judgment." Basically they only want the stuff to be properly labeled and not marketed to kids. I think the $250 price tag took care of that.

Monday, February 23, 2009

Diamonds are forever

That's right, that marriage might not last, but the diamond will. If you're in the market for a diamond, this is the time to buy. The diamond industry is at a standstill. Large companies like De Beers are cutting production and some are even buying diamonds on the market to reduce the supply.

The most interesting piece of information though is that within 20 years, there won't be any more diamonds in the ground. Finito. That's it. The recession is hitting the industry hard. This is coming from an industry that came up with the right hand ring. Somehow I am not too worried about them. So, what are you buying? Buy as an investment? How about men, the industry wants you to wear more bling.