Ramble On Ron

Diamonds, Music and other Facets of Life

Message To Retailers: Buy Diamonds For Stock!

In today’s economic climate, jewelry retailers need to find new ways to increase margins, while still competing with e-tailers and everyone else in their market. Buying gold has become a necessity for a lot of traditional retailers in order to keep cash flow positive. However, the gold buying train won’t last forever. Even the popular [...]

The Diamond Market Moving Into December 2010

It’s been a while since I’ve written about the state of the diamond industry as we prepare for the Holiday Season. I am in the unique position of looking at the market from both a wholesale and retail perspective. We buy so many diamonds from the public that we are regular traders in the market, [...]

Blue Nile vs Local Jeweler Video

I made this cool video the other day and got a nice reaction from it, especially from my friends in the jewelry industry. It’s a common conversation between a diamond retailer and an internet shopper. The emails and comments that I received from people in the industry is that they loved it and it was [...]

The Gold Party Is Over

Got an email this morning from the State of Maryland Department of Labor, Licensing and Regulation prohibiting “hotel shows and home gold parties”. Here’s an excerpt from the bill: SECONDHAND PRECIOUS METAL OBJECT DEALER/ PAWNBROKER ACT COMPLIANCE ADVISORY New law prohibits hotel shows, home gold parties; requires dealer name, license number on advertisements. On October [...]