Diamond- THE birthstone for April!

 

The word diamond is thought to originate from the Greek word agamas- means invincible.

Birthstones…..

Thought to date back to biblical times when priests would wear twelve gemstones on his breastplate and these became associated with the zodiac and the months that this represented, and this started a tradition of wearing one’s birthdate to bring luck to the wearer and derive its greatest benefit, and many would then wear this stone in jewellery for the entire year, and a tradition still strong in with today’s jewellery wearers.
However it was not until 1912 when a list was created by the American Jewellers Association and this list would show various stones that could or should be worn by those born in any particular month. A little controversial as many did not agree with their findings, but it seems to have now been widely accepted.

The Birthstone for April

As told through the Encarta, Sanskrit texts dating back before 400 B.C. found that people associated significant value and wonderment with crystals. There is also significant research dating back to 1330 showing diamond cutting in Venice. The diamond trading business flourished towards the 15th century with the opening of Eastern trade routes.

Ancient theories touting the magical powers of diamonds were prevalent: some thought lightning bolts formed diamonds, while other theories asserted that diamonds were the tears of god. In the Middle Ages it was thought that diamonds held special healing powers stemming from the pituitary gland and the brain. By hearing the crystals and taking to one’s bed it was thought that this would draw out any harmful toxins. It was also thought that the powers could help one’s balance and boost energy.

But mostly it is thought that a diamond is the king of all jewels, and once given it is ‘forever’ and fosters a long a loving relationship

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Gold prices rising

IS GOLD FOR REAL?

Gold prices are rising again and this is due to worries about world economy . It went to a 13month high last Friday although some way short of 2013, it has put on 20% growth this year and that cannot be sniffed at. Investors want to put their cash somewhere safe and gold has always been seen as a haven in times of woe. There is also booming demand for gold in the USA and Merrill Lynch has reported that in excess of 5 billion pounds has recently flowed into gold funds

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So is it likely to continue on the up. We think short term this looks likely although maybe not to the heights of 2011, but sometimes a bull rally is hard to stop, when it does it comes down quickly. The Chinese are one of the world’s biggest buyers of gold and their economy is looking less rosy and this may be a trigger for higher prices. The great thing for small investors is that buying gold comes at a no vat advantage and gains are not taxable. So always a good idea to have a small pot of gold in your portfolio.

 

Give us a call on 01373 462089 and we can advise

 

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