Some 3.9 billion years ago a massive meteor shower of glittering gold and platinum fell on earth, says a new study published in the Nature Journal by researchers at the University of Bristol. This ancient meteor shower explains why tens to thousands of times more bling exists on earth’s mantle and crust than anticipated, says the press statement . Prior to…
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Australian man throws away $50,000 in gold
A man hid his wife’s uninsured gold jewellery and several valuable family heirlooms in plastic rubbish bags in case their home was ever robbed Photo: ALAMY CALOUNDRA, Australia, Aug. 29 (UPI) — An Australian man says he accidentally threw out $50,000 worth of his wife’s gold jewelry recently in an attempt to fool any would-be robbers….
The dog ate my diamonds!
ALBANY, GA – $10,000 worth of diamonds disappeared from a Georgia jewelry store, but they didn’t have to go far to find them again. They quickly figured out it was an inside job, and recovered the jewels the next day. In fact, they didn’t even have to call police. John Ross Jewelers…
Thief swallowed diamond ring
A home repairman who stole a diamond ring and then swallowed it to keep it away from its owner has been charged with felony theft, authorities said today. Wilfredo Gonzalez, 30, of Chicago, was doing remodeling work to the victim’s home in Cicero on Aug. 5 when he asked to use the restroom, the Cook County state’s…
IWC Schaffhausen to sponsor Abu Dhabi Ocean Racing
IWC Schaffhausen has signed up with Abu Dhabi Tourism Authority (ADTA) to become the first major sponsor of its Volvo Ocean Race 2011/12 team, Abu Dhabi Ocean Racing. The landmark deal, marking the luxury Swiss brand’s debut in top-tier global team sport sponsorship, will run throughout the entire Volvo Ocean Race 2011/12 campaign, which…
Belongings of NM real estate executive accused in $700M Ponzi scheme to go on auction block
a De Beers 24-karat gold-plated hour glass with diamonds belonging to Doug Vaughan is seen in Albuquerque, N.M. You’ll have a shot Saturday at an auction to sell off household furnishings and other personal possessions belonging to the former real estate executive accused of scamming upward of $70 million from 600 investors through a…
Necklace ban for men as Tehran’s ‘moral police’ enforce dress code
Iranian men have been banned from wearing necklaces in the latest crackdown by the Islamic regime on “un-Islamic” clothing and haircuts. Thousands of special forces have been deployed in Tehran’s streets, participating in the regime’s “moral security plan” in which loose-fitting headscarves, tight overcoats and shortened trousers that expose skin will not be tolerated…
Do Swiss Luxury Watchmakers Affect Chinese Consumers? Or Vice Versa?
According to the Bain & Co. 2010 Luxury Market Survey, Chinese domestic luxury consumption of over 200 global high-end brands totaled 68 billion yuan (US$10.2 million) in 2009, with most of that spending within the mid-price range (25,000-50,000 yuan, or US$3,857-7,714). But not all of that money went to fast cars and flashy apparel….