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Sunday, February 03, 2008

Colored Stone News

Lightning Ride is the most famous locality in the world for black opal + opal was first discovered in the latter part of 1800s' and the first diggings began in 1901 + black opal is found in nodules (nobbies) + when these were first encountered they were considered to be of little value because no one had ever seen black opal before + today the black opal from Lightning Ridge is considered to be the best and most valuable opal in the world + The Lightning Ridge Opal Festival + International Opal Jewellery Design Awards are interesting events for opal lovers + it's a small show, but it's an experience.

Useful link:
www.iojdaa.com.au

I found www.ridgelightning.com interesting because of the collection of photographs they have got on lightning that gives Lightning Ridge its name + it's beautiful.

Old Master Auctions

Souren Melikian writes about The Old Master auctions conducted last week at Sotheby's + beauty of the art market + the endless opportunities for those who know how to play the game + other viewpoints @ http://www.iht.com/articles/2008/02/01/arts/melik2.php

Jewelers Of The Middle Ages

(via 5000 Years of Gems and Jewelry) Frances Rogers and Alice Beard writes:

6. Rings And Magic

In medieval times and even during much of the Renaissance, religion, superstition and magic were all hugger-mugger. Ideas as well as gems were assembled in strangely ill-assorted companionship. For science was still not only an infant but the enfant terrible of the period, a thing to be suppressed as perilous both to the soul of man to the authority of the Church. Those who dared independently to seek knowledge first hand—either knowledge of natural phenomena or reasoning on the problems of the spirit—risked the accusation of heresy. Heretics were burned at the stake. Almost any one was liable to be dragged before the dread inquisitor, who tried the victim in secret without even letting him know which of his enemies had betrayed him.

Then there was the danger of witchcraft and the malevolent influence of the Evil Eye. But worse still (and this was no imaginary peril) there was the danger of being accused of practising witchcraft. If you were skeptical and did not believe in witchcraft, your disbelief was synonymous with atheism, and automatically you became a heretic.

Burning was the favorite method of exterminating both heretics and witches. After the advent of the Protestant Church, Catholics and Protestants vied with each other in witch-hunting. At this late date it is hard to say whether early records exaggerate the figures or not, but one writer boasts that in the course of one hundred and fifty years the Holy Office had burned at least 30000 witches ‘who if they had been left unpunished would easily have brought the whole world to destruction.’

With this glimpse of their background, it is not difficult to understand why our Christian forebears, whether or not they believed in magic, might have found it expedient to wear amulets and charms to protect themselves from suspicion of skepticism if nothing else.

Rings engraved with figures of saints were held in high regard, and particularly powerful was the magic of St Christopher, who could ‘give immunity from sudden death for the day to all who had looked at any representation of him.’

Another favorite ring was inscribed with the last words of Our Lord on the Cross in combination with a formula which cured epilepsy and toothache.

Belief in the medicinal properties of precious stones seems to have become more deeply rooted at this time than ever before, and the specific remedial efficacy of each stone was multiplied until practically any stone was a cure all—if you allowed the right train of superstition. A sapphire worn in a ring would cure diseases of the eye, and preserve the wearer from envy; was an antidote for poison; and, as if that were not enough for one gem to attend to, preserved the chastity of its wearer and prevented poverty, betrayal, and wrongful conviction. Besides which are told, ‘Also wytches love well this stone, for thtey wene that they may werke certen wondres by vertue of this stone.’

The French Revolution And Its Influence On Art

(via The Outline of Art) William Orpen writes:

2

Most attractive of all the portraitures of this period is the woman artist Madame Elizabeth Louise Vigée Lebrun (1755-1842). Her father, a portrait-painter himself, died when she was only twelve years old, and his daughter carried on his practice almost at once, for when she was only fifteen she was already painting portraits with success and talent. While still young she married Lebrus, a prosperous and enterprising picture-dealer, who managed her affairs well, and whose stock of Old Masters afforded the young artist many models which she studied with good results. In 1783 Vigée Lebrun was admitted to the French Academy, and during the last years of the French monarchy she was a favorite at Court and painted several portraits of Marie Antoinette and her children. In 1789, alarmed at the way things were going in France, she went to Italy, where she was received with enthusiasm and made a member of the Academies of Rome, Parma, and Bologna. Thence she went to Vienna, where she stayed three years, and subsequently visiting Prague, Dresden, Berlin, and St Petersburg, she only returned to France in 1801. Thus she escaped the Revolution altogether and saw little of the Empire, for about the time fo the Peace of Amiens she came to England, where she stayed three years, and then visited Holland and Switzerland, finally returning to France in 1809.

Entirely untouched by the Revolution and by the wave of Classicism which followed it, Mme. Vigée Lebrun was a cosmopolitan artist whose art belonged to no particular country, and whose style had more in common with English Romanticism than with the asceticism then in vogue in France. Among all her portraits none is more charming than the many she painted of herself, and of these the best known and most popular is the winning of ‘Portrait of the Artist and her Daughter’ at the Louvre. Though in time she belongs to the revolutionary era, Mme. Lebrun is, as regards her art, a survival of the old aristocratic portrait-painters of monarchical France.

The French Revolution And Its Influence On Art (continued)

Saturday, February 02, 2008

Prophet Of Innovation

Prophet of Innovation by Thomas K. McCraw is a brilliant book + he is one of the best business historians in the world + writes on Joseph Schumpeter’s views on the nature of capitalist profit.

Listen to a short interview with Thomas McCraw
Host: Chris Gondek Producer: Heron & Crane

Colored Stone Update

There is a lot of talk about andesine-labradorite via JTV + the sources + the color is just beautiful, if well cut.

Useful link:
www.jewelrytelevision.com

Diamdel Markets Pandora’s Boxes

Chaim Even Zohar writes about De Beers trading subsidiary, Diamdel + the online auction concept + the impact @ http://www.idexonline.com/portal_FullEditorial.asp

Friday, February 01, 2008

Mobs, Messiahs, And Markets

Mobs, Messiahs, and Markets: Surviving the Public Spectacle in Finance and Politics by William Bonner + Lila Rajiva is an interesting book that describes follow-the- crowd syndrome + it's funny/brilliant/thought-provoking + I think it's an interesting topic to study and reflect upon.

Here is what the description of Mobs, Messiahs, And Markets says (via Amazon):
Bestselling author Bill Bonner has long been a maverick observer of the financial and political world, sharpening his sardonic wit, in particular, on the vagaries of the investing public. Market booms and busts, tulip manias and dotcom bubbles, venture capitalists and vulture funds, he lets you know, are best explained not by dry statistics and obscure theories but by the metaphors and analogies of literature.

Now, in Mobs, Messiahs, and Markets, Bonner and freelance journalist Lila Rajiva use literary economics to offer broader insights into mass behavior and its devastating effects on society. Why is it, they ask, that perfectly sane and responsible individuals can get together, and by some bizarre alchemy turn into an irrational mob? What makes them trust charlatans and demagogues who manipulate their worst instincts? Why do they abandon good sense, good behavior and good taste when an empty slogan is waved in front of them. Why is the road to hell paved with so many sterling intentions? Why is there a fool on every corner and a knave in every public office?

In attempting an answer, the authors weave a light-hearted journey through history, politics and finance to show group think at work in an improbable array of instances, from medieval crusades to the architectural follies of hedge-fund managers. Their journey takes them ultimately to the desk of the chairman of the Federal Reserve Bank and to a cautionary tale of the current bubble economy. They warn that the gush of credit let loose by Alan Greenspan and multiplied by the sophisticated number games of Wall Street whizzes is fraught with perils for the unwary. Boom without end, pronounces The Street. But Bonner and Rajiva are more cynical. When the higher math and the greater greed come together, watch out below!

Mobs, Messiahs, and Markets ends by giving concrete advice on how readers can avoid what the authors call the public spectacle of modern finance, and become, instead, private investors - knowing their own mind and following their own intuitions. The authors have no gimmicks to offer here - but instead give a better understanding of the dynamics of market behavior, allowing prudent investors to protect themselves from the fads and follies of the investment markets.