Frankly, we do not completely understand why the Metropolitan Museum in New York, one of the greatest art museums in the world, has chosen to host its annual Met Gala. The coverage of the event is extensive, with news crews outside the museum shooting video of some of today’s biggest celebrities as they arrive and walk up the staircase into the event. But why is this happening at an art museum? It doesn’t have anything to do with art really, so it must have something to do with money. And sure enough, the event raises money for the Museum’s Costume Institute.
Cutting-edge, high-fashion clothes are part of the scene, with commentators reporting on the fashions that celebrities are wearing. This year, it seems that there has also been more commentary than ever on the jewels that the celebrities (both men and women) Wore.
We were able to poke around online and find the following information on the stars’ choice of jewelry:
Maude Apatow wore hair ornaments and jewelry from Cartier.
Naomi Campbell wore a choker and face ornaments and other items from Jacob & Co.
Vanessa Hudgens wore jewelry from Messika.
Blake Lively wore a tiara, a necklace and other jewels from Lorraine Schwartz.
Kate Moss wore jewelry from A La Vielle Russie.
Amber Valletta wore jewelry form Buccellati.
Julianne Moore wore jewelry from Bulgari.
Incidentally, we understand that that jewelry was lent to those celebrities for their night out at the Met. (It’s not like they opened their jewelry boxes and picked jewelry from their personal collections.) The idea is that jewelers get publicity when the evening news shows deliver commentary that mentions the jewelry brands that stars are wearing. (“And here comes Maude Apatow who is wearing jewelry from Cartier.”)
A Popular Love for Jewelry Will Keep Gold Prices High
Fascination with the high-end jewelry that the stars wore at the Met Gala is a reminder that jewelry, Gold jewelry in particular, seems to fascinate everyone in our society, from the super-rich down to the man and woman in the street.
That fascination also reminds us that people will continue to invest in gold, no matter what trends are happening. Whether interest rates rise or fall, smart investors find reasons to invest in gold. Whether the stock market is bullish or bearish, speculators invest in gold. When foreign wars or high import tariffs threaten to cut off gold imports, people see those events as reasons to try to increase their investments in gold.
Why are we telling you this in today’s post? It’s because we want to remind you of a fundamental truth about investing in gold. And that truth is that the value of gold is likely to remain strong, for a variety of reasons that include:
Gold is beautiful – everyone knows that is true.
Gold is a sign of love, success, glamor and other positive things.
The value of gold has remained strong through wars, recessions and other events that have eroded the value of most other investments.
Gold is an investment that has traditionally been passed from parents to their children – it is part of the wealth that accumulates in some families.
Here at Specialty Metals Smelters and Refiners, we are big believers that gold – and gold scrap especially – represents one of the most profitable investments you can make.
Whatever kind of gold items or gold scrap you own, we are here to refine it for you and pay you for the gold it contains at today’s high trading prices. Give our precious metal recycling experts a call at 800-426-2344.
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