Welcome to the January issue of The Gem Bank Newsletter. I would like to take this opportunity to wish all of you a Happy New Year. I look forward to working alongside you all in 2012 and making this year a great success for us all! This is the year to open your mind!!! Trading at the end of 2011 ended on an optimistic note. Reports show that the sale of high end jewellery products increased within the last quarter with consumers becoming more and more comfortable to splash their cash online. In December we watched with fascination the late Elizabeth Taylor’s Christie’s jewellery auction reach a record breaking $115.9 million with one of her necklaces featuring a 16th Century peal selling for £7.6 million, ten times the auction estimate!