Crisis and the gold market in Portugal – Crise e mercado da ourivesaria em Portugal

Kgs Ouro Portugal

Gold (ton) used in jewellery sold in Portugal -rise and fall (blue – jewellery pieces locally manufactured; red – imported jewellery)

Portuguese GDP quarterly annual rate of change (%)

Portuguese GDP quarterly annual rate of change (%)

RISE AND FALL, A GOLDEN CHRONICLE OF THE PORTUGUESE GROWTH CRISIS
It’s the crisis, but not the 2008 one. The Portuguese gold jewellery market has shown a marked decrease since it’s heyday in 1999-2000 (either in gold content, USD or EUR value), paralleling the growth crisis of Portuguese economy – clearly unprepared for the EURO currency. Now a small fraction of its volume in 2000, the gold jewellery market seemed to stabilise with last year’s (hopefully) economic turning point.
The 2008 crisis had other effects on the Portuguese gold market, gold savings being traded for cash and generating a close to 1.000 MUSD gold export maximum in 2012. But that is the theme for another post.
Golden years ahead, perhaps, but not soon – neither for the economy nor for the Portuguese gold market.
CRÓNICA DOURADA DA CRISE PORTUGUESA
A crise do crescimento português (gerada pela adopção do EURO, para a qual não nos preparámos) está espelhada no mercado nacional da ourivesaria, quer numa perspectiva de ouro contido – no primeiro gráfico, quer no seu valor (medido em EUR ou USD). Agora uma pequena fracção do seu volume e valor em 1999-2000, o mercado nacional de ourivesaria parece ter estabilizado, um efeito do ponto de viragem (esperemos…) da economia portuguesa.
A crise de 2008 (que muda de nome mas não acaba…) teve outros efeitos no mercado do ouro em Portugal, com a troca das poupanças em ouro dos Portugueses por dinheiro vivo e exportações de ouro que atingiram um máximo de quase 1.000 MUSD em 2012. Mas isto é tema de outro artigo.
Os anos de ouro vão, talvez, voltar, mas não é para já – nem para a nossa economia nem para a ourivesaria.

Portuguese marble: color and textural variation

Mármores Portugal - gama cromática e textural

Marble is a natural stone type extracted, processed and used in monuments, buildings and pavements in Portugal for millennia. Portuguese marble is used all over the world; in Portugal, at least since Roman times. Small samples (and photos) hardly capture the full variation range of color and texture of natural stones. Even so, the picture above tries to depict some of the Portuguese marble’s beauty (I must confess my favourite is Verde Viana’s marble). The image was (laboriously) created from individual smaller photos.

Hope you enjoy.

Want to know more about Portuguese marble? Drop us a line (contact form).

Portuguese granite: color and textural range

Granitos Portugal- gama cromática e textural

Granite is a natural stone type extracted, processed and used in monuments, buildings and pavements in Portugal for millennia. Small samples (and photos) hardly capture the full variation range of color and texture of natural stones. Even so, the picture above tries to depict some of the Portuguese granites beauty. The image was (laboriously) created from individual smaller photos. Please note that the natural stone “granite” commercial designation includes many types of igneous rocks (granites, yes, but also gabbros, diorites, nepheline syenites, etc.)

Hope you enjoy.

Want to know more about Portuguese granites? Drop us a line (contact form).

Portuguese limestone: textural and color range

Calcários Portugal - gama cromática e textural

Limestone is a natural stone type extracted, processed and used in buildings and pavements in Portugal for many centuries. Small samples (and photos) hardly capture the full variation range of color and texture of natural stones. Even so, the picture above tries to depict some of the Portuguese limestones beauty. The image was (laboriously) created from individual smaller photos (the lower row corresponds to the classic Lioz limestone – Pero Pinheiro vicinity, nearby Lisbon).

Hope you enjoy.

Want to know more about Portuguese limestones? Drop us a line (contact form).

DIAMANG: the old times, a new photo gallery

DIAMANG 1960 - Luembe river diversion works

Luembe river diversion works – 1960 (DIAMANG)

Many people and institutions have been involved in the Angolan diamond industry during the last 100 years; places and natural features unknown until then have fallen under the spotlight of the industry. Among those involved, some had a leading role. DIAMANG was the greatest among them; this gallery (in time, a set galleries) honors the Company and the men and women that built it.