That is the word that comes to mind as I work with this gorgeous yarn! I helped a friend destash and unfortunately the label has been lost so I can't let you know what it is, but I do know its a Merino/Silk mix and its lovely. My favourite colours too.
The pattern is the new Ironwork Shawl by Tara Miller in Interweave Knits Spring 2012, perfect for the slipperiness of silk.
Joining in with the yarn along this week and reading the second in the series about Woody Creek by Joy Dettman. If you want a read that is really Australian then this is it. I started the series about a month ago and I can't put it down. I have the third in the series of four on the waiting list from the library and Ive almost finished this one so I hope I don't have to wait too long.