July 08, 2012 | 02:03 PM PDT
Okay, this is pretty hilarious and embarrassing. Apparently Kim Kardashian is ALL ABOUT getting in with Beyonce and Jay-Z and Beyonce is like "NO." The Enquirer reports that "Kim splurged on a $5,000 diamond-studded baby bracelet for [Blue Ivy]." The best part? Kim got it engraved with the phrase "Love Auntie Kim." Uh… last I checked, Kim had nothing to do with the Carter family. Beyonce and Kim have been spending some time together because Jay-Z and Kanye are on their Watch The Throne tour.
But "Auntie Kim" was a little too close for comfort for Beyonce. A source says "Right now, Beyonce is on her guard. She's keeping her distance until she feels more trusting of Kim."
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