Do to the recent discovery of hidden Russian surplus of diamonds. How will the diamond market be affected? Diamonds like gold, have always been about supply and demand. The control of the diamond market has always been a delicate and unstable one. With the introductory of trillions of diamonds into the market flood it and crash the value of diamonds? Can the market be controlled, so that it doesn’t crash.
I have listed a few links to a couple of articles that support this theory. They explain in detail how the diamond market has been controlled for years. Please read them, and if you have time. I personally have invested thousands in diamond jewelry for my wife. I did so both for commemorations and sentimental value. But also to protect her and my family if I cannot. If I were to die and she where to fall into financial dire straits she could use them to keep afloat for some time. If the value of the diamonds I have bought for her crashes. This idea goes to hell http://news.yahoo.com/russia-reveals-shi…http://www.nytimes.com/1992/09/03/busine…
Categorized | Affiliate Marketing 101
Diamond Market Value Crash? Will Russia Monopolize The Diamond Market?
Posted on September 22, 2012.
If Russia had the power to monopolize the diamond market – do you honestly think they would have waited so long to tell us about their good fortune?
The diamonds were apparently discovered in the late 1970s – the result of a comet strike. Every diamond is apparently an industrial-grade diamond (of varying size) – unsuited to the much more lucrative jewellery-market diamond.
This Russian find of industrial diamonds is not a credible threat to your idea of storing wealth. BUT, the uncontrolled availability of diamonds outwith the monopolistic control of the De Beers group creates a lot of speculation and uncertainty.
I would strongly advise that you diversify into other financial instruments. Stocks; bonds; precious metals, etc. This would spread the risk a lot better than investing in one single commodity.
You can only do the best you can nothing is safe many people have been paying into pensions
all their life and now only receive a fraction of what they should have done they were supposed to
be safe. How do we know if there are masses of gold deposits yet to be found we can’t predict
the future it will be regulated they can’t afford to let it crash it would send everything else crashing.