The main reason diamonds are the best investment is that the diamond industry is a monopoly that has controlled the price for the past fifty years. Emeralds used to be controlled to some extent from Columbia but that ended in 1998. In Brazil, you have small, coloured stone mines that will sell their merchandise for the best price they can get if and when they need the money. I’ve seen some coloured stone prices drop by 50% in the past five years. Diamonds, however, are controlled, with the price of “rough uncut diamonds” going up at least 20% per year to site holders. There are fewer than 100 site holders in the world who are allowed to buy diamond rough only 10 times per year. They, in turn, manufacture the rough into cut and polished diamonds that are then sold in your local jewellery stores.
Diamonds, are normally not considered an immediate, short-term investment if you buy them from a retail jewellery store. They are only a good, solid investment if you can buy them directly from the rock-bottom, wholesale source. If you’re looking for an investment in diamonds, this means you will have to deal with a wholesaler who can buy directly from the Diamond Trading Company (DTC). Then you have a controlled investment that will be scheduled to increase on the wholesale level at 20% per year.
If you would like to buy a diamond, wether for investment or a gift, please contact me and I will make it happen. For additional info, please visit my website at www.diamondsbyappointment.org
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