While the economic crisis presents challenges for the luxury goods category as a whole, diamonds are uniquely positioned to emerge strongly from this short-term uncertaintly and create valuable investment opportunities. Diamonds, traditionally a store of wealth and the currency of love, are piercing the economic gloom with their message of enduring values.The short-term reduction in diamond inventory, coupled with lower levels of industry investment in exploration and new mining projects will create a shortfall in previously forecast levels of diamond supply. De Beers who produce and market 40% of the world's supply of rough diamonds discovered 37 kimberlites in 2008. This compares to 45 kimberlites in 2007, and it is predicted that at the current rate of extraction, the world has only 50 years of diamond mining remaining.
As the hardest material on Earth, diamonds represent a hard asset for people migrating away from the risk and complexity of traditional stock markets. Historically, there has been high incremental growth and low volatility in the value of diamonds, making them attractive in the long term. The last 5 years has seen important value increases of more than 300% in certain exceptional diamonds of +3 carats.
The art of investment diamonds, a real and viable alternative to conventional investment portfolios.
Posts
1 comments:
Now days diamonds bring business profit. In recession also value of diamond is not effected, value of the diamond is not dependent on stock market price. There are some disadvantage also such as, you can buy it but you can't sell it off that easily, number of customers for real diamond is still less. To determine worth of the diamond you should have trained eye. So, i conclude that now diamonds investment is the way to go. For more details on diamond investment refer diamond investment
Post a Comment