diamond bullion?
derryb
Posts: 36,823 ✭✭✭✭✭
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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Talk about a market manipulated!
Golly, that will be amazingly liquid, and also really hard to counterfeit!
Liberty: Parent of Science & Industry
Considering how the price of diamonds is controlled by a non-governmental group and the markup is phenomenal, I would say this will be a narrow market, subject to as much or more manipulation and will never be as liquid as gold and silver. Cheers, RickO
Agree, but diamond investors and those crossing borders will probably love the added features.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Markets are manipulated?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Great idea. Now if only they can store them for me so I don't have to take physical possession.
No thank you.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I guess the diamond marketeers are having a hard time moving excess inventory?
Knowledge is the enemy of fear
What next !!!
Maybe not,,,,,
Grade A Diamonds!!!!! better than flushing your money down a toilet
I bet the diamonds come from the trash pails of we buy gold stores that smash them out of rings people bring in
Not for me. You'd have to crack them out just to have them graded and certified.
I knew it would happen.
Ridiculous.
Here's a warning parable for coin collectors...
Crazy as this is someone will buy them
wasn't provident selling these things?