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diamond bullion?

Comments

  • DrBusterDrBuster Posts: 5,419 ✭✭✭✭✭

    Talk about a market manipulated!

  • BaleyBaley Posts: 22,663 ✭✭✭✭✭

    Golly, that will be amazingly liquid, and also really hard to counterfeit!

    Liberty: Parent of Science & Industry

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    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

  • derrybderryb Posts: 37,144 ✭✭✭✭✭

    Agree, but diamond investors and those crossing borders will probably love the added features.

    Repetition of ignorance is ignorance raised to the power two.

  • derrybderryb Posts: 37,144 ✭✭✭✭✭
    edited October 25, 2017 7:26AM

    @DrBuster said:
    Talk about a market manipulated!

    Markets are manipulated?

    Repetition of ignorance is ignorance raised to the power two.

  • KbKardsKbKards Posts: 1,782 ✭✭✭

    Great idea. Now if only they can store them for me so I don't have to take physical possession.

  • PerryHallPerryHall Posts: 46,352 ✭✭✭✭✭

    No thank you. :D

    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

  • cohodkcohodk Posts: 19,299 ✭✭✭✭✭

    I guess the diamond marketeers are having a hard time moving excess inventory?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    What next !!! :s

    Timbuk3
  • GRANDAMGRANDAM Posts: 8,568 ✭✭✭✭✭
    edited October 25, 2017 2:13PM

    Maybe not,,,,, ;)

    GrandAm :)
  • bronco2078bronco2078 Posts: 10,263 ✭✭✭✭✭
    edited October 26, 2017 4:30AM

    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 :D

  • jmski52jmski52 Posts: 22,985 ✭✭✭✭✭

    Not for me. You'd have to crack them out just to have them graded and certified. :)

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    Ridiculous.


    Here's a warning parable for coin collectors...



  • tyler267tyler267 Posts: 1,247 ✭✭✭✭

    Crazy as this is someone will buy them

  • bronco2078bronco2078 Posts: 10,263 ✭✭✭✭✭

    wasn't provident selling these things?

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