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samking73
Member since February 2013
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has posted a comment on the article :
>The decade to come will be the years of the diamond - Richard Mills - Ahead of the Herd
If the rumors are true, De Beers has enough diamonds warehoused away to keep the prices down for years.......or so I've heard.

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Beginning of the headline :Richard (Rick Mills) Diamonds are a girl's best friend, but they may also be a friend to investors looking for a safe haven from market storms. “If you look back 20 years, there was no diamond acquisition culture in China. But today in Beijing, Shanghai, and Guangzhou, there is an obvious launch pad. 40% of brides in those cities are getting diamond engagement rings. It was zero 15 years ago." Gareth Penny, CEO DeBeers The decade to come will be the years of the diamond. According to a... Read More
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