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Diamonds A Good Portfolio Investment?
The answer is Yes! according to a report in this morning's Bloomberg News.
The cited reasons are:
1. Soaring consumer demand for diamonds and diamond jewelry.
2. Declining supply, with old depleted diamond mines taken out of production and new productive mines not yet found and/or still not coming on-line,
3. Effective advertising by DeBeers and other Diamond Industry heavyweights touting "Diamonds Are A Girls' Best Friend".
The article goes on to predict that Diamond Prices will outpace that of precious Metals such as Gold and Platinum over the next several years.
Guys, you have been warned!
The full article is here:
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