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Diamond World Supply To End In 20 Years.
So says Diamond Expert CEO Paul Loudon of DiamondCorp.
Loudon said that the world was consuming more diamonds than mines were producing and therefore the price outlook for diamonds was ‘very strong' in the medium-to-long term.
We saw this happening just last week as Rapaport, a Diamond trade Publication reported price increases of 10% for better quality goods. With Platinum and Gold prices already up over 50% over the past five months, consumers are none too happy. But Guys are getting engaged.
Read Louden's full interview here: Where Have All The Diamonds Gone?
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