The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DMaA who wrote (173710)	12/26/2008 12:59:54 PM
From: tejek	Read Replies (1) of 306849

Interesting. Thanks. Surprisingly, diamonds continue to appreciate even with the addition of the Canadian diamonds. "Today Canada’s diamond business is soaring. The country’s four working mines produced 17 million carats in 2007, up 23 percent from 2006. Diamonds from Canada now account for 10 percent of all diamonds by carat sold in the world. And the addition of more diamonds to the global market hasn’t driven prices down. Average carat value has actually risen 15 percent, and the gems from the far north are untainted by the bad publicity that comes from an association with African wars."

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