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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST
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To: GPS Info who wrote (52758)7/26/2009 8:13:41 PM
From: energyplay  Read Replies (1) of 217719
 
Diamonds are not fungible. They are difficult to evaluate, test and grade. They are also not divisible - you can cut a gold coin into pieces of eight to pay off 8 people, don't try that with a diamond. Also, the market is kept artificially high - See Edward Epstein, the Death of the Diamond, and later works.

They do have the advantage of small space and light weight, easy to travel with and conceal.
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