De Beers: DBRSY Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : De Beers: DBRSY

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: skelly who wrote (2)	9/21/1998 6:45:00 PM
From: sana	Read Replies (1) of 87

I am certainly not an expert, however in difficult times one does not go out and buy diamonds as an investment (or in good times either). They don't go up in price (generally), they are difficult to re-sell..(you'll get low wholesale..if that). Other than adornment, diamonds have no other use. Yes I know diamonds have industrial uses however that's where all the garbage and manufactured diamonds go. And finally there is no shortage of diamonds. If De Beers released all the diamonds they hold diamonds wouldn't be worth much more than a CZ. The larger higher quality diamonds being the exception.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next