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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Bob Fairchild who wrote (42299)	6/12/2007 8:12:44 AM
From: koan	Respond to of 78421

$8,000 carat versus $2,500. That is what they said on Bloomberg, I am just the messenger-lol. Maybe they are taking all the middlemen into consideration?? Everyone knows diamonds are very artificially highly priced as Debeers has controling the price by keeping zillions of them off of the market for a century. Also, there is a diamond brotherhood that runs out of England, sort of like skull and bones, or the mafia and only made men can even get any diamonds; And they take what they can get and cannot dicker on price. All made men have "their own turf". I think that whole manipulated enterprise is about to collaps. I would sell all valuable diamonds and buy gold and platinum-lol. The diamond market has always been manipulated to make diamonds cost much more than they should if supply and demand set the price. Essentially dimaonds ar a terrible investment. Those about to get married: buy her a platinum ring with a manufactured ruby, sapphire and emerald-lol.