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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: White Shoes who wrote (8629)10/30/1997 3:25:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 94695
 
WS, >>The widespread nature of diamond owning makes diamonds an interesting alternative to precious metals in a decline like this.

Yes, the currency of choice by the Jews during WWII.

Joan



To: White Shoes who wrote (8629)10/30/1997 4:01:00 PM
From: Mark Nelson  Read Replies (1) | Respond to of 94695
 
<...diamond prices are holding up (cartel
of course)>

You got THAT right. Diamonds are actually quite common. Certainly, not what DeBeers would like us to think. They've done their job masterfully. Ya gotta give them credit where credit is due.

Mark



To: White Shoes who wrote (8629)10/30/1997 10:45:00 PM
From: Mike M2  Read Replies (2) | Respond to of 94695
 
White shoes diamonds may be a girls best friend but not mine. I believe Jimmy Rogers had a piece in Worth a few months back about the deBeers diamond monopoly and how the Russians could upset it. The gold mkt needs a change in psychology I believe someday the mkts will overcome the manipulation by the central banks when I don't know . Mike