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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (61550)	2/28/2010 8:17:48 AM
From: TobagoJack	1 Recommendation Respond to of 219980

:0) will take my chances with the tsunami governments are more destructive, more thorough, and do so with less mercy

To: Haim R. Branisteanu who wrote (61550)	1/29/2023 7:44:29 PM
From: TobagoJack	1 Recommendation Recommended By Secret_Agent_Man Read Replies (1) \| Respond to of 219980

Re <<TJ, forget GOLD - a tsunami from a serious earthquake will wash it away to the bottom of the sea - and then what? If you will try to flee the ROCK they will not accept the extra weight - so you need to pay a big chunk of what you have only to save the rest. On the other hand the confetti represented by electronic bits will reside on a backup server in the mainland to be retrieved at a later time ... or better quality and approved polished diamonds will hold their value relative to inflation/deflation>> ... since this above post circa 27 February 2010, would say the conclusion not yet in, although each of gold and diamond still features their respective features and bugs w/r to uniformity/fungibility, portability, liquidity, security, etc etc Let us see going forward. My guess is that diamond might prove higher ramping as in the case of silver, but gold shall be incorporated into money-plumbing, and perhaps stitched into crypto-chains by officialdom sponsors. In the meantime the Belgian domain is refusing to support victory of freedom over tyranny by giving up its traditional craft. Side note: electronic bits undergone a transformation, outcome to be determined. Double side note: Re <<If you will try to flee the ROCK they will not accept the extra weight>> ... my host here on Koh Samui has 3 tons of the stuff stored in facility that gives instant access to the stuff at many locations around the planet, troy oz for troy oz, less the fee of less than $10 per troy oz diamondse.info macrotrends.net rt.com Belgium won’t back EU ban on Russian diamonds – official Belgium will never support a ban on Russian diamond imports to the European Union, Prime Minister Alexander De Croo said on Friday, adding that measures of this kind would only be effective if they were introduced globally. The EU is working on its tenth round of sanctions on Russia over Moscow’s military operation in Ukraine. Poland and the Baltic nations are pushing to ban Russian diamonds from the bloc’s market, as well as other measures like cutting off more banks from the SWIFT payments system and restrictions on nuclear energy cooperation. “We do not support the ban on supply of diamonds,” De Croo told journalists when asked about the proposed embargo. De Croo said the supply volume of Russian diamonds to Belgium had dropped 80% since the imposition of Ukraine-related sanctions, but highlighted that Russian exports of precious stones as a whole had not declined. “Steps of [this] kind should be taken only at the global level. It is necessary to create a system for tracking the origin of diamonds to make the sanctions really effective. Otherwise, diamonds will still find their way to the market,” the prime minister said. In October, EU member states discussed a ban on imports from Russian mining giant Alrosa, as part of the eighth package of sanctions. However, the gem miner stayed off the final list that includes 29 individuals and seven legal entities. READ MORE: Von Der Leyen states goal of EU's anti-Russia sanctions The U-turn reportedly came after Belgium, home to the world’s biggest diamond trading hub in Antwerp, blocked the EU embargo, having warned that the move could cost thousands of jobs in the city. According to official Belgian statistics, the country still imported €676 million ($734 million) worth of Russian diamonds in the second quarter of 2022, which then slipped to €154 million ($167 million) in the three months to the end of September. Alrosa, the world’s largest diamond producer with a 30% global market share, has been placed on the US sanctions list. Washington has banned the importation of Russian rough diamonds, but still imports gems if they have been substantially transformed in other countries. Belgian authorities are reportedly concerned about losing business to diamond trading hubs in India and the United Arab Emirates. For more stories on economy & finance visit RT's business section You can share this story on social media: