Post by
woundedknee on Mar 24, 2009 11:38am
reason
Just got in and basic reasoning is this. This has very little downside and Kinross coming on board gives
them credibility and some much needed expertise.
Having said that, this is still some of the old "aber" which was a market darling at one time. Also, like gold, diamonds
are somewhat of an inflation hedge.
Good luck to all
Comment by
blackbart26 on Mar 24, 2009 11:50am
Also, like gold, diamonds are somewhat of an inflation hedgeDuring the 1970's inflation, diamonds far outperformed gold.