GREY:SWYDF - Post by User
Post by
crazytownon Oct 25, 2011 5:57pm
215 Views
Post# 19180731
RE. Rough diamond prices soar????
RE. Rough diamond prices soar???? Your kidding right? If you believe that, implying that Harry Winston and others have suddenly deferred diamond sales because the rough market is booming, maybe someones got a bridge to sell you. Take your pick, Brooklyn bridge, London bridge, how bout the Eiffel Tower, special deal if you take all three. "De Beers.... has kept its prices stable in the past three months, while rough dealer trading has come to a near standstill as buyers continue to push for deeper discounts. Goods sold by the Diamond Trading Company (DTC), De Beers sales and distribution unit, are being offered for resale on the secondary market at estimated discounts of around 15 percent, Rapaport Research has showed." By Avi Krawitz Interesting dicotomy, don't you think. Just my opinion, good luck to everyone. ps. landlubber, hope you are not under water.