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No need to be martyrs, stand up for your (price) Rights

Have prices of Fancies truly declined in the past week? Not at all. The prevalent list is out of whack with the industry, and that, ladies and gentlemen, is the sad, brutal truth.  My heart goes out to diamond traders the world over. It’s not only that the global economy is whipping them, De Beers and […]

Chinese Caution

China’s current ‘Year of the Dragon’ appears to have lost some of its fire as investors and ‎analysts view China’s economy with increasing caution. Chinese diamond buyers have ‎picked up on that sentiment and are holding back from making large-inventory purchases ‎as global economic concerns deepen and local consumer confidence fades. ‎

Breaking the Concrete Floor

A month ago, we published a column entitled “Fair Warning” which focused on the problematic economic situation ahead. It mostly examined external economic changes, and their impact on the global diamond and jewelry industry. That column was written a few days after the closing of the JCK Las Vegas show. Following the show, about 80% […]

Supply Versus Profit

The first half of 2012 ended in a state of despair for the diamond industry. Prices have ‎softened and trading is muted all around. De Beers and ALROSA have reduced supplies but ‎maintained high prices, despite that liquidity in the manufacturing sector has tightened.‎

How I’m Not Moderating the Panel of A Lifetime

At first glance, the details were promising. The Asia Diamond Trading & Investment Summit 2012, to be held in Shanghai in October, has all the ingredients for a fascinating conference on a topical issue – diamonds as an investment opportunity.  The themes of the two-day conference include “Understanding the global investment diversification – balancing the risk and reward [sic]” […]

Trust and Verification

Diamonds are a very complex product due to their high degree of quality and price differentiation. There are thousands of shape, size, color, clarity and cut combinations traded in markets with restricted price and availability information.