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The diamond market is hot
The diamond market seems to be really going.

Quote article: “”The jewelry market is on a great high and is enjoying a tremendous buzz,” says Rahul Kadakia, head of jewelry for Christie’s Americas, At Christie’s fall auction held last month “The Rose of Dubai”, a 25-carat pink diamond, sold for $6 million – twice its estimated sale price.”

Problems with investing in diamonds

1. Stones are not as liquid as other assets.
2. There is no guarantee the stones will increase in value.
3. There is not buying and selling platform for diamonds, and there do not exist comprehensive certification system for valuing gems.
4. Unlikely to see any profit for at least five years.

Only buy diamonds for love
Quote article: “No one, and I mean no one, should buy a diamond as an investment. I repeatedly told that to clients when I was in the brokerage business and I continue to tell people that now. I remind them that they should own a diamond because they thought it was beautiful and a symbol of their love. They should never buy a diamond for investment purposes.”