Given the artificiality and capriciousness of diamonds in terms of supply, demand, and profitable viability, not to mention bad publicity of diamonds courtesy of films like “Blood Diamond”, some traders may understandably be leery of the diamond industry. Even further, given the market reliability of gold and silver as opposed to De Beers’ artificially monopolistic control of diamonds, some traders may be wary and skeptical of the thought of diamonds outperforming gold. And while manufactured demand may be demand nevertheless, the bottom line is that as much as diamonds outperform gold in the short-term, diamonds will never be gold.
via Are Diamonds Going To Outperform Gold This Year? – Seeking Alpha.
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