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The Diamond Industry in 2005

P: 1/18/2005 2:32:51 PM
Pricescope Administrator Total Posts: 8,265 Last Post: 1/5/2008 Member Since: 1/1/2000	Many thanks to Paul for his update on the industry status: http://journal.pricescope.com/Articles/10/1/The-Diamond-Industry-in-2005-.aspx Pricescope
Posted: 1/18/2005 2:32:51 PM

There are 2 replies to this message. There are 2 replies on this page.

P: 1/18/2005 6:36:32 PM
Mara Ideal Rock Total Posts: 27,893 Last Post: 11/20/2009 Member Since: 10/30/2002	Boo on the price hikes! Leonid I love the journal section!! More articles! ________________________________ "Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein
Posted: 1/18/2005 6:36:32 PM

P: 1/20/2005 1:07:07 AM
RockDoc Ideal Rock Total Posts: 2,509 Last Post: 6/17/2007 Member Since: 8/16/2000	Dear Leonid... Certainly this is a very interesting article by Paul and your posting of it is commendable as well. None of us knows what will really happen in the future until it does. Unfortunately, while the experts may own crystals, none of them is really a working crystal ball. When I think about the future, with the changes in grading by GIA and AGS, I wonder if our industry might not make the same mistake Coca Cola did when they tried to market their new formula. What is even worse is the actions of De Beers, and it seems like the wrong time to do what they are doing. The world is in an economic turmoil with interest rates, the economy, the wars we are involved in, as well as potential wars that may develop. But prices are going up in all areas, a lot of it due to increased gas costs, like shipping and some companies raising prices to sustain the levels of cash flow due to decreasing sales. But some industries are lowering prices, so its sort of a confusing mess for consumers. Guess we have to wait to see what happens and how the public will react to the oncoming changes. Rockdoc Bill Leiberum 1948-2007 Thanks for everything and Rest In Peace,Bill.
Posted: 1/20/2005 1:07:07 AM

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