Anyone know if the polish diamond market will go up or down??

[belindahwang]

Hi, does anyone know if the polish diamond market will go up or down in the near future?? How about Valentines week? will that boost the diamond market a bit?

Thanks

 

[Todd Gray]

The course on Insider Trading 101 dictates that those of us in the trade not answer so that we don''t give away any trade secrets revealed by our magic crystal ball

Seriously, nobody can predict the up''s and down''s of the diamond market any more than they can predict what is going to occur with the stock market. However there is a handy little chart located on the front page of this web site which provides a reflection of the diamond market from 2007 forward which can be used to determine whether there has been any rhyme or reason with regards to fluctuations with the global diamond market...

 

[Garry H (Cut Nut)]

I would add to Todd''s wisdom by saying the big mining companies and Chaim Evan-Zohar do long term studies and the vibe is that there have been too few mines discovered (takes about a decade to bring one online) to keep up with new and growing demand from the china, India, Brazil and Indonsian type nations.

 

[Rockdiamond]

I concur with Garry.
My cutters have been telling me that rough is very difficult ( expensive) to buy over the past year