diamondbank
Rough_Rock
- Joined
- Feb 6, 2009
- Messages
- 53
John my feeling like yours is that its a matter of taste and as we know tastes are different. But at base as a commodity and within strict standardized categories of certified diamonds. The trading price should be unilateral within those categories and be traded for cash at least for the trade and the investor/private who could add much needed liquidity to the market. The retailer/jeweler he should use the cash market to source to take advantage of cutting out his cost to purchase of the raw material by making sure that he gets the best price available for his demand. He can then add the added value that he is offering to his customer.