Excellent Article: Diamonds in Todays Context

[Garry H (Cut Nut)]

I have resold in India and done fine, in part because the margins are low enough that if you wait and are patient and so can accept consignment, you can get a pretty good amount of your money or even recoup more than you paid depending on market prices. So it is a decent (though imperfect) store of value, but the returns you make are way lower than inflation, so you don’t make a real return.

Great explanation AllAborad, thanks.
The women's dowry possession thing makes so much sense too.
The gold bangles half way up to the shoulder!

 

[Texas Leaguer]

He is a nice guy - and clearly a brilliant wordsmith

Not only is he a brilliant scientist/mathematician and a very nice guy, his enthusiasm for diamonds is infectious!