In depth look at diamond prices and other news

[strmrdr]

Interesting article.
http://www.idexonline.com/portal_FullNews.asp?id=31714

Speculation about who is going under damages industry.
http://www.idexonline.com/portal_FullNews.asp?id=31715

Online sales in the Jewelry & Watches product category fell 24 percent in the holiday season

http://www.idexonline.com/portal_FullNews.asp?id=31710

 

[strmrdr]

Here is the Jan pricescope price chart.

 

[Upgradable]

Storm, you''re a gem in and of yourself!! This community would be much, much poorer without you!!!!

 

[strmrdr]

Date: 1/5/2009 8:15:51 AM
Author: Upgradable
Storm, you''re a gem in and of yourself!! This community would be much, much poorer without you!!!!

*blush*
Thanks!!!

 

[Gayletmom]

Thanks, Strmrdr. As someone who is looking to buy later this year, I am following your posts re prices particularly closely! I appreciate the info.

 

[Lorelei]

Date: 1/5/2009 8:18:31 AM
Author: strmrdr

Date: 1/5/2009 8:15:51 AM
Author: Upgradable
Storm, you''re a gem in and of yourself!! This community would be much, much poorer without you!!!!

*blush*
Thanks!!!

BIG ditto to that!!!

 

[CharmyPoo]

Sorry, I am a little slow or too lazy to take the energy to really analyze the numbers. What does this mean to the consumer?

Less than 2ct - buy now as it has steadied

More than 2ct - buy in a few months, it may drop a bit more

Is this correct? Incorrect?

 

[strmrdr]

Date: 1/5/2009 8:40:19 PM
Author: CharmyPoo
Sorry, I am a little slow or too lazy to take the energy to really analyze the numbers. What does this mean to the consumer?


Less than 2ct - buy now as it has steadied


More than 2ct - buy in a few months, it may drop a bit more


Is this correct? Incorrect?

no one really knows for sure. The idex numbers don''t agree with PS numbers.
I think large diamonds will continue down but don''t know about smaller ones in the near future.
My gut feeling is they haven''t hit bottom yet because the downturn is just starting.
More here:
https://www.pricescope.com/community/threads/prices-prices-prices-the-bottom-is-near-for-ordinary-folk.103798/