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Yahoo article on Manhattan Diamond dealers.

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diagem

Ideal_Rock
Trade
Joined
Oct 21, 2004
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4,929
Like i said numerous times before....
The industry is changing from a primitive business to a more creative modernized business...

Obviously, since the world is getting smaller (comunication-wise), the place for "brokers" is diminishing.
Businesses that are working solidly require office space and handle everything in-house. the need for a trading floor is becoming minimal so trading floors are becoming social clubs for our elderly (which is important too).

I dont agree with the paragraph that a diamond cutter says "People know there is less business". On the contrary, there is quite more business that before..., it just shifted to the hands of professionals. Cutters that are up to date with cutting procedures cant produce enough to meet demand!!!
 
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