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Are diamonds the next ‘gold’? GemShares planning diamond index

Posted on 10 August 2012

Everyone knows that gold is one of the most prolific commodities of all time, as its store of value has been coveted by people across the world for centuries. But another commodity is equally as popular among the wealthy though its presence is relatively unknown.
Diamonds are an extremely lucrative hard asset that may soon become the next big commodity given a recent filing. GemShares, a Chicago-based firm is expected to secure a patent to create an index for diamond pricing which can then be applied to futures contracts and ETFs and so on………………………………………..Full Article: Source

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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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