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Diamonds: A better haven than gold?

Posted on 15 May 2013

Are diamonds an investor’s best friend? The collapse of gold prices earlier this spring seems to have been met with a kind of muted elation from those promoting the idea that diamonds, like the precious metal, could become a recognized asset class and another form of haven investment.
It’s perfect timing for the diamond industry: With an exchange-traded fund backed by diamonds due to roll out sometime next year, once it has received the stamp of approval from the U.S. Securities & Exchange Commission, supporters of the idea admit that they need to educate investors in North America on the advantages of diamonds as investments………………………………………Full Article: Source


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VRS - who has written 41272 posts on Opalesque Commodities Briefing.


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