The problem with diamonds, unlike stocks and commodities, is that there is no price discovery or liquidity in diamonds. We, at Liquid Diamonds, are looking to change that :)
Contact me on LinkedIn if you are seriously interested in pursuing something like this :) We, at Liquid Diamonds, are building an online exchange for naturally mined diamonds; think Nasdaq for diamonds.…
Because mined diamonds have at least some resale value compared to the lab grown diamonds prices - which are a race to the bottom.
The article does a good job of pointing out issues with the diamond industry including margins getting smaller due to consolidation in the space and lack of financing. However, a couple of points are just old and mute…
Question: Why would I spend a pretty penny on a lab grown diamond where the prices are a race to the bottom. Yes, I do agree that I'd probably lose 20 cents on my dollar as soon as I buy the diamond even if I did my…
The problem with diamonds, unlike stocks and commodities, is that there is no price discovery or liquidity in diamonds. We, at Liquid Diamonds, are looking to change that :)
Contact me on LinkedIn if you are seriously interested in pursuing something like this :) We, at Liquid Diamonds, are building an online exchange for naturally mined diamonds; think Nasdaq for diamonds.…
Because mined diamonds have at least some resale value compared to the lab grown diamonds prices - which are a race to the bottom.
The article does a good job of pointing out issues with the diamond industry including margins getting smaller due to consolidation in the space and lack of financing. However, a couple of points are just old and mute…
Question: Why would I spend a pretty penny on a lab grown diamond where the prices are a race to the bottom. Yes, I do agree that I'd probably lose 20 cents on my dollar as soon as I buy the diamond even if I did my…