Monday, February 23, 2009

Diamonds are forever

That's right, that marriage might not last, but the diamond will. If you're in the market for a diamond, this is the time to buy. The diamond industry is at a standstill. Large companies like De Beers are cutting production and some are even buying diamonds on the market to reduce the supply.

The most interesting piece of information though is that within 20 years, there won't be any more diamonds in the ground. Finito. That's it. The recession is hitting the industry hard. This is coming from an industry that came up with the right hand ring. Somehow I am not too worried about them. So, what are you buying? Buy as an investment? How about men, the industry wants you to wear more bling.

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