Comments on: Is there any financial instrument to “short” diamonds? I.e., bet that diamond (jewelry) prices will fall? http://diamondjewelryblog.net/2008/05/04/is-there-any-financial-instrument-to-short-diamonds-ie-bet-that-diamond-jewelry-prices-will-fall/ Tue, 07 Sep 2010 01:58:58 +0000 http://wordpress.org/?v=2.6.3 By: Frank Castle http://diamondjewelryblog.net/2008/05/04/is-there-any-financial-instrument-to-short-diamonds-ie-bet-that-diamond-jewelry-prices-will-fall/#comment-146 Frank Castle Sun, 11 May 2008 04:58:22 +0000 http://diamondjewelryblog.net/2008/05/04/is-there-any-financial-instrument-to-short-diamonds-ie-bet-that-diamond-jewelry-prices-will-fall/#comment-146 No. Top 3 Answerer in Business & Finance. (Vote for me) No.

Top 3 Answerer in Business & Finance. (Vote for me)

]]> By: gailforce_wind http://diamondjewelryblog.net/2008/05/04/is-there-any-financial-instrument-to-short-diamonds-ie-bet-that-diamond-jewelry-prices-will-fall/#comment-145 gailforce_wind Thu, 08 May 2008 18:09:26 +0000 http://diamondjewelryblog.net/2008/05/04/is-there-any-financial-instrument-to-short-diamonds-ie-bet-that-diamond-jewelry-prices-will-fall/#comment-145 Precious stones don't have an open market on which to treaded, there are merely bought and sold in closed end transactions. If you could syndicate a large quantity of stones, like mining companies like De Beers does, you could manipulate or profit from price differentials. But without a free trading floor, there is no way to short sell stones. Precious stones don’t have an open market on which to treaded, there are merely bought and sold in closed end transactions. If you could syndicate a large quantity of stones, like mining companies like De Beers does, you could manipulate or profit from price differentials. But without a free trading floor, there is no way to short sell stones.

]]> By: Dax http://diamondjewelryblog.net/2008/05/04/is-there-any-financial-instrument-to-short-diamonds-ie-bet-that-diamond-jewelry-prices-will-fall/#comment-144 Dax Tue, 06 May 2008 16:45:09 +0000 http://diamondjewelryblog.net/2008/05/04/is-there-any-financial-instrument-to-short-diamonds-ie-bet-that-diamond-jewelry-prices-will-fall/#comment-144 There is not. Unlike gold/silver, diamonds are very abundant. Their price is manipulated and controlled by DeBears. I would not invest in any type of instrument such as you are describing. Debears regularly adds/subtracts from the market for specific types of stones depending on what challengers are trying to do. Ie if a country tries to sell diamonds outside of Debear's pricing mechanisms/controls. You could easily get killed with such an instrument. There is not. Unlike gold/silver, diamonds are very abundant. Their price is manipulated and controlled by DeBears. I would not invest in any type of instrument such as you are describing.

Debears regularly adds/subtracts from the market for specific types of stones depending on what challengers are trying to do. Ie if a country tries to sell diamonds outside of Debear’s pricing mechanisms/controls. You could easily get killed with such an instrument.

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