Diamond Market Update

Industry analysts believe 2008 will be a tough year for the trade + jewelry sector due to war in Iraq, Afghanistan, elsewhere + the credit crunch caused by a major downturn in the housing market + Diamond Trading Company’s (DTC) just revised sightholder list + the high gas/metal prices + high labor costs + demographics shift + I think the ones that are going to survive are the ones with good brands/customer base + cash flow.