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Friday, May 30, 2008

Heard On The Street

The world I’m looking at is filled with inconveniences, and inconsistency about prices. People should be looking at diamond prices and questioning them. We are at the beginning of a real roller-coaster ride. If Rapaport’s increase of 25% is frightening, I’m sorry but that is the world we are living in. If gold can go to $1,000, then hit $880, the same thing can happen to diamond prices. That’s why I’m asking people: Please, don’t speculate. The prices on the Rapaport list are the opinon of Martin Rapaport.

- Martin Rapaport

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