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Sunday, April 19, 2009

Luxist Report

Luxist Report: Diamond cartel tries to pull an OPEC
http://www.dailyfinance.com/2009/04/14/the-diamond-cartel-tries-to-pull-an-opec

Diamond prices need to be as natural and transparent as the diamonds themselves. De Beers, Russia and Angola might think they are doing the diamond industry a favor by halting production and stockpiling diamonds, but, in fact, they might be laying the seeds of destruction.
- Martin Rapaport

Useful links:
www.diamonds.net
www.debeersgroup.com

Interesting perspective on diamond pricing.

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