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Sunday, September 20, 2009

Real Diamond Stories

We relied on diamonds, and they betrayed us.
- Vilas Khoyani

It is possible to pull too many diamonds out of the ground and cut and polish too many of them and try to cram them down the gullets of the American customer. It’s like making foie gras. You wind up with a very unhappy goose.
- Christopher Ellis

This wasn’t just a bubble, this was a balloon, a hot-air- balloon explosion. We were living a fairy tale for the last 10 years or so, and you can’t do that.
- Jon Bridge

We are deeply in this -- in a recession -- and it’s going to take a long time to get out of it.
- Warren Buffett

We took a cash cow and turned it into a credit pig.
- Martin Rapaport

There is a growing realization that the government won’t be able to spend at the levels it has. Everyone knows that diamonds are not forever.
- Razia Khan

People are reluctant to be seen purchasing luxury goods. Previously we relied on the feel-good factor. Now even people with the money have the feel-guilty factor stopping them from buying.
- Johann Rupert

Useful links:
www.diamondwww.com
www.gjepc.org
www.consensusadvisors.com
www.awdc.be
www.igcgroup.com
www.debswana.com
www.debeersgroup.com
www.jewelersboard.com
www.benbridge.com
www.helzberg.com
www.diamonddistrict.org
www.oroalexander.com
www.antwerpen.be
www.diamantkring.org
www.diamonds.net
www.jcklasvegasshow.com
www.vibrantgujarat.com
www.suratmunicipal.org
www.labourandemployment.gov.in
www.kimberleyprocess.com
www.afdb.org

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