Chaim Even Zohar Viewpoint

Chaim was spot on. The diamond industry is an oligopoly with a handful of corporate players. The whole concept of continued global generic diamond promotion is still a great idea, but at the end of the day it's all about money, results and leadership.

Useful links:
www.diamondintelligence.com
http://eng.alrosa.ru
www.debeersgroup.com
www.dtc.com
www.riotinto.com
www.bhpbilliton.com

Diamond Consumption

Chaim Even Zohar's viewpoint on diamond jewelry consumption was interesting. According to Chaim, China, India and Japan together could become the next diamond consumption giants in less than a decade. This would profoundly impact virtually every diamond company in the market. Stay tuned.

Useful links:
www.debeersgroup.com
www.dtc.com
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

Chaim was spot on. These are days of hope and expectation.

Useful links:
www.diamondintelligence.com
www.debeersgroup.com
www.dtc.com
www.angloamerican.co.uk

Chaim Even Zohar Viewpoint

Chaim made a very interesting point. I love your posts and looking forward to read more from you. Thanks Chaim.

Useful links:
www.antwerpdiamondbank.com
www.diamondintelligence.com
http://ec.europa.eu

Chaim Even Zohar Viewpoint

Chaim's viewpoint on Freddy Hanard. CEO, AWDC, was interesting. He may be the right person at the right time. I wish him all the best.

Useful links:
www.antwerpdiamondsymposium.com
www.awdc.be
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

Everyone has his or her little angle to look at events. It’s quite telling to see that all the erstwhile committed cartel members are now increasingly moving away from having just a long-term steady clientele to some form of tender system. All of these things occurred in a relatively short timeframe. Chaim was spot on. Diamond business have no permanent friends and no permanent enemies. Only permanent interests, period.

Useful links:
www.riotintodiamonds.com
www.argylediamonds.com.au
www.argylepinkdiamonds.com.au
www.diamdel.com
www.dtc.com
www.antwerpdiamondsymposium.com

Chaim Even Zohar Viewpoint

Chaim was spot on. The Kimberley Process has become visibly included. Sad, really. Visit the Avaaz.org website.

Useful links:
www.diamondintelligence.com
www.kimberleyprocess.com
www.avaaz.org

Chaim Even Zohar Viewpoint

Nothing was more telling than this turkey story. Sign of the times, I guess.

Useful link:
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

A beautiful tribute to Madhu Mehta of Jayam Manufacturing. May his soul rest in peace! Thank you Chaim.

Useful link:
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

Chaim's viewpoint on Professor Dina Siegel was interesting. Check out her most recent academic study, titled 'The Mazzel Ritual: Culture, Customs and Crime in the Diamond Trade'.

Useful links:
www.diamondintelligence.com
www.uu.nl

Chaim Even Zohar Viewpoint

Chaim was spot on. Consumers are downsizing. They prefer to buy affordable diamonds. What this means for holiday season? Nobody knows.

Useful links:
www.diamondintelligence.com
www.abnamro.com
www.antwerpdiamondbank.com

Chaim Even Zohar Viewpoint

Chaim's viewpoint on the state of the diamond market was interesting. The current economic crisis may have caused a power shift. It would be interesting to watch De Beers, Bostwana and Russia and their strategy of choice in current economic crisis.

Useful links:
www.debeersgroup.com
www.debswana.com
www.dtc.com
http://eng.alrosa.ru
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

Chaim's opinion piece was insightful. Gem shows bring more hype than action. More than half of the worldwide diamond jewelry retail sales are still finalized in the U.S. Hard to believe but true.

Useful links:
www.gfms.co.uk
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

Chaim Even Zohar's viewpoint on legal rough diamond marketing issues confronting Debswana, Botswana Government, and the international rough dealers was educational and insightful.

Useful links:
www.debeersgroup.com
www.dtc.com
www.debswana.com
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

Chaims views on diamonds as investments was interesting. The theory is the absence of new major mine discoveries will lead to a dwindling of new diamond supplies. The investors believe there is no way they can lose out under these circumstances. Only time will tell.

Useful links:
www.oecd.org
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

I thought Chaim's views on ABN AMRO Bank/International Diamond and Jewelry Group (ID&JG) restructuring was educational and insightful. How do they affect the diamond industry? Only time will tell.

Useful links:
http://idjg.abnamro.com
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

I think Moti Ganz, President, International Diamond Manufacturers Association (IDMA) has opened a Pandora’s Box. It's about diamond weighing practices. Diamond traders pay diamond grading laboratories some $250 million a year for certification. To this one must add shipping costs, administrative costs, insurance and interest payments on the time that is lost as the stone is taken out of the normal selling cycle. Now according to Moti why should the industry lose an additional $100-$135 million because of the how-many-decimals-after-the-point issue. Maybe he is right on this point. Many in the industry may not have thought about it. Thanks Chaim for highlighting the issue.

Useful links:
www.idma.net
www.cibjo.org

Chaim Even Zohar Viewpoint

Spot on. I think most diamond traders don’t care about the Kimberly Process, really. In my opinion the KP mechanism is visibly included. The twig is bent so shall the tree grow.

Useful links:
www.kimberleyprocess.com
www.diamondintelligence.com

Chaim Even Zohar Viewpoint

Spot on Chaim. Lack of action will damage both KP (The Kimberley Process Certification Scheme) and the diamond industry, and impact consumer confidence. It's a catch-22 situation.

Useful links:
www.kimberleyprocess.com
www.riotinto.com
www.acrplc.com
www.worlddiamondcouncil.com
www.globalwitness.org

Chaim Even Zohar Viewpoint

It is hard to fully understand what is happening to many diamond companies in India and elsewhere when they mess up with diamond financing banks/financial institutions. The troubles created by a handful of players could adversely impact the exemplary record of the industry. Thanks Chaim for reporting the issues.

Useful link:
www.diamondintelligence.com