Diamonds are apparently going to be the new gold, according to Bloomberg.

Diamond prices are poised to rise for the next four years, outpacing gold, as increased spending on luxury goods in China, India and the Middle East outpaces supplies of the precious stone, analysts said.

Read more: http://www.vancouversun.com/business/Diamond+prices+likely+outpace+gold+Asia+spending/5918773/story.html#ixzz1iK7bsreB

On January 2nd, 2012, posted in: Diamonds by

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