Will Natural Coloured Diamonds Be Tomorrow’s Gold Standard?
It might be a bit tough to envisage but it could well happen. With the major economies not having a great deal of reserves where gold is concerned, if the gold standard which was abandoned in 1971 were to be brought back, the price to gold would rise to phenomenal heights. That might not be a welcome event for any of the economies that matter.
There is one thing however that has continued to trade in hard cash over the years and that is natural coloured diamonds. They have proved to be a great asset accumulation tool with most of the natural coloured diamonds being snapped up not for jewellery but for investment purposes. There are some incredible rare coloured diamonds and there are some which are available for a thousand or more dollars so they are something everyone can afford.
Tags: coloured diamonds, Diamonds
