How to Purchase Diamonds in Free Fire With Live Report Today

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It is well known that diamonds are one of the rarest minerals on earth, but according to current industry insights, there is a massive oversupply in this market about Purchase Diamonds. We have managed to get our hands on some statistics from our secret source at the diamond mines. The results are pretty shocking.

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  • The total supply in 2011 was 300 million carats, of which 200 million went towards diamond jewellery. The remaining 100 million carats were lost in the mining process or just thrown away as industrial waste.
    The statistics from 2012 are even more shocking: 400 million carats, 300 going to jewellery, and the remainder used for industrial purposes such as cutting tools.
  • In 2013 we found a total supply of 500 million carats, 400 of which went to jewellery, and the rest was used for industrial purposes.
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  • Industry experts predict that this trend will continue with a total supply of 800 million carats in 2014 – 750 going to jewellery and 50 million used as industrial waste.
  • It is more than clear that there is no shortage of diamonds on earth. The diamond mines can produce as much as they want without fearing a deficiency in the future. When asked, mine owners confirmed these suspicions.
    “We can easily increase production by up to 15-20% every year”, says my Owner Jos van der Biesen from Gem Diamonds NV from Antwerp, Belgium. “Diamonds are not rare, and there is no need to limit production. Diamonds are too cheap these days.”
  • According to him, it is the current diamond prices that are unnatural. “I don’t know how this price-hike started in the first place… I sell my diamonds for 5 Euros per carat, but people on the street are still willing to pay 100 Euros per carat.”
  • Although Van der Biesen and other diamond mine owners are willing to increase production, it is not in their best interest. The distribution cartel artificially inflates the current prices of rough diamonds. Mining companies such as Gem Diamonds NV cannot sell their product on the open market without intermediaries and high-level distributors.
  • “We cannot do anything about the prices and market demand,” says Van der Biesen. “Just a handful of cartels dominates the distribution, and we don’t have a chance to reach these people.”
    Diamonds are one of the most profitable businesses globally, but for this very reason, hardly anyone dares to speak up about these issues.
  • Increased prices typically result in lower demand
  • We spoke to mining companies such as DeBeers and Anglogold Ashanti, but both declined to comment on the industry insight. The Internation Diamond Manufacturers Association didn’t even bother to answer our e-mails or phone calls…
  • The main question is, of course, why people are still buying diamonds when it is so easy to get them for a much lower price.
  • We spoke to a handful of people on the street and got a few different answers… Mostly, diamonds are seen as a status symbol, something rich people use to show off their wealth – just like gold is used for this purpose by wealthy individuals from countries such as India or China.
  • Another reason is that customers trust the “4C’s” diamond rating system, which the distribution cartel developed to promote confidence in diamonds. The 4C’s refer to Cut, Clarity, Color, and Carat weight, and even though they do not indicate rarity or real value, most consumers believe it is a good quality indicator.
  • “I prefer to stay away from these shady characters on the street who sell their wares for 10 Euros per carat”, says Ellen Giesberts, a housewife from Amsterdam. “It is far safer to buy diamonds through my local jeweller. He must have some license or trade regulation I can trust.”
  • Ellen Giesberts is not alone in her quest for safe and expensive diamonds. Investor confidence in the diamond industry has been boosted after U.S. Federal Reserve Chairman Ben Bernanke announced another round of Quantitative Easing in November 2013. Diamond prices surged to a record high when the announcement was made that month, with investors flocking to the stock market to invest in high-grade diamonds. This caused a sharp increase in diamond prices, with 1 carat costing upwards of 600 Euros.
  • However, the price surge was short-lived as prices dropped sharply when investors found out that this would not prevent another financial crisis from occurring later on. Diamonds quickly lost their value but are now on the rise again.
  • “There is still demand for diamonds, even if cheaper alternatives are available,” says Diamond Expert Rick van der Noot from Angara Diamonds. “Diamonds are like gold to some people, and they feel safe when they hold these stones in their hands.”
  • Van der Noot does not expect diamond prices to skyrocket in the future. “Diamonds aren’t forever, and they have a long-term outlook just like gold does.”
  • In any case, diamonds are still being bought for record prices by investors worldwide who see them as a safe way of storing their wealth. In this regard, nothing has changed at all…
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The distribution cartel is working hard to maintain confidence in diamond investments. For now, they seem to be succeeding at this task with relative ease.
The only question remains whether diamonds are worth their high price tag or if people would be better off investing in something else? As for me, I’ll take my chances on goal.

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