Investment Diamonds Again?

I am not sure what, if anything, diamonds have in common with pork bellies, orange juice, and soybeans. Some in the industry, however, insist on trying to commoditize diamonds. I suppose there are premium pork bellies and VVS OJ, and I suppose, too, that there are highly qualified experts who know one pork belly from another. Why we need to transact diamond business like a commodity exchange has not been explained and certainly not been positioned in a way that industry players understand the benefit. When I first joined the jewelry industry, two experiences occurred that come to mind now. In one instance I was walking along 48th Street in New York with an industry colleague. We both were dressed in a corporately appropriate manner in navy suits, white shirts, and the requisite striped ties. We looked like we were employed by Merrill Lynch or IBM. A member of the industry, passing in

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).


Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out