![]() Diamonds are a brilliant solution for a stable investment that can be counted upon. The price of diamonds is not determined within a free open market price, diamonds are regulated by the industry since the introduction of a uniform regulatory system in the last 80 years, the prices of diamonds are valued using the Rapaport weekly price index. Hardly any other purchasable commodity can look back over the last 100 years and record a steady growth with constant value stability such as diamonds. However, as in every industry there are exceptions; namely that of the great diamond rush of 1979. Fuelled by purchases from Japanese banks 1ct D / IF blocks for private investors, the price rose in a short time to over 100% market adjustment despite control attempts by De Beers. When the bubble finally did burst, the price fell back to its initial value recorded before the event. Incidents such as these make this specific market so interesting, they are rare, yet very exciting to experience. |