2006-09-06 16:25:58 · 6 answers · asked by robert p 1 in Business & Finance ➔ Investing
John hit it right on the head.....are you crazy?!?! If the pros can't tell the difference, hows anyone else suppose to? And they're made like rock candy.......get over em'!
2006-09-06 20:15:40 · answer #1 · answered by jazzzame 4 · 0⤊ 0⤋
No not even close but feel free to ignore me. My own kids do it all the time. Then they regret it later.
diamonds are NOT an investment. They are minerals. OK I over simplified. Lets back up a little. The technology for making fake diamonds is great. So good in fact that even a good gemologest will have trouble telling them apart. In fact the only real give away to the fake is that its so perfect.
Now do you really want to get into an industry that has counterfiets that are better than the real thing? If your an established broker or miner fine. But to start now? I think I'd look for a better investment that offered a better return for the risk. Its not going to be hard to find something that beats diamonds.
If some salesmen is pitching pie in the sky numbers to you, don't walk, RUN
2006-09-06 23:40:52 · answer #2 · answered by john d 3 · 1⤊ 0⤋
NO....if you think that diamonds are a good investment...go to a finance site..and type in AAUK......it's a gold company that owns a large share of DeBeers ....
you can have your diamonds and you get gold on top of that
Do your research....both gold and diamonds -and this stock has both-are speculative investments....but this is a far, far better play than [supposed] cmkm diamonds
2006-09-07 00:42:26 · answer #3 · answered by Gemelli2 5 · 0⤊ 0⤋
I'm afraid that the other people who answered your question misunderstood it.
The company called CMKM Diamonds Incorporated is a scam, as evidenced in the link below.
If anything, you should try to profit from the stock going down, not up.
For more information on all this, the second link is to my website.
Let's make money!
Good luck
Marc
2006-09-07 10:36:42 · answer #4 · answered by Marc H. Mayor 2 · 1⤊ 0⤋
If you can purchase wholesale - otherwise, very difficult - also hard to get investment grade diamonds, which should be over 1 carat, color = D or better, maximum vsi, no inclusions.
2006-09-06 23:28:29 · answer #5 · answered by Anonymous · 0⤊ 0⤋
perhaps you can try forex. which is also excellent way for you to invest.
The FOREX or Foreign Exchange market is the largest financial market in the world, with an volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another.
try forex from here:
http://www.bernanke.cn/easy-forex/
Good Luck && Wish you make a fortune!
2006-09-07 01:46:53 · answer #6 · answered by stock_trade_expert 3 · 0⤊ 0⤋