Premium News Analysis: The World’s Second Largest Diamond Bank ‘ADB’ was purchased by the Chinese company Yinren Group with Diamond Interests, International Trade, and Real Estate businesses. This Purchase is very revealing as to where future profits will be earned by investors with foresight.
We will look at what tomorrow bodes for the entrepreneur by examining investments others make today.
Reference: http://www.france24.com/en/20131219-chinas-yinren-buys-worlds-second-biggest-diamond-bank/
The KBC Group NV which owned the Antwerp Diamond Bank decided to sell it to the Yinren Group. The new Buyer has interests in Brazil, Hong Kong and Mainland China. As such, it is looking to take Diamonds to a New Level: “De Facto Currency For International Trades” some people suggest. This probability has been enhanced by the popularity of the “Phantom Currency”: ‘Bitcoin’.
Since the Monies of Most Nations are not supported by Physical Assets such as Precious Metals, they are merely paper and ink, nothing more. The “Good Faith And Credit” of the Nations (with the printing presses) is a Marketing Apparition of Economic Merit.
Diamonds offer Historic Sustained Value due to their Portability (Lightweight and Small), Longevity (“A Diamond is Forever”) , and Rarity (Gem Quality). The Psychological Appeal is the Aesthetic ‘Sizzle’ they have for Man; which adds to their value
As more Diamonds come to market, especially the “Meteor Diamonds” of Siberia, Russia (which are of an even higher quality) their numbers may be suitable for ‘De Facto Currency”. For use in International Commodities Trades or ‘Big Ticket’ Purchases such as aircraft or ships they may be suitable.
“Bitcoins” are anonymous, so too are the bulk of Gem-Quality Diamonds. Gold and Platinum, and Silver typically have International Hallmarks to support their authenticity; “All that glitters is not Gold”. Diamonds are Anonymous to humans since most are not Laser Etched. Many who want to keep their transactions discrete will want to consider using Diamonds as the Medium of Trade.
As the Diamond Market evolves into a De Facto Currency, the Chinese have made a “Smooth Move” in buying ‘ADB’ . They can use it to facilitate Diamond Financing, Mining, and Polishing as never before.
The Electronic Diamond Analysis Equipment coming on the market will make Quality Analysis very simple for both Buyers and Sellers.
Smart people with foresight can see that as another Form of Barter, Gem Quality Diamonds will have an even greater value than at present.
Reality.