I've read a number of accounts of people using diamonds as a method of moving wealth around. I am not familiar enough with the market to know if there is any value in doing so. Anyone sock away diamonds as a store of wealth? If so, how did you learn about the market? Thanks for sharing.
I have not heard of too many people stashing away diamonds as a form of investment. But now that I am thinking about it, I haven't really researched if people are doing this. I have researched how people stash away gold, silver, and even copper for future wealth or investments. I have always thought that diamonds are more for a fashion sense, wearing it on jewelry and the likes. Because of this, I figured diamonds are way over priced because people just want them for the show of it. And if diamonds are overpriced, it wouldn't make sense to buy them and stash them away. It may be worth looking into to see if this is a viable means of investment.
