Diamonds and Commodities
An ounce of gold is a commodity. Each ounce of gold bullion is exactly the same as any other in all aspects of its composition. The properties of gold can be controlled and measured to a fraction of a decimal point. Commodities, such as gold, are traded on the stock market and used in commerce because business can rely upon a fixed set of scientifically defined characteristics that will distinguish the commodity as being integral or pure. A diamond does have a chemical composition but, unlike gold, all natural diamonds are unique, varying in shades of colour and degree of inclusion. It is for...
read moreDoes Crystallized Carbon Define a Diamond?
Carbon = Diamond Is that it? Is it all so simple? Does crystallized carbon define a diamond? Can words define an emotion? Does love mean more than L.O.V.E.? Is a scientific description of a diamond 100% correct because it meets a labs set of criteria? Is a diamond ‘forever’? Is a diamond a gift of love or is a diamond just a valuable commodity of ‘white rock’? Tradition has given the diamond a romantic mystique. The investment community categorizes diamonds simply by a list of objective criteria. The jewellery industry walks the definition tight-rope in an attempt to keep the balance....
read moreCanadian Diamonds
Canadian diamonds are the hot item for jewellers in Canada. The retail goal in marketing this luxury product is to maximize credibility, consistency and profitability. Canadian diamonds must be considered an individual retail product line. That product line must be supported by a complete range of product inventory and backed up by product knowledge and guarantees. A consistent and knowledgeable presentation of the product line is necessary to avoid customer confusion. Several brands of Canadian diamonds are available. The retailer can choose one Canadian diamond brand that reflects his...
read moreRough Diamond Export
Breaking News….An agreement has been reached in Kinshasa that will allow rough diamonds to be exported from the two disputed mines in Zimbabwe. The new agreement will remain in place until the next Kimberley Process meeting in 2012. The United States abstained from the vote…Canada expressed strong support for the decision. This positive news may allow NGO’s to continue their involvement with Kimberley participants and this involvement may lead to progress with internal reforms and human rights issues.
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