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Monday, April 16, 2012
Naomi Campbell is once more Spotlight blood diamonds
Well the celebrity chat and blogs are bustling with Naomi Campbell, of the Hague to the Netherlands. In addition to the presentation of Ms. Campbell as a naive, that this led to the question of blood diamonds and the harm to the Organization of the nations where they are operated in total, in the press and before an audience who may not know what they were and the destruction of their unleashed.
Dictators like Charles Taylor have used these diamonds to decimate their countries, not only economically, but also socially. They were able to do this because the authorities who control the diamond trade have been unable or unwilling to be very strict with companies that trade of blood diamonds. Of course, there is the Kimberly process, which is an international agreement to control the proliferation of these but these were not very effective.
But the main reason for these merchants of war have been able to treat and prosper in the trade in blood diamonds is because consumers don't really care us where are diamonds we buy (most anyway). I know that this sounds like a firebrand, but believe, if was time to search for the conditions in these torn by African countries, they feel as strongly about it as I do the war.
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Show me another»Blood diamonds?
does anyone know anything about blood diamonds, i just watched that movie and i thought it was the saddest movie i have seen in my life, and i just cant stop crying, i went to the movie web site and they had alot of really good information but does anyone know anything more abut blood diamonds. like if it is slowing down, does america recieve them, and how to stop it. thanks guysss!!
- 5 years ago
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America should not receive these conflict diamonds according to the Kimberly Process. This is an agreement that is backed by the United Nations and requires each of the 69 nations where it is a law to certify that all rough diamond exports are produced through legitimate mining and sales activity.
Your best bet when buying any diamond is to ask for it's certification and proof of the diamond being conflict free. About 40% of the world's diamonds are provided by the De Beers company which ensures that their diamonds are not conflict diamonds. Not all nations adhere to the Kimberly Process and not all diamond suppliers adhere to it either, therefore conflict diamonds still exist. So you do have to be careful when overseas and you think you are getting a good deal on a diamond. Also, at smaller retailers you have to ask who their supplier is and if they adhere to the policy as well.
By the way...Diamonds have a phenomenal mark up due to the great advertising campaign of De Beers. Diamonds are not as rare as people think they are. Although Africa has the largest supply of rough diamonds in the world, there are actually diamond mines in North America, Australia, and Asia as well who provide diamonds to the United States.
Your best bet when buying any diamond is to ask for it's certification and proof of the diamond being conflict free. About 40% of the world's diamonds are provided by the De Beers company which ensures that their diamonds are not conflict diamonds. Not all nations adhere to the Kimberly Process and not all diamond suppliers adhere to it either, therefore conflict diamonds still exist. So you do have to be careful when overseas and you think you are getting a good deal on a diamond. Also, at smaller retailers you have to ask who their supplier is and if they adhere to the policy as well.
By the way...Diamonds have a phenomenal mark up due to the great advertising campaign of De Beers. Diamonds are not as rare as people think they are. Although Africa has the largest supply of rough diamonds in the world, there are actually diamond mines in North America, Australia, and Asia as well who provide diamonds to the United States.
Source(s):
Check out http://www.kimberleyprocess.com/ to get more info.
I was an assistant manager in a fine jewelry department within a major dept. store, a salesperson for a nationwide jewelry store and also in sales within a privately owned jewelry store.
I was an assistant manager in a fine jewelry department within a major dept. store, a salesperson for a nationwide jewelry store and also in sales within a privately owned jewelry store.
- 5 years ago
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- thank you so much, and for those who dont know what it is you should really look it up. its a a bad thing that needs to be totally stopped!!!!!!!
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- i watched it too a few weeks ago
i did some culture studies at university so i already knew something about the issue i swear i would never ever wear a diamond after reading about it
i think of maralyn monroe singing her song so innocently and people flocking to buy them
check out the co cacola sites and mc donalds and nestle they are just as bad , its a wicked world out their- 5 years ago
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- Just tell people to get cubic zirconium. They're just like diamonds, without all the violence.
Here's a picture. You can't tell the difference:
http://www.jcpenneyjewelry.com/res/img/c…
That's the least we can do.- 5 years ago
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- is it slowing down YES there about to elect a free government there now. and the diamonds no longer all have blood on them.you will find in the US most broker try not to buy blood diamonds for the reason that Americans don't want them.
- 5 years ago
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Sunday, April 15, 2012
Seeking to invest in diamonds? Beware
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Diamonds of today are a good investment? The answer is a big no. fat diamonds have not been a good investment for years, infact if you take the Diamond Awards account (inflation adjusted) for 30 years, they have given the dismal returns. Do your research before going to diamond as a viable investment option. The diamonds were used by money launderers to hide natures amount in cash by the authorities of some countries in Europe, South America and Eastern Asia because they are easy to hide and dispose of. These guys Don't care if diamonds are a good investment or not, all they take care of not declaring their evil-acquired or not cash.
Therefore if you are not one of the mentioned persons fore, have a read of this article in the Wall Street Journal and think twice before using diamonds as an investment option. Having said that you need to know that the purchase of a diamond at a good price for its pleasure port is still the most satisfying experience for a woman or a man indeed, and this is how it look a diamond purchase decision.
View the original article here
Diamonds of today are a good investment? The answer is a big no. fat diamonds have not been a good investment for years, infact if you take the Diamond Awards account (inflation adjusted) for 30 years, they have given the dismal returns. Do your research before going to diamond as a viable investment option. The diamonds were used by money launderers to hide natures amount in cash by the authorities of some countries in Europe, South America and Eastern Asia because they are easy to hide and dispose of. These guys Don't care if diamonds are a good investment or not, all they take care of not declaring their evil-acquired or not cash.
Therefore if you are not one of the mentioned persons fore, have a read of this article in the Wall Street Journal and think twice before using diamonds as an investment option. Having said that you need to know that the purchase of a diamond at a good price for its pleasure port is still the most satisfying experience for a woman or a man indeed, and this is how it look a diamond purchase decision.
View the original article here
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Show me another»How do you invest in diamonds?
gold - gld
silver - slv
diamonds? Freeport McMoRan? - wait - that's gold
DeBeers stock?
Is there an ETF for diamonds?
silver - slv
diamonds? Freeport McMoRan? - wait - that's gold
DeBeers stock?
Is there an ETF for diamonds?
- 8 months ago
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Diamonds aren't a commodity like silver and gold. The first problem is that a diamond is priced on the 4 C's (cut, clarity, carat weight, color) and there is a certain amount of judgment in 3 of the 4 of those. Exotic diamonds are not standardized at all so if you have a 40 carat pink diamond, the only way to know how much it's worth is to put it up for auction (obviously there are appraisers who will give you a ball park). There are several different rating services and even within one rating service the reliability of the ratings is not 100%.
The second problem is there is no universal pricing system for diamonds. Thus, a 3 carat, VVS 1, G stone with excellent cut can vary by thousands of dollars depending on where you buy it. There are some standard guides (and if you shop for diamonds of this quality, you want one), but they are not authoritative enough that anybody would want that to be the basis for fund pricing.
Finally, everyone likes hoarding gold, but hoarding diamonds would be a travesty. Diamonds are meant to make beautiful women sparkle and locking them up in a vault and publishing a NAV is just the worst kind of gauche.
The second problem is there is no universal pricing system for diamonds. Thus, a 3 carat, VVS 1, G stone with excellent cut can vary by thousands of dollars depending on where you buy it. There are some standard guides (and if you shop for diamonds of this quality, you want one), but they are not authoritative enough that anybody would want that to be the basis for fund pricing.
Finally, everyone likes hoarding gold, but hoarding diamonds would be a travesty. Diamonds are meant to make beautiful women sparkle and locking them up in a vault and publishing a NAV is just the worst kind of gauche.
- 8 months ago
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- boy - points I never thought about.
Thank you for bringing CLARITY to my mind....
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- Joey's opinions aside, here is a better discussion on the topic:
http://en.wikipedia.org/wiki/Diamonds_as…Source(s):
Investing since 1987- 8 months ago
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