Investing in diamonds versus investing in gold
People have been investing in gold for decades. It’s a commodity that’s easy to follow on the market, there’s a lot of information available on the internet, and any banker can help you with it. But have you ever thought about investing in diamonds?
Diamonds are a fantastic investment commodity for a variety of reasons. They’ve already proven throughout time that they’re highly secure, as they offer protection against the credit risks of financial institutions, currency fluctuations, and inflation.
They offer long-term profitability as the demand continues to increase while the supply is slowly decreasing. That’s mainly due to limited natural resources and the existing boundaries in technology that often prevent further mining in some diamond mines.
Don’t forget the exceptional emotional value of diamonds, which we’ve seen over the past decades or even centuries. In particular, from the moment it was discovered how to maximise brilliance by cutting diamonds in specific ways.
Last but not least, the durability of a diamond and the fact that it can be easily stored away make it an incredible asset like no other.