Post by bygsky on Oct 1, 2005 7:56:02 GMT -6
Diamond Shortages..Emerging Economies.
First let me say thanks for letting my join this room. It is truly an ALL-STAR cast here.
I read Tramp's post about diamond shortages and the fact it is growing yearly. I agree. I believe that it is a controlled shortage to control supply/demand and running prices up.
Much has been said about the emerging economies of China and India. Whether they like it or not, they are becoming capitalists in that regarding. The money will flow.
People with money like to flaunt it and they will be no different. As the economies of China and India (and not just the IT support) grow, they will want the same things that their "western" friends want....decadant lifestyle with all the trimmings.
I have heard Rio Tinto...and BHP. We have talked about a DeBeers hostile takeover attempt. Do you know what company is involved with DeBeers? A company dealing in diamonds and gold?
AAUK - has anyone done any DD on Anglo American..I believe they have a foothold in China already but am continuing my DD.
Ateyate...you do some great claims stuff. Thanks.
To all of the All - Stars here...thanks. This is my first post. Might be my last for a while...I am on hiatus. But I can see that this is the place to lurk and find the real information.
THanks
Byg
First let me say thanks for letting my join this room. It is truly an ALL-STAR cast here.
I read Tramp's post about diamond shortages and the fact it is growing yearly. I agree. I believe that it is a controlled shortage to control supply/demand and running prices up.
Much has been said about the emerging economies of China and India. Whether they like it or not, they are becoming capitalists in that regarding. The money will flow.
People with money like to flaunt it and they will be no different. As the economies of China and India (and not just the IT support) grow, they will want the same things that their "western" friends want....decadant lifestyle with all the trimmings.
I have heard Rio Tinto...and BHP. We have talked about a DeBeers hostile takeover attempt. Do you know what company is involved with DeBeers? A company dealing in diamonds and gold?
AAUK - has anyone done any DD on Anglo American..I believe they have a foothold in China already but am continuing my DD.
Ateyate...you do some great claims stuff. Thanks.
To all of the All - Stars here...thanks. This is my first post. Might be my last for a while...I am on hiatus. But I can see that this is the place to lurk and find the real information.
THanks
Byg