meaning the owner

I found the diamond output for small and medium-CEO from June 1998 to the alluvial diamond mine in South Africa. The other day I heard someone explain that he wants to buy his wife a diamond ring, but went to another jewel of the price. What amuses me is it possible that diamonds are so expensive in the store? The same man turned to me and said:

"They (meaning the owner) should be very pleased with the increase in diamond prices over the past 5 years!"

I turned around and went to the weather, cultured pearl, because we are not satisfied, until now! You see, even if Diamond has raised prices for consumers in 6-8 years, with giant strides, the manufacturer has increased very little in price, we'll see! In contrast to the price of diesel was $ 0.23 in 1998, and now we are paying $ 1.52 in 2008 (an increase of 565%) remained fairly stable in diamond prices for the producer.

Here's an example:

In late 1999, we discovered, 22ct, I color, almost flawless diamond, which was sold in early 2000 for $ 5681.81/ct. In early 2008, we found another 22.76ct, I color, almost flawless diamond (shape as well or better than in 1999, and it was as much as you want, ideally suited for comparison). This diamond was sold in mid-2008 for $ 6533/ct.

This is an increase of 15% compared to 9 years. This is not good in math for each company, so the hundreds of medium-sized mines have closed their doors or holes in this case. In turn, the production decline, and consumers will pay more for these precious stones.

Another factor, low prices for producers and consumers remains high, the price of gold. Each diamond producer can tell you that high gold prices = lower for producers of diamonds, it is an unwritten law! I think it works as follows: market needs in all shapes and sizes, jewelry, diamond rings in gold, diamonds, gold earrings, watches, diamonds, gold, etc., with a focus on diamonds and gold. If the price is the price of gold or diamond has been to increase suddenly, the market will not be able to cope with sharp increases in prices. Because gold is the currency exchange in the world, akoya pearl, diamonds to play second fiddle. Since 1998, the price of gold rose from $ 250 to a whopping $ 1.000 in 2008. an increase of 400%. But to compensate for the market not only for higher gold prices, but costs 250% increase in diamond prices. But the manufacturer does not see this growth and the money ends up in the pockets of developers!

major diamond mines in South Africa and includes all of Africa, and sooner rather than later, large companies have deep in their resources to sell diamonds to find - and for that they found the arm and legs. Demand is high, supply is not enough!