The problem Putin faces is that nobody wants his state bonds. I suppose diamonds are a safer asset…
I wonder how stable the price is though. And how de beers is going to respond
More important is that finally, synthetic diamonds from China crashed the bullshit overvaluation. De Beers is getting fucked right now, and I’m loving it.
Not in the two minutes I’ve spent looking for this. All I wanted to tell is that this is a terrible time for Russia to sell off their diamonds. And for De Beers to exist. But my pity is very limited for both.
The problem Putin faces is that nobody wants his state bonds. I suppose diamonds are a safer asset…
I wonder how stable the price is though. And how de beers is going to respond
More important is that finally, synthetic diamonds from China crashed the bullshit overvaluation. De Beers is getting fucked right now, and I’m loving it.
Do you have a chart that shows the actual change in price, not the change in the change in price?
Not in the two minutes I’ve spent looking for this. All I wanted to tell is that this is a terrible time for Russia to sell off their diamonds. And for De Beers to exist. But my pity is very limited for both.