Monday, July 25, 2011

MONDAY'S MESSAGE: The Price of "Ice"

Above: Custom Designed 3-Diamond Platinum Engagement Ring by Craig Brady

Why are diamonds prices going up so much? In short: 1. No new mines. 2. Weak dollar. 3. Increasing global diamond demand. We have to mine over 100 tons of the earth's crust to get one diamond large enough to cut a fine one carat gem! Over one million diamonds are mined to get that one gemstone!

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