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Arab Spring Made Diamond Prices Sparkle
Jul. 05, 2011 06:57AM PST
Gem InvestingCNBC reports that the Arab Spring increased diamond prices as the wealthy moved their cash from stocks and bonds to safe-haven investments.
CNBC reports that the Arab Spring increased diamond prices as the wealthy moved their cash from stocks and bonds to safe-haven investments.
Matterley Asset Management Fund Manager, George Godber says,
There’s no other way that you can shift millions of dollars around the world in the palm of your hand and I have no doubt that the trouble in the Middle East was causing people to repatriate wealth out of that area
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