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Is It Time To Treat Diamonds Like Gold?
Apr. 16, 2012 03:38PM PST
Gem InvestingCNBC reported there is a move to create a diamond back exchange traded fund which will allow investors to purchase diamonds like gold as an investment, not just jewelry.
CNBC reported there is a move to create a diamond back exchange traded fund which will allow investors to purchase diamonds like gold as an investment, not just jewelry.
As quoted in the market news:
…investors and couples alike can buy diamonds on the retail market, but there’s a movement to create a way for individual investors to buy diamonds like gold.
The Securities and Exchange Commission is looking over a proposal for the first-ever diamond-backed exchange-traded fund.
Click here to read the full CNBC report.
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