Are Diamonds A Girl's Best Friend Or Is It Night Trading?
Carol Channing introduced the song as the character Lorelei Lee in the original production of "Gentlemen Prefer
Blonds" (1949)
In 1953 Marilyn Monroe did the song in the same role .
Diamonds today are a strong part of pop culture and they have been for a very long time.
It is true that diamonds are a traditional way to preserve wealth. Getting the wealth is quite another matter
Having a trading system and using in in Night trading, Shadowtraders feels is a great
way to build capital.
What Shadowtraders teach Night traders is trading system. That Is a set of rules that determine entry and exit signals for a given financial instrument. The signals are shown on a technical analysis chart in real time, keeping up with the Market. They prompt the trader to take an immediate action, either buy or sell. The key is rules. A successful trader will keep the rules that they have established and not change midstream. The main reason why any trader should have a trading system is to keep emotional trading decisions to a minimum. Trading tends to be 50% technical and 50% emotional. Without a trading system, the emotional side can be more than 50%.
A number of studies have been made that show that the majority of traders leave trading
when they sustain huge losses after they after they abandon their rules. How that happens is that
they break the rules and think that they get away with it. Decide that they can outsmart the market
with their hunches. Then they always get slaughtered later.
Every trading day should be uneventful. It is just a business. You start trading, you make your profit, you end off for the day and go do something else.
So you use your rules and build some reserves. With economies and currencies in flux,
Diamonds are worth considering as part of a diversified asset portfolio
as a buy and hold asset.
The main reason diamonds a popular investment is that the diamond industry
is a monopoly that has controlled the price for the past fifty years.
Contrast this to emeralds used which used to be controlled to some
extent from Columbia but that ended in 1998. In Brazil, you have small,
colored stone mines that will sell their merchandise for the best price
they can get if and when they need the money.
Here is how the diamond industry works in a nutshell.
Diamonds are controlled, with the price of “rough uncut diamonds”
claimed to be going up at least 20% per year to site holders. There are
fewer than 100 site holders in the world who are allowed to buy diamond
rough only 10 times per year. They, in turn, manufacture the rough into
cut and polished diamonds that are then sold in your local jewelery stores.
In contrast to precious metals, there is no universal world price
per gram for diamonds. However the industry does refer to price
guides such as the Rapaport Diamond Report, The Diamond Registry
Wholesale Diamond Price List,Ajediam Antwerp Diamonds Monthly
and The Gem Guide, which are published weekly or quarterly.
Who's Who
Diamonds, or any other gemstones, are normally not considered an
immediate, short-term investment if you buy them from a retail
jewelery store. They are only a good, solid investment if you
can buy them directly from the rock-bottom, wholesale source.
If you're looking for an investment in diamonds, this means you will
have to deal with a wholesaler who can buy directly from the
Diamond Trading Company (DTC)/De Beers. Then you have a controlled
investment that will be scheduled to increase on the wholesale
level at 20% per year.
The largest diamond company in the world is Alrosa,
which surpassed De Beers in carat production in 2008.
Alrosa is currently government owned, so not listed on
the stock market. De Beers is privately owned by Anglo American (45%),
the Oppenheimer family (40%) and the Botswana government (15%),
so its shares are not traded on the stock market.[11] Rio Tinto
and BHP Billiton are the next largest producers, but diamond
mining is a small part of their commodity portfolio.
Diamond Funds
In 2008 Diapason Commodities Management listed an investment
company called Diamond Circle Capital DIAM:LN, which aimed to
invest in rare colored and colorless diamonds worth more than
$1m each. At Blomberg the ticker is DIAM:LN. which registered
and incorporated in the Isle of Man and listed on the London Exchange.
James Horne
CEO of Pure Reason LLC, financial analyst and software engineer.
Pure Reason is the parent company of Shadowtraders.com he specializes in teaching
students how they can be trading futures with their own trading system and trading strategies.
Mr. Horne has helped hundreds of traders achieve their goals trading.
Find out if trading futures is for you by attending one of Shadowtraders Free Webinars.
Check out the Futures Trading Articles.
For more information, send an email to shadowsupport@shadowtraders.com or call 866-617-2037 today.
Free Webinars.
Check out the Futures Trading Articles. For more information, send an email to shadowsupport@shadowtraders.com or call 866-617-2037 today.