AOL Money Winter 2009 – Pastor Geneve
Posted by Pastor Geneve on February 11th, 2009 filed in AOL Money Winter 2009 – Pastor GeneveIf your Christmas stockings may be as deflated as your current stock portfolio, now is the time to consider giving the gift of natural fancy colored diamonds – an extremely rare gift that keeps on giving.
Investors with stock in most sectors have been on a financial roller coaster over the last year and face an uncertain future. If you held stock in Research in Motion (RIM) you would have seen it go from more than $118 USD per share in December 2007 to 38 $USD per share in December 2008. Or, if you held stock in General Motors you would have seen it go from over $28 USD per share in December 2007 to $4 USD per share in December 2008. Comparatively, prices of natural fancy colored diamonds from the exclusive Argyle mine have increased significantly over the last few years – with the rarest gems doubling in value.
“Natural colored diamonds have intrinsic value and produce high financial returns,” explains Colin Ferguson, CEO Carats Investments Inc. “Unlike traditional or ‘white’ diamonds, natural coloured diamonds are rapidly increasing in rarity and value, as mines producing them near depletion. For every 100,000 carats of flawless white diamonds, only one carat of gem-quality colored diamond is found.”
On average, natural fancy colored diamonds have increased in value by 10 to 15 percent annually since price monitoring began in the 1970s, with the greatest increase coming over this last year.
“Natural Fancy Coloured Diamonds even retain their value during recessions,” says Ferguson. “Sotheby’s and Christie’s auction houses have been setting records on the back of Natural Fancy Coloured Diamonds.