Pastor-Genève News – March 2009

As global financial markets continue to show instability, wealthy collectors and investors around the world are taking a closer look at rare hard assets to diversify their portfolio and protect their wealth.
 
Pastor Geneve continues to see strong offerings and activity at the dealer level and the jewelers and dealers we work with are reporting robust sales in the rare color categories.   We are looking forward to a buoyant spring auction season as the most recent auction season in the fall showed solid results in Hong Kong, Geneva and London.
 
Pastor Geneve just had an editorial in the January Edition of a wealth magazine in Singapore and we have another editorial coming up in the March edition of The Sovereign Individual, an offshore financial newsletter based out of Ireland.
 
Pastor Geneve continues to see strong activity from the readers of “The Global Market For Find Art”, which we co-sponsored. 
 
Pastor Geneve strongly advises our customers to increase their allocation towards rare Argyle pink diamonds in higher color grades as the supply numbers coming out of Australia are much lower than anticipated, further production cuts are expected and international collectors and investors continue to acquire these rare pieces for their personal holdings.
 
All of the stones at the last tender sold for 10 to 30 % above the reserve price and Rio Tinto, the parent company, has taken over the marketing of pink diamond production, working closely with 15 dealers around the world who have thousands of colored diamond customers.