In this episode, Cormac Kinneydiscusses the products Diamond Standard developed to commoditize diamonds and the future of diamond investing. Diamond Standard has developed diamond bars and coins using statistical analysis to make trading decisions for diamonds easier, in the way markets currently trade gold. Cormac also talks about diamonds as an investment tool, the potential growth of the market, and the dynamic between natural and synthetic diamonds. Discussion topics include:
Commoditizing diamonds
Standardizing diamond bars and coins with statistical analysis
Becoming a market maker to force price discovery
Buying and selling diamond bars and coins
Taking advantage of the diamond market
How the synthetic diamond market is slipping
Differences between natural and synthetic diamonds
The value of a futures contract for investors
Market demand and supply of diamonds
Risks in the diamond market
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