Do any of y'all buy diamonds?



Do any of y'all buy diamonds?
I have two diamond watches and a ring with a teeny one in it, but nothing major.





too much 'spread' with diamond jewelry, not to mention the appraisal factor ... I'll stick with my gold bars (which are knocking on $500 an ounce) !
And if someone wants to 'give' me a diamond ring, I run like hell in the opposite direction LOL
I bought a diamond pendant for my step-mom, but I can't buy nice jewelry for myself...I lose things all the time!
I don't care for diamonds, even though i was given a few rings..Lol.
I Like GOLD! And yes like Melonie says Gold Bars are the way to go....Seriously!!!
They are one of the MOST best stable investments imo. Don't lose value too much in down time. But Gold bars are only part of the portfolio!!!!
If the original message had anything to do with investments or not, i don't know, but diamonds are pretty!
Pamela





and if you like 'nitrous' investing, you can buy stock in a gold or silver or diamond mining company !
Here's one I picked up couple of months ago, which seems to have quite a bit of 'nitrous' action ....
WARNING : just like hitting the 'nitrous' button in your car, 'nitrous' stocks usually go like hell for a little while, but explode if you keep holding down the button for too long !
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Last edited by Melonie; 11-23-2005 at 04:53 PM.
I buy diamonds . My ex bought me earrings and a ring. I bought myself a righthand ring. It's one carat. I love diamonds!!!! My moms the diamond queen. When I was younger I always want to own my own diamonds. Where do you buy gold bars? Id like a couple of those babies!!! Also whats the going rate?



Yeah, where do you buy gold bars?





an easy place to buy gold and silver bars/coins online is at . However, Kitco's 'spreads' (equals their sales commission/brokerage fee) aren't the cheapest. But Kitco DOES have one very valuable attribute "Kitco does not report our sales transactions to the IRS", and they will sell in small quantities.Originally Posted by rain
If you're seriously considering making a significant investment in gold or silver bars/coins, dealing with a 'low spread' trader like will save you a few extra dollars on the purchase. Unfortunately, Tulving requires some fairly substantial minimum order amounts in exchange for the 'low spread'.
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Last edited by Melonie; 11-24-2005 at 12:58 AM.



The hopeful 'return on investment' is that the price of gold should rise along with inflation, such that it can be resold at a higher price 10 or 20 years down the road. Also, such a gain in value is considered to be a capital gain which is generally taxed at a much lower rate than 'interest and dividend' income. However, there is no guarantee that gold will provide a 'positive' return on investment.Where is the return on this investment? When you sell the gold 10 or 20 years down the road? How would one go about selling gold?
Last edited by Melonie; 11-25-2005 at 02:26 AM.



So if I were to buy gold, I should keep a record of how much the gold costs in 2005, compare it to the record of how much I sold it in 2025, and pay a capital gains tax on the difference?
Thanks again, Mel.
There is no salvation in becoming adapted to a world which is crazy.
Henry Miller





perhaps one of the best 'explanations' of the future value of gold comes from OUTSIDE of the United States ...
(snip)"Morgan Stanley's chief economist, Steve Roach, is in the middle of a spin through Asia and the Middle East, and filed an interesting piece for his website from the Emirates Palace Hotel in Abu Dhabi. He quotes a friend of his who "shared what I believe is a very important insight on the recycling of the huge surge in oil revenues that has once again flowed into the region's coffers - estimated at around $US300 billion over the past year by many accounts".
"Unlike the oil shocks of the past, which gave rise to the concept of the petrodollar - a recycling of windfall oil revenues into dollar-denominated assets - the current windfall accrues to a Middle East that is much better prepared for inward re-investment.
"Take a look at year-to-date returns in the stockmarkets of the region's major oil producers - Saudi Arabia (+96 per cent), UAE (+179 per cent in Dubai and +85 per cent in Abu Dhabi), Kuwait (+84 per cent), Qatar (+77 per cent), and Bahrain (+32 per cent). Also take a look at the urban construction boom - Dubai is starting to look Singaporean in scale."
And they are investing in the other asset that is no one else's liability - gold. Certainly the Arabs are less inclined to finance American consumers than the Chinese and are more worried, as investors, about the sustainability of the US current account deficit."(snip)
yes, in exactly the same way you would account for a 'long term capital gain' on a stock you purchase in 2005 and sell in 2025.I should keep a record of how much the gold costs in 2005, compare it to the record of how much I sold it in 2025, and pay a capital gains tax on the difference
I don't like diamonds, I think they're stupid. My boyfriends always know not to get me diamonds.
I love the idea of the new diamonds they're manufacturing, though.
Feature costumes for sale!
I read on the Kitco site that one can open a "pool account" as opposed to having the product delivered to you. Is there an option you recommend?




I've bought quite a few diamonds over the past few years. Not as an investment, just jewelry. Diamonds are an artificially controlled market, not a good idea to try investing.
I love diamonds and all jewelry, I collect gemstones. I have a few diamonds but nothing really big or flashy.
Diamonds are the product of incredible abuse, bloodshed, and atrocity. Those evil African thugs you hear about raping babies and chopping off heads are financed by diamond money.
Had some given to me. Got in a tight and tried to hock them.
Hah! Might as well have thrown them in the ditch for what they
told me they were worth.
Got better prices for my solid gold rings then diamond rings.
Well, yeah, never was that naive anymore.
No, a girl's best friend is her hard won financial savvy.





You look at it the same way as meOriginally Posted by scorpio
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Some Douchebag: "[Pimp C] 12:43 am: its true we got to stick together the black people on SW CK you is teh condoleeza of SW"
It is hard to believe that something so beautiful can be forged with such pain.



It's true, i really like how kanye west did a song about this subject, diamonds are forever...
There is no salvation in becoming adapted to a world which is crazy.
Henry Miller




And yet so few care. The men I date are shocked that I never want to own a diamond.Originally Posted by scorpio
Like a diamond, true love is beautiful but usually forged with great pain (uh oh, I hope De Beers doesn't steal that like they steal diamonds from Africans.)
I have heard horrific tales from Africa, but keep in mind it is a continent & some states there produce diamonds with no bloodshed.
The diamond used to be a gallant way for a man to show he could provide for a woman & was an emergency source of income if she was left widowed or abandoned by said man.




Instead of proposing with a diamond ring, he should get on one knee and hold out a gold bar!Originally Posted by madmaxine
I think everybody knows that some diamonds are infact blood diamonds! Like madmaxine said not all diamonds caused bloodshed!Has anyone in this thread ever been to africa? It's one of the most corrupt places in the world! They have problems that stem far beyond diamonds.
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