Something Smells Fishy...
Ontario's only diamond mine is known for its exceptional quality stones, but according to official documents, the provincial government made more money on salt royalties in 2013-14 than diamonds. De Beers Canada, which owns the only diamond mine in the province, paid $226 in royalties while salt netted the province $3.89 million in royalties.
The series of lectures held at International Diamond Week (IDW) came to a close yesterday (Wednesday) with a lecture by Leibish Polnauer.
Findings from the Knight Frank Luxury Investment Index and its annual Wealth Report have been unveiled, highlighting the growing significance of coloured diamonds and pearls for investment in the Middle East and Asia.
The stock market is rigged. When I started making that claim years ago — and provided solid evidence — people scoffed. Some called it a conspiracy theory, tinfoil hats and that sort of stuff. Most people just ignored me. But that’s not happening anymore. The dirty secret is out.
I have used Northern Cross Diamonds for the last couple years. I have a full time job, rental properties, stocks and mutual funds, yet I am always looking for new investment opportunities. Meeting and dealing with the professionals on staff (especially Stephen) has pointed out creative ways of maximizing the investment potential within coloured diamonds. They are always there to answer questions when I am curious on making a new investment and the experience has been nothing but great!
I have bought several coloured diamonds from Northern Cross Diamonds. I have found that Northern Cross gets me the best prices -- even when the diamonds come from another vendor and are listed with the other vendors at a higher price. Stephen Mitanidis has spent hours of his time educating me on coloured diamonds and helping me to choose diamonds that have the best investment potential. He has also allowed me to trade coloured diamonds that I own for coloured diamonds that I want and has assured me that Northern Cross will help me to sell my coloured diamonds if I choose to do so. If you buy a coloured diamond, I recommend that you consider showing it to your family members and friends. Most of them will be impressed with how it looks and might want to seize the opportunity to buy one or more before the value of coloured diamonds appreciates further.
For several months I had considered investing in Fancy Colored Diamonds. I heard all the negative jargon about unscrupulous people in the diamond business and how you could be taken to the cleaners, sort of speak. However, I called Northern Cross Diamonds and spoke to Stephen who is the owner. My experience with him from the early process to the actual purchase of a Fancy Colored Diamond from him was quite a journey. He urged me before buying the diamond to do my own due diligence by comparing the price and quality. Needless to say I did not find one of like shape, color, clarity or price that would have changed my decision. If you would like to speak to me directly for more information you can get my telephone number from Northern Cross.
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All of our diamonds are Guaranteed Natural Coloured are GIA certified and 100% Conflict-Free.
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