Cormac Kinney: Investing in Diamonds

Alts

In this episode, Cormac Kinney discusses 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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