Posted January 7, 2013 at 4:33 pm
Here’s a new way to invest in diamonds via any online brokerage account
by Brad Wajnman
Precious gems serve much the same function as precious metals: they’re a store of value that provide an inflation hedge against the devaluation of fiat currencies.
In the diamond investing report we published a couple months ago, I shared a few different ideas you could use to profit from this uncommon alternative asset class. And now there’s a new way to invest in diamonds via any online brokerage account…
I’ve vetted out a fund — one that produced a healthy gain of 5.6% in December — that invests in a basket of companies that are heavily involved in the mining, refining and sale of high-quality stones. These are the largest companies in the world that are actively involved in the exploration, production and sale of diamonds and other precious gemstones.
Right now this is the most convenient and diversified way to invest in this incredibly lucrative niche without buying the actual stones themselves.
Consider this: a $10,000 purchase of gold bullion in 1949 would be worth a bit over $500,000 today… but a $10,000 purchase of quality diamonds would be worth close to $66 million.
It’s definitely not too late to get in on this opportunity. And fortunately, you don’t need to become an expert in evaluating the stones or learn all about the 4 C’s (color, cut, clarity and carat) to participate.
NOTE: The above is a preface of one of several key resources, vendors, or programs that Barry Goss and Brad Wajnman — respectively, the Wealth Vault Managing Editor and Research Director — revealed to our paid-up members on Friday, January 4th. To get the full review of this particular resource, either login, or become a member