Alan Greenspan, 1966
"FLIGHT TO QUALITY"
WEALTH ACCUMULATION MEANS
BALANCING RISK AS WELL AS REWARD!
COLORED DIAMONDS AND THE
CORE FISCAL PRINCIPALS OF THE
GOLD STANDARD!
NATURAL COLORED DIAMONDS
HAVE ALWAYS MAINTAINED THE
CORE FISCAL PRINCIPALS OF THE
OLD GOLD STANDARD. AS A RESULT,
DURING THE WORST RECESSION
SINCE THE GREAT DEPRESSION
THREE NEW WORLD RECORD
PRICES HAVE BEEN RECORDED AT
AUCTION IN THE PAST 12 MONTHS!
On August 15th, 1971, the World economies abandoned the Gold Standard. Since then credit creation has managed to spiral out of control. The over-extension and misuse of credit is the most significant factor contributing to the deteriorating economic conditions we currently face.
In a 1966 essay, no less an authority than Alan Greenspan himself wrote, "Under a Gold Standard the amount of credit that an economy can support is determined by its economic tangible assets. In the absence of a Gold Standard, there is no safe store of value. Deficit spending is simply a scheme for the confiscation of wealth! Gold stands in the way of this unsafe process. It stands as a protector of property rights."
UBS Bank recently calculated that to reintroduce the Gold Standard in Japan, China and the U.S. (the 3 largest economies in the world) the price would need to be more than $9,000 per ounce. That is not realistic, so, for the near term at least, even gold will be susceptible to volatility courtesy of excessive spending. While no one would bet on a return to the stability of a Gold Standard happening soon, there is at least one other commodity that has never swayed from the core fiscal principals of the Gold Standard - Natural Colored Diamonds. Colored Diamonds have safely weathered the last 3 major recessions, safeguarding the investment of their owners. In fact, over the past 38 years, top quality colored diamonds have never gone down in value at the dealer level AND have doubled in value every 5-7 years safely! And a new position can be opened for as little as $5,000!
Natural Colored Diamonds are a throwback to times when true asset value was an integral component of credit creation and financial markets were not easily susceptible to speculation and uncertainty. With limited exceptions, Colored Diamonds are bought and sold with hard currency, not credit! Therefore, bank credit has never been a destabilizing factor leading to fire sales or sell offs of any kind. Nor has it fueled a speculative market causing prices to artificially rise. With all of the banter about a return to a Gold Standard, in the absence of political will, Natural Colored Diamonds have assumed the role of a proven Wealth Accumulation and Asset Protection vehicle that, along with Gold should be a part of everyone's Portfolio Recovery Program! And with gems selling from a few thousand dollars to a King's ransom, Colored Diamonds are available to any individual with disposable income, no matter how modest or significant their personal means.
WEALTH ACCUMULATION
RECESSION PROOF
PRIVACY
HEDGE AGAINST U.S. DOLLAR DEVALUATION
LIQUIDITY
AFFORDABLE
With over 40 years cummulative experience as a Specialist Advisor, we are experts in the sourcing and marketing of Natural Colored Diamonds. Our business is trust based and education focused. We offer the highest level of discretion and privacy on our client's behalf. We hold membership in the prestigious International Colored Gemstone Association in New York and the U.S. Chamber of Commerce. With offices in Toronto, Canada; Nicosia, Cyprus and the Tel Aviv Diamond Exchange, our reach is global.
At Mercantile, we believe that an informed investment decision begins with a detailed education! The Mercantile Diamond Analyst is a quarterly report written by some of the best technical people involved in the science of Natural Colored Diamonds. It includes major auction and private sale results worldwide, as well as topics of interest to anyone contemplating an investment in Colored Diamonds. To subscribe, contact us at the telephone or fax number or e-mail listed below. Please allow two weeks to receive your first report copy.
North American Private Client Office
Mercantile Diamond Group Inc.
Skyway Business Park, 170 Attwell Drive, Suite 650, Toronto, Ontario M9W 5Z5
Tel: 416-679-1550 Fax: 416-679-1552
This report is based on information available to the public. The information and any statistical data contained herein have been obtained from sources which we believe to be reliable, but we do not represent that theyare accurate or complete and should not be relied upon as such. The material contained herein is for information purposes.
Mercantile Diamond Group Inc. is a full service dealer in Natural Colored Diamonds for wealth and asset accumulation purposes. Our services are confidential and tailored to the specific requirements of our private client base. To address the merits of colored diamond ownership, please contact us at: Phone: 416-679-1550 Fax: 416-679-1552 email: info@mercantilediamondgroup.com
