The Western Diamond Industry should cope with a lending problem, especially with the end of the famous ANTWERP DIAMOND BANK. An antique monetary system should help us to get a way in front of this challenge : THE RAI STONES ON THE YAP ISLAND.
These very large stones were used as TOKENS. They did not need to move because the oral tradition kept the informations about the owners ....
Can a colored diamond becomes a token ?? YES FOR SURE. Fancy colored diamonds represent less than 2% of the physical supply of gem quality diamonds, they are very scarce and a strong guarantee. In aunctions, several of them has been recently purchased for very high prices.
The diamond industry is a personalized business : The right stone for the right client. Buying a diamond is a huge investment. Dealers can t keep unuseful reserves of stones ... They need financial liquidity.
So, a quantity of rough or polished diamonds can stay of the side, only because they don t find clients ..
The European Banking System, in big trouble, will be unable to be a positive support for this industry .... The East seems to become the future of the diamond industry.
THE CENTRAL CONCEPT IS SIMPLE :
-The western financial system will be unable to follow the needs of liquidity in the diamond industry.
- Natural Fancy color diamonds are very scarce and can act as TOKENS ... Polished diamonds dealers and rough diamonds dealers don t have the same job. NATURAL FANCY COLOR DIAMONDS CAN BE TOKENS BETWEEN THEM...
EVERYBODY IN THIS INDUSTRY IS LOOKING FOR THE RIGHT STONES NEEDED ... THE LENDER OF FANCY COLORED STONES COULD ALSO BE PAID IN CASH OR IN STONES.
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