Cormac Kinney: Investing in Diamonds
Alts - A podcast by Horacio Ruiz
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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 diamondsStandardizing diamond bars and coins with statistical analysisBecoming a market maker to force price discoveryBuying and selling diamond bars and coinsTaking advantage of the diamond marketHow the synthetic diamond market is slippingDifferences between natural and synthetic diamondsThe value of a futures contract for investorsMarket demand and supply of diamondsRisks in the diamond marketFollow Alts- Website & newsletter: https://alts.co- YouTube: https://www.youtube.com/@altassetsinc- Discord: https://discord.gg/DEkHgzggwC- Twitter: https://twitter.com/altassetsclub- Insta: https://instagram.com/alts_co- Quora:https://www.quora.com/profile/Alts-7Time Stamp2:00 - Solution to Diamond Investing6:00 - Buying diamonds in bulk10:00 - Investing on Diamond Standard13:00 - Opportunities in diamond investing16:00 - What drives the diamond market 17:00 - Synthetic Diamonds21:00 - Futures Contracts26:00 - Demand for diamonds30:00 - Diversification
