Rapaport
POWERED BY Rapaport
  Skip Navigation LinksHome » News » Latest News » News Story

  News Search
Type
Topic
RDR Issue
Keyword
Author
  [Clear]

Warning About Speculative Prices
By Martin Rapaport Posted: 02/21/08 23:56
Submit Comment 
RAPAPORT...  Video message from Martin Rapaport on speculative prices for diamonds.
  Print  | Submit Comment 
| Email Article | Send Feedback |
Share
Previous Item | Back to List | Next Item  
 
 
  All comments [-] Expand all   |   [+] Collapse all
Click to collapse comment 1. video
can not play video
                                                                                                                   
By: Theresa Baybutt , 3/14/2008  
Click to collapse comment 2. combining and removing 30's and 40's
Just because Rap needed room for the 10+ doesn't mean he should kill the stones that are 30's and 40's
                                                                                                                   
By: Naftoli , 2/25/2008  
Click to collapse comment 3. 6ct to 9.99 prices
i agree with sachiv- the trade is unsure on how to determine prices for stones between 6 to 9.99 cts. Also its difficult to believe tht a visionary like Rapaport could not foresee this. Whatever the reasons- he needs to come out with a solution for this because at the end of the day we all want to make money but most importantly we want the prices to be realistic for the long term benefit of the trade.
                                                                                                                   
By: Amish Turakhia , 2/25/2008  
Click to collapse comment 4. 10ct list
with this new 10ct list , you are bringing more speculation to the market , the only solution is to make the Diamond a commodity. Lets work all toghether and make this happen . rony@vecchioinc.com
                                                                                                                   
By: Rony Sztokfisz , 2/22/2008  
Click to collapse comment 5. bang on.
10ct list was in the making for a long long time. I am not in the least surprised by this move ....in fact I wholeheartedly welcome it.All those atrocious + over the list prices were as it was reaching never before heard heights.The 10ct list will infact help in cooling down the speculation into more controlled trading.Also I feel that the market now is not what we witnessed in the early 80's. As rightly said there are 11 million plus millionaires ,we do have all that $70 plus extra oil monies floating around and never have we seen soooo much money floating on planet earth.All in all..it is rightly said..Government can print all the monies they like but who can print diamonds>>>
                                                                                                                   
By: anil kumar..koolkat. , 2/22/2008  
Click to collapse comment 6. A Chance to play the role of G-D
You Martin Helped create this possible diamond meltdown by publishing in your Rapaport so MANY rapid price increases. You know your Rapaport is viewed as the bible of diamond prices. NOW instead of calming the industry with carefully crafted words, you choose to come out live on video on 2/21/08 warning us about possible diamond meltdowns of something you helped manifest. Please pray hard to do the right thing. Remember your words and writings really help or hurt consumer and dealer confidence. You have been given lots of power and with power comes a chance to show G-dlyness and responsibility. BH, SC
                                                                                                                   
By: Steve Cohn , 2/22/2008  
Click to collapse comment 7. rapaport prices
Now that you have released the 10 ct up price list, it is time for 6.00cts to9.99 cts list. Until and unless a list of that kind does not come through , there is going to be immense speculation in this segment. I feel this is going to cause a lot of uncertinity, when a speculator sells goods to another speculator. sachiv mehta rapnet member email- mehta.sachiv@gmail.com
                                                                                                                   
By: sachiv mehta , 2/22/2008  
Click to collapse comment 8. 10 CT LIST WITH NO ADVANCE NOTICE
I AM VERY SURPRISED AND ALSO DISAPPOINTED THAT WHY RAPPAPORT DIDN'T ANNOUNCE THIS IMPORTANT NEW SIZE LIST IN ADVANCE. THE CONSEQUENCES ARE THAT THIS SUDDEN MOVE HURT THE MARKET IN MANY WAYS. FOR EXAMPLE THE SOFTWARE THAT WE RUN NOW IS AFFECTED; LARGER DIAMONDS THAT ARE ON MEMO OR IN THE MIDDLE OF TRANSACTION ARE AFFECTED.
                                                                                                                   
By: JACK AZAR , 2/22/2008  
Click to collapse comment 9. right on!
Martin, Great speech! You've nailed the last 3 years problem (hoarding in the trade) right on! Good move with 10 ct pricing! (though I'd think the pricing should've been split for 6-8 ct AND 9-11 cts!)
                                                                                                                   
By: Morris Tseitlin , 2/22/2008  
Submit Comment 
Total comments: 9  
 
 


© Copyright 1982-2010 by Martin Rapaport. All rights reserved. | Terms of Use | Privacy Policy | Legal Notices
Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy
or validity of any information presented by Rapaport or the views expressed by users of our internet service.