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Diamonds must be repositioned to sustain the 'greatest depression'

Mar 25, 2009 7:00 PM   By Rapaport News
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RAPAPORT... Is optimism enough to save the U.S. economy from the "greatest depression"? In the second and final segment of our interview with Gerald Celente — founder of the The Trends Research Institute — the discussion turns to what has to happen to spark a recovery. More pertinently for the diamond industry, Celente shares his thoughts on what sets diamonds apart in this down market.

gerald celenteView part one of this interview

About Gerald Celente:

Celente has been described as the "Martial Artist of Trend Forecasting" for his insight and direction "in anticipation of what the future may bring — and to be prepared for the unexpected." According to his website, Celente understands the importance of proacting rather than reacting: "The first rule of close combat is to attack the attacker. Action is faster than reaction. The same holds true for the future. You know the future is coming...attack it before it attacks you."

Celente founded The Trends Research Institute in 1980. He is the author of three bestsellers and publisher of the internationally circulated Trends Journal newsletter. He considers himself a political atheist, and observes and analyzes current events and the formation of future trends for what they are — not for the way he wants them to be. Celente developed the Globalnomic® Trend Forecaster, using his unique perspectives on current events, which is used to identify, track, forecast and manage trends. He covers 300 diversified trends fields. The Trends Research Institute provides research studies and consulting services to businesses and governments worldwide.

Tags: Economy
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