Re: Diamonds in the spring?

From: Uncle Al (UncleAl0_at_hate.spam.net)
Date: 03/19/05


Date: Sat, 19 Mar 2005 09:12:48 -0800

Schoenfeld wrote:
>
> Uncle Al wrote:
> > Diamond is technically an inorganic for not being a compound of
> > carbon, so one supposes there is a certain degree of journeyman
> > trespass. Only one of us will be able to sell lab waste for more
> than
> > its purchase price.
>
> Diamond, ignorant troll, is worthless.
>
> http://en.wikipedia.org/wiki/De_Beers_LV

Schoenfeld, do you study to remain empty? Not only are you an idiot,
a boor, and stooopid but you are incapable of using Google. Oafs
laugh at you. You are a fucking imbecile.

<http://minerals.usgs.gov/minerals/pubs/of01-006/diamond.pdf>

Industrial diamond as abrasive *wholesales* for about $(US)2.10/gram
with more than 110 tonnes/year moved worldwide in 2000. That's about
$231 million in 2000 dollars. If it were more available more of it
would move faster than the price would drop. Recent devaluation of
the dollar already makes that more like $270 million in current
dollars. Single point diamond turning is a growing premium market.

Gem diamond below 5 carats cut is only valuable by fiat. Larger than
25 carat flawless and fancy stones can go for $500K/carat or more -
Allnat yellow, Moussaieff red, the Pumpkin, Steinmetz pink, Heart of
Eternity blue, Ocean Dream blue-green. BTW, idiot Shoenfeld, that is
serious annual net income if you are growing them in your garage.

Hey idiot Schoenfield, can you run a spread***? A DCF/ROI?

-- 
Uncle Al
http://www.mazepath.com/uncleal/
 (Toxic URL! Unsafe for children and most mammals)
http://www.mazepath.com/uncleal/qz.pdf