{"id":30245,"date":"2023-01-05T11:40:55","date_gmt":"2023-01-05T21:40:55","guid":{"rendered":"https:\/\/srsroccoreport.com\/public\/?p=30245"},"modified":"2023-01-05T11:40:55","modified_gmt":"2023-01-05T21:40:55","slug":"diamonds-the-most-concentrated-form-of-wealth-why-diamonds-are-the-most-portable-wealth","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/diamonds-the-most-concentrated-form-of-wealth-why-diamonds-are-the-most-portable-wealth\/","title":{"rendered":"DIAMONDS THE MOST CONCENTRATED FORM OF WEALTH:  Why Diamonds Are The Most Portable Wealth"},"content":{"rendered":"<p><span style=\"color: #800000;\"><strong>The secret known by many wealthy investors is that Diamonds are the most portable form of wealth in the world<\/strong><\/span>.\u00a0 Jacques Voorhees, known as the Father of online Diamond Trading, explains why Diamonds provide investors with the highest concentrated form of wealth when it&#8217;s critical to move quickly.<\/p>\n<p><iframe loading=\"lazy\" title=\"Diamond Investing &amp; Updates (January 3, 2023)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/xcQF_ldhklc?wmode=transparent&amp;rel=0&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>If we do simple math, the following chart shows the current value of the leading Hard Assets and copper.\u00a0 I included copper because it has also been used as money and currency in the past.\u00a0 As you can see, one troy ounce of diamonds is worth $1.4 million compared to $1,850 for gold, $24 for silver, and 26 cents for copper.\u00a0 Diamonds are 750 times more condensed hard asset than gold.\u00a0 <span style=\"color: #800000;\"><strong>As you can see, an investor would have to carry 750 ounces of gold or nearly two metric tons of silver to equal the same amount in one ounce of high-quality diamonds.\u00a0 I am not even going to calculate copper&#8230; LOL.\u00a0\u00a0<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-30249 size-full\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2023\/01\/The-Current-Value-Of-One-Troy-Ounce-Of-Following-Hard-Assets-JAN-2022-UPDATE.webp\" alt=\"\" width=\"700\" height=\"451\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2023\/01\/The-Current-Value-Of-One-Troy-Ounce-Of-Following-Hard-Assets-JAN-2022-UPDATE.webp 700w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2023\/01\/The-Current-Value-Of-One-Troy-Ounce-Of-Following-Hard-Assets-JAN-2022-UPDATE-300x193.webp 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>There are more than 141 carats of diamonds weighing one ounce.\u00a0 Based upon the current average market price of a (1) carat diamond at $10,000, that equals $1.4 million.\u00a0 That $10,000 price is based upon the high-quality triple-X rated diamonds that make up only 2% of the total diamond market.\u00a0 The Triple-X-rated diamonds are where the wise professional investors put their money.\u00a0<span style=\"color: #800000;\"><strong> So, it is no coincidence that for thousands of years, investors have used diamonds as a more portable store of concentrated wealth.<\/strong><\/span><\/p>\n<p>Unfortunately, many precious metals investors continue to harbor negative opinions of the diamond market.\u00a0 I know; I read the comments.\u00a0 However, those who spend some time reading up on the professional diamond market, driven by the Triple-X-Rated Diamonds, using Cloud Hard Assets, will find another excellent Hard Asset to consider investing.\u00a0 <span style=\"color: #800000;\"><strong>Jacques Voorhees is trying to provide a marketplace for diamonds that lowers the typical high BID-ASK Spread to a much lower and more competitive level.\u00a0\u00a0<\/strong><\/span><\/p>\n<p>Interestingly, Diamond prices have been trending along with precious metals prices.\u00a0 Take a look at the following chart:<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-30247 size-full\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2023\/01\/Diamond-Price-Index-JAN-1-2023.webp\" alt=\"\" width=\"700\" height=\"489\" srcset=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2023\/01\/Diamond-Price-Index-JAN-1-2023.webp 700w, https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2023\/01\/Diamond-Price-Index-JAN-1-2023-300x210.webp 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"color: #800000;\"><strong>While Diamond Investing is not for everyone, those interested in diversifying and owning a more portable condensed hard asset should consider investing in high-quality diamonds.<\/strong><\/span><\/p>\n<p>With 48% of global diamond sales in the United States, I see more investors moving into diamonds to protect wealth.\u00a0 With <a href=\"https:\/\/icecap.diamonds\/\" target=\"_blank\" rel=\"noopener\"><strong>Icecap.diamonds<\/strong><\/a>, it allows a much more efficient way to buy and sell diamonds with much lower margins.<\/p>\n<p><strong>If you want to learn more about diamond investing, you can call up Tom Cloud at (912) 771-9353<\/strong>.\u00a0 You can also contact Tom by email: tomcloud1630@gmail.com.<\/p>\n<p><strong><em>DISCLAIMER:<\/em><\/strong> <span style=\"font-size: .9rem;\"><em>SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and asset values. Neither SRSrocco Report nor any of its owners, officers, directors, employees, subsidiaries, affiliates, licensors, service and content providers, producers or agents provide financial advisement services. Neither do we work miracles. We provide our content and opinions to readers only so that they may make informed decisions on all types of assets. Under no circumstances should you interpret opinions which SRSrocco Report or Steve St. Angelo offers on this or any other website as financial advice.<\/em><\/span><\/p>\n<p>Check back for new articles and updates at the <a href=\"https:\/\/srsroccoreport.com\/\" rel=\"noopener noreferrer\"><em><strong>SRSrocco Report<\/strong><\/em><\/a>.\u00a0 You can also follow us on Twitter and Youtube below:<\/p>\n<ul class=\"srsr-social-ul\">\n<li id=\"srsr-minilogo-li\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/srsroccoreport-mini-logo-100x35-1.png\" \/><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/twitter\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-twitter-165x35-1.png\" \/><\/a><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/youtube\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-youtube-165x35-1.png\" \/><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The secret known by many wealthy investors is that Diamonds are the most portable form of wealth in the world.\u00a0 Jacques Voorhees, known as the Father of online Diamond Trading, explains why Diamonds provide investors with the highest concentrated form of wealth when it&#8217;s critical to move quickly. If we&#8230;<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/diamonds-the-most-concentrated-form-of-wealth-why-diamonds-are-the-most-portable-wealth\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":30246,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,18,14],"tags":[128,2],"class_list":["post-30245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-precious-metals","category-tom-cloud","category-videos","tag-diamonds","tag-public"],"_links":{"self":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/30245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/comments?post=30245"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/30245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/30246"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=30245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=30245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=30245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}