Quote: (03-21-2013 07:33 AM)Locksmith Wrote:
Years ago when I was living in Luanda I noticed, for instance, how cleverly South Africa intervened in Angola. The South Africans prevented massive quantities of Angolan diamonds from having any free access to the market, and they were pretty successful at it.
I'm guessing you are referring to more recent times, but if you lived in Luanda in the 80's during the border war that would be a very interesting tale to tell.
Can I ask why you would favour diamonds over gold as a store of value? True they are more concentrated, as you say, but the risk of holding them compared to gold would seem to outweigh (ha) that benefit.