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Thursday, September 24, 2009

China begins buying world's supply of diamonds

One of the great investment themes of the next decade is "China is buying up everything, so figure out what they want and sell it to them."

China is basically colonizing Africa with cheap loans and infrastructure buildouts… it's encouraging its citizens to buy gold and silver… and it's investing heavily in gold mines, base metal mines, heavy oil deposits, and natural gas networks.

So it's no surprise that the Chinese are also starting to play a major role in the diamond market. This article details how China's diamond demand is growing at double-digits… while other major consumers are tailing off their buying.

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