Diamonds will continue to sparkle despite a US recession

More evidence emerged this week that it will be some time before diamond supply catches up with increased demand. What's more, the industry's reliance on US demand is waning.

Last week, Ori Temkin, the chief executive of diamond polishing group Steinmetz noted that demand in the diamond market had exceeded supply for the last four to five years and he predicted this imbalance would many last more years before the supply increased.

This is something I have believed for a long time. However, more evidence emerged this week to support this view and it's all to do with energy

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