Get Educated On Diamonds

How to Select Diamond Earrings

It can certainly be a daunting task purchasing a pair of diamond earrings.  Without some arsenal of knowledge, a jewellery purchase can be very overwhelming.  Many people fear potentially making a foolish decision when it comes to purchasing genuine jewellery.

One way to mitigate that risk is to follow the Gemological Institute of America’s  criteria that are now an internationally recognized standard of valuating diamonds.  That criteria is evaluating the diamonds based on Cut, Colour, Clarity, and Carat Weight.

http://www.gia.edu/diamond-quality-factor

When used together, the “4 c’s” describe the quality of a finished diamond.  The value of a finished diamond is based on this combination.

I would also recommend that before looking at too many options, is to  first decide on a budget.  That will help in assessing options available in terms of types of diamonds to choose from.  For example, you may be thinking of a pair of earrings and you had a budget of $3000, and narrowed your options between a pair of solitaires or diamond hoops.  You may be able to get those solitaire earrings, however the clarity and colour maynot be as high as the diamond hoop earrings.  The reason is that larger uncut diamonds usually cost more than cut diamonds of the same grade and quality. So, you may even end up with better quality diamond hoops with more combined carat weight than the solitaires for the same price.

A few more tips I recommend include:

  1. Look into or research which piece you are buying
  2. Choose a trusted jeweller
  3. Ask for an independent grading report

http://www.gia.edu/gia-news-research-Diamond-Buying-Tips

http://www.gia.edu/gia-news-press/advice-selecting-diamond

Why You Should Invest in Gold

Even though gold is down in today’s current market value, it is still the most popular investment among precious metals. Sure many might say that gold is a risky investment, that the price of gold keeps on fluctuating and the value of it is near unpredictable. That is because gold is not a short-term investment, it is a long term investment. This may sound obvious, but gold is becoming more scarce. Despite what experts say to not invest in gold, the return of it over time is rewarding. From 1970 to 2010, the price of gold rose from 37 USD/ozt to 1410 USD/ozt or otherwise a 3790% net change.

You better buy some gold before it becomes too expensive or too little of it left. World renowned investor Warren Buffet has claimed that the total amount of gold in the world that is above-ground, could fit into a cube with sides of just 20 meters (66 ft), most of which is contained in jewellery. To put it into a more visual example, the amount of above-ground gold in the world would be able to fill up an entire NFL football stadium to a depth of about five feet.

If there is one thing that you should get out of this article it is that:

a) gold will become rarer as time goes on

b)gold is a long term investment

c) gold will increase in value in the long term.

For those who are looking at investing in gold they should do it soon as gold is at a cheaper price. Right now the value of gold is down 23% in USD.