I’ve been reading all the reports this week about the next trade “crisis,” the apparently large volumes of undisclosed synthetic melee being mixed in with batches of natural diamonds.
A number of my fellow industry journalists, whom I have the utmost respect for, have reported on it this week.
Chaim Even-Zohar kicked off this most recent string of reports in the Oct. 17 issue of Diamond Intelligence Briefs while Martin Rapaport issued a trade alert that same day. JCK’s Rob Bates warned of the possible crisis coming in his blog Wednesday, and undisclosed synthetics were the subject of Edahn Golan’s Memo this week.
Were you surprised to read these accounts? You shouldn’t be.