3 ms·
Jewels, as in diamonds are non-metalic. gold is different beast
by 988747 4y ago
Jewels, as in diamonds are non-metalic. gold is different beast
- MerelyMortal 4y agoHopefully diamonds will be like gold in that Twilight Zone episode. Diamonds were worthless until De Beers paid a marketing agency to make the public think they are valuable.
- coffeebeqn 4y agoThe loss of value when you as a private citizen sell diamonds is going to hurt a lot compared to gold where you only lose a few percentages to premium spread. With shady diamonds you probably lose 80-90% of the value when you attempt to sell them. If I was hiding wealth it would definitely be gold. Maybe just do multiple sites geographically dispersed so if you lose one it’s not such a big deal
- Scoundreller 4y agoor rubies, or emeralds or any other countless gems that are actually rare (but industrially useless...)