Sunday, February 22, 2009
Now Might be the Time to Propose
Even if you don't have a potential soul-mate in your life, you may still want to take advantage of the decline in diamond prices and purchase a ring for a fiance to be named later. Bloomberg recently reported that demand for gems have declined by half causing the largest diamond company DeBeer's to take out a $500 million loan to weather the current global downturn. In the same article, a diamond analyst was quoted as saying that diamond prices have also declined by half in recent months. So gentlemen, instead of that measly 2 carat diamond, you'll be afford a 4 carat ring that will surely impress your lady and hopefully earn you some pre-marital brownie points.
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