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Bluenile, Yehuda, and others raising prices Freddy Diamonds still lowest
By admin | July 14, 2011
Diamond prices are being raised by everyone in the business. The reason why is sellers are having to bow down to the industry that eats its own. The price of diamonds is going up because of the sellers like Debeers are raising prices because we are in a recession. Not because there is a shortage. In other words there are not enough people buying diamonds so the indsutry itself is raising its prices. In other words creating a false DEMAND. India and China are buying diamonds over 2 ct in size to consume the diamond market. This is causing all diamond sellers to raise prices.
However just like everyone misses “all diamonds” Diamonds are hype and this is more of it. Everyone forgets they are a utility to get married. The industry certainly does not want Freddy to share this information. Freddy sells lower than anyone , without hype, low overhead, low cost diamonds that have been cleaned up with a laser and look great. Nobody in the industry is going to pat Freddy on the back but you will.
Have you ever heard of anyone making money in the general public on a diamond? I doubt it. I have enough trouble winning over my customers while still offering low prices. Value? Spend 50k at Tiffany and try to sell the diamond a year later do you really believe you will get half back?
The industry has no choice but to raise prices as they are purchasing at higher prices not because of retail demand but because the industry itself is buying up its own diamonds to create a false demand for the diamonds that are so plentiful around the world.
Luckily one seller has been able to hold his own inventory for a long time and still with recent price increases Freddy Diamonds is still the lowest price seller of diamonds anywhere. You can get real diamonds cleaned up by a laser from Freddy Diamonds for thousands of dollars less than anywhere else.
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