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Taking Cue from Celebrities, Investors Adding Diamonds to Their Portfolios

Geena Davis, star of "Commander-in-Chief," was recently seen on the Red Carpet in an Escada dress accessorized with ruby earrings surrounded by 14 carats of diamonds. But women aren't the only stars who add sparkle to diamonds. Trendsetter and leading man Jamie Foxx often shows up to Hollywood galas wearing his favorite diamond-studded watch.

Financial In Market Clearly, when Hollywood celebrities shine, there's more than their star wattage at work. But celebrities aren't only wearing diamonds; they're also designing and lending their names to jewelry lines. The Paris Hilton Limited Edition Watches, for example, feature up to nine carats of diamonds and over 1,000 stones. Abazias Diamonds (www.abazias.com), the exclusive online retailer of the Paris Hilton line, features three of the watches: the Cotton Candy, Canary, and Pink in Love.

In 2000, Chris passionately turned his focus to trading to the capital markets with a primary focus on currency trading. Chris was mentored in technical analysis and trading by one of the best fund managers, winner of the Daiken Award for best new fund for private equity, in the FX industry. Chris currently manages funds with his mentor and partner on behalf of exclusive private investors. Chris received his CTA (Commodity Trading Advisor) accreditation, which includes the Series 3 exam requirement and is registered with the National Futures Association.

Oriental Trading "Highly recognizable celebrity brand names - such as Paris Hilton - appeal to a very broad cross section of our customer base," says Oscar Rodriguez, CEO of Abazias Diamonds. He adds, "Abazias showcases over 70,000 diamonds online, and our quality and variety of stones combined with our incredible pricing makes Abazias peerless in the marketplace."

    day data; from yearly down to time and sales bars.
  • Save your data in ASCII text format or in the popular MetaStock data format.
  • Run timed updates during the trading session or at the end of each day. Within QCollector, create a new ASCII or Metastock portfolio by choosing the corresponding option from the "File" menu. click on the folder for the new Portfolio and choose "Add Symbol to Selected Portfolio..." to add the desired symbols to this portfolio. clicking on the Portfolio and choosing "Collect Portfolio". The data will be saved in the location you specified when creating the Portfolio. Import the data into TradingSolutions by selecting the import from a file option and choosing the appropriate ASCII data file(s) or the MetaStock "Master" file.

Financial Forex Forex Software As investors are discovering, the market for diamonds has never been hotter. At the retail level, LVMH Moet Hennessy Louis Vuitton saw a 16 percent increase in sales of watches and jewelry in 2005. The typical luxury goods customer spends close to $50,000 each year on such goods, and the luxury market, as well as the diamond trading and mining industries are expected to continue their upward growth trend.

In 2000, Chris passionately turned his interest to trading in the capital markets with a primary focus on currency trading. Currently he manages funds on behalf of exclusive private investors and institutions. Chris was mentored in technical analysis and trading by one of the best fund managers, winner of the Daiken Award for best new fund for private equity, in the FX industry.

Trading Analysts are projecting that the world's largest diamond merchant, De Beers' Diamond Trading Company, will rack up $6.6 billion in sales during 2006. In addition, news reports indicate that mining operations around the globe are gearing up for record production.

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Trading Financial System In Venezuela, for example, President Hugo Chavez has formed the National Mining Corporation, which will take back underutilized mines and increase production in that country. At the same time, Australia and Canada are drawing investors for mineral exploration. In Africa, Namibia's stable government has paved the way for mining investments by offering mineral royalties, and is optimistic that the 28 percent diamond production increase during 2004 will be repeated.

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Day Trading Increases in diamond imports also bode well for investors. In China, for example, imports increased by 11 percent in 2005.

Forex Financial Trading The Here in America, new sales markets are increasing the demand for diamonds. Men's jewelry sales are up a reported 20 percent, and as a result, an increasing number of fine jewelry manufacturers are introducing or expanding their men's lines. The next time the Red Carpet is rolled out, expect to see Hollywood's male elite sparkle - and maybe even outshine - their female co-stars!

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