Investment Diamond Exchange Sees Smart Money Snapping up Diamonds in Anticipation of the Diamond ETF

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Savvy investors across the nation are beginning to line their investment portfolios with round, colorless brilliant investment diamonds because of the anticipated Diamond Exchange Traded Fund, currently undergoing SEC registration.

Savvy investors across the nation are beginning to line their investment portfolios with colorless, round brilliant investment diamonds. Why? They believe that the anticipated Diamond Exchange Traded Fund, currently undergoing SEC registration, will have a tremendously positive impact on the price of diamonds going forward. 

On August 7, 2012, the US Government patented a process that classified Investment Grade Diamonds for commercial trading and financial investments (Publication #US8239211 B2). Many diamond industry experts regarded this event as the precursor for diamonds being a publicly traded asset class, and now those predictions appear to be coming true. In April of 2013, a Physically Backed Diamond ETF was filed for registration with the Securities and Exchange Commission (SEC) and is anticipated to be available for trading on the NASDAQ Stock Exchange by 2014 (nasdaq.com/article/gemshares-files-for-diamond-etf-cm237952).

“Investors have an unprecedented opportunity to invest in diamonds before the launch of the physically backed diamond ETF later this year,” says Kristopher Schellhas, a former futures trader at the CBOT and co-founder of Investment Diamond Exchange. “Look at what happened to gold following the release of the Exchange Traded Fund (GLD) in 2004, the price of gold more than quadrupled in 7 years, “ he goes on to say.

Despite a government patent and SEC filing, many investors remain cautious when it comes to investing in diamonds. Schellhas counters by saying “The diamond market has changed, and that’s precisely why the U.S Government is backing these financial initiatives. All it takes is a little bit of education and vision to see the opportunity here.”

“Just last week we put together a 10 million dollar order for a wealthy individual, and we are in the midst of closing several additional multi-million dollar deals,” says Chris Duffield, co-founder of Investment Diamond Exchange. “We are also seeing strong demand from average everyday investors. We wanted to make sure everyone had a chance to capitalize on this opportunity.” Duffield continued.

Schellhas and Duffield have developed the Investment Diamond Exchange (IDX) to cater to investors who prefer to take physical delivery of investment diamonds. “We have essentially established a secondary market for investment grade diamonds by making diamond cutting and polishing factories around the world compete to list their inventory on our website,” says Duffield. “We have the lowest polished diamond prices in the industry and we provide liquidity for investors wanting to sell their diamond positions. These are the features that make our company so appealing to investors.”

IDX was founded by Chris Duffield and Kris Schellhas, both Miami University graduates. Chris Duffield was a former hedge fund trader with extensive experience trading all asset classes. Kris Schellhas graduated with a degree in Foreign Affairs. He formerly worked at the Chicago Board of Trade and has experience trading all asset classes, including emerging market exchanges.

Investors interested in learning more about IDX and the benefits of investing in diamonds should call (888) 444-1849 or visit InvestmentDiamondExchange.com. The company is accredited by the Better Business Bureau (BBB), has an "A" rating in Business Consumer Alliance (BCA), and a "Five Star" rating on TrustLink.

About Investment Diamond Exchange
Investment Diamond Exchange (IDX) is an internationally recognized diamond exchange located in Los Angeles, California. IDX was founded by a team of hedge fund traders and industry specialists to offer individual investors a liquid and price transparent market for 1 through 5 carat, GIA certified, investment grade diamonds. Our mission is to offer the best value and service available to diamond investors by providing price transparency, liquidity, and exemplary customer service. For more information call (888) 444-1849 or visit InvestmentDiamondExchange.com.

Disclosures
All information supplied including data, charts, news, and quotes are for informational uses only and are not intended for trading purposes. Furthermore, all information provided is not to be rendered as professional advice. By viewing InvestmentDiamondExchange.com you agree to waive any and all claims against InvestmentDiamondExchange.com or Investment Diamond Exchange, LLC and its partners with regards to the accuracy contained or supplied by this website or its distributed materials.

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Ray Young
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