In this final update for 2019, we are going to review a handful of key points which we think clients of Australian Diamond Portfolio should keep front of mind as they work out how best to structure their investments as we head into the next decade.
The report will review:
- The performance of pink diamonds in 2019
- How far equities could fall in the next correction
- Risks in defensive assets like cash and bonds
- Why Australia will continue to struggle economically
As you will discover from reading this report, the 2020’s promise to be a very rewarding period for pink diamond investment, with this unique asset class set to benefit from multiple tailwinds.
These include the pending closure of the Argyle Diamond Mine, as well as an economic and financial market environment that will continue to push astute investors toward hard tangible assets.
We trust you will enjoy the report, and encourage you to share it with friends, family and colleagues that you think would benefit from reading it.
Diamond Demand Strong as Argyle set to Close
Pink diamond demand was strong throughout 2019, with Australian Diamond Portfolio having its busiest year ever. The increase in demand that we saw in our business personally was in line with global trends, best evidenced through the strength of this year’s Argyle Tender.