RyanCalebParticipantOctober 5, 2017 at 10:01 amPost count: 24
Everyone I respect tells me to buy gems for beauty, not for capital gains. Once a stone is sold retail, there is a significant discount on resale
Gems are not an investment, and not a commodity.
Unlike gems, gold is a commodity that’s bought and sold at one universally agreed-to price around the globe, plus a relatively small sales commission.
We have to pay retail for gems, but sell them at wholesale.
If wholesale price is half of retail, gems would have to double in value just to break even.
So much for gems being an investment.
I didn’t find the right solution from the Internet.
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