If you only knew what young women do today, you would run, not walk away from marriage too.
Diamonds and Engagements
- Thread starter 97K15004WD
- Start date
Diamonds never lie to me
For when love's gone
They'll luster on
Diamonds are forever, forever, forever
For when love's gone
They'll luster on
Diamonds are forever, forever, forever
Young men are doing the same thing.
Nope, the dating site data doesn’t support this. An average male today is either a virgin when close to 30 years old or haven’t had any bedroom fun for over a year.
Nevermind
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Double post
I'd leave my wife in a heart beat 28 years if someone worth 50+ mill would want a broken down fitter. I'd keep her on the side keep both of us in the style i want to be a custom to.
But none of that relates to diamonds and engagements, now does it.
So, does the diamond industry know something is going to change with young men's "luck", and real soon!
So, does the diamond industry know something is going to change with young men's "luck", and real soon!
Interesting linked article - loving the theories for men's abstinence...doesn't paint some altruistic picture of what is driving the stats for men.
Here is another interesting statistic about a certain adult oriented website. So while the previous stats were about young males, this one seems to be about either divorced males or males in unhappy relationships.
Wow, I bet the diamond sellers didn't take that into account. Not to mention AI "girlfiends" - that never say "No".
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So, the moral of the story is to buy shares in OnlyFans if it's public and maybe short diamond related stocks?
I wouldn't.
I'd suppose they have a steady business. There is advertising remember. And diamond rings are only a western thing. Think about how many other places in the world haven't even been touched.
A lot of this stuff is clickbait, gloom and doom always sells, no matter the subject.
World event in 2020. Diamond market no different. Also the crash of 2008, diamond market no different. Always rebounds always will.
But articles made to look like news stories leave out the real facts or no one would be interested in the stories of the OP.
Such as this =
" Spike in Diamond Prices Isn't Putting Off Engagements
There is a reason diamond prices are going through the roof and if its not un in the USA its just in others countries we never thought possible. There is TONS of wealth in Asia and constantly growing.
Just as Tesla is in China, so are the diamond merchants.
"
And the ring? The ring better be up to the bride’s standards! Last year one bride-to-be rejected her suitorbecause the diamond was too small (She eventually gave in, once he agreed to increase the ring size to one carat).
Part of this is due to China’s now-defunct one-child policy. In Chinese culture, baby boys were preferred. That means there are now 30 million more men than women in China… and that means a lot of eligible bachelors may never find a bride. To get the girl, the men are going all-out.
World event in 2020. Diamond market no different. Also the crash of 2008, diamond market no different. Always rebounds always will.
But articles made to look like news stories leave out the real facts or no one would be interested in the stories of the OP.
Such as this =
" Spike in Diamond Prices Isn't Putting Off Engagements
- Signet has seen robust demand for engagement rings in 2022
- CEO says diamond prices have risen around 15%-20% this year"
(doesnt exactly sound like the theme of this entire thread does it?)
Spike in Diamond Prices Isn't Putting Off Engagements
Robust demand for engagement rings suggests 2023 is going to be another big year for weddings, according to one of the largest US jewelers.
www.bloomberg.com
There is a reason diamond prices are going through the roof and if its not un in the USA its just in others countries we never thought possible. There is TONS of wealth in Asia and constantly growing.
Just as Tesla is in China, so are the diamond merchants.
"
China
Go big or go home! In China, engagements are next-level moments. China makes American proposals and Prom-posals look sedate! A piece in The Atlantic detailed the amazing stories and great lengths some future grooms took to arrange the perfect engagement. Think a fleet of luxury cars arranged in a heart shape. Or a love note spelled out in hot dogs!And the ring? The ring better be up to the bride’s standards! Last year one bride-to-be rejected her suitorbecause the diamond was too small (She eventually gave in, once he agreed to increase the ring size to one carat).
Part of this is due to China’s now-defunct one-child policy. In Chinese culture, baby boys were preferred. That means there are now 30 million more men than women in China… and that means a lot of eligible bachelors may never find a bride. To get the girl, the men are going all-out.
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Diamond prices are going through the roof ^^^ it's not about the USA anymore. We tend to not understand how wealthy Asia is becoming. American ignorance I would say, that includes me until I become part of a family over there. Americans would be blown away by shopping malls over there, far exceed us in the USA in most all areas.Wow, I bet the diamond sellers didn't take that into account. Not to mention AI "girlfiends" - that never say "No".
Europe and USA still by far the largest buyers but one has to look where the growth is the highest.
Personally I love diamonds and dont think for a minute that most all significant others do not feel special getting diamond jewelry.
Whatever, its a gift, no different than any other, but it is a strong statement whether one wants to admit it or not and its not one that will go away to a large portion of the population.
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I would say posting outdated articles from 2022 is clickbait.
The diamond index is in the toilet now. It may be a good opportunity for investment though.
If Asians are as shallow as your post makes it out to be (bride demanding a bigger diamond) and if that’s the norm over there (I doubt it) then it should rebound quickly.
The diamond index is in the toilet now. It may be a good opportunity for investment though.
If Asians are as shallow as your post makes it out to be (bride demanding a bigger diamond) and if that’s the norm over there (I doubt it) then it should rebound quickly.
Excellent point, was unaware until I just saw your post and confirmed. I would only guess this abrupt change maybe do to interest rate increases and a slowing of the economy. I mean a story about people not getting engaged would not hold water for an overnight change like this.
Then one must take into account the unprecedented rise in the diamond prices on the chart. Supply and demand coming out of covid I would think, and with most massive increases in any product sometimes is followed by a lull. Maybe, but I read this like a product of massive Fed tightening and rate increases and oversupply do to the massive peak on the chart.
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I learned why that is.
Insurance will collect premiums based on the appraisal.
They will never pay out more than what it costs for them to replace it themselves.
Your cost $15,000
Appraisal $30,000–insurance premiums based on this number
Wholesale value $6,000. This is what they will pay out in cash. More likely they will replace with a like stone, based on your report. You don’t have one, or it’s IGI or something? Likely the stone is worth $3500.
your personal friends in the business will concur with the a above
Our homes tend to be over insured and insurance will never pay those numbers but they will collect the premiums
