Last week, my pondering and discussions have generated one clear conclusion so far, regarding the supply side of the diamond market. The recovery will only start when the over-supplied market is balanced. De Beers and Botswana have drastically cut their diamond production, and the Russians have kept large stocks in Gokhran, their state treasury. Obviously, the Angolans, as a third world producer, should take similarly strong measures. But what about the demand side of the market?
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