In this episode of the Paul Zimnisky Diamond Analytics Podcast, Canadian polished diamond wholesaler Mel Moss returns. Paul and Mel begin by discussing whether the current market downturn is more cyclical or secular in nature. The two then talk about the latest developments in man-made diamonds and Mel shares why he thinks LGDs will end up being sold out of gumball machines. The conversation then switches to the pending G7 (Western) sanctions on Russian diamonds and what it means for the larger industry. Paul and Mel then discuss expectations for the 2023 holiday shopping season, and finally, Mel candidly shares his views on De Beers being the industry’s steward.
Hosted by: Paul Zimnisky
Guest: Mel Moss
Guest plug: www.regalimportsltd.com
More information on PZDA’s State of the Diamond Market report: www.paulzimnisky.com/products
Show contact: paul@paulzimnisky.com or visit www.paulzimnisky.com.
Please note that the contents of this podcast includes anecdotes, observations and opinions. The information should not be considered investment or financial advice. Consult your investment professional before making any investment decisions. Please read full disclosure at: www.paulzimnisky.com.
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