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Today is Sunday, March 21, 2010 at
-
Countdown to Market Close:
Seeking Alpha – Usually when Wall Street talks about hard assets, they’re talking about precious metals or commodities, things you can touch or feel or consume.
But hard assets can mean other things – things that bring pleasure like art, vintage cars or rare stamps . Let’s call them ‘real’ assets’ or ‘stable assets.’
So what’s happening to real assets in this volatile environment ? Demand is booming. But compelling values still exist.
“Rare diamond and gemstone prices have been steadily rising and auction houses have been selling investment grade gemstones at record sales ” reports Reuters.
Read Complete Article
Tags:
auction houses ,
commodities ,
gemstone prices ,
gemstones ,
pleasure ,
precious-metals ,
rare diamond ,
rare stamps ,
real assets ,
record sales ,
reuters ,
seeking alpha ,
Syndicated ,
vintage cars ,
volatile environment ,
wall street
Related posts
Tags: auction houses , commodities , gemstone prices , gemstones , pleasure , precious-metals , rare diamond , rare stamps , real assets , record sales , reuters , seeking alpha , vintage cars , volatile environment , wall street
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