On today’s episode of Making Money With Matt McCall, Matt sits down with Cormac Kinney – the founder of the world’s first producer of diamond commodities. His company is Diamond Standard, which is a technology developer, diamond market maker, and commodity producer in New York City. In other words, it created a whole new asset class and made diamond investing possible for the average investor.
That gave Kinney and Matt a lot to talk about, including diamonds’ impressive performance throughout history, where the market stands today, and where Kinney sees it heading in the future. Learn more at https://diamondstandard.co/
#diamond #investing #gold
00:00 What is Diamond Standard?
03:26 Price of a Diamond Standard coin
5:39 Can diamonds be a hedge against inflation?
10:00 Can investors buy diamonds through IRA?
10:41 How will the diamond be taxed?
11:50 Lab-grown diamonds v.s. natural diamonds
13:44 Diamond ESG
15:44 Diamond Standard bar vs coin
16:36 Gold v.s. diamond
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