首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
"Better a diamond with a flaw than a pebble without one," goes a Chinese proverb. That’s increasingly the mindset for invest
"Better a diamond with a flaw than a pebble without one," goes a Chinese proverb. That’s increasingly the mindset for invest
admin
2019-08-01
42
问题
"Better a diamond with a flaw than a pebble without one," goes a Chinese proverb.
That’s increasingly the mindset for investors—especially wealthier ones—seeking hard assets in the face of the ongoing market turmoil.【R1】______
In fact, diamonds actually outperformed other commodities in 2010, according to Saul Singer, a partner at the alternative assets investment firm Fusion Alternatives, which specializes in diamond investments. Says Singer:
"Many might remember 2010 as the year global commodity prices continued to surge. The Dow Jones-UBS Commodity Index ended the year up 36 percent. Strong gains were experienced across all major commodity markets with the industrial metals market leading the charge.【R2】______"
The U. S. consumer price index for jewelry(a CPI for jewelry)jumped by 11.9% on a year-to-year basis in July to a record of 176.46. That’s the seventh-straight month that the index climbed above the 170 level.
【R3】______ Not surprisingly, higher diamond prices and increased demand have boosted global diamond stocks as well. "We’ve seen much more demand than we can supply, especially for very expensive diamonds, which is where we operate. We expect a pause in the rise in diamond prices. It is unlikely that prices will continue rushing ahead as they’ve done in the past year. But then it will get back in its upward phase." noted Gem Diamonds Ltd. Chief Executive Officer Clifford Elphick in an interview with Bloomberg Friday.
The higher prices haven’t stopped the super-rich from trying to grab as many high-quality diamonds as they can. In an interview with CNBC Friday, Henri Barguirdjian, CEO of luxury jewelry Graff Holdings, said that burgeoning interest in diamonds as an investment is a relatively new phenomenon:
【R4】______These people never considered diamonds as an investment, but as something very beautiful and nice to own, it made their wife happy and it’s gorgeous to look at but they always neglected the financial aspect of the transaction. And now they see what has happened with the price of diamonds and they realize it is not so much a silly idea.
【R5】______
Of course, Barguirdjian has a vested interest in the idea of diamonds as an asset class and not just as pretty baubles. In his comments, he perhaps inadvertently hinted at the risks of this largely untested investment idea—and the reason that ordinary investors should probably tread carefully there, if at all. "Financial institutions are seriously studying the diamond market," he said. "We have been getting lots of calls by people who are doing reports on this and they want charts and price history to formulate their research. "
[A]This is something that has never happened before. We are being approached by money managers of very wealthy clients, or the wealthy clients themselves, all considering investing a small percentage of their portfolio in diamonds.
[B]The investment parameter of diamonds is their high value per unit weight, which makes them easy to store and transport. A high quality diamond weighing as little as 2 or 3 grams could be worth as much as 100 kilos of gold. This extremely condensed value and portability does bestow diamonds as a form of emergency funding.
[C]Investment diamonds gained 20 percent in 2010, however on a risk-adjusted basis, investment diamonds outperformed even the surging commodities market.
[D]The diamond company De Beers expends marketing efforts to encourage sales of diamond sizes and qualities which are being produced in relatively large quantities. They have also been known to take steps to discourage investment, primarily because they perceive that bubble prices which are followed by sharp falls are bad for long term consumer confidence in diamonds as a long-term store of value.
[E]With gold climbing to record highs in the past year—it topped $ 1,800 per ounce this week—many investors have been looking to diamonds as a viable alternative.
[F]De Beers, one of the world’s biggest diamond companies, says that while the increase of diamond prices was limited to 7% in the U. S. last year, spikes in China(26%)and India(37%)were much bigger and have continued in 2011.
[G]He added that some Forbes 400 types are investing up to $100 million in the diamond market these days, mostly favoring "finished" diamonds over rough ones. He says that affluent investors are starting to view diamonds as a great inflation hedge and as a low-maintenance investment that is traded all over the world.
【R2】
选项
答案
C
解析
此段前半部分表明2010年全球主要商品价格持续走高,而后半部分主要表明在工业金属市场的带领下,各领域都收入颇丰。[C]表明,投资钻石的回报率要远远高于其他商品的投资回报率。根据文章大意可知,文章主要讲的是在全球商品市场价格持续走高的大背景下,钻石作为投资品的回报率比其他商品要高出很多。可见,[C]符合上下文逻辑,与文章大意吻合,因此为正确选项。
转载请注明原文地址:https://kaotiyun.com/show/322Z777K
0
考研英语一
相关试题推荐
Americanpresidentsseemtoagebeforeoureyes.Butthecommonbeliefthathigh-officestressgraysourleadersfasterthan【C1】
Whilethemissionofpublicschoolshasexpandedbeyondeducationtoincludesocialsupportandextra-curricularactivities,the
Theshortergrowingseasonsexpectedwithclimatechangeoverthenext40yearswillendangerhundredsofmillionsofalreadypo
Theshortergrowingseasonsexpectedwithclimatechangeoverthenext40yearswillendangerhundredsofmillionsofalreadypo
Sugarposesenoughhealthrisksthatitshouldbeconsideredacontrolledsubstancejustlikealcoholandtobacco,argueateam
Thecountry’sinadequatementalhealthsystemgetsthemostattentionafterinstancesofmassviolencethatthenationhasseen
Thecountry’sinadequatementalhealthsystemgetsthemostattentionafterinstancesofmassviolencethatthenationhasseen
WhilewesterngovernmentsworryoverthethreatofEbola,amorepervasivebutfarlessharmful【C1】______isspreadingthroughth
AnonymityisnotsomethingwhichwasinventedwiththeInternet.Anonymityandpseudonymityhasoccurredthroughouthistory.For
Duchennemusculardystrophyisahorribledisease.Afflictingmainlyboys,itweakenstheirmusclesandeventuallyconfinesthem
随机试题
在(),逃避侦查或者审判的,不受追诉期限的限制。
任何两个并发进程之间
不符合乳腺纤维腺瘤特征的是
某位先生在食用大量海鲜后出现恶心、呕吐、腹泻、发热、上腹部疼痛,脐部阵发性绞痛,患者最有可能是()
劳合社的()遍及全球,是当今最重要的国际保险市场之一
采购部门在收到请购单后,只能对经过批准的请购单发出订货单。对每张订货单,采购部门应确定最佳的供应来源。()
“东边日出西边雨”这种天气现象发生的季节是()。
任何一项政策,它的功能都是通过事物间相互联系的动态形式所产生的作用而实现的。作用一般都是相互的。当一个事物对另一个事物发生作用时,必然要受到对方对它的反作用。这段话主要支持了这样一种观点,即( )。
【淮军】北京大学2001年中国通史真题;兰州大学2016年历史学综合真题
Thepatient,accordingtotheanalyst’sreport,is
最新回复
(
0
)