Anthony Pompliano
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the customer is saying, they told me it was 14 carats and he takes out his machine and he measures it and it's like 10.
And he is pissed off because another, uh, jeweler, I think it's, uh,
okay or something like that uh diamonds is using the tracks nyc name in some form or fashion okay but selling jewelry at less than what you know kind of from a substance standpoint
So the video goes viral because TraxNYC walks into the jeweler and is screaming and yelling and pointing.
I mean, like if you thought making a scene, think 10 times worse, takes it, slams it on the tables, like give him his money back and whatever.
And a fight breaks out.
And when the fight breaks out, basically there is security camera footage.
They try to choke him with his chain around his neck.
And so eventually the diamond folks get arrested, not for selling jewelry that wasn't at the substance, but for fighting and physical assault, you know, all that kind of stuff.
So you back up for a second.
You say, wait a second.
That's one incident.
I haven't thought about gold, jewelry, diamonds, any of that stuff in a long time.
But I saw that video and the two things immediately came to mind.
Have you seen a video of the diamond prices?
Or, sorry, an image of the diamond prices?
Yeah, yeah, yeah.
Since the rise of- Secular decline.
Yeah.
Lab-grown diamonds have exploded in popularity and real diamond values have completely fallen off a cliff.