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.
