Friday, July 27, 2007

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The Diamond Market
There are fewer than 200 or so companies or people authorized to buy these rough diamonds from De Beers. These “sightholders” tend to meet in Antwerp, Israel, London, and New York. They trade under the organizations of “The Syndicate”, “Central Selling Organization”, “Diamond Trading Company”, “Antwerp World Diamond Center” where these sightholders will sit across from each other and haggle ( to argue in bargaining ) on the numerous rough, polished and industrial diamonds through a formal contract of a simple handshake with the words “Muzel” exchanged. Diamonds are the most coveted of all precious gems, as is witnessed by the extremely high demand for them. While this has not always been the case, diamonds are nonetheless exquisite gems that go through a long, tedious refining process from the time they are pulled from the ground to when you see them in the jewelry store. And, while some of the mystique of diamonds may be gone -- they're just carbon, after all -- the diamond will likely continue to be a highly coveted jewel, because, well, "A Diamond is Forever."

real state

The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property.In law, the word real means relating to a thing (from Latin res/rei, thing), as distinguished from a person. Thus the law broadly distinguishes between [real property] (land and anything affixed to it) and [personal property] (everything else, e.g., clothing, furniture, money). The conceptual difference was between immovable property, which would transfer title along with the land, and movable property, which a person would retain title to. (The word is not derived from the notion of land having historically been "royal" property. The word royal — and its Castilian cognate real — come from the related Latin word rex-regis, meaning king.)

realstate

The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property.In law, the word real means relating to a thing (from Latin res/rei, thing), as distinguished from a person. Thus the law broadly distinguishes between [real property] (land and anything affixed to it) and [personal property] (everything else, e.g., clothing, furniture, money). The conceptual difference was between immovable property, which would transfer title along with the land, and movable property, which a person would retain title to. (The word is not derived from the notion of land having historically been "royal" property. The word royal — and its Castilian cognate real — come from the related Latin word rex-regis, meaning king.)

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