investing

In the 1980s, the family heirs to a ranching business in Texas discovered they owed the IRS about a million dollars. To pay the bill, either had to sell the family business or sell off the gem collection their father's gem stach. He had kept hundreds of gems. The family was fine with this option. They had always thought Warren Hancock was a little crazy for spending all that money on colored diamonds.

As an investment: diamonds may be compared to stocks and bonds, property and commodities, but for most people they are keepsakes which are meant to last a lifetime. 

AP-

Victoria City, Hong Kong (AHN) - Oil prices almost reached $99 a barrel on Monday due to rising demand and limited supply; the colder weather in the U.S. and Europe; and the weakening U.S. dollar.