Tom Lydon on CNBC’s Street Signs: Are Diamonds the Next Gold?
April 16, 2012 at 15:08 PM EDT
IndexIQ filed for a diamond-backed exchange traded fund (ETF) and has investors wondering if diamonds will be commoditized. Tom Lydon spoke on CNBC today about how the pricing of diamonds is different than the pricing of gold and what that might mean for an ETF. He also touched on what it could...