Podcast Episode: Andrew Rickard
Podcast Episode: Andrew Rickard
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In this 64th episode of the Paul Zimnisky Diamond Analytics Podcast, Andrew Rickard from RDI Diamonds, a large diamond and jewelry wholesaler in Upstate New York, joins the show. The episode begins with Paul and Andrew talking about Oak Hill Country Club of which Andrew is a member. Next, the two analyze the state of diamond inventory in the supply chain and how currently volatile diamond prices are impacting the trade. Then they share their intermediate and longer-term views on lab-grown diamonds and the impact on natural diamonds. Next, they discuss falling consumer engagement ring budgets, diamond grading from the standpoint of a wholesaler, and if retailers will pivot back to prioritizing the selling of natural diamonds (over LGD). Finally, the two discuss how Western sanctions on Russian diamonds could impact what is already a fragile diamond market.
This podcast can be streamed below but is also available for download on Apple Podcasts and Spotify. Please share and subscribe!
This podcast can be streamed below but is also available for download on Apple Podcasts and Spotify. Please share and subscribe!
Hosted by: Paul ZimniskyGuest: Andrew RickardGuest plug: www.rdidiamonds.comDate recorded: June 26, 2024Date published: June 29, 2024Length: 42:18
More information on PZDA’s State of the Diamond Market report can be found here.
Disclaimer: Please note that the contents of this podcast includes observations and opinions and the information should not be considered investment or financial advice. Consult your investment professional before making any investment decisions. Paul Zimnisky and the guest does not accept culpability for losses and/ or damages arising from the use of this content. Third party use of the content is only permitted with permission.
More information on PZDA’s State of the Diamond Market report can be found here.
Disclaimer: Please note that the contents of this podcast includes observations and opinions and the information should not be considered investment or financial advice. Consult your investment professional before making any investment decisions. Paul Zimnisky and the guest does not accept culpability for losses and/ or damages arising from the use of this content. Third party use of the content is only permitted with permission.
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