Sparkling Investment

Fast Money Portfolio

They’re beautiful to behold and Elizabeth Taylor often said they often brought her luck, but are diamonds smart investments?

Some pros say absolutely, especially if you’re an investor who regularly puts money to work in gold or silver, in part because diamonds offer lower volatility than most other hard assets.

Curious? Get all the details from Peter Laib, chairman of Zurich based Diamond Asset Advisors. Watch the video now!

Posted by CNBC's Lee Brodie

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Trader disclosure: On June 20, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long MSFT; Karen Finerman is long M; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDY; Tim Seymour is long BAC; Tim Seymour is long INTC; Tim Seymour is long SBUX; Brian Kelly is long AAPL; Brian Kelly is long BAC; Brian Kelly is long PNC; Brian Kelly is long JPM; Brian Kelly is long WFC; Brian Kelly is long DD; Brian Kelly is long DOW; Brian Kelly is long MMM; Brian Kelly is long GNRC; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU

For Josh Brown
Nothing to disclose

For Lawrence Goodman
Nothing to disclose

CNBC.com with wires.