I always heard that there was really a mega-glut of diamonds... 
that De Beers and other gem suppliers held back to make the high prices reflect scarcity--
I sure do hope the booze making guys... 
don't hear about this!
Posted on 05/29/2018 10:07:50 PM PDT by Berlin_Freeper
... De Beers said it would invest $94 million over four years to build a new synthetic diamond production facility near Portland, Oregon.
(Excerpt) Read more at money.cnn.com ...
How’s the dispersion between natural and synthetic?
Yes, "they" can, just nowhere nearly as economically as diamonds. Synthetic diamonds go back to the 1960's. It's only lately that it's become economical.
I do doubt that gold will be economically synthesized any time soon.
I'm sure there was no cause and effect :-)
“My first wife was a GIA certified jeweler and diamond buyer. I gave her a synthetic diamond engagement ring because we especially knew about the ridiculous mark-up.”
Didn’t know about the synthetics, but I gave my wife a cheap ‘real’ diamond (at least that’s what we were told) for engagement...and that was it. All fake stuff after that.
There’s a saying: “A diamond is much more valuable when you buy it, than when you sell it.” In other words, you learn the true ‘value’ of a diamond when you try to get a dealer to buy it back from you.
Lab-made diamonds have the same refractive index, density, hardness, dispersion, and crystalline structure as diamonds mined. No difference at all
Gold can't be synthesized in any practical way. Gold is an element and unlike diamonds which are just an allotropic form of carbon, gold is not a form of something else. In fact gold isn't even on the normal chain of events in nuclear fusion and is only created in nature by supernovas. However it can be created in a nuclear reactor by bombarding either platinum (more expensive than gold to start with) or mercury but alas only radioactive gold is created and then it decays into something else.
One one my application time favorites! And of course, a great love story. Now I have to make it a summer re read.
My wife generally doesn't wear jewellery, so for me it would make little difference
I.E., producing diamonds synthetically is less expensive than mining them.......was bound to happen .......
I always heard that there was really a mega-glut of diamonds... that De Beers and other gem suppliers held back to make the high prices reflect scarcity--
I sure do hope the booze making guys... don't hear about this!
“Nobody pays retail anymore, why should you?”
No.. millenials can’t borrow more money from Mom & Dad to buy the real thing without cutting into their allowance.
They have. Right now it takes special equipment to tell the difference.
Actually, they can synthesize gold ... just not economically.
https://www.scientificamerican.com/article/fact-or-fiction-lead-can-be-turned-into-gold/
On Freemont Street, in Las Vegas, you can walk up to sidewalk vendors who will "write your name on a grain of rice."
I would find an image on a wedding diamond to be about as interesting.
Fred Meyers (Grocery store + jeweler) sells Canadian Ice diamonds fairly cheap.
I don’t know about large diamonds. I’m sure the mark-up is ludicrous; but when it comes to those pave diamonds they add up to a carat- those are given FREE to jewelers when they buy the bigger diamonds. So paying per carat price for free chips is criminal.
Just wondering how many posts will be here before someone posts the YouTube of Ron White...
Mark
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