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De Beers admits defeat over man-made diamonds
money.cnn.com ^ | May 29, 2018 | Ivana Kottasová

Posted on 05/29/2018 10:07:50 PM PDT by Berlin_Freeper

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To: Lurkina.n.Learnin

DeBeers actually bought diamond mines and shut them down to control the market.

The world’s biggest car graveyard is in Namibia, of all places.

Why? Because it is easy to secrete a diamond in a vehicle, so once a car enters De Beers Land, it never leaves.


41 posted on 05/30/2018 6:52:01 AM PDT by T-Bone Texan
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To: mrsmith
Guess the quality of lab diamonda has greatly improved.

The quality of man made diamonds have exceeded those of natural ones for years. Personally, I see no point whatsoever in preferring 'natural' diamonds.

42 posted on 05/30/2018 7:31:56 AM PDT by zeugma (Power without accountability is fertilizer for tyranny.)
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To: zeugma

Lol, so it’s kinda like choosing synthetic oil for your car nowadays. It’s makes your car go longer between oil changes and it has better viscosity for the engine.


43 posted on 05/30/2018 10:28:22 AM PDT by prophetic (Trump is today's DANIEL. Shut the mouth of lions Lord, let his enemies be made the Cat Food instead.)
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To: prophetic
Lol, so it’s kinda like choosing synthetic oil for your car nowadays. It’s makes your car go longer between oil changes and it has better viscosity for the engine.

Pretty much. I've known for years that diamonds were crap anyway. Fortunately my wife wasn't a fan either.

44 posted on 05/30/2018 11:24:22 AM PDT by zeugma (Power without accountability is fertilizer for tyranny.)
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To: Berlin_Freeper

A wise woman once said that after she tried to sell her engagement ring, she was horrified at how little they were giving her for it. The owner of the pawn store told her that compared of investing in guns, diamonds has only 10% of the purchase price compared to 100% or more for guns. Plus guns are easily sold in many places.


45 posted on 05/31/2018 1:06:41 AM PDT by prophetic (Trump is today's DANIEL. Shut the mouth of lions Lord, let his enemies be made the Cat Food instead.)
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To: PGR88; Berlin_Freeper

Gold is an element. A diamond is a form of Carbon (an element) - just as Coal, graphite etc. are forms of carbon. Changing one form to another is doable - you change the atomic structure. But changing one element to another requires sub-atomic changes.


46 posted on 06/01/2018 12:31:09 AM PDT by Cronos (Obama's dislike of Assad is not based on his brutality but that he isn't a jihadi Moslem)
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