[mgstarr]

Diamonds are a big con. They have no value. Wearing them represents your stupidity.

Sell them and buy gold right?

Actually I had a hard time getting past a publication calling itself Jewsweek though. Kinda kitchy though.

Oy.

[Dialup Llama]

Diamonds are a con because they are much more common than their price would indicate. There is NO investment demand for them because investors know the market is crooked. Terrorists like them because they are non metallic and contain alot of value for their size, but only as a temporary transaction not a store of value. Dictators like them because in places you can pick them up off the ground without the need for a complex industrial infrastructure.