Quote:
Originally Posted by crockett
Diamonds aren't as rare as De Beers likes you to think.. It's just a product that has been manipulated on a grand scale world wide.
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Quote:
Originally Posted by Barefootsies
Correct.
They are actually very common. However, De Beers buys up all of the mines, and only releases so many per year. Basically manipulating the market and control of them. There are a number of documentaries on this. It's interesting to say the least.
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Quote:
Originally Posted by pornguy
No they are not rare they are controlled.
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This is as true as can be - diamonds were distributed to "sites" (sp?) who were given bags to buy. They were allowed to refuse one bag in their lifetime. DeBeers has vaults of diamonds and only releases them sparingly create demand.