Quote:
Originally posted by fr8
If its wasnt for the monopoly that debeers has then no one would care about diamonds because they would be cheap. debeers owns about 90% of all productive minds. They control how many diamonds they release to the public.
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ahah so true. Debeers gets an A+ in marketing. I am sure the gov of Holland doesn't mind.
What I don't understand is from what I hear, diamonds cannot be sold unless from DeBeer's, so how do they not own 100%? Or does that rule only apply in the west?