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Originally Posted by ObieX
Then again with all those synthetics around the price for real diamonds may go up. We have been mining diamonds for a long time now, im suprised the market isnt flooded with them already to be honest. I mean its not like they decompose or are edible.
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You can thank De Beers for that. As I understand it, De Beers has a crapload of diamonds but only releases a small amount to keep the price up.
And diamonds do slowly "decompose" back into the graphite form of carbon (we're talking millions of years, though).