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Originally Posted by Slavakion
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).
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Exactly.
Diamonds are neither expensive nor rare.
But like Bill Gates beating down Apple, like VHS winning over Beta, DeBeers has managed to pretty much corner the diamond market, control the price AND make everyone think that they NEED a diamond.
Now the big push for them is to make the synthetic stones somehow "fake" or somehow "lesser" than the natural ones.
BS cubed.
Dug out of the ground or made in a lab, it's the same damn mineral. I would by a lab made stone in a second.