Hundreds??? Try thousands. I know a guy who just got engaged who bought is fiancee a $6000 ring. He makes $37,000 a year. That is 16% of his income right there, and he had to borrow the money from his parents.
Hundreds??? Try thousands. I know a guy who just got engaged who bought is fiancee a $6000 ring. He makes $37,000 a year. That is 16% of his income right there, and he had to borrow the money from his parents.
DrPizza
Administrator Elite Member Goat Whisperer
Don't think I haven't thought about writing a movie script about a band of commandos who decides to topple De Beers and totally and utterly kill the diamond trade. I mean, hey, what better way to take a jab at De Beers than by attacking them in the very medium they used to brainwash everyone with?
You heard it here first. ;-) Hey, and I'll join in on the "Take Out De Beers" raid. It'd be sweeter if it was based on a true story. ;-)
The diamond is made of carbon, the most common substance on this planet.Originally posted by: Eli
I didn't read your post in full.. but it sounds to me like you're saying diamonds are worthless, when they clearly are not.
They are worth $ because they're rare and considered precious gems. Same principal as Gold.
I just won't buy any diamonds from De Beers.
Other gems are far more rare, sapphires, emeralds in gem quality are far more scarce.
The value of the stones is artificially supported in that most diamond sales are through the De Beers cartel and only under controlled conditions.
If you buy a diamond in the retail market, it's from DeBeers. Most custom stones are also.
Someone would be marketing any "Cartel Free" stones as such as well, I would think.
Originally posted by: pukemon
Ahh yes I've read this before some time back. I agree completely however, facts won't changed time honored tradition, and it sure as heck isn't going to change the mindset of the just about the entire world's female population.
So basically, suck it up fellas, a diamond is forever(tm).
On the other hand (no pun intended), a cubic zirconia might not be forever, but most people can't tell the difference anyway.
Frankly I didnt know anything about this... Not to knock you or anything do you have sources that give more info? Maybe a bibliography of magazines or books or something?
I realize what diamonds are made of. That doesen't change the fact that they're still rare.Originally posted by: AlienCraft
The diamond is made of carbon, the most common substance on this planet.Originally posted by: Eli
I didn't read your post in full.. but it sounds to me like you're saying diamonds are worthless, when they clearly are not.
They are worth $ because they're rare and considered precious gems. Same principal as Gold.
I just won't buy any diamonds from De Beers.
Other gems are far more rare, sapphires, emeralds in gem quality are far more scarce.
The value of the stones is artificially supported in that most diamond sales are through the De Beers cartel and only under controlled conditions.
If you buy a diamond in the retail market, it's from DeBeers. Most custom stones are also.
Someone would be marketing any "Cartel Free" stones as such as well, I would think.
Shrug. I'm sure theres another side to the story.
Yea I learned about thhe truth about diamonds about 8 years ago, but women still dig them. Think of them as sentimental value I guess
Originally posted by: Eli
I realize what diamonds are made of. That doesen't change the fact that they're still rare.Originally posted by: AlienCraft
The diamond is made of carbon, the most common substance on this planet.Originally posted by: Eli
I didn't read your post in full.. but it sounds to me like you're saying diamonds are worthless, when they clearly are not.
They are worth $ because they're rare and considered precious gems. Same principal as Gold.
I just won't buy any diamonds from De Beers.
Other gems are far more rare, sapphires, emeralds in gem quality are far more scarce.
The value of the stones is artificially supported in that most diamond sales are through the De Beers cartel and only under controlled conditions.
If you buy a diamond in the retail market, it's from DeBeers. Most custom stones are also.
Someone would be marketing any "Cartel Free" stones as such as well, I would think.
Shrug. I'm sure theres another side to the story.
They're not rare. Diamonds are among the most abundant "gem" stones in the earth, the problem is, almost all of the mines are in Africa - Under the control of De Beers.
If tomorrow morning, a small group of mercenaries decided to launch an attack and was able to destroy De Beers infrastructure and liberate their diamond reserves, to flood the market with them....their value would fall the tens of dollars, instead of the thousands.
Yea I learned about thhe truth about diamonds about 8 years ago, but women still dig them. Think of them as sentimental value I guess
911paramedic
Diamond Member
- Jan 7, 2002
- 9,448
- 1
- 76
I believe gold is a bit different than diamonds. They actually have value, as it can be used as currency. Correct me if I am wrong?
HA HA
My gf is a big Tiffany's fan, yet she was futzing around on some "Design your own ring" website and the "dream ring" she coughed up was only $1600....I was quite surprised. I was quite expecting her "dream ring" to be similar to yours
As for the diamond cartel, it's true, but the same crap goes for a lot of big business. OPEC oil funds so much of the crap going on in the middle east, but how many of us are still driving cars and using other petroleum products?
Also this article must be somewhat outdated since it mentions Zaire instead of Dem. Rep. of Congo...
Ah...another good one.
Oil is a commodity. It is a fuel. It is used in everything from cars to plastic. If we stopped using oil today, our society would crumble.
Oil is an unnecessary evil, but a temporary one.
Diamonds serve NO purpose whatsoever. Don't you feel awful that you've been brainwashed into believing that giving diamonds was some sort of long-standing tradition, when in reality, it's younger than your grandparents?
Oil is a commodity. It is a fuel. It is used in everything from cars to plastic. If we stopped using oil today, our society would crumble.
Oil is an unnecessary evil, but a temporary one.
Diamonds serve NO purpose whatsoever. Don't you feel awful that you've been brainwashed into believing that giving diamonds was some sort of long-standing tradition, when in reality, it's younger than your grandparents?
Originally posted by: Jzero
HA HA
My gf is a big Tiffany's fan, yet she was futzing around on some "Design your own ring" website and the "dream ring" she coughed up was only $1600....I was quite surprised. I was quite expecting her "dream ring" to be similar to yours
As for the diamond cartel, it's true, but the same crap goes for a lot of big business. OPEC oil funds so much of the crap going on in the middle east, but how many of us are still driving cars and using other petroleum products?
Also this article must be somewhat outdated since it mentions Zaire instead of Dem. Rep. of Congo...
But oil actually serves a usefull purpose. It is the engine of our economy. When it comes down to it, diamonds serve no practical purpose other than cutting things.
That makes me wonder - How much would manufacturing costs decrease if the ability to get ahold of high-grade natural diamonds became 1000% cheaper?
"Honey, I read a fascinating article today that detailed the horrors the diamond trade. It was eye-opening. Here's a copy."
It's not that freaking hard.
Ahh, ok. So it's ok to sacrifice the lives of brown people in north africa/middle east because the result of their death has more meaningful benefit to our society. I think I follow the logic
BTW, according to this, diamond engagement rings have been in use for hundreds of years. DeBeers created the idea that a diamond ring was the ONLY ring, but giving diamonds did not start in the 1930s.
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