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A comment on Lab-grown diamonds threaten viability of the real gems. Parent comment

Re:Lab-grown diamonds threaten viability of the real gems by pluma on Friday March 09, 2018 @07:57AM (#16551390)
Sure but even "natural" diamonds aren't as rare as they're made out to be. There's an artificial scarcity because De Beers wants to keep the prices up:

http://www.washingtonpost.com/wp-dyn/content/article/2010/07...

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Re:Lab-grown diamonds threaten viability of the real gems by rhino369 on Friday March 09, 2018 @10:32AM (#16552384)
The De Beers cartel fell apart when mines in other locations were established. It was only valued at 13 billion in 2011.

De Beers definitely mined cornered the market for a long time. But its over.

The meme that diamonds are falling off frees if not for De Beers is not accurate. But with these artificals, it may very well come true.

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Re:Lab-grown diamonds threaten viability of the real gems by dsacco on Friday March 09, 2018 @08:00AM (#16551405)
I’m well aware of all of that, I was just commenting on the legitimacy of peoples’ preferences with regard to natural versus artificial items.
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