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A comment on A Diamond Market No Longer Controlled By De Beers. Parent comment

Re:A Diamond Market No Longer Controlled By De Beers by bradleyjg on Saturday May 24, 2014 @02:29PM (#7793976)
It's a strange many party prisoners dilemma out there, that is so far without a lot of defections. When the primary and secondary markets join together then prices will come down quite a bit. Right now, taking a diamond out of the store cuts its value at least in half.
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Re:A Diamond Market No Longer Controlled By De Beers by thruffle on Saturday May 24, 2014 @02:50PM (#7794026)
Or even if for cultural reasons the secondary market remains relatively unimportant, you'd expect prices to fall in the primary by quite a bit. Must say I'm surprised that it hasn't happened already. So far no defections seems like a reasonable guess, though I Googled for 10 seconds and couldn't find any further discussion of that guess.
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Re:A Diamond Market No Longer Controlled By De Beers by SoftwareMaven on Saturday May 24, 2014 @06:11PM (#7794572)
It sounds like China is joining the diamond consumer movement, which would increase demand significantly.
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