ickplant@lemmy.world to cats@lemmy.world · 17 hours agoAbsolute insanitylemmy.worldimagemessage-square127fedilinkarrow-up11Karrow-down114
arrow-up1986arrow-down1imageAbsolute insanitylemmy.worldickplant@lemmy.world to cats@lemmy.world · 17 hours agomessage-square127fedilink
minus-squarefurry toaster@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up5·9 hours agonatural diamonds, are indeed rare, in part because of the marketing campaign driving up demand for an completely useless use of them
minus-squareTranscendentalEmpire@lemmy.todaylinkfedilinkarrow-up15·7 hours agoThey really aren’t, De Beers just had a cartel on the diamond industry and artificially restricted the supply to drive up prices. They have massive deep storage vaults filled with gem quality diamonds just so it can maintain pricing.
minus-squareChaotic Entropy@feddit.uklinkfedilinkEnglisharrow-up9·8 hours agoGem quality materials are overall “rare”, but among gems… diamonds are practically common.
natural diamonds, are indeed rare, in part because of the marketing campaign driving up demand for an completely useless use of them
They really aren’t, De Beers just had a cartel on the diamond industry and artificially restricted the supply to drive up prices. They have massive deep storage vaults filled with gem quality diamonds just so it can maintain pricing.
Gem quality materials are overall “rare”, but among gems… diamonds are practically common.