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by babblingdweeb
2948 days ago
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Your statement is true, but leaves out some facts. The issue is that diamonds are not naturally rare, they are artificially rare. De Beers buys diamond mines to shut them down and only lets so much of the product on the market to inflate the price. Used gold vs. used diamonds also reflect the artificial pricing. De Beers is a cartel, trying to protect their cartel. The marketing scam of the last 50 years is showing cracks. |
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