[shock]

Considering that diamonds are basically worthless[1], I don't think that's helping the point you're trying to make.

[1] http://www.theatlantic.com/magazine/archive/1982/02/have-you...

[yen223]

I think this Wikipedia article should be pinned somewhere: http://en.wikipedia.org/wiki/Metaphor

[nickik]

Checkout this article "Diamonds, Advertising, DeBeers and Sex" for a alternative on some parts of the story.

http://daviddfriedman.blogspot.ch/2013/08/diamonds-advertisi...

[TeMPOraL]

Value is not an intrinsic property of a thing, but is determined solely by what someone is willing to pay you for it. I agree that the value of diamonds is an engineered one, but it still doesn't change the fact that people will pay truckloads of money for them.

[shock]

> Value is not an intrinsic property of a thing, but is determined solely by what someone is willing to pay you for it.

Well, that's the thesis of the article I linked: out there, in the free market, you wouldn't get much if you'd try to sell a diamond and weren't part of the supply chain.

[smtddr]

Cool, so if you ever get a 100lbs+ bag of diamonds you'll be sure to give it to me.

[shock]

I'm ok with that, but I'm not sure I'd be doing you a favor. I might keep a few rocks for myself to test the theory, though.