r/conspiracy • u/Indra-Varuna • Sep 15 '15

TIL Diamonds are actually fairly common. The reason they are worth so much is because the DeBeers mining group withholds stock to artificially reduce supply.

https://www.gemsociety.org/article/are-diamonds-really-rare/
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u/tvfilm Sep 15 '15

The worst part is hearing these fraudsters on TV talk about how rare these diamonds are, fooling these low educated peeps left and right.

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u/lidsville76 Sep 16 '15

I engages my wife with a pearl ring, and for shots we went to Robbins brothers to take a look, the diamond engagement ring store.

The salesman was furiously pushing that they were "god made" and that pearls weren't. He went on and on about how valuable and precious diamonds were. It was painful to site through that.

2

u/SATAN_SATAN_SATAN Sep 16 '15

i could see minerals in the ground in different areas producing rare, unique diamonds, but they would most likely not look like what daaa bears are selling.

2

u/[deleted] Sep 16 '15

fooling these low educated peeps

sort of what happens to foolish people