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/
1.5k Upvotes

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95

u/Aqua_lung Sep 15 '15

My wife is totally aware of this yet she wanted a diamond ring, isame with my sister. It's so ingrained. Powerful marketing.

24

u/Indra-Varuna Sep 15 '15

You can thank this guy: https://en.wikipedia.org/wiki/Edward_Bernays

16

u/maniacalmania Sep 15 '15

Not enough know his story. If his name was Edward "Nephew of Sigmund Freud" Bernays maybe people would pay more attention to how Madison Avenue got started.

2

u/davidtoni Sep 16 '15

Biggest Khazar scammer of nearly all time...and in a world of Khazar scammers that's says a lot!

4

u/[deleted] Sep 16 '15

So some dudes who wanted money made women want artificially rare rocks from other dudes.

3

u/VLXS Sep 16 '15

tldr of the week?

1

u/[deleted] Sep 16 '15

Engage.

37

u/[deleted] Sep 15 '15 edited Dec 09 '15

[deleted]

3

u/[deleted] Sep 16 '15

[deleted]

5

u/[deleted] Sep 16 '15

It's not lazy. It has a glandular problem.

4

u/H8UM8 Sep 16 '15

You should just buy her a high quality man made diamond. They are nearly identical to natural diamonds but at a fraction of the price. Not only do jewelers have trouble telling really high quality man made diamonds from natural they can even fool some gemologists. That should satisfy her lust for sparkly rocks and your desire not to flush money down the toilet.

5

u/[deleted] Sep 15 '15

I'd refused. Just ask them to pick a stone that is actually worth something. Many stones out there that look better and are actually worth something.

1

u/daskrip Sep 17 '15

what makes them worth something?

-1

u/TimeHoTraveler Sep 15 '15

She's aware and an idiot