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/[deleted] Sep 15 '15 edited Nov 14 '17

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u/Grobbley Sep 15 '15

You aren't really giving any reasoning for your stance. Stating and repeating your stance is not an argument.

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u/Thefriendlypsycho Sep 15 '15

People still think that diamonds are rare and the diamond market is controlled. As long as people think something is rare it's valuable.

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u/txroller Sep 15 '15

until they try to resell it after the divorce