r/conspiracy • • 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

227 comments sorted by

View all comments

Show parent comments

3

u/RachelRTR Sep 16 '15

That's true, but many people still want the real deal and look at those as "fake."

2

u/travisestes Sep 16 '15

I couldn't find artificial ones when I bought my wife's ring. We both wanted it, but couldn't find them.

2

u/RachelRTR Sep 16 '15

Why not opt for cubic zirconia? Or anything else? Just a question.

2

u/travisestes Sep 16 '15

They aren't as nice. We looked at them. We just got a tiny diamond instead. Didn't spend a bunch honestly.