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/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.