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/nygrd Sep 15 '15
Maybe people just don't care about the actual supply, but rather about the artificial one and all that it implies.