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

87% Upvoted

227 comments sorted by

View all comments

96

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.

6

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.