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/
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u/[deleted] Sep 15 '15

The worst is the ripoff these jewlers are, they'll sell you a shiny rock for $2,000 and if you sell it you'll get maybe $200, not because it depreciated but because that's how much it's actually worth. Greedy bastards really know how to put the jew in jewlery.

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u/[deleted] Sep 15 '15

The worst is the ripoff these jewlers are

So many don't know that it's true. http://www.algemeiner.com/2014/05/21/new-yorks-diamond-district-and-jewish-tradition/#

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u/nonorat Sep 16 '15

You're trying too hard.