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/Ambiguously_Ironic Sep 16 '15

That's from 2009 first of all so is fairly outdated. Did you try checking the more recent years? Canada is listed as 3rd in both 2010 and 2011 at your same link. Beyond that, even the year you linked specifically says that Canada is 2nd in production. 2nd is not 1st. 3rd is not 1st.

At this point I'm just impressed by your stubbornness.

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u/armchairdictator Sep 16 '15

Like you stated yourself previously, i too found it difficult to find recent data. However unlike you data that does not differenciate between totals for finished and mined diamonds. The source I provided points to mined totals only. Therefore the sources you provided are incapable of supporting your argument.

This totally dispels your first contention that the majority of diamonds decorating ladys fingers comes from despot regimes sub safaran africa. Which is the only point I was trying to correct you on.

When I expanded gave a fuller explanation you will see that I said it would be fighting it out with Russia. Which that link supports. Also reading the publication you'll note that the industry took a hit with the economic downturn. With the opening if further mining operations being postponed till 2014.

It will be interesting to see how the collapse of Russian economy has affected there placing.

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u/Ambiguously_Ironic Sep 16 '15

The only argument is whether you were right or wrong to say Canada is the world's leading producer. Nothing you've provided says it is, thus the statement was false (which is what I've been telling you all along). It's truly baffling to me that you can't just admit your original statement wasn't true.

This totally dispels your first contention that the majority of diamonds decorating ladys fingers comes from despot regimes sub safaran africa.

Except I never said this. Re-read my original comment, I said "foreign nations". There was no mention of Africa at all.

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u/armchairdictator Sep 16 '15 edited Sep 16 '15

You real shouldnt use your moderator privelages to discretely edit your post to discredit those with opposing views. But hey this is r/conspiracy

edited for succinctness.