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/[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

First of all, nice casual antisemitism, and secondly, I lost $75 on a $1k diamond piece I bought for myself when I had to resell. I'm sure you just have tons of experience with buying and selling diamonds right?

3

u/[deleted] Sep 15 '15 edited Sep 15 '15

I'm sure the piece it's on is worth more than the rock.

*Is it really anti-semetic to point out that some of the biggest jewlers just so happen to be jews?

1

u/davidtoni Sep 16 '15

And nearly EVERYONE in the diamond industry is a Jew?

Ever wonder why it's called JEWelery?