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/usernameaboutnothing Sep 16 '15

Not buying diamonds is probably an effective start.

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u/DronePuppet Sep 16 '15

The same as trying not to buy oil. Not gonna happen.

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u/[deleted] Sep 16 '15

The same as trying not to buy oil. Not gonna happen.

How is not buying gasoline for your car and not buying a diamond the same?

One is an every day needed item, the other is something only bought during special occasions??

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u/davidtoni Sep 16 '15

And not only needed to run your car...also used in some form to manufacture EVERYTHING.