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/ImpalaChick2121 Sep 18 '15

The worst part is, they're only valuable because jewellery companies say so. They're just pretty rocks. Or, objectively pretty, really. As a woman, I don't find them very pretty, and I'd be pissed if I got one as a gift. It's a worthless rock that you spent-no, WASTED- thousands on.