Thanks for this info! But yeah... anybody who doesn't know this should do some homework. It's kind of an eye opener on Capitalism.Don Reba said:Tally and Kathleen! Christmas has come early this year!
By the way, Kathleen, those impact diamonds where actually declassified in the 90s and are porous, which makes them unsuitable for use in jewellery. However, you are still correct in that diamonds are abundant. De Beers and Alrosa pace their diamond extraction in such a way as to maintain high prices. Additionally, Alrosa has a huge diamond reserve.
Impact diamonds prooflink in Russian: http://vz.ru/news/2012/9/17/598475.html
Also, manufactured diamonds are now possible, and can be made on an industrial scale. And not the muddy diamonds that used to get used as phonograph needles -- these are aesthetically pleasing, optical quality diamonds. You can also add doping agents to the process to get the diamond in a variety of colors. Their structural perfection meets or exceeds any naturally-occurring diamond.Don Reba said:However, you are still correct in that diamonds are abundant. De Beers and Alrosa pace their diamond extraction in such a way as to maintain high prices. Additionally, Alrosa has a huge diamond reserve.