Greens Tumble To Proliferation Risks

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MSimon
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Post by MSimon »

hanelyp wrote:
MSimon wrote:Diamonds cost more than sapphires despite the fact that diamonds are more plentiful.
Diamonds have a cartel restricting the number on the open market.
I was aware of that. But thanks for saying it. Not every one knows that.
Engineering is the art of making what you want from what you can get at a profit.
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tomclarke
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Post by tomclarke »

The above only true for "real" diamonds. And "artificial" diamonds are now just as good...
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krenshala
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Post by krenshala »

tomclarke wrote:The above only true for "real" diamonds. And "artificial" diamonds are now just as good...
And I've heard (though it may not be reliable) that those diamond cartels were very upset that artificial diamonds were getting to be of such good quality now.
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IntLibber
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Post by IntLibber »

tomclarke wrote:The above only true for "real" diamonds. And "artificial" diamonds are now just as good...
It is also only true for some real diamonds. There are a number of mining companies refusing to participate in the cartel, who generally get smeared by the cartel as being part of the "blood diamonds" market (i.e. diamonds mined in countries under despots or guerilla/terrorist groups).

For all the claims by the de Beers cartel about 'blood diamonds', the labor conditions for most employees of the cartel companies are nearly as appalling.
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