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Author Topic: Diamonds will lose their value  (Read 306 times)

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Offline stlaser

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Diamonds will lose their value
« on: May 29, 2018, 09:18:24 AM »
So read the article, couple things stand out. First DeBeers owned the diamond market & with a great marketing campaign made everyone believe diamonds were worth their salt. I think the case can be made they were not. Second this article states that it will take a machine to tell the difference between a real & lab grown diamond. I believe that eventually this will undermine the value of the real albeit over priced diamonds.

With all this stated I believe my daughters should not allow their future husbands to go broke for a high dollar wedding ring. I just don’t see the value in it, young suitors be smart.....


https://www.bloomberg.com/news/articles/2018-05-29/de-beers-is-said-to-make-u-turn-by-selling-man-made-diamonds
Living in the remote north hoping Ken doesn’t bring H up here any time soon…..

 

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