The truth about diamonds

**Scuba_Steve** · 18th April 2014, 23:17

Delivered In Comedy

Ah diamonds, the worthless rock that cost a fuckload.
Also gotta congratulate De Beers, they've managed to brainwash more people than any Govt ever has with their propaganda... over 80yrs on & people still believe that shit

**Tazz** · 19th April 2014, 00:34

They made something that was common as mud 'exclusive' and 'rare'. Best god damn marketers ever to do it so well and for so long. And the crap about clarity in stones so small you can't see shit anyway, it's ridiculous. A well cut one is purdy, but there are way cooler stones out there.

Also not sure of their rarity, but have you seen the prices of those pink ones from Aus? Argyle or something from memory? Madness.

**avgas** · 19th April 2014, 03:03

Not worthless. It costs $100/ct to make.
So a diamond really is worth a barrell of oil.

**R650R** · 19th April 2014, 07:29

Yeah read about this awhile ago. Its why they have such massive penalties for anyone caught trying to leave the country with uncut diamonds.
Apparently in the early days they were able to be collected by moonlight on the surface of ground.
Now the feckers are vacumning the ocean for them and we thought it was fishing trawlers wrecking seabed...

**awa355** · 19th April 2014, 08:53

Originally Posted by Scuba_Steve

Delivered In Comedy

Ah diamonds, the worthless rock that cost a fuckload.
Also gotta congratulate De Beers, they've managed to brainwash more people than any Govt ever has with their propaganda... over 80yrs on & people still believe that shit

Got my wife to watch, she is not impressed. Anyway, the only diamond she has, she bought herself.

**mashman** · 19th April 2014, 09:24

Originally Posted by awa355

Anyway, the only diamond she has, she bought herself.

Did she buy that from www.buyabiker.com

**mashman** · 19th April 2014, 09:25

Originally Posted by Scuba_Steve

Delivered In Comedy

Ah diamonds, the worthless rock that cost a fuckload.
Also gotta congratulate De Beers, they've managed to brainwash more people than any Govt ever has with their propaganda... over 80yrs on & people still believe that shit

lol, nicely done. Same can be said for every resource on the planet.

**Ribit** · 19th April 2014, 09:54

Diamonds like a lot of other things, are worth what someone will pay for them.
I suspect the value will decrease as man made diamonds become more common. I would rather they were mass produced and cheap because they can have so many industrial uses beyond long life abrasion/cutting disks. (and trading for sexual favours from the ladies)

**awa355** · 19th April 2014, 10:54

Originally Posted by mashman

Did she buy that from www.buyabiker.com

Nah, some jeweller in town. The only ring she wears that I reconize is our wedding ring. No diamonds set in that but like the marriage, has lasted 40 years so far.

**scumdog** · 19th April 2014, 11:11

Originally Posted by Scuba_Steve

Delivered In Comedy

Ah diamonds, the worthless rock that cost a fuckload.
Also gotta congratulate De Beers, they've managed to brainwash more people than any Govt ever has with their propaganda... over 80yrs on & people still believe that shit

So why did THIS 'scam' get your y-fronts in a twist?

Have you just bought yourself an engagament ring or sommat?

**husaberg** · 19th April 2014, 11:23

unlikely to surprise most......

De Beers is a cartel of companies that dominate the diamond, diamond mining, diamond shops, diamond trading and industrial diamond manufacturing sectors. De Beers is active in every category of industrial diamond mining: open-pit, underground, large-scale alluvial, coastal and deep sea.[2] Mining takes place in Botswana, Namibia, South Africa and Canada.

The company was founded in 1888 by Cecil Rhodes, who was financed by South African diamond magnate Alfred Beit and the London-based N M Rothschild & Sons bank.[3] In 1927, Ernest Oppenheimer, a German immigrant to Britain who had earlier founded mining giant Anglo American plc with American financier J.P. Morgan,[4] took over De Beers. He built and consolidated the company's global monopoly over the diamond industry until his retirement. During this time, he was involved in a number of controversies, including price fixing, antitrust behaviour and an allegation of not releasing industrial diamonds for the US war effort during World War II.[5][6]

**Tazz** · 19th April 2014, 13:31

Originally Posted by avgas

Not worthless. It costs $100/ct to make.
So a diamond really is worth a barrell of oil.

Coolest man made diamond I've seen was a blue one made from the ashes of a ladies husband who passed suddenly. She had it done overseas and we set it into a ring for her. Cost a bit more than $100/ct for that to be made but it meant a lot to her to have it which was cool to see.

Originally Posted by husaberg

unlikely to surprise most......

There are a lot coming out of Russia now (for a long time) too, but they are also controlling their market to make a decent buck (they are still cheaper though).

That conflict free diamond crap is all bullshit too. Got to lover marketing.

**TheDemonLord** · 19th April 2014, 14:29

Wasn't this part of the plot from Diamonds are Forever?

if so - knowing this is a scam is nothing new....

**Tazz** · 19th April 2014, 15:17

Contradictory news report from a while ago

**Grashopper** · 20th April 2014, 11:26

Originally Posted by Ribit

Diamonds like a lot of other things, are worth what someone will pay for them.

Exactly that.
I don't get it either. That kind of money is better spent on motorbikes, holidays or even better, holidays on motorbikes.

Originally Posted by Tazz

Coolest man made diamond I've seen was a blue one made from the ashes of a ladies husband who passed suddenly. She had it done overseas and we set it into a ring for her. Cost a bit more than $100/ct for that to be made but it meant a lot to her to have it which was cool to see.

Wow! This is worth much more than any random engagement ring.