this post was submitted on 04 Jun 2026
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natural diamonds, are indeed rare, in part because of the marketing campaign driving up demand for an completely useless use of them
They really aren't, De Beers just had a cartel on the diamond industry and artificially restricted the supply to drive up prices. They have massive deep storage vaults filled with gem quality diamonds just so it can maintain pricing.
Gem quality materials are overall "rare", but among gems... diamonds are practically common.