Diamonds are a complete scam and always were. The mining industry behind it is abusive to boot. The sooner they crash the better
this post was submitted on 26 Jan 2025
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On growing new markets which was used to stabilize the price in the past:
The last remaining global market would be Africa, where diamonds have “too bad a reputation”, Ogden said. “I’m not sure they’ll be convinced that buying diamonds is good.”
Hmm, I wonder why that might be...