With all the stuff coming out in the news recently about Turkey finding a bunch of rare earth metals deposits (out of freaking nowhere), and Uganda finding the largest gold deposit in more than a 100 years, I can't help but wonder.
Is it possible there are other resources deposits in say, the USA, Germany, the UK, etc. that are being hidden from us? Supposedly the USA has all but run out of Iron ore since all of the "good quality" ore has long since been mined out of the great lakes region. But what if there's a massive iron ore deposit in say, Arizona? But the cabal has kept it hidden from us so as to make us more dependent on foreign ore and scrap metal.
This isn't that unreasonable. It wasn't until the 50s that the official largest iron ore deposit in the world was found in West Australia. And it was kept under the radar for decades until mining officially began when the guy who found it managed to get his hands on all the land around it for dirt cheap.
And this applies to more than just Iron. Think about it. For all we know, there could be some massive deposit of gold, silver, and platinum, a few hundred feet below the surface in say, Wyoming. But it's being kept under wraps so that the cabal can keep a strangle hold on things.
I'm not saying it's a definitive thing, but it seems plausible to me.
Do they make them now? I thought nobody was synthesizing diamonds now. I'm going off memory from many years ago when the tech was recently invented, and then shut down. Perhaps they started it up again. I still believe it is a totally un-economical activity, without the artificial support of the cartels. But if they're synthesizing diamonds today, what I'm discussing is academic, just diamond cartel history. DeBeers is way less powerful today than it was back in the 80's.
Yes. De beers is actually a leader in synthetic diamonds.
It costs about $300 a carat to make a diamond in the lab. That's going to get processed and sold for ~$600 or so.
Keep in mind that retail jewelery stores have huge markup. Typically 4x - 10x. Most of the higher markups are for custom work, which takes skilled labor. The normal run of the mill stuff is ordered from catalogs and mass produced.
I have no problem paying for skilled labor. But the raw price of diamonds is artificial.