The diamond market is controlled to produce artificial scarcity. There are plenty of diamonds in vaults. There was a huge diamond mind found in Russia that could flood the world's markets with real diamond costume jewelry, but that story has disappeared.
It was also a created market as well. Two hundred years ago, no one cared about diamonds. It was all rubies, sapphires, and emeralds.
hard (soft) metal and gems is what they cannot do this with... although even diamonds can be grown in a lab.
The diamond market is controlled to produce artificial scarcity. There are plenty of diamonds in vaults. There was a huge diamond mind found in Russia that could flood the world's markets with real diamond costume jewelry, but that story has disappeared.
It was also a created market as well. Two hundred years ago, no one cared about diamonds. It was all rubies, sapphires, and emeralds.
Can you make any money fossicking for gems? I believe there are decent sapphires near me.
That sounds like a slur, but no, "fossicking" is a real word. Wow.
Haha, there you go!