De Beers Pulls "Last Resort" Price Cut As Diamond Price-Floor Crumbles
(www.zerohedge.com)
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Except for a few industrial uses, diamonds have little intrinsic value. People seek after them because they are shiny objects and are considered "rate"... although part of that perceived rarity is due to a tightly manipulated market. I'd rather hold gold and silver.
Never liked diamonds and never asked for them.
My husband calls me a cheap date.
Funny but my wife says she doesn't like diamonds either. She prefers colored stones like emeralds and rubies.
I like colored stones better but I really am not a jewelry person.
For Christmas years ago he bought me a cross with the birthstones of the grandkids on it. It was custom made and beautiful.
When I found out it was over 2K I was upset. This was at the time we really had little money.
You can see it when I get to TN.
It's a sweet gesture. Sounds like you have a keeper.
My wifes ring is silver with a quartz, 100 dollar ring. She doesn't impress people with fancy stuff.
My wife also isn't a huge fan of diamonds. Hmmm, maybe we've uncovered a "patriot indicator" :)