De Beers Pulls "Last Resort" Price Cut As Diamond Price-Floor Crumbles
(www.zerohedge.com)
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President Trump mentioned that diamond values were about to plummet in the past year. It was during a rally, and he had said they were used to launder money but that was coming to an end.
I was surprised while shopping at Sams Club and saw some 1 carat lab created earrings for something like $500. Trump had mentioned that the lab created stones now were so good it would crash the value of natural stones.
My wife actually really likes the lab stones. I'd rather just get her real gold/silver bracelet or something but for the sparkles she likes the cheap champaign. Haha.
My wife, in her wisdom, much prefers our disposable income to be much higher than our bills such that she can purchase a lab diamond on any given month rather than having debt for a "real" stone.
Myself, in my wisdom, have learned that most women seem to generally value and prefer to spend a day getting their nails done, shopping for clothes, and having enough left over to order the large queso at the Mexican food joint to end the day 100x Over a single diamond.
I think no woman wants a man to get them a diamond and them not order the large queso.
It's pretty funny that a well-cut cubic zirconium stone is waaaay more sparkly/fiery than the same size, same shape, same cut, diamond. They look so much better than real diamonds that they actually look fake.