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> There is one other very precious thing and that is diamond, basically the same except not divisible Diamons are a bit more complicated than that, owing to th
by privong 11y ago
> There is one other very precious thing and that is diamond, basically the same except not divisible
Diamons are a bit more complicated than that, owing to the monopolies on mining/cutting/selling (which likely artificially inflates prices) and general inability to re-sell diamonds near the cost at which they were purchased (which also keeps prices high).
https://en.wikipedia.org/wiki/Diamonds_as_an_investment https://en.wikipedia.org/wiki/Diamonds_as_an_investment
- pzone 11y agoThe monopoly aspect of the diamond market is a pretty outdated claim. It is not currently possible to synthesize large, flawless clear diamonds. The supply side (mining/cutting/selling) is largely constrained by the ability to unearth the rarest high-quality gemstones. http://www.resourceinvestor.com/2013/04/09/diamonds-driven-market-forces-first-time-100-years http://www.resourceinvestor.com/2013/04/09/diamonds-driven-m...