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What you just said is 100% true for the diamond industry. Their slogan "A Diamond is Forever" is created because there is very little resale value in a diamond
by ttol 16y ago
What you just said is 100% true for the diamond industry. Their slogan "A Diamond is Forever" is created because there is very little resale value in a diamond, so they want/need their customers to keep them.
DeBeers has giant warehouses full of diamonds and trickle releases them over time.