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How to succeed as a Diamond Monopoly without really trying.

diamondring.com — DeBeers representative speaking at Wharton claims that DeBeers no longer stocks more than two months inventory and did not make a profit between 1989 and 1999. That sounds as logical as spending two months of your salary as a guideline for buying your diamond engagement ring.

Who dugg this?

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  • M0b1u5, on 10/12/2007, -0/+1Good. De Beers has artifiicially inflated diamond prices so much it's scary. I truly hope the new man-made diamond factories (1+ carats for under $50, and perfect) will drive those scumbags into the poor house.

    I laugh at the jewel sales people who scoff at man-made diamonds; they're far superior to natural ones, by every objective measure possible. Oh, except poor black people didn't have to endure shocking conditions to dig it out of the ground, of course.

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