Diamond market Crapping Its Pants? - GoFuckYourself.com

Captain Kawaii · 09-19-2012, 05:00 AM

Interesting timing on this.

http://news.yahoo.com/blogs/technolo...013025163.html

crockett · 09-19-2012, 06:54 AM

Diamonds aren't as rare as De Beers likes you to think.. It's just a product that has been manipulated on a grand scale world wide.

DWB · 09-19-2012, 07:10 AM

Back when I was a slave working the diamond mines of Sierra Leone, we used to dream of a large discovery somewhere else so we could catch a break.

Barefootsies · 09-19-2012, 07:14 AM

Quote:

Originally Posted by crockett

Diamonds aren't as rare as De Beers likes you to think.. It's just a product that has been manipulated on a grand scale world wide.

Correct.

They are actually very common. However, De Beers buys up all of the mines, and only releases so many per year. Basically manipulating the market and control of them. There are a number of documentaries on this. It's interesting to say the least.

marcop · 09-19-2012, 07:23 AM

Quote:

Originally Posted by crockett

Diamonds aren't as rare as De Beers likes you to think..

Here's a classic article on the DeBeers diamond cartel: http://www.theatlantic.com/magazine/...iamond/304575/

AllAboutCams · 09-19-2012, 07:29 AM

i guess there is going to be another war

pornguy · 09-19-2012, 07:30 AM

No they are not rare they are controlled.

digitalfantasies · 09-19-2012, 07:53 AM

so I can stop digging in my backyard than?

JFK · 09-19-2012, 07:54 AM

Quote:

Originally Posted by Barefootsies

Correct.

They are actually very common. However, De Beers buys up all of the mines, and only releases so many per year. Basically manipulating the market and control of them. There are a number of documentaries on this. It's interesting to say the least.

Yup very true

Wizzo · 09-19-2012, 07:58 AM

Quote:

Originally Posted by crockett

Diamonds aren't as rare as De Beers likes you to think.. It's just a product that has been manipulated on a grand scale world wide.

DeBeers greatest marketing company ever!

ilnjscb · 09-19-2012, 09:50 AM

Quote:

Originally Posted by crockett

Diamonds aren't as rare as De Beers likes you to think.. It's just a product that has been manipulated on a grand scale world wide.

Quote:

Originally Posted by Barefootsies

Correct.

They are actually very common. However, De Beers buys up all of the mines, and only releases so many per year. Basically manipulating the market and control of them. There are a number of documentaries on this. It's interesting to say the least.

Quote:

Originally Posted by pornguy

No they are not rare they are controlled.

This is as true as can be - diamonds were distributed to "sites" (sp?) who were given bags to buy. They were allowed to refuse one bag in their lifetime. DeBeers has vaults of diamonds and only releases them sparingly create demand.

CurrentlySober · 09-19-2012, 09:51 AM

i like Crapping in my Pants....

Captain Kawaii · 09-19-2012, 04:45 PM

I guess it will be pretty hard to control the market now. I was a slave in Johannesburg mines, DWB, I feel ya on that. They dont stop at the mouth anymore when they're doing cavity checks. Had to quit or die.

So this info has been pooling around Putin's office for some 10 years. Why release it now?
Get China to calm down? Give Israeli's something else to worry about?

Does it mean when I go to buy engagement ring for wife #4 I can get 4 carats from crackerjack box?

Timing is everything nowadays. Just curious. If released, this glut of stones could seriously depress prices, oh, I get it now. lol.

09-19-2012, 05:00 AM	#1
Captain Kawaii So Fucking Banned Industry Role: Join Date: Oct 2007 Posts: 6,748	Diamond market Crapping Its Pants? Interesting timing on this. http://news.yahoo.com/blogs/technolo...013025163.html

09-19-2012, 07:29 AM	#6
AllAboutCams Femcams.com Industry Role: Join Date: Jul 2011 Location: bjcam.com Posts: 12,222	i guess there is going to be another war __________________ Binance - Blockchain and Crypto Asset Exchange Chaturbate make money in cams

09-19-2012, 07:30 AM	#7
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	No they are not rare they are controlled. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

09-19-2012, 07:53 AM	#8
digitalfantasies Confirmed User Industry Role: Join Date: Sep 2010 Location: Caribbean Posts: 2,692	so I can stop digging in my backyard than? __________________

09-19-2012, 09:51 AM	#12
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09-19-2012, 06:54 AM	#2
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	Diamonds aren't as rare as De Beers likes you to think.. It's just a product that has been manipulated on a grand scale world wide.

09-19-2012, 07:10 AM	#3
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	Back when I was a slave working the diamond mines of Sierra Leone, we used to dream of a large discovery somewhere else so we could catch a break.

09-19-2012, 04:45 PM	#13
Captain Kawaii So Fucking Banned Industry Role: Join Date: Oct 2007 Posts: 6,748	I guess it will be pretty hard to control the market now. I was a slave in Johannesburg mines, DWB, I feel ya on that. They dont stop at the mouth anymore when they're doing cavity checks. Had to quit or die. So this info has been pooling around Putin's office for some 10 years. Why release it now? Get China to calm down? Give Israeli's something else to worry about? Does it mean when I go to buy engagement ring for wife #4 I can get 4 carats from crackerjack box? Timing is everything nowadays. Just curious. If released, this glut of stones could seriously depress prices, oh, I get it now. lol. Last edited by Captain Kawaii; 09-19-2012 at 04:46 PM..