Fighting the Dulling Demand for Diamonds

[@frankcoffey]

It's about time. No reason for those things to cost that much. One company controlling an entire international market should never been allowed.

[@ianchandley]

On top of that, diamonds are THE most common gemstone around - it’s just marketing and the DeBeers cartel that causes the prices to be rapacious…

[@stachowi]

They could have maintained the monopoly forever if they didn’t make them so expensive… they gave an incentive to create lab. Rockefeller knew you don’t leave “too much meat on the bone” and they caused their own demise

[@chestyvulva]

Eat the rich

[@bashirhamadani4364]

Lol, you stole the words out of my mouth with your first line, it’s about time! Marketers can no longer con men & women to part with 3-6 months salary for a historically 2nd to 3rd tier gem. Buy a house, a car or make babies. They lattice structure of a Carbon stone in an Au amalgam is a greater display of ignorance and conformity than love

[@kabzaify]

@@frankcoffey diamond mining is dominated by Russia and Botswana. And De beers is Botswana

[@jamielancaster01]

@2:36 Hold the value??? There’s no secondary market for diamonds. Once you buy it, no dealer/or jewelry store is ever gonna buy it from you. Only place you can get money for it is a pawn shop.

[@robbyjai]

@jamielancaster01 you have no idea what you are talking about. 🤡🤡🤡 gia diamonds with certificates retains their value 🤡🤡🤡🤡 i know so i have bought and sold and made money from it. But yeh good on you

[@raylopez99]

Pawn shop is a secondary market.

[@robbyjai]

@raylopez99 you stupid bro?????????? Nobody sells gia certified diamonds at a pawn shop. Shows how much you know. 🤡🤡🤡

[@ladymoon425]

@@jamielancaster01 there are businesses that specialize in estate jewelry (vintage & antique)

[@miyamoto900]

Factually incorrect

[@felixthecat2786]

I wanted a lab grown diamond from my husband because screw the diamond industry and evil corporations.

[@SushmaVivek-xq4nv]

Feeling matters ...not artificially created supply demand

[@kabzaify]

Who is evil in the diamond industry? We mine diamonds in my country

[@PrinceOfOpinion]

@@felixthecat2786 I mean the diamond industry is terrible. But what are you going to do to actually help the people impacted. It’s not as if the miners benefit solely from your decision not to support the industry they work in.

[@BlahBlah-k3w]

"From my husband" Why don't you buy him a $3000 ring? Typical materialist girls expecting men to buy them everything. I bet you make him pay for dinner too. 😏

[@JamisKool]

@@felixthecat2786 why not dump it altogether?

[@DistrustHumanz]

A marriage that lasts more than 5 years is rarer than a diamond.

[@Dani-qh6ho]

@@DistrustHumanz Yes indeed!

[@LV127-p1k]

@@Dani-qh6ho Diamonds are only for wedding anniversaries not for weddings. Waste of money for weddings. If she sticks around then buy it.

[@qwertyuiop-xg1ed]

Only in USA

[@Gunshinzero]

​@@LV127-p1kThey are a waste of money anywhere other than the tip of a drill bit or saw blade.

[@Dusty42096]

I don’t know many that last 5 years.

[@letit023]

I bought a lab diamond for my wife, and she loves it. Lab diamonds or natural it literally the same, it carbon that pressured heated that it. The only ones who will tell you natural is better are the jewelers who want to overprice you.

[@penitent2401]

Get moissanite, very difficult to tell apart even with magnifying glass, fraction of the cost of lab diamonds, also created in lab so conflict free. And if you manage to look close enough to be able to tell the difference, it's actually more beautiful than diamonds, it has higher refraction and splay of colour.

[@jayelwin]

Moissanite are not as white though. Always a touch yellow.

[@lawtonsegler1923]

I’ve always wanted to buy diamond earrings for my wonderful wife who I love more than anything on earth. I just watched this video and immediately went to the Angara website and purchased her a nice 2 carrot set for Christmas. ❤. The natural diamonds were 10k.

[@WilliamsPinch]

@@lawtonsegler1923 she’s going to love them! I have a pair of lab grown, emerald cut earrings and they’re stunning. Merry Christmas.

[@jismeraiverhoeven]

Actually lab grown are better quality then natural ones. Ironic isnt it

[@Stormcoaster101]

Diamonds are nothing but corporate marketing and that lady referring to “moss-a-nite” as a poorly made diamond shows just how effective they are at it.

[@GatorWinup]

mossanite used to be sold to pass for diamond, and has more sparkle than diamond (aka. prettier). The ladies referring mossanite as poorly made diamonds just reflects her lack of scientific common sense.

[@tspencer661]

@@GatorWinup This lady has three pairs of Moissonite earrings. They were all less than $100. Once you learn that there’s no need to impress other people, you will proudly wear your Moissonite earrings. Am I thinking about buying more? Yes, yes I am.😆

[@tspencer661]

@ Wow! That’s interesting.

[@CeeDeeReviews]

Moissanite is a gem and typically has more sparkle than a diamond. A lot of women these days prefer that over diamonds although, lab diamonds are now growing in popularity compared to the labor/slave intensive natural Diamond.

[@NM-kl9ws]

I told my husband I didn’t want a diamond because it was a total waste of money - I wanted a moissanite because you can get a HUGE one for a fraction of the cost of a low quality diamond! And it’s double refractive so it’s way more sparkly! I love it so much and I brag to everyone that compliments it that ‘it’s fake’. Still a $4500 ring, but not a wasteful diamond!

[@akebouz]

Diamonds are a monopoly scam. Unless they are big and flawless its not rare at all and worth just a few dollars if anything.

[@naga2015kk]

true, just try reselling your jewellery. its a whopping loss of 70%. Its debeer scaming.

[@MichaelH-ck4hg]

If they were rare, then every jewelry store would not have them. There are far rarer stones, but most people have never heard of them so they are less expensive than diamonds. One would be Benitoite, which are beautiful. Another would be Bixbite, which is red Beryl. Emeralds are green Beryl that is far more common, though excellent ones command huge prices.

[@penitent2401]

Over 90% of all diamonds mined are crushed up and used in industrial applications. They're pretty cheap.

[@skierpage]

​@@penitent2401 You don't mine or make a large diamond only to struggle to crush it to make tiny diamonds used small for coatings and drills. Those start small and stay small.

[@mollymo6229]

True since I know the truth every time I see a jewellery shop and those insane prices I cannot stop thinking how dumb they think we are! Lab grown all the way until the “real” often blood diamond industry dies

[@Omikoshi78]

This diamond guy is down to earth awesome. What a nice change :)

[@rinanorden2343]

@@Omikoshi78 AND also honest😀

[@nate.leal.]

He’s still holding back, being a salesman. Just enough honesty to make the lie seem real.

[@rinanorden2343]

@ 😂😂😂👍🏼

[@jlaw8882]

It is rare to find someone like this in the industry.

[@bnwo]

DeBeers has pioneered artificially keeping the prices of diamonds high

[@andybaldman]

Yeah. We know.

[@psychedforlife7176]

While they exploit the poor workers who do the hard dirty labor.

[@InventaChris]

DeBeers hasn't held a monopoly since the 90s

[@InventaChris]

​@@psychedforlife7176Miners are actually paid pretty well

[@bnwo]

@@InventaChris you act like a monopoly evaporates instantly lol

[@joetuktyyuktuk8635]

He said it right there when talking about the Natural Diamonds "Wearing a 2 carat diamond, YOU are saying something *TO YOURSELF* ..." 🤣

[@leoperez2566]

Diamonds are bull$it and people are slowly realizing that.

[@MAG320]

The value behind it is, yes.

[@SeanPannella]

Or people can’t afford housing let alone a useless rock

[@patrickdunn8918]

Really SLOWLY!

[@aguiremedia]

😂

[@kaing5074]

Its just carbon. So yes, greenbacks for a rock is a joke

[@ydbirdcam3573]

That lady reporter really hates the word affordable. Hahahahaha😂

[@keylime2998]

This is fantastic news. Diamond mining is fraught with corruption and poor working conditions.

[@cinargey6873]

You have no idea about the industry. Companies that control real diamonds also produce the 90% of lab diamonds.

[@saniainez]

​@@cinargey6873 at least for now the scientists are paid more humanly than the miners (?)

[@InventaChris]

Actually, 50% of revenue from Botswana diamonds goes directly to healthcare and education.

[@centurione6489]

So ... now miners are going to be paid even less.

[@lost4468yt]

​@@centurione6489good? They aren't producing actual economic value. The miners can switch to jobs that have a positive impact on society.

[@andersonlynn3686]

Diamonds are more abundant then people realize, they keep supply lower then the demand so they keep the price up .

[@Dagnysview]

Literally at every mall

[@mvl9591]

Luxury items like diamonds are fading. Young people want an experience rather than a diamond.

[@Nainara32]

Diamonds are doing particularly poorly because they've been commoditized. High end articles where the artificial scarcity can be controlled like branded watches are doing just fine. Middle-class accessible "luxury" like LVMH aren't doing well because the Chinese economy is tanking and their middle class has been shrinking.

[@Epiderm91]

Buying something expensive and exclusive is an experience in itself...

[@xx133]

@@Nainara32yes, China’s economy has been tanking for 40 years according to the narratives the US tells its domestic population. Now, consider that the middle class in the U.S. has actually shrinking for the past 40 years.

[@azumishimizu1880]

@@Nainara32 The Chinese economy has crashed a thousand times according to types like you. Come on, you are a little de-lulu! For still believing anything US says.

[@dahabo-jb3vl]

And watches clothes and cars

[@RonaldRamquar]

I absolutely detest how so many jewelry companies are now doing gold plating on silver etc and charging exorbitant prices.

[@mariajiao4855]

Actually Lab grown diamonds are better in quality.

[@VanGoWanderlust]

@@mariajiao4855 exactly!! The only way to tell the difference is that lab grown are perfect and they look for the impurities (nitrogen) to see if it’s real!

[@davidm8394]

The irony of this statement

[@jayelwin]

From the “4 Cs” yes certainly better quality.

[@floridaredneck]

You are correct. I'm a gemologist (not by trade) and I expect internal flaws. I have a ring with flawless yellow diamonds, but I've only seen very few IF stones. I'd call these synthetics flawless diamonds, since that's what they are. Nitrogen is a trace element and not part of the crystal matrix, therefore they are identical. Even moissanite is more than 10% of diamonds, and since they have more dispersion, they are not economical stimulants because if you know diamonds, you know moissanite when you see it, and it is stunning. Synthetic colored stones are quite popular and attractive as well and vary from their natural counterparts only in the way they are made.

[@never2late454]

Eventually they will come up with a way to make them with inclusions and De Beers will be out of business.

[@jaker3151]

If your partner is complaining that the diamond you gave them isn't natural, dump them 🙄

[@YouMakeItHappen]

Diamonds are not rare. They are abundant. The industry artificially created a shortage (by owning the majority of mines, and limiting extract) so as to increase demand

[@plowe7981]

And by mass marketing.

[@nolongeramused8135]

At one point they were dumping them in the ocean so they wouldn't have to store them.

[@ladymoon425]

@@YouMakeItHappen the same method used by the Canadiens 🍁to control the price of maple syrup.

[@squashua16]

Diamonds has been one of the greatest scams in history.

[@terrymckenzie8786]

But women need them as a statement and show. 😂😂😂

[@nikolyevic]

Teehee. Diamonds are actually quite common but debeers monopoly enabled them to hoard and keep the value artificially high. Lower costs that reflect more honest value is always good.

[@kabzaify]

Are we supposed to mine our diamonds in Botswana and sell them for cheap? Some of you people are truly iqnorant.

[@nikolyevic]

@kabzaify people mine tin, coal, salt and sell for much cheaper. Just because it's mined doesn't mean it has to be expensive...

[@kabzaify]

@nikolyevic We will not sell our diamonds for less than the production cost. Diamond mining is not cheap, it requires a lot of investment especially underground mining.

[@akl4709]

I was waiting for this comment. Debeers is only one who cares

[@kabzaify]

@akl4709 Debeers is Botswana

[@smallpeople172]

My fiancé told me straight up not to buy any jewelry, it’s a complete scam industry- pointless, and has nothing to do with whether or not you love each other. In fact, I generally have always had a perception that the more expensive the jewelry, the more fake the relationship.

[@swilson5320]

I mean that judgement is as shallow as what you are calling shallow. Receive or gift jewelry if you want or not.

[@carlac4407]

Jewelry is the worst investment you can make. Stone are worth nothing if you try to resell them and even on 'old' gold you get less than the official gold price. I do like jewelry, but I buy unusual silver pieces with cheaper gemstones

[@AllThePeppermint]

That's a rather superficial view when/if one considers that for many couples married multiple decades, it isn't uncommon for the husband and wife to have purchased fancier rings for themselves to commemorate a particular anniversary, or their children growing up and leaving home, etc. My parents have been married nearly 43 years. My mother has a few wedding sets from landmark anniversaries with my father. And for one particular anniversary they invested in a custom made wedding ring for my dad. Also, with the costs of various stones coming down in price, it's far easier to afford a more elaborate ring. And some people, like me, will buy our own rings and other jewelry just to have and wear BECAUSE it is so much more affordable than it used to be.

[@coopstain1728]

Not true. If they buy REAL gold and silver, it holds value.

[@smallpeople172]

@coopstain1728 look up price of 1oz bar gold in 1980, look it up today. The price has not matched inflation, especially if you consider the fees platforms like Apmex or eBay charge for buying/selling the ounce of gold. ETFs that track world equity, like VT, massively exceed inflation

[@lukasgejgus5172]

I just wonder if the reason why people always wanted a 2-3 karat was because so few could have it. If the scarcity goes away people will move on to some other financial flex where the supply is naturally or artificially limited.

[@madmax800]

Like Bitcoin?

[@JanBruunAndersen]

​@@madmax800 - It would be the ultimate flex to have an inconspicuous looking ring with a small low-power Bluetooth transmitter that could transmit a Bitcoin address that held 3 BTC.

[@RunForPeace-hk1cu]

@@madmax800 but btc won’t go away …and omitting supply by design.

[@t9878]

worse thing is there is no scarcity no rarity the prices are just high

[@tspencer661]

@@lukasgejgus5172 A specific company came up with the concept of a diamond engagement ring. That same company dictated how much a man should spend on said engagement ring. Three months salary? Ok. Sounds good. Then, that same company decided that women needed to “upgrade” their rings. The size of a singular diamond increased or the number of diamonds in the ring increased. Unfortunately, too many people are easily manipulated into buying something that isn’t a necessity. Trying to keep up with the Joneses is worse now than in the past. In the past, you used to see someone’s ring in person. Now, you see it on social media. If you’re easily persuaded, you can get yourself into deep financial trouble.

[@bingo000]

Honestly, lab is as equally beautiful, if not more so, than the natural option. You’d get a better quality, bigger diamond for a lot less opting in for lab. Ultimately, they'd both depreciate in value, but the loss with natural diamonds is much bigger. And don't trust a jeweller that tells you otherwise, take it from someone who worked in the industry.

[@narutocoolh]

That female reporter *really* doesn't like lab grown diamonds 🤣

[@Tb0n3]

She gets all her information from her nasty Facebook groups.

[@zacharyhenderson2902]

The male host doesn't even know what they are

[@vvmn9442]

Paid by the diamond industry for sure

[@AllThePeppermint]

And she has no idea what she is talking about when she talks about moissanite. It ISN'T a "kind of diamond." That's like saying "garnet is a type of ruby." No, they're not. Garnets are garnets. Rubies are rubies.

[@shroey20]

@@narutocoolh She's also not very intelligent

[@danthadon87]

Finally less blood is being shed in africa for diamonds, hopefully this ends the bloodshed human trafficking in the region.

[@rockarollawmn]

@@danthadon87 they're being freed up for mining lithium and cadmium. Research it.

[@noneofyourbusiness5433]

Diamonds are dead because men are waking up to the fact that wrapping 30k in diamonds around a womans finger is a completely idiotic thing to do.

[@executorprime]

@@noneofyourbusiness5433 Especially if it can be stolen, mugged off, of worse divorced.

[@leonidas14775]

Yeah, that's a pretty risky bet given how high divorce rate is

[@smallpeople172]

@@leonidas14775it’s not that, I also have never met a woman who wants a big diamond in my life, my fiancé told me straight up not to get a ring because the whole jewelry industry is a complete scam and has absolutely less than nothing to do with whether we love each other or not.

[@jmc8076]

Opinion isn’t fact. Many men’s watches, rings etc incl diamonds. Look at buy stats for upper income markets esp diff countries and cultures. Also actual stats (vs social media) on divorce and cheating incl post divorce income levels.

[@JillC]

My son just did it.

[@mwblank]

Understanding Lab-Grown vs. Earth-Mined Diamonds: A Rose Analogy Imagine this: you’re looking at a stunning bouquet of roses. Now, consider where these roses might come from. When you order roses from a florist, chances are they were grown in a carefully controlled greenhouse. In this environment, advanced science, specialized equipment, and optimal conditions work together to create beautiful, consistent, high-quality blooms. The roses are nourished with just the right nutrients, protected from harmful pests, and designed to meet your expectations every time. This process allows for efficiency, reliability, and availability when you need them. On the other hand, you could also go out into nature and pick wild roses. These roses, while just as beautiful, are shaped by their natural environment. Depending on where you look, you might find a variety of roses-some pristine, others more unique, with qualities shaped by the soil, climate, and surroundings in which they grew. There are even places in the world where wild roses flourish in remarkable ways, growing naturally in remote or special conditions. Each rose from nature has its own story, shaped entirely by the earth. Now, let’s connect this to diamonds. Lab-grown diamonds are like the greenhouse roses. They are created using cutting-edge technology in controlled environments that replicate the natural process of diamond formation. This approach ensures a sustainable, consistent, and high-quality result. Lab-grown diamonds are chemically, physically, and visually identical to earth-mined diamonds-they sparkle just the same and are graded on the same standards. Earth-mined diamonds, on the other hand, are like the roses growing in the wild. These diamonds are formed deep within the earth over billions of years under extreme pressure and heat. Each one is unique, shaped by the environment where it was discovered. Their rarity and natural origins give them a story that resonates with many people who value the connection to the earth’s natural processes. In the end, both lab-grown and earth-mined diamonds are authentic diamonds-just like both greenhouse and wild roses are still roses. The choice often comes down to personal preference, values, and what matters most to you. Whether it’s the sustainable, innovative creation of a lab-grown diamond or the timeless allure and rarity of an earth-mined diamond, both offer something extraordinary.

[@Roosterbate44]

Great analogy

[@twelvexstring]

Yeah but children don’t die mining for lab grown diamonds.

[@Tb0n3]

Oh boy I sure do love insects chowing down on my natural flowers. The only difference between the two is one is harder to get good enough looking flowers and almost impossible to get perfect ones. Same thing with diamonds. Lab grown. You get perfect diamonds every time, but natural diamonds you're almost guaranteed to have flaws of some kind.

[@SuprousOxide]

Except a violent cartel doesn't artificially keep the supply of wild roses down

[@veegeebrew3695]

There is something of a wonder to having a stone that was made a billion or more years ago. If people think of that, I do, but does everyone?

[@Forfunpak]

They deliberately failed to tell that China has become world leader in just last 18 months for Lab grown diamond 💎 so original diamond prices is going down.

[@HanS662]

Yes… all deflation is due to China. Cheaper prices are all thanks to Chinese manufacturing.. but that’s not a tale the westerner will tell you.

[@YSKWatch]

never heard that from MSM.

[@damonkatos4271]

Yep they left out the industrial diamond business and lab grown in China.

[@rustler160]

Indeed, that is the real issue. Now the woke prefer made-in-China diamonds to the real thing

[@Rohammers]

I’m sure most women love the idea of an engagement ring with a made in china engraving.

[@WilliamsPinch]

Bought my first pair of lab grown diamonds earrings and they dance!!! Endless compliments on the sparkle. I’ll never buy “natural” diamonds again.

[@BravoCheesecake]

Notice how the woman hates the idea of getting a cheaper item.

[@tom23245]

Women, in general, care the least about objective truth. I remember my mother loving an expensive tweed jacket and skirt set. It was probably $6k after sales tax for both. When it went on sale for $1.5k after Christmas, she lost all interest. It's the feeling of prestige they want, not objective quality.

[@bu5761]

Add in the fact that w/men in the West are incredibly intolerable and men no longer want to deal with their extensive list of demands = no marriage.

[@ru2225]

@@BravoCheesecake and starts talking about and comparing to Moissanite?? Did she not pay attention to what lab diamonds are…

[@jaytaylor2090]

😂

[@DistrustHumanz]

Diamonds are a girl's best friend, not the man who built her society.

[@capnkoko]

I prefer a lab grown diamond. I prefer paying for a scientist in a lab rather than a child in a pit.

[@m22j-z3e]

The child need to eat too.

[@momentary_]

@@m22j-z3e There are better ways for the child to eat.

[@ANPC-pi9vu]

@@m22j-z3e No, the parents need to get a damn job or go hunting and gathering instead of selling their children as slave labor.

[@BornIn1500]

Just because it's called a "lab" doesn't mean they are scientists. LOL. They just compressing carbon. It's more industrial-grown than "lab" grown. That's like calling a foundry where they melt iron a "lab".

[@watomb]

One type of diamond cause wars and destroys environment, the other just requires carbon and pressure. But let’s try to change narrative by using the term lab. I remember seeing this very poor woman with smallest diamond on a ring but she was still very proud to wear it. That was 24 years ago and I still can’t get that out of my head. Every time I see any luxury items I remember this lady. It truly made me look for right type of women and I never had a bad relationship after that. So one of the smallest diamonds ever changed how I see the world truly amazing.

[@kaing5074]

Blood and luxury are intimately intertwined. Ostrich leather, alligator, mink, chinchilla, eiderdown and so many more

[@lost4468yt]

​Not always? E.g. buying a luxury car actually supplies good jobs and living standards.

[@777jones]

This guy is well spoken. Informative.

[@CherryMid]

@@777jones had to scroll a while to find this comment. Strongly agreed, very concise, had all the facts ready, no overt agenda.

[@DanBurgaud]

deBeers will soon deBroke

[@kabzaify]

Botswana will go Broke

[@RunForPeace-hk1cu]

@@kabzaifyand debeers

[@DrGoldieMD]

@@DanBurgaud DeBeers also had their hand in lab grown diamonds. I watched a documentary that said they gave the approval for mainstream release.

[@ag-bk5wf]

@@DrGoldieMD too many companies will enter, they'll be diluted.

[@BOMBON187]

@@kabzaify Probably wouldn't make much of a difference.

[@finnishline]

I heard a radio ad from a jewellery store chain where the President said he came up with an idea for the husband to buy a diamond ring for the wife twice as big as the engagement ring for their 20th anniversary. I laughed out loud.

[@johnbutler7542]

Make me sooo happy to have used Tanzanite as an alternative. Will always be precious

[@never2late454]

Yeah, I bought a lot of large Tanzanite back in the 90's off the gem tv network. One of the best moves I ever made. I can still hear my wife complaining about it.

[@callicordova4066]

Tanzanite is beautiful. Diamonds - meh.

[@joannah.185]

Tanzanite is super soft. It will get scratched like crazy if you wear it on any kind of daily basis.

[@AllThePeppermint]

Be careful with the tanzanite. It only ranks 6.5-7 on the MOH hardness scale. That is quite soft and not recommended for an everyday wear ring as it is prone to scratching and fracturing.

[@johnbutler7542]

Very much agree with everyone, soft and easily scratches, just like the platinum its usually mounted on definitely not for everyday wear. But a scarce, beautiful and precious stone found only in Tanzania. Always meant for that special occasion

[@AllyGray]

The best part is, lab technicians are paid and are not slaves and they won’t have their hands chopped off if suspected of taking a diamond. 100% ethical!

[@JosephChristopher-l5d]

@@AllyGray correcto, slavery is an aggregious sin.

[@lost4468yt]

You can buy diamonds from places with good work conditions - at least better than the other materials in your phones, clothes, etc. I don't think you should, especially as the companies that own good mines are the same as the bad mines in many examples. And also because we simply don't need these mines, it's damaging the environment for little advantage.

[@ANPC-pi9vu]

@@lost4468yt Right... I'm supposed to trust the jeweler when they say which mine the stones come from. Nah, just buy superior lab stones. Problem solved.

[@shmoopiebear]

At some point the value of ANY diamond will be worth as much as any Swarowski crystals. Basically, crystal glass junk.

[@Kwolfx]

I read an article on the diamond business that claimed that when the South African De Beers company controlled roughly 80% of the diamonds being dug out of the ground and therefore 80% of diamonds which could be sold, they could; to a large degree, keep the price of diamonds used in the jewelry market artificially high, by restricting the supply of these types of diamonds to the market. It turns out that diamonds aren't really that rare. In general, it was in the best interest of smaller diamond suppliers to do the same thing, so both De Beers and their smaller competitors profited from the artificial restriction of the diamond supply. But it looks like the good times are over for De Beers. I can't say I feel sorry for them.

[@yongjianyi3556]

Most of the artificial diamonds are grown in Henan China. They grow and cut bespoke diamonds to specificity depending on the customer, and it is still cheaper than De Beers.

[@YSKWatch]

all western channels will never reveal that information.

[@mikevondebag]

Eeew Chinese lab diamonds. Yea I'm not putting that on my wife

[@InbredCannibalNecropedophile]

De Beers will probably lobby the government to put tariffs on them.

[@mybestlifefortherestofmyli7137]

Anything from China don't buy it.

[@5martgir14ever]

As a millennial, I have always wanted my engagement ring to have my birthsone, amythyst. Also, I detest the diamond industry for it's price gouging and human/environmental suffering. So if my engagement ring were to have diamond(s), I wanted it/them to be lab grown. My husband got me exactly what I wanted, and more. He even got it set in a way as to not rip my gloves at work, as i verbalized this concern. My ring is a in a 3 piece bezel setting with the focus stone being amythyst and the 2 smaller supporting stones being cubic zirconia and I work as a nurse.

[@myphone4590]

A repeat of cultured pearls vs "natural" pearls last century.

[@jayelwin]

Except there are no “natural” pearls in the round form factor you’re used to. They’re all cultured.

[@myphone4590]

@jayelwin I've never owned a pearl, thanks for assuming what I'm used to.

[@jayelwin]

@@myphone4590 I’ve never owned a pearl either. But I’ve seen pearls. I’m sure you have too.

[@stayathomecichlidmom3579]

It's very easy to tell the difference between a lab versus a natural pearl, it's like granite counter tops versus laminate, extremely easy. That being said, I'm surprised they haven't improved on that. Pearls also don't keep value. They deteriorate over time. I remember my grandmother throwing out 2 pearl necklaces because they were pealing and gross.

[@myphone4590]

@stayathomecichlidmom3579 Only because there was no incentive to disguise them. No Debeers equivalent cartel controlling pearl supply and marketing. Pearl diving was Saudi Arabia's main industry before they found oil. The story of Cleopatra dissolving a pearl in wine to flaunt her wealth. We'll see diamonds thrown out for being dirty and not worth cleaning before long. That's my point.

[@passion4923]

Love this down to earth Diamond Expert-BRAVO💎

[@stevenbrady440]

Moissanite is not a diamond. Well said. It isn’t. Honest sales people at the jewelry stores, and there are some, will tell you that the lab growns are better than real diamonds. Because it’s now a technology, diamonds are going to become cheaper and better every month. Ultimately they will be almost as cheap as manufactured goods. Like Hardware. Really cheap. Real diamonds will ultimately have to match the price. Because they are chemically and physically exactly the same. There will be no added value by getting real diamonds. Zero. For those who don’t know, all gemstones can be man-made now. The same idea. The prices of all of them are going to fall through the floor.

[@pokemonsuperfan]

Exactly. I think a lot of people are still confused on what a lab grown diamond is. Lab grown diamonds are not moissanite (as you have stated). Chemically and physically, lab diamonds are diamonds. Over time, "real" or "natural" diamonds will become less and less popular. There really is no real reason people would prefer "real" or "natural" diamonds beyond historical preferences and the lab growing process being relatively new.

[@Fadda-P]

It's about time. Diamonds are worthless. I learned this when I brought my ex's engagement ring to a pawn shop. They would not give me a penny for the diamond. I only got paid for the weight of the gold.

[@olemorud8362]

I will only buy ice that's mined from glaciers, not FAKE lab grown ice from the freezer.

[@JanBruunAndersen]

So you are a saying that the price of a genuine, antique Louis XIV chair will eventually have to match the price of a replica chair bought at IKEA?

[@olemorud8362]

@@JanBruunAndersen None of the mined diamonds you buy will ever have a notable history, so it's not comparable to an antique chair. The pope's Swatch watch also sold for thousands of dollars, but that doesn't make regular Swatch watches more valuable.

[@TheLibraryofOddities]

My husband bought a nearly 2 ct lab for diamond for my engagement ring. Absolutely no discernible difference between my lab diamond and the mined one my father bought my mother in the eighties except mine is a lot bigger 😂 we would have spent many thousands more had we wanted to get a mined Diamond. There’s no difference even down to the molecular level. People talking about the resale market are ignoring the fact that most people aren’t going to sell their engagement ring even if they do get an upgrade later in life. It’s a highly sentimental piece of jewelry for most women. I love my lab diamond and I’m happy knowing no one had to die to pull it out of a mine somewhere in a third world country. 💗 Lab diamonds are the way to go!

[@commieTerminator]

This is why Gold is Gold 🥇. Can't be made in labs

[@3falexchina]

@@commieTerminator It can be made in nuke reactor! But this is another level it is not a chemical reaction it is physics science.

[@commieTerminator]

@3falexchina so how many dollars for a gram of artificial Gold?

[@3falexchina]

@commieTerminator Cost it not the issue. We spoke just about science.

[@hashtonkusha]

@@commieTerminator bet you anything "they" have a way to synthesize gold

[@HarryBallsich]

It can be synthesized in a particle accelerator. But only a few atoms at a time.

[@beauthestdane]

Natural diamond prices are artificial to begin with, they are artificially kept very high.

[@ThomasWayne4312]

Those FB Groups are probably sponsored by DeBeers 😂

[@JJs_playground]

Because people are finally waking up to the fact that diamonds are NOT, rare. DaBeers just created the scarcity.

[@kittenluvzu]

You ever just find a diamond, buddy? Didn’t think so.

[@vvmn9442]

⁠@@kittenluvzuthis logic makes no sense. Diamonds are abundant, but almost all the mines are owned by one family.

[@coolbreeze2.0-mortemadfasc13]

@@kittenluvzulol That does not make them rare.

[@kittenluvzu]

@@coolbreeze2.0-mortemadfasc13thanks for noticing the humor.

[@Kmatylb14]

If you literally need a trained eye to tell the difference,why pay for the more expensive one?I mean if it's beautiful wear it and put your money somewhere else.

[@Gunshinzero]

The people who want them are not the one making earning the money. Their husbands are. 😅

[@kittenluvzu]

As a dude, I agree with you completely.

[@TheHawk425]

Not only do you need a trained eye but the way they can tell is that a mined diamond is less pure than a lab grown diamond... Lol

[@ANPC-pi9vu]

It's not even a trained eye. If it weren't for lab diamonds having a microscopic serial number engraved on them for regulatory purposes, you would not be able to tell by sight AT ALL. Your only clue would be if you tested the chemical composition and found it to be too pure to have occurred in nature. However, what would stop a lab from simply making them a little less pure if the goal was to truly make the difference non existent?

[@aeroAdvocate]

Diamonds were the biggest scam ever perpetrated on a global level.

[@ryanmeier8994]

Took me about a minute to realize this was an ad lol

[@tsheposos]

@@ryanmeier8994 ah makes sense now

[@toplel1860]

Gee who would have thought overpriced blood diamonds with no resell value in a tough economy wouldn't do well.

[@tpop3723]

I’m waiting for the prices to drop so I can replace my rhinestones with these on my belt and hat.

[@CoolHand273]

I remember a trend decades ago where a new bride would sell her diamond and get a CZ replacement and pocket the cash. No problem returning the ring to the ex when things didn't work out. If people wonder why they are poor paying $30K to coerce someone who doesn't really like you to live with you is one problem. Now guys are going to be called cheap for buying a lab made diamond even though it is not distinguishable from a wild caught one.

[@A_page_a_day]

Diamonds are intrinsically worthless, and de beers marketing has made them rich while they fleece the common man who is forced to buy them because society makes them.

[@kabzaify]

@@A_page_a_day you don't have to buy our diamonds if you don't want them or can't afford them. We don't sell our diamonds for charity, that's how we pay for development

[@Gunshinzero]

You have the PC version. Men buy because women let De Beers run game on them.

[@kjhnsn7296]

​@@Gunshinzeromen need to learn to say NO.

[@MinkieWinkle]

No one is forced to buy them Not even society. If people are weak, and bow to peer pressure. Then they have no one to blame but themselves

[@Gunshinzero]

@@kjhnsn7296 Sometimes it's worth it even if it shouldn't be needed. Depends on your options. It's a cold world.

[@habbadabbado5765]

Diamonds, furs and fine furniture - once cherished and have lost their overall position throughout society.

[@patrickkeegan8006]

Bullshit lab grown are basically flawless or extremely close. Most diamonds most buy are included which is visible to the naked eye .

[@raybod1775]

Best natural diamonds do not have visible inclusions. Cheaper natural diamonds have visible inclusions.

[@killsbugsfastreallfast]

@@patrickkeegan8006 lab brown diamonds are just like natural and they have color, clarity variations.

[@Tb0n3]

It's kind of hilarious that in order to test that it's a real diamond, they look for the one that's worse.

[@ANPC-pi9vu]

@@raybod1775 Yeah, they said 'the diamonds most buy' because most people aren't super wealthy and don't have money to waste on that.

[@jager6863]

Other than industrial use, Diamonds are just shiny bits of compressed coal. They are not rare or expensive and the sooner the Diamond Cartels and the cutters go broke, the better for the world, The money and time spent mining this compressed coal can be better spent mining minerals that we actually need and use for modern this that matter, like infrastructure, Computer Chips, Medical Devices, etc.

[@warningsigns4526]

Edward Bernays Propag anda Minister fooled every one telling them that diamonds are worth something, when in reality, they are not. Engagement rings for example -

[@lasculpteure]

So easy for a store to take your ring for testing and replace your diamond with a lab version. Both my mother and grandmother were convinced their diamonds were swapped when the jewelry store held them overnight to repair the claws. They would both never leave their rings with stores again.

[@ANPC-pi9vu]

So they were given better diamonds?

[@sailor5853]

A diamond is worth nothing without the certification. Even with the certification it's worth very little.

[@Larrye123]

Tell me how many stones were swapped (stolen) when rings were bought (or resized or cleaned) when picked up.

[@IDL5393]

I understand the financial appeal of lab-grown diamonds, but I personally prefer natural diamonds because of their origin. My father was a geologist and I find deep satisfaction in knowing a diamond is a product of the earth's powerful forces over millions of years natural geological processes. It connects me to the earth's history and my father in a way that a lab-created stone cannot.

[@vister6757]

It doesn't matter whether it's lab grown or mined diamond because the resale value is poor even for mined ones. Unless your diamond is a huge & rare piece otheriwse the resale value is extremely poor. No point paying so much for mined diamond and burden yourself or your partner. Lab grown diamonds are still beautiful.

[@BadidaJackson]

Your fiancé spent $3000 on your engagement ring and the same jeweler will only give you $300 back for it.

[@emkeicastillo8430]

If lab diamond have the same hardness , identical in beauty , have the same chemical composition , last forever , but cost less , and more people can afford it ,well it will make more people happy

[@mixedcreations2918]

You know what's better than a shiny rock, a house

[@julianmorgan79]

Just got married, wife and I bought lab grown diamonds for almost nothing compared to the price of natural diamonds for the wedding rings. It's a no brainier. All people care about is the size and if it's a real diamond which it is.

[@svenhuber6533]

giving women diamond ring and valentine day all inventions of the diamond industry and Dee beers, finally this is over it was ruining many families.

[@Top_Zinjaa]

Diamonds are everywhere in Africa but some people decided to control the output and convince the world that they are scarce and special but the truth is coming out that these stones are all over Africa especially southern countries South Africa Botswana and Zimbabwe

[@Floorguy1000]

Colored gemstones: long before exact duplication of diamonds was the exact duplication of sapphire. Lab grown sapphire is the exact same element, not just similar, but the exact same element as found in the earth sapphire. To tell the difference you have to examine them under magnification to see growth lines. You cannot tell just by eye, and in a setting it's impossible. Red sapphire is called ruby. Over three decades ago, I purchase as an engagement ring a ruby surrounded by diamonds..... was very elegant and beautiful, and cost much less than if the ruby was found in the earth. For use as jewelry, I personally have never understood why people will pay the huge premium for earth found stones. Okay....so now let's talk about pearls......... lol.

[@WhiteRabbitPhilosophy]

Everyone I know is buying heirloom rings from antique jewelers at a fraction of the price of new jewelry. And no money goes to the diamond industry.

[@tuomasholo]

Anything that hurts the De Beers monopoly is good.

[@waltparus8493]

The guy with the beard just doesn’t get it. He referred to mined diamonds as “real” diamonds when in fact, lab diamonds and mined diamonds are both real. The main difference is that mined diamonds are controlled by a cartel.

[@majorgrowth7198]

I appreciate his transparency a lot. These numbers are crazy to me

[@DavidPat]

I got my wife a moissanite and she has been wearing it with love for 14 years. Looks better than diamond imo.

[@stachowi]

Just got my wife one too… the same exact ring in natural diamond is 10x… and she loves it and knows it’s not a diamond

[@Mega-zi7ys]

@@DavidPat yeah try harder to convince yourself that. I may or may not have either but it's bs and sour graping to say such bs.

[@Miles0370]

@@Mega-zi7ys ??? Why the hate on moissanite?

[@pkal244]

Got her a Forever One moissanite ring when I proposed almost 10 years ago. Budget was tight and needed to save money. Now we make close to $400k combined income and she has no desire to "upgrade" her ring. A keeper.

[@ru2225]

@@Miles0370moissanite is actually noticeably worse than diamonds, that’s why lol. Lab grown diamonds are cheap enough to realistically get as well.

[@Akck67]

I just bought a 3 carat lab diamond for my fiancé’s ring and people literally walk up to her to compliment her ring. The diamond was $1600 and the full ring was $4k. With a natural diamond people had to choose between size and quality and price. With lab grown diamonds you can get basically whatever size diamond you want for a reasonable price. So now you can pick based on aesthetics rather than price. You will notice that the only people who are anti-lab grown diamonds are people who sell exclusively natural diamonds.

[@AnonYmous-iw6rh]

Only suckers blow that much money on something so meaningless and frivolous 😂😂

[@downundabrotha]

Love that everyone can own a diamond now

[@buzzcrushtrendkill]

Diamonds have been held artificially high for so long, DeBeers, that thier monopoly needs to be busted.

[@aheimdahl5201]

Thank you! 👍

[@kittenluvzu]

Yeah buddy, you really gave them a piece of your mind.

[@buzzcrushtrendkill]

@@kittenluvzu It gave you something to do. Thanks for stopping by

[@johncarlson6472]

As a Gemologist, I predicted this decades ago. The great thing about higher-quality colored stones is, while there's lab-grown synthetic colored stones, the colored stone synthhetics are much easier to identify as opposed to the lab diamonds, where you need sophisticated equipment that can cost thousands. It just isn't cost effective for the smaller store owners to buy these instruments, which will accellerate the expected decline in trust in what your buying when it comes to diamonds. IMO, diamond prices are going to continue to gradually decline, then, when the masses realize what's up, prices will crater all at once. Not so with finer, high-quality Colored Stones, which IMHO, are more immune to the synthetic issue (easy to identify) and will continue to be stable in value and, IMHO, are way, way more pleasing to look at and own.

[@Novilicious]

The pain, misery, and massive carbon footprint of real natural diamonds is what makes it worth it. Cuz humans love something unique that someone had to be exploited for.

[@hostileaks4495]

It ain't a real diamond unless a 12 year old with one foot fishing it out of a river of diesel and mud

[@YSKWatch]

and in the end, nobody can tell the difference.

[@happycanadianguy]

@Novilicious actually if you research it the land is left in better shape than when it started and the mining industry creates thousands ofnhi paying jobs. Also what the sellers of lab diamonds don't like to tell you is how much energy is required to make a diamond in a lab. They like leaving that part out.

[@theaquariancontrarian3316]

Youre in the minority. Most people dont like death and misery involved with what they buy.

[@happycanadianguy]

@theaquariancontrarian3316 that doesn't happen anymore. There are so many rules today that countries have to follow. The picture you are painting is from long ago. Not now.

[@vrealzhou]

Diamonds are also heavily used in industrial areas, not just for jewellery. Now all industrial uses are swimming to lab grown diamonds for price and quality reasons so the demands of natural diamonds are dropped so fast.

[@idee7896]

Good. It's about time we get rid of blood diamonds business. The act of digging to get diamond is destructive. Could use that to grow foods

[@saydvoncripps]

I'm a jewelery maker here in the UK. Long story short, lab diamonds are now pretty much the same price as mined diamonds, which is insane as the costs are so different. Not the price of mined diamonds coming down, but lab diamonds going up. So that shows the control that is now being put on the lab diamonds to keep prices high. One thing, women want a beautiful stone. Men want an investment, I've found,

[@ANPC-pi9vu]

Men who think it's an investment are stupid.

[@ianchandley]

A VERY wealthy friend of my parents who also loves jewelry told me that most of the stones she wears are ALL lab grown - diamonds as well as colored stones. She’s been doing it for nearly 20 years……

[@5tr5]

@@ianchandley your friend is smart. Blood (natural) diamonds cost far too much financially and socially. Prices are artificially manipulated and the marketing is complete horseshit. The concept of spending 2 months salary on a diamond was literally invested by DeBeers, the diamond company!!

[@GatorWinup]

The wealthy people knows well how to maximize the efficiency of their money; that's why they become wealthy

[@spidercat2841]

All the recent lab diamonds I've seen look way better than "real ones (blood diamons)" Anyone who still prefers blood diamonds needs a head check

[@Omikoshi78]

De Broke is the only one that will claim that there is a difference.

[@hANNAbONE]

"a Natural Diamond is forever" ... "A Lab Grown Diamond is forever"....

[@ParashMitra15]

Diamond industry is finished. They will devaluate 10% each year.

[@billm1651]

My wife’s engagement and wedding rings are moissanite. It’s been 13 years now and they look beautiful still. Her engagement ring was $1,500 but would have been $20,000 if it was a diamond. She’s had jewelers handle her rings and nobody can see a difference with the naked eye. Best money I ever saved. She doesn’t care what it’s made from which is one of the many reasons why I love her. She’s not a materialistic person.

[@PiranhaJaw22]

this lady thinks moissanite is a diamond. what a joke to throw out a word, and the indian guy corrects her on air

[@Cakebattered]

Showed my wife a lab grown diamond and once she understood that lab grown diamonds are materially identical, she was all on board.

[@Ciathos]

Industry is cooked. Dealers are hurting. Over 400 Brick & Mortar jewelers went out of business in 2024. No light at the end of this tunnel. Smart money is getting out.

[@ru2225]

Thank god

[@aheimdahl5201]

It's about time. The Diamond Industry has been gouging people for nearly a Century. It's time the bubble burst, and I for one, am glad to see it.

[@dsdy1205]

Long overdue, glad it's happening

[@8Eduardo]

For me, it makes NO sense to buy a Lab Diamond, i rather buy Lab Moissanite because is cheaper and almost as Hard as Diamond But Shines even more ........ Lab Moissanite is the Stone that Shines the most

[@sailor5853]

Moissanite is actually superior to diamonds. If you put it under a torch diamonds would evaporate, yep they become CO2 under heat. And real diamonds can have fault lines that make it prone to breakage.

[@Cucumberflavoredmustard]

Gold, silver, platinum, etc are all intrinsically valuable because of extreme usefulness in electronics and machinery. They can perform in ways no other metal can. Large diamonds on the other hand are useless. The small granular ones are very useful for cutting tools, but those types of diamonds are not scarce. Not even close.

[@polokucoch8112]

A lot of fights are about to start after this video...

[@flaviaalmontelmft8393]

I LOVE my lab grown diamond. 1 carat, round cut. On a beautiful ornate double halo ring. It looks glamorous and yes, guilt-free, environmentally conscious, and very afforable. The engagement ring and matching set were under $7,000. Shane Co. I dont even think ill ever want bigger or change it to a natural diamond. We good here!

[@MrWhangdoodles]

I prefer moissanite. It's better than a diamond.

[@aheimdahl5201]

So do I - I'm Team Moissanite all the way!