On 11-01-05 01:29 AM, John Smith wrote:
On 1/4/2011 7:59 PM, m II wrote:


They work well as industrial abrasives. Other than that, it's a
completely artificial scarcity. De Beers even threatened the Russians a
few decades back in order to maintain value.
mike

That is total bull****. They are real diamonds. They are identical to
natural occurring diamonds. Indeed, no jeweler can tell them apart, from
"flawless" natural diamonds. Under an electron microscope they are
IDENTICAL ... however, the manmade diamonds are "too perfect."

With absolutely NO defects/impurities/flaws, it is a dead giveaway they
were made in a lab. It is possible to create the flaws and make the
manmade diamonds indistinguishable, even under the electron microscope
... however, this would cause a never ending series of lawsuits and
injunctions which would last decades or longer, as de beers protects
its' profits ...

The original article I posted,
http://www.wired.com/wired/archive/11.09/diamond.html , actually makes
note of this, just in a "very gentle way." Again, de beers is shaking in
its' boots. But, those on the inside would NOT invest in diamonds ...
platinum, gold, silver, etc. are the only way to go ... as worthwhile
investments go.

Regards,
JS


Well, Archi, I don't know what the hell you are talking about. If you
read what I wrote, you will see "artificial scarcity" and NOTHING about
artificial diamonds.

De Beers has enough diamonds stockpiled, that if they were all put on
the market at once, would make the value of diamonds ZERO. The Russian
were reminded of this and backed off from their plans to greatly expand
their exports.




mike