A collapse in demand has left the diamond industry floundering post-pandemic. A crippled market has left the once titan-of-industry searching for answers.
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Oh wow people gave up on pretty rocks where markdowns can go as high as 70%+. Try to pawn your engagement ring and watch $5000-$10000 of value turn into a couple hundred dollars
Buy physical gold before the US credit rating is downgraded once again by the rating agencies. 100% guaranteed it will happen at least once, if not twice in the next four years.
Don’t bother searching here’s the answer: diamonds are made of the most abundant element on earth and can be easily made in a lab much more pure and for a fraction of the price of a blood one. The end
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Lets start doing the same to other other billionaires and their businesses... hit them in the pocketbooks.
Oh, and #FDT
if you can get a bigger rock cheaper then the chemically identical natural rock… you’re going to get bigger rock.
and sad as it might be, we’ve willingly bought conflict diamonds for decades.
the fact lab stones are conflict free is just a bonus.