The Diamond Empire

[The One]

What we think about diamonds, is in fact, a myth. At the center of that myth is an illusion, that diamonds are valuable because they are rare. When writer Edward Epstein set out to investigate the diamond trade, he discovered that diamonds aren’t rare at all. Second only to Christmas, Valentine’s Day is the holiday when diamonds are most often given as the ultimate token of love. Central to the diamond’s role as a romantic symbol is the belief that diamonds are one of the rarest, most precious gifts for a loved one. But it’s only a myth–diamonds are found in plentiful supply.

FRONTLINE examines how the great myth about the scarcity of diamonds and their inflated value was created and maintained over the decades by the diamond cartel. This report chronicles how one family, the Oppenheimers of South Africa, gained control of the supply, marketing, and pricing of the world’s diamonds.

enjoy

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[<8>]

why am i not surprised? Soon they tell us they print money out of thin air! Ooo Wait they allready does that...lol

it's like living in Lala land...


thanks TheOne...

[Warlock]

A couple of decades ago, or longer, "60 minutes" had a segment on the enormous quantity of diamonds that Russia had in a protected facility.
The Russians were paid by a certain corporation to keep these diamonds off the market.
Does anyone else remember this segment, or any additional details?

Warlock

[jjjones]

i have always said that all on this plant is FREE! no mineral created by time and nature should have a price, it is insanity but again so is fiat paper money and the ones that created this game. diamonds are nothing but coal! the garbage these "elite" feed us, we eat!! get over believing every thing they and the media say or print. we need to start thinking with our brain that was given to us. namaste, peace and love.