I've been skeptical about the price of diamonds ever since I got my GIA Diamond certification years ago when I was in the business.
Reportedly, there may be tons of stones held back to support prices.
The technology is so advanced that experts need a machine to distinguish between synthesized and mined gems.
A 1-carat man-made diamond sells for about $4,000 and a similar natural diamond fetches roughly $8,000.
The lab diamonds from De Beers will sell for about $800 a carat.
Then there is this:
Several privately funded space companies are locked in a race to claim the trillions of pounds worth of precious metals thought to exist in asteroids. The UK has now entered the race, with the Asteroid Mining Corporation becoming the first of these new firms in the country.
Edited by Rogerdodger, 29 May 2018 - 08:14 AM.