Quote Originally Posted by Tibryn View Post
if diamonds were as common as sand no one would want them.
Except they practically are. The reason they're expensive and a sign of opulence is called artificial scarcity. Companies aggressively control the supply that flows into the market. Approximately 160 million carats are mined every year, but a large portion, if not the majority, are stockpiled in warehouses away from purchase to create the illusion of rareness. All it takes is a quick google search on google scholar to find many, many, many studies done on this.

Nice troll tho, 3/10. Really got a few people going.