Jan 6, 2017 4:11 AM
Rezrkt
52942
1055
35
ChihiroDidNothingWrong
Because they're really expensive and to an untrained eye almost indistinguishable from cut glass.
rossimus
How does "The Economist" not know the answer to an incredibly simple economic question
Chiseler
because they're retarded.
madmaoz
You can't play Battlefield 1 with that shit, that's why
Surrealle
Tried to talk my coworker into getting a moissanite ring for his wife/their anniversary. He was having none of it. Oh well, not my money
BurnerAccount626
Ahhh! You mean compressed carbon? The kind that's pretty much all over our beautiful earth, drastically inflated value artificially? No idea
shinagami091
Precious metals are where it's at. There a finite amount of gold here in earth. It was created by a long dead star
johnson21
Diamonds are bullshit, and generations are bullshit.
LamarTheHeadhumper
Diamonds have better uses than jewelry so here's to hoping they devalue a lot
pres2pond
Synthetic ones are much cheaper and not sold as jewellery.
pizzamagica
Also because diamonds is just bullshit...
ThisIsALovelyRoomOfDeath
Other stones are prettier, cheaper, more rare, and more significant to them personally.
DicksMcChuggins
Herkimer diamonds
Beruthiel10
Looking at you, opals.
Astha
Cause we're broke and we know better than to waste what little we have on shiny rocks.
bumholiday
Diamonds?? You mean baby boomer scam rocks??
GadenKerensky
Because they're overpriced and, well, what's the use? Unless you're a tradie with a need for diamond-tipped drills or such, there is no use.
Scythrael
Instead of treating myself to a diamond, I will treat myself to a pudding. I'm sparing no expense.
jetflight
Because diamonds suck. Seriously, they're like, 3/10, tops. Far prettier stuff out there at a fraction of the price, too!
To clarify: I am referring to use of diamonds in jewelry only, not for their industrial uses.
TechnicalDrift
"Why aren't people buying our scam anymore!?! It's all their fault we're losing money!!!"
MingsterL
I give tree fifty.
yenagrrl
Two words: Cubic Zirconia.
hmcd2008
I didn't get a diamond engagement ring because money, instead got a huge London Topaz for $400 and get a shit ton of compliments.
ShadowsofVengence1999
What color is a London topaz?
Blue
calmthaoself
Diamonds are too common and overpriced anyway!
toriapinklotus
Yep my engagement ring cost £145. The diamond is tiny, but I'm thrilled with it.
That's why I don't like the diamond necklace I got for Christmas. Small diamonds you just pay for the name.
rufflemyonions
Not entirely true. Really pure diamonds of a big enough size for most jewelry are still pretty rare. Not saying the price is justified tho
Pullout69
Yeah but you could say that about just any precious stone.
revcleo
I bought a diamond off ebay for £1, it is very small but hell it was £1 and I did it for a laugh.
NuggyHashbrowns
Probably fake
http://www.ebay.co.uk/sch/Loose-Natural-Diamonds/3824/bn_1527900/i.html Or just 1mm in size and not amazing quality.
whyiseverythingupsidedown
Synthetics are better (IMO) - at least then you know they're definitely not blood diamonds.
ChancesAreIHateYou
I'd never buy a diamond but if I did shell out that much for a rock someone better have died getting it to me.
TinkerAndMod
That was dark... +1
HadMeSomeChickens
Because they aren't getting married because they can't find a job because baby boomers ruined the economy and won't retire.
FragileReality
The poor bastards keep voting against their own damn interest on top of it.
LMeire
In fairness, retiring has been proven to be bad for your health, the body just starts shutting down if you stop working cold turkey.
So has being unemployed or having to juggle multiple part time jobs.
KangDOTA
The economy is not the problem -- I can't hire full-timers fast enough, and I'm not unique...
Where are you? I know plenty of people that are looking for FT work.
ImNotTaylorSwift
What do you do, how much do you pay, where are you, and when can I start?
What's your business?
hoxanator
For everyone who is commenting about how they aren't rare, overpriced or something about De Beers: why do they keep increasing in value?
RedEyesWhiteSwaggin
Do some research about supply/demand/de beers?
IForgotHowToChangeMyUserName
They don't. They just increase in retail price. Try selling one used, and see if you can get a slice of pizza for it.
Yea I have. I've always gotten current market value. Which in turn was always more than I originally paid.
JustARandomStrangerOnTheInternet
"it was cold outside so climate change is a myth"
Hahaha! "I ate today so there's no world hunger." That tired old joke doesn't apply to this argument. Try again.
1) in order to even ask the question you did you had to completely ignore or dismiss the intial explanation...
2) which is why "that tired old joke" applies perfectly to this situation.
FishPotatoWalrus
Diamonds are common, have no industrial value, and are overvalued by careful regulation of supply.
Diamonds have a lot of practical applications, industrial being chief among them.
Dvicemuse
They have industrial uses for diamond tipped saws as diamonds are harder than many metals
High supply, low demand. They have industrial uses, but that doesn't make them valuable (unlike i.e iron, oil, tin, sulphur, etc etc).
Agreed that they don't possess value. Just giving you as an example since you said "no" industrial purpose
Ah, a misunderstanding, my fault. I meant "no industrial value" as in, 'no value added by their industrial uses'.
BenBack
Not only do they have industrial value, but we've been manufacturing them since the 50s to use industrially
Tin? Are you joking? Sulphur? That shit is not exactly expensive.
BigDumbFaggot
But they are valuable in an industrial setting. You fuckers need to learn English. Something doesn't have to cost a lot to be valuable.
If something is cheap and plentiful then it is not valuable. That doesn't mean it isn't useful. Tin is cheap because it is easily recycled->
ChihiroDidNothingWrong
Because they're really expensive and to an untrained eye almost indistinguishable from cut glass.
rossimus
How does "The Economist" not know the answer to an incredibly simple economic question
Chiseler
because they're retarded.
madmaoz
You can't play Battlefield 1 with that shit, that's why
Surrealle
Tried to talk my coworker into getting a moissanite ring for his wife/their anniversary. He was having none of it. Oh well, not my money
BurnerAccount626
Ahhh! You mean compressed carbon? The kind that's pretty much all over our beautiful earth, drastically inflated value artificially? No idea
shinagami091
Precious metals are where it's at. There a finite amount of gold here in earth. It was created by a long dead star
johnson21
Diamonds are bullshit, and generations are bullshit.
LamarTheHeadhumper
Diamonds have better uses than jewelry so here's to hoping they devalue a lot
pres2pond
Synthetic ones are much cheaper and not sold as jewellery.
pizzamagica
Also because diamonds is just bullshit...
ThisIsALovelyRoomOfDeath
Other stones are prettier, cheaper, more rare, and more significant to them personally.
DicksMcChuggins
Herkimer diamonds
Beruthiel10
Looking at you, opals.
Astha
Cause we're broke and we know better than to waste what little we have on shiny rocks.
bumholiday
Diamonds?? You mean baby boomer scam rocks??
GadenKerensky
Because they're overpriced and, well, what's the use? Unless you're a tradie with a need for diamond-tipped drills or such, there is no use.
Scythrael
Instead of treating myself to a diamond, I will treat myself to a pudding. I'm sparing no expense.
jetflight
Because diamonds suck. Seriously, they're like, 3/10, tops. Far prettier stuff out there at a fraction of the price, too!
jetflight
To clarify: I am referring to use of diamonds in jewelry only, not for their industrial uses.
TechnicalDrift
"Why aren't people buying our scam anymore!?! It's all their fault we're losing money!!!"
MingsterL
I give tree fifty.
yenagrrl
Two words: Cubic Zirconia.
hmcd2008
I didn't get a diamond engagement ring because money, instead got a huge London Topaz for $400 and get a shit ton of compliments.
ShadowsofVengence1999
What color is a London topaz?
hmcd2008
Blue
calmthaoself
Diamonds are too common and overpriced anyway!
toriapinklotus
Yep my engagement ring cost £145. The diamond is tiny, but I'm thrilled with it.
Beruthiel10
That's why I don't like the diamond necklace I got for Christmas. Small diamonds you just pay for the name.
rufflemyonions
Not entirely true. Really pure diamonds of a big enough size for most jewelry are still pretty rare. Not saying the price is justified tho
Pullout69
Yeah but you could say that about just any precious stone.
revcleo
I bought a diamond off ebay for £1, it is very small but hell it was £1 and I did it for a laugh.
NuggyHashbrowns
Probably fake
revcleo
http://www.ebay.co.uk/sch/Loose-Natural-Diamonds/3824/bn_1527900/i.html Or just 1mm in size and not amazing quality.
whyiseverythingupsidedown
Synthetics are better (IMO) - at least then you know they're definitely not blood diamonds.
ChancesAreIHateYou
I'd never buy a diamond but if I did shell out that much for a rock someone better have died getting it to me.
TinkerAndMod
That was dark... +1
HadMeSomeChickens
Because they aren't getting married because they can't find a job because baby boomers ruined the economy and won't retire.
FragileReality
The poor bastards keep voting against their own damn interest on top of it.
LMeire
In fairness, retiring has been proven to be bad for your health, the body just starts shutting down if you stop working cold turkey.
HadMeSomeChickens
So has being unemployed or having to juggle multiple part time jobs.
KangDOTA
The economy is not the problem -- I can't hire full-timers fast enough, and I'm not unique...
HadMeSomeChickens
Where are you? I know plenty of people that are looking for FT work.
ImNotTaylorSwift
What do you do, how much do you pay, where are you, and when can I start?
rossimus
What's your business?
hoxanator
For everyone who is commenting about how they aren't rare, overpriced or something about De Beers: why do they keep increasing in value?
RedEyesWhiteSwaggin
Do some research about supply/demand/de beers?
IForgotHowToChangeMyUserName
They don't. They just increase in retail price. Try selling one used, and see if you can get a slice of pizza for it.
hoxanator
Yea I have. I've always gotten current market value. Which in turn was always more than I originally paid.
JustARandomStrangerOnTheInternet
"it was cold outside so climate change is a myth"
hoxanator
Hahaha! "I ate today so there's no world hunger." That tired old joke doesn't apply to this argument. Try again.
JustARandomStrangerOnTheInternet
1) in order to even ask the question you did you had to completely ignore or dismiss the intial explanation...
JustARandomStrangerOnTheInternet
2) which is why "that tired old joke" applies perfectly to this situation.
FishPotatoWalrus
Diamonds are common, have no industrial value, and are overvalued by careful regulation of supply.
Pullout69
Diamonds have a lot of practical applications, industrial being chief among them.
Dvicemuse
They have industrial uses for diamond tipped saws as diamonds are harder than many metals
FishPotatoWalrus
High supply, low demand. They have industrial uses, but that doesn't make them valuable (unlike i.e iron, oil, tin, sulphur, etc etc).
Dvicemuse
Agreed that they don't possess value. Just giving you as an example since you said "no" industrial purpose
FishPotatoWalrus
Ah, a misunderstanding, my fault. I meant "no industrial value" as in, 'no value added by their industrial uses'.
BenBack
Not only do they have industrial value, but we've been manufacturing them since the 50s to use industrially
FishPotatoWalrus
High supply, low demand. They have industrial uses, but that doesn't make them valuable (unlike i.e iron, oil, tin, sulphur, etc etc).
Pullout69
Tin? Are you joking? Sulphur? That shit is not exactly expensive.
BigDumbFaggot
But they are valuable in an industrial setting. You fuckers need to learn English. Something doesn't have to cost a lot to be valuable.
Pullout69
If something is cheap and plentiful then it is not valuable. That doesn't mean it isn't useful. Tin is cheap because it is easily recycled->