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When you see a lot of a thing all in one place, that does not mean that "it does not inherent value" or that it does not have rarity. A silo of grain does not mean that the wheat was effortless.
De Beers controls diamond prices for most diamonds sold, yes. That is why diamonds are a terrible investment choice, because unlike metals, they will not have massive price fluctuations.
Diamonds are my birthstone, but I didn't like them until I studied them. Now I can't hear an off-hand comment about them not having value without becoming wordless with rage.
De Beers controls diamond prices for most diamonds sold, yes. That is why diamonds are a terrible investment choice, because unlike metals, they will not have massive price fluctuations.
Diamonds are my birthstone, but I didn't like them until I studied them. Now I can't hear an off-hand comment about them not having value without becoming wordless with rage.
no subject
Date: 2013-05-05 07:30 pm (UTC)How would the price change, if there were multiple competing companies?
(or,... what if one particular clan of dwarves controlled all of the Admantine mines..?)