[LMB] OT: Marketing

Walter Bushell proto at panix.com
Sat Nov 18 14:34:30 GMT 2017


> On Nov 18, 2017, at 12:01 AM, WILLIAM A WENRICH <wawenri at msn.com> wrote:
> 
> Item: Diamonds are not that uncommon. DeBiers, among others, convinced people that every woman who marries should receive a diamond ring worth three months of the man’s salary.
> Item: Brown diamonds are the most common form of diamond accounts for 15% of the diamonds mined. They were seldom used as gemstones because they were darker and refracted less light. However, recently, they have been renamed “chocolate” diamonds and are more in demand with a higher price.
> Wasn’t it Miles great grandfather who thought galactic’s gemstones would be worth the same as the natural ones he was used to? We have artificial diamonds now. They are less valuable (as in a lower market price) than natural diamonds.
> 
> Sent from my iPhone

Probably the artificial diamonds have fewer defects. In any event, the value of diamonds
is maintained by a cartel if some entity breaks the cartel then the price would plummet.

--
Sufficient to the weevil is the day thereof.








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