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Comment Re:Blood diamonds anyone? (Score 2) 107

Color is another aspect that has upended the natural diamond market. Colorless natural diamonds were worth more unless the color was intense which was rarer. Pink diamonds were the rarest and most expensive. Diamonds with just hints of color were worth less. Lab grown diamonds are able to replicate color reliably and one main clue that a diamond might be lab grown is if the color is too intense. If the diamond was natural, most people could not afford it.

Comment Re:Blood diamonds anyone? (Score 2) 107

The point is the salesman made her diamond's flaws as a selling point. Natural diamonds with flaws are cheaper as perfect, flawless diamonds are rarer. However synthetic diamonds have fewer flaws as the process can be tightly controlled. In order to keep selling natural diamonds, they have to push the narrative that flaws make natural diamonds more attractive somehow.

Comment Re:Blood diamonds anyone? (Score 3, Insightful) 107

And which girls think it is cool that someone dug up a rock in a mine? Most of them care how diamonds look. Between lab grown and natural, there is no difference in that regard. Without lab equipment it is hard for any person just to look at a diamond and tell where it originated. The value of the diamond is currently about bragging rights; but that price is artificially controlled by DeBeers.

Comment Re:Blood diamonds anyone? (Score 2) 107

Diamonds are not as rare as the industry would like the public to believe. Cartels like DeBeers control the supply. For the purposes of jewelry, synthetic ones have less variability which makes them more attractive for manufacturing. The main drawback is the stigma. If the public sentiment shifts to not caring, then DeBeers will face a decline.

Comment Re:Bare minimum in EU (Score 1) 224

They should have put it closer. But puttering down the strip on foot checking everything out, and then hitting the monorail for a 1-way ride all the way back, is a pretty common thing I think. That, or staying in the hotel where your meetings/conference/gambling is, and hardly going outside. Or going to the Raiders game or F1 race.

At least I think we can all see the monorail does have decent ridership, and the extra-wide sidewalks of the strip are relatively crowded, much moreso than typical in the US other than exceptional places like NYC.

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