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RE: Are Diamonds a Massive Scam?
Five simple steps to becoming insanely rich while tricking everyone in the process:
- Find a "sparkly" natural resource
- Dig "sparkly" natural resource out of the ground
- Hoard 90% of the mines that hold my "sparkly" natural resource, In my own warehouses...Then create an artificial scarcity, proclaiming that it's rare.
- Market "sparkly" natural resource as a better savings than buying a house, tuition for their kids, or saying that their significant other won't love them if they don't buy them a "sparkly" natural resource.
- Sit back, relax, and take profits from unsuspecting victims...Sorry, I meant customers...Rinse...Repeat process all over again:)
ya exactly
plus because of the emotional connection we draw with love and romance, second hand engagement rings etc are pretty much worthless, so there's always demand for new diamonds from the mines
Unbelievable! Lol...Great informational post @trafalgar:)