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Old 08-26-2003, 02:27 PM   #1
mrsimperless
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Join Date: Apr 2003
$5 diamonds grown in a lab?

My web perusal today turned up this article of interest. A very nice read if you have the time. Talks about the future of the diamond industry as well as that of the semiconductor industry.

$5 diamonds grown in a lab

One thing that struck me... our Navy has a diamond research arm?? I probably shouldn't be surprised.
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Last edited by mrsimperless : 08-26-2003 at 02:28 PM.
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Old 08-26-2003, 02:34 PM   #2
JonInMiddleGA
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I assume that might be connected to weapons research, IIRC diamonds are useful in certain laser applications.
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Old 08-26-2003, 02:44 PM   #3
QuikSand
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Join Date: Oct 2000
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Hmmm. The modern diamond market is probably the weirdest every to exist in this world. For something to come along and potentially undermine the curious grip that a worldwide near-monopoly has on this commodity could prevent a great deal of continued suffering at the hands of those who currently control the market.

However - even if it's completely rational to be indifferent between a natural and sybthetic diamond... since when has anything about the market for diamond jewelry been rational?
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Old 08-26-2003, 04:09 PM   #4
SplitPersonality1
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Join Date: Jun 2001
Location: Grafton, WI
Quote:
Originally posted by QuikSand
However - even if it's completely rational to be indifferent between a natural and sybthetic diamond...


Personally, I've always been rational when it come to sybthetic gemstones. My wifbe prefers a natural ones, but I gladly pay the lower cost of the sybthetic.

Sorry. I couldn't resist.

Anyway, you are right about the stranglehold that the diamond "cartel" has on the market. This is a very interesting development. I wonder how they are going to counter?

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Old 08-26-2003, 08:25 PM   #5
SunDancer
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We are talking bout DeBeers right?

Don't you have to go to London to get diamonds from them, as they will be arrested for monopoly practices if they enter the US?
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Old 08-26-2003, 08:29 PM   #6
QuikSand
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I'll try to do better.
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