Reply to Lab vs. mined diamond engagement ring

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would not spend $10k on a fake diamond. Got my engaging ring close to 20 years ago, and it was $25k for a 2 carat. Have diamonds gone down that much in value? [/quote]

You clearly have no idea how lab diamonds are made.   Lab diamonds aren't fake diamonds.  It is the same process that happens in nature, just in a controlled environment.  For all the technology it is a pretty slow process.

The lab diamond process isn't cheap.  It is simply a supply and demand issue.  [b]The supply of natural diamonds is pretty thin[/b].[/quote]

The supply of natural diamonds is not thin. They are abundant.  deBeers etc have controlled this from the time they started the great marketing campaign that made it seem like they are incredibly precious. Mined diamonds are a scam.

They have also tried to exert control over the manufacture of lab diamonds but have lost that fight. Right now the prices for lab diamonds are still too high but they will fall and we are seeing larger, better quality stones from multiple sources. deBeers can't stop or control the many countries that are now creating lab diamonds.

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