Diamonds Are Not Rare or 'Artificial Scarcity'

Second only to Christmas, Valentine's Day is the holiday when diamonds are most often given as the ultimate token of love. Central to the diamond's role as a romantic symbol is the belief that diamonds are one of the rarest, most precious gifts for a loved one. But it's only a myth--diamonds are found in plentiful supply. FRONTLINE examines how the great myth about the scarcity of diamonds and their inflated value was created and maintained over the decades by the diamond cartel. This report chronicles how one family, the Oppenheimers of South Africa, gained control of the supply, marketing, and pricing of the world's diamonds.

Cursed Hope Diamond blood glow explained

(Telegraph UK)

But by the start of the 20th century, rumours circulated about the owners who had come to a sticky end as a result of a curse - including ill fated members of the Hope family, who gave their name to the gem cut from the French Blue, and the beheadings of Louis and his wife Marie Antoinette.

Largest Diamond in the Galaxy Discovered

(Full Article-NewsLaunches.com)

Astronomers have discovered the largest diamond in the galaxy located at a distance of 50 light years from earth in the Constellation Centaurus. The space diamond is virtually an enormous chunk of crystallized carbon, 4,000 kilometers in diameter which makes up ten billion trillion trillion carats or five million trillion trillion pounds comparatively the largest diamond found on earth weighs just 546 carats. Scientists believe that the diamond is the heart of an extinct star that used to shine like the Sun. Astronomers have already dubbed the space diamond as Lucy in a tribute to the Beatles song ‘Lucy In The Sky With Diamonds.’ Lucy, also known as BPM 37093, is actually a crystallized white dwarf. A white dwarf is the hot core of a star, left over after the star uses up its nuclear fuel and dies. It is made mostly of carbon and is coated by a thin layer of hydrogen and helium gases.

Blood Diamond: Double-Think and Deception Over Those Worthless Little Rocks of Desire

(Full Story)

Blood Diamond is a Hollywood film depicting horrific bloodshed in West Africa, in 1999, spawned by the lust for diamonds. The film opens with the understatement that “thousands have died and millions have become refugees.” But more than 70,000 people died in Sierra Leone’s war. The film immediately segues to a palatial boardroom in Antwerp, Belgium, to the G-8 Conference on diamonds. The all-white executives are ostensibly concerned, holding worried discussions about…the fate of people? Africa’s people?