I used to be in the Diamond business and I can tell you, NEVER buy a diamond for investment, because you will NEVER get the money back out that you payd to purchase it! There is a pretence that diamonds have fixed prices, but these only aply to the sellers in the business. They will never ever buy a stone back from you at the same amount that you have paid for it !!!
@@petarristevski9830 At least with gold and silver, there's industrial value. But DeBeers is literally making diamonds now, 1 carat near-flawless stones for 800 a stone. Their cost? About 120 a stone. MASSIVE mark-up, on a product that is literally as common as coal.
I use to design and hand make jewelry in my early teens to mid twenties, I am a man and I can tell you that there is nothing on earth more beautiful than a high clarity and color diamond, you could look at it every day and not get sick of it.
@@user-mr4pm7jv5e If you stay under 1 carat then yes (like in bracelets). But if it's more than 1 carat a diamond has significantly more depth than a moissanite.
im assuming you live a basic life, and you only like living a basic life because thats all you ever experienced, your clothes basic, your home basic, your wife/gf or significant other is basic..your car basic.you honestly hate being basic but you dont have it in you to get out of that basic box youre in...you rather play it safe...and thats what you hate the most about yourself...your insecurities are over whelming you know any moment that the love of your life can be sweep up from under your feet the moment someone with style and excitement comes into the picture...it sucks being basic being that scary, shit i couldnt do it..i like living life as i please with no regrets, spend my money make it right back and spend it again and then triple it next time...when you can make money easily you get to spend it even easier
They’re used in lasers as reflectors, a lot of scanners have them, they’re great resources but people rather something shiny than to use it for innovation
Agreed. Gems are valuable because of their rarity. Diamonds are some of the most common pieces of gems on earth. It’s the monopolization of the diamond mines that make diamonds valuable.
Fun fact, the only reason diamonds are so valuable is because an advertising company decided they should make them the most expensive. In fact they're one of the most common and boring of gem stones.
What about lab-grown diamonds? (lab-grown diamonds are real diamonds btw, just that they are grown in the lab and not made by mother nature. But they are the exact same end-goal product)
The lab made ones are stronger and have better clarity. Both desirable. But the monopolizers of diamond mines devalue them saying they are too perfect 😂
In order to make lab diamonds, you need a form of carbon like graphite (what pencil lead is made of), extreme heat, and extreme pressure. To put it simply, rearranging the molecular structure (called an allotrope of carbon) into a diamond allotrope.
@@aramisnature nope. Many jews are into diamond trading. Similarly many gujaratis too. But the cutting and polishing of most of the world's diamonds are done in surat, gujarat by indian artisans.
The value of a diamond is what you are willing to pay if you are starving /dying of thirst a diamond regardless how big is worthless a bottle of water or loaf of bread has more value not a sparkly rock that is used for adornment
Diamonds as an investment?! hahahahaha have you ever tried to sell a diamond? they worth nothing! for every $1000 dlls you pay, only $150 to $200 dlls is the rock worth. Buy gold certificates from the bank as investment, not shiny rocks.
Investment can also mean something you buy for the long term. Buying a car is an investment because it is something you are going to use for a long time.
Gold certificates from banks are imaginary and you will kiss your money goodbye. 99% of gold certificates sold don't have physical gold stored somewhere in that banks' vault. The gold certificate you buy only gives banks more money to invest and the banks might even sell the physical gold to other investors like china who will make jewelry and sell it to buyers and that jewelry gold is the gold on your certificate you bought. Only Gold investment is true investment if you buy physical gold and keep it somewhere. Try going to the bank and redeem your gold certificate with actual gold. See what they will tell you lol
Finally humans are truly thinking and finding truth: Diamonds are worthless. We give them value. We choose to pay so much for them. At the end of the day, it is a pretty rock shaped by processes that make it pretty. Can't believe people go crazy over this stuff. I don't own any real gold, silver, stones. Just one stone which is a gem, an Aqua Aura. People talk about cursed diamonds. Due to the history behind them. So many times we may think of ourselves as not cursed, but we may be. Be careful with what you do with your time on Earth.
The funny thing is that diamonds aren't rare and expensive at all. As a society we set the price that high plus with the help of a monopoly on diamonds. Research this and your mind will be blown
No, historically Jewish communities have always been heavily involved in a jewellery market. Because of this numerous city around Europe (Amsterdam, Köln, etc.) were known for their diamond trade (until the Holocaust, after which the diamond trade never really recovered in Europe).
I like how a video emphasizing on the beauty of diamonds gets switched to crying about someones ethnicity. Too much negativity........the guys just doing his job.
the biggest factor is how much and what quality the want to reliese it is not like fruit that has a veritable crop they manipulate the supply (blood diamonds.
Instead of showing how it’s cut how about you guys show the people how are they’re found! Basically slaves in Africa amongst other poor countries mine for your precious stones.
jonh hancock Why do people just talk about "blood diamonds" when the total world production of these are minimal? Russia is the biggest producers of diamonds supplying 24% of the world's markets...
What impresses me is the skill which is required to shape and polish these rough stones into marketable diamonds. These craftsmen continuously check the progress of their work as they run the stones over the grinding wheels. They make one or two passes, then check their work with a loop. It appears to be extremely tedious labor; and I shudder at the thought of someone grinding off too much material. I assume it takes quite a few years of training to perfect the proper technique.
Diamonds are long term investments. If you buy one now, dont expect to sell it for a profit tomorrow or next year. The next generation owner will appreaciate its value, not you. Same with gold
NO FUCKING WAY!! WHEN I LIL IN MEXICO, I USED TO GO PLAY FAR FROM MY HOUSE INTO THIS DIRT, AND THERE WERE TONS OF COLOR CRYSTALS, BLUE,PINK, RED AND WHITE, WHAT COULD THEY BE!?
Couple of comments about the Jewish Gentlemen working on the diamonds.. If you believe you can have that much skill, then apply. Otherwise it is not required to talk about who they are as much as what they do.. Don't worry, I am Irish and what the Irish had to go though early on their arrival to this country were they were shunned and had a terrible time, that is until John Kennedy became President.. And all you guys get drunk on March 17th every year! ~~ "Saint Patrick's Day or the Feast of Saint Patrick (Irish: Lá Fhéile Pádraig, "the Day of the Festival of Patrick") is a cultural and religious holiday celebrated on 17 March. It is named after Saint Patrick (c. AD 385-461), the most commonly recognised of the patron saints of Ireland."
Ok guys on a real note, if anyone spoke about your religion or what you looked like ya all would be tripping.i bet you talked about a brother or a sister like that it would be a war.i find it offensive. 🤔
@@Pauly421 You find racism entertaining, if people spoke about the Irish that way you would understandably be offended. But you know where I stand on this issue. I just want people to be mindful of what they say. Because its hurtful. It could be a jew/ African American/ latino ect...who could save your life. Human is human.... we are the same....
Ukrainian geologists have discovered 490 Kimberlite pipes and the rule of thumb is 1 in 90 can become a mine . Looking at the other end Ukrainian Alkor D company grows diamonds and they hold a record for a lab grown one 150 carat diamond yep Ukrainians can grow them big . The reason to grow such a large diamonds is for the semiconductor industry to manufacture micro processors for super computers. Also to make batteries a diamond cooked in a nuclear reactor turns the carbon to conduct electricity the University of Bristol in the UK is doing some trials .
And gold is a metal that looks nice, and money is paper that looks nice, etc. The only things in this world with intrinsic value are food, water and tools. The rest is made up by humans.
And if they showed your family, it would not be racist? When you antisemitic monster take Jewish homes, make them leave with only their clothing, diamonds were a way for them to keep some wealth.
Diamonds are not good for investment , you can never sell it the same price you bought it ... thats why DIAMONDS ARE FOREVER . Once you bought it make sure to cherish it forever . I love diamonds , buy Gold if u want to invest your money back .
Being born in April, and having Diamond as my Birth stone.. I always thought that i got the most boring birth stone. But after watching this makes me appreciate them even more..
Lmao birth stone, such nonsense, same as zodiac signs. If someone decided we had thirty months in a year, each consisting of twelve days, then you would have thirty signs. Means nothing at all.
Half of y’all in this comment sections were the first ones mourning Jewish people when the synagogue in Pittsburgh got shot up...Stop being hypocrites and grow tf up. He’s just cutting up a diamond.
yes it's surprising to u all....here in my City Surat, India..... word's 95% diamonds are cut & polish here...... it's a huge achievement nobody can achieve it in the world.....
“See how diamonds are cut from rocks”... this title irks me so much! It should either be “see how faceted diamonds are created from rough diamond” or “see the process how a rough mineral is faceted”. Personal preference though.
it sort of irritates me how this woman says diamonds will always have the same value, like no we don't know that, what if in the future we're able to go to that one planet that rains diamonds or finally be able to make artificial diamonds by putting lead into immense pressure. the value of diamonds would decrease due the influx.
