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<p>[QUOTE="totally, post: 2858377, member: 80371"]2 problems with Diamonds backing a currency...</p><p><br /></p><p>1. Diamonds are really only valuable because De Beers makes them valuable. They keep a very tight control on the industry. </p><p><br /></p><p>2. Once someone releases a bunch of lab made diamonds with no marking features into the diamond market place and no one can tell the difference between the natural one and the lab one, what do you think is going to happen to the value of a diamond?[/QUOTE]</p><p><br /></p>
[QUOTE="totally, post: 2858377, member: 80371"]2 problems with Diamonds backing a currency... 1. Diamonds are really only valuable because De Beers makes them valuable. They keep a very tight control on the industry. 2. Once someone releases a bunch of lab made diamonds with no marking features into the diamond market place and no one can tell the difference between the natural one and the lab one, what do you think is going to happen to the value of a diamond?[/QUOTE]
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