Keep in mind, the concept can be used across the industry of manufactured goods and non-manufactured goods. Why do people buy Cadillacs or Mercedes, Jaguars or Aston Martins. Or why do people eat caviar or fugu ? Why does someone like a cell phone with all the gizmos, rich corenthian leather, etc etc. It's all marketing to create a perceived value of the target audience, and in the end, for profitability of the seller.
I have a Store on Long Island and have come across a number of 1 ounce bars in the packaging and they were fake. We use a Thermo Scientific xray machine to determine the composition and it has already paid the $17000.00 I paid for the machine.
My particular bone of contention regarding the particular venality of hawking diamonds specifically, and to an unsuspecting public at that, is the fact that unlike the other products you mention this one has no conceivable useful function and as such no redeeming qualities whatsoever, and to put the frosting on the cake, akin to the effect of a regressive tax, its cost inevitably hits those who least can afford it the most.
Excellent, and good for you. It's really great that folks like you are taking this burgeoning problem seriously and doing something practical and worthwhile about it.
what's the useful function of gold and silver then ? Can't use either in industrial uses, whereas with diamonds you can and they have been used as tools ever since they've discovered them. It's only later that they (mostly India I think) started using them as jewels. Diamonds, with sapphires and rubies, were/are used for heavy wear mechanisms such as in watches and use for cutting concrete and steel. It is considered the hardest element, thus it's usefulness is only limited by the use. It all come down to the value in the eye of the beholder from marketing.
I didn't disagree with its industrial uses; those are of course more than just fine. As a piece of monumentally overpriced "jewelry", not so much.
One source suggests: "Silver is a magic metal. It is the best conductor of electricity and the best conductor of heat of all the metals. It is also the most reflective metal. However the most amazing thing about silver is its ability to kill bacteria." Also, they make jingly clanky shiny coins out of it.
Why is there so much confusion regarding the difference between reality and fiction here? Gold and silver are objects of actual scarcity and/or rarity that are present here only because they came to earth from colliding stars and as such are forever strictly limited to the deposited quantities at hand. Diamonds are an earth-created substance which through eons of high pressure being brought to bear on buried carbon-laden organisms becomes crystallized and hardened and are as such an automatically renewable and potentially unlimited resource.
you forgot that they can also make synthetic diamonds. what's the weight per ounce of perfect diamonds to gold/silver? you can't refine/purify diamonds by melting them like gold/silver it doesn't matter. I don't collect diamonds. Got out of that a long time ago. I like the clanky shiny stuff.
Diamonds are: A) Forever B) A girl's best friend C) Things you persuade a woman with to then later take your house D) All of the above
Gold and silver aren’t rare or scare. With the proper funds I can buy pounds of it all day long. It’s also infinitely recycyleable
from phys.org During the formation of the Earth, molten iron sank to its centre to make the core. This took with it the vast majority of the planet's precious metals – such as gold and platinum. In fact, there are enough precious metals in the core to cover the entire surface of the Earth with a four metre thick layer. https://phys.org/news/2011-09-gold.html#jCp I would not call that rarer than diamonds, nor ice.
Sure. All you have to do is get to them. And by the same token, we know where to get more hydrocarbons than Man could ever burn -- on Titan. While you're at it, why not go chip off some chunks of that planet-sized diamond hypothesized to constitute Jupiter's core?
The "Big Bang". My biology teacher told me that's how we all get started (unless you still believe in The Stork).
Whoa, nellie, you just went off the deep end on this one. All the gold ever found adds up to a 20 meter square block, four of which could fit under the legs of the Eiffel Tower. Sure doesn't sound like an inexhaustible resource to me.