... and now the rumors about a Justice Dept investigation of JP Morgan's silver dealings. This could get interesting.
As it should. These Wall St guys have been double dealing for years not to mention the synthetic CDOs and the rest of the crap they've been selling then shorting which should be criminal in IMO.
Problem with diamonds is that they aren't forever. Diamond is highly compressed carbon. Take it out of it's high pressured environment and it slowly goes back to being carbon. The diamond slowly flakes away. Gold on the other hand is an element, and lasts forever!
I have never read\heard about diamonds returning to carbon. I have read\heard the Joan Baez song Diamonds to Rust.
From Wikipedia on the topic of Metastability..... "In Solid State Physics, diamond is a metastable form of carbon at standard temperature and pressure. It can be converted to graphite (plus leftover kinetic energy), but only after overcoming an activation energy - an intervening hill."