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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST

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To: Haim R. Branisteanu who wrote (172219)5/23/2021 8:08:56 PM
From: TobagoJack  Read Replies (1) of 217689
 
speaking of trading and such, a fractal / analog / mirror-image of the struggle between gold / not-gold, bitcoin / not-bitcoin is happening in the diamond / not-diamond arena, and the arguments are similar at least or simply rhymes

OTOH natural diamonds can be bloody and its mining uses energy, but its creation does not require energy because done long ago by god.

OTOH, human-made diamonds require much creation energy, probably by non-sustainable means.

Who can argue the tallies? All can, I suspect.

As far as I am concerned Pandora might as well be pushing glass crystals.

scmp.com

Pandora says lab-grown diamonds the ethical choice. Not so, say diamond miners. Who’s right?

Tobias Kormind, of online retailer 77 Diamonds, says diamond miners have largely eliminated shady dealings, and notes that lab-grown stones need a lot of power Still, he credits Pandora for a decision he believes is born both of a commitment to sustainability and economic opportunity as lab-grown diamond prices fall

The different directions are as sharp as the angles on a multifaceted brilliant.

Pandora, the Danish company that makes more jewellery than anyone else in the world, most of it inexpensive, has announced it will no longer use naturally mined diamonds.

Instead, as a “testament to our ongoing and ambitious sustainability agenda”, said chief executive Alexander Lacik this month, Pandora would use only diamonds grown in laboratories. He used the occasion to announce the Pandora Brilliance range featuring lab-grown diamonds set in rings, bangles, necklaces and earrings.

Not so fast, responded a diamond industry group a few days later, objecting to a “false and misleading narrative” in the Pandora announcement.



A Pandora shop in Riga, Latvia. The world’s biggest jewellery maker nas announced a new range featuring only lab-grown diamonds. Photo: Reuters

The Natural Diamond Council, the World Jewellery Confederation, the World Diamond Council and the Responsible Jewellery Council jointly said the diamond industry employs tens of millions of people around the world and many communities in developing nations rely on income and welfare from diamond mining.
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