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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (1264)9/7/2003 8:54:46 AM
From: Bill Jackson  Read Replies (1) | Respond to of 16206
 
EC, How can you say that about Pop Sci? Why I look out the window and I see literally thousands of personal aircraft(autogyros for the most part) looping around the buidings, over and under the many thronged aerial roads that go from building to building and to the gound.......come to think of it, where are the landing fields?

Freshly made diamonds versus old tossed out diamonds, which will have enduring value? Both will have their clients. The poor will buy huge rocks for adornment at low prices, the rich will sniff and brandish their luttle pebbles. Sure you can tell which is which in a lab, but from afar on a finger or around a neck? noway, so that means even the rich will buy them, as people will assume that they, being rich, have real diamonds. Thus a parallel market will appear.
I wonder if the CSO will be able to get a law enacted making people who wear manufactured diamonds to get the words cheater tattoed on their forehead? Then it will be a simple matter to check. Enforcing this will be the diamond police.......will this come to pass? I don't think so, not the branding or the diamond police anyway, but all the rest will happen. The volume of diamonds sold at high prices will fall as the man made kind grab market share, and grab it they will.
So the huge dinosaur that is the CSO has been killed already, but with the typical distributed node brain it will hang on for a while, getting weaker and smaller and soon all those new Canadian mines will be shutdown forever, killed by the cheap alternateive supply that synthesis provides.
Cutters will endure, for personal gems, but even that may fade a little as people go for the unadorned look.

Back in the 1800's expensive engraved woodwork and stone work was seen only on the houses of the rich and on government buildings. The along came machine cut and the poor people could afford this stuff....there was an explosion of it and the value was completely eroded and the rich went for simple styles. Same with diamonds. Soon the porr will go to town with a hundred $10 gems on them, and the rich will realize that if they match them they will appear crass.

Right now the fake makers will try to keep their prices high, but others will come along, and the Russians might just open their warehouses where they have thousand of tons of uncut stones from the earth(it is rumoured).
In the next 20 years we will seel all this happen, IMO of course.

Bill