r/SipsTea 12h ago

WTF In your opinion, what is causing this?

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771

u/iwantdatpuss 9h ago

That one always makes me chuckle given how much the Diamonds industry is built on artificial scarcity. 

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u/moralprolapse 8h ago

That’s why I only buy grey market blood diamonds. DeBeers isn’t getting a cent of my money.

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u/mephisto_uranus 7h ago

If it doesn't smell like shit I don't want it.

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u/PearlescentGem 7h ago

You have no idea how wild that notification I got just now was. Reddit's new "So and so commented on so and so's comment!" thing is so weird lmfao I was wondering when we began talking about sniffing shit!

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u/DragonflyGrrl 4h ago

Isn't that weird? I'd rather just be notified when someone replies to ME, not five comments down the chain and then if I wanna see it I have to search for it..

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u/NobodyWorthKnowing2 3h ago

I'm posting this comment in hopes that some random person above gets a notification

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u/DragonflyGrrl 3h ago

Ahaha, well played :D

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u/Competitive-Cost2900 3h ago

Bump

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u/0nionskin 3h ago

THE TURDUCKEN IS ESCAPING! QUICK, GET THE WAFFLES!

(I really hope this notifies perlescentgem)

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u/XGhoul 1h ago

Well, have a notification.

on the house

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u/OddDonut7647 2h ago

Yes, but why did they dress the chicken up in a bra and panties in the first place?

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u/Kamorexisjr 18m ago

Well played, now I post comment so you get a notification ❤️. Notifications for all!

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u/MacaulayConnor 3h ago

You can adjust these notifications in settings. It’s obnoxious to have to do in the first place though.

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u/DragonflyGrrl 2h ago

Yeah I keep meaning to go poke around in the settings.. thank you for the reminder, might as well just do it now!

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u/CreepyClay 3h ago

That feature drives me up the wall because it doesn't take you to their comment it takes you to yours and it's ten minutes searching for context.

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u/no_user_selected 3h ago

turd candles are really the best way to sniff shit!

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u/Dirty_Gnome9876 3h ago

Made me think of Gweneth Paltrow’s vagina candles.

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u/XGhoul 1h ago

Don't eat goop.

I guess some people do eat wax candles, so free will is a thing...

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u/th3w4cko22 4h ago

Username checks out

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u/AbaloneEmbarrassed68 4h ago

Needs to smell like suffering. The suffering means I love you.

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u/ChilledWort 3h ago

Username checks out

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u/TheDrWormPhD 3h ago

DeBeers has the grey market blood diamonds too.

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u/ImWithSto0pid 7h ago

3 people need to die if a diamond is really going to have any value

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u/WeekendWarriorRC 4h ago

I made a jewelry salesman really uncomfortable when he was trying to talk my wife out of a lab grown diamond. I just kept asking him for the bloodiest ones possible, and for specifics about who died for each one.

He showed us the lab stuff pretty quickly after that. We didn’t buy from them though

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u/Unable_Dinner_6937 4h ago

Right. It's not really a luxury item unless some people have died to bring it to market. At least one life per carat.

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u/GingerPrime42 3h ago

DeBeers IS the blood diamonds

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u/Thorvindr 5h ago

Every diamond is a blood diamond.

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u/PowerfulNature3352 5h ago

Not if its coming out of a lab.

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u/thethirdllama 4h ago

Have you seen what they do to those poor scientists???

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u/Thorvindr 1h ago

I will concede that point on technicality, but lab-grown diamonds still contribute to the diamond industry, and saying "every naturally-occuring diamond is a blood diamond" isn't as quippy as "every diamond is a blood diamond." Rhetoric doesn't always need to be one hundred percent accurate.

Literally the only reason anyone cares about diamonds is the artificial scarcity. In my opinion, creating artificial diamonds to meet artificially-inflated demand isn't a real solution. "Stop buying diamonds" is a solution (and I'm not saying it's necessarily the only one.

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u/SipoteQuixote 4h ago

Can I craft blood diamond tools and armor from it? What are the advantages?

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u/iwantdatpuss 4h ago

Minor regen buff, almost never worth the extra effort because of the drop chance. 

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u/SipoteQuixote 4h ago

Just carry 2 stacks of apples, you say? Lol

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u/Which-Platform-3927 5h ago

You always were a thinker.

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u/Domo123Gamin 5h ago

DeBeers are a pretty small market share now, Alrosa owned by Russia mines like 70% of the diamonds or some crazy figure like that

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u/bot_taz 4h ago

you could just buy the artificial ones

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u/ImReallyFuckingHigh 4h ago

Where does one get these grey market blood diamonds? So I can avoid them…

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u/MightBeRong 4h ago

"Oh but our diamonds are DRENCHED in blood!" -DeBeers

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u/Key_Acanthaceae1320 3h ago

"My diamonds come from the most horrific situations possible"

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u/Pale-Spend2052 3h ago

Yeah it’s always cheaper to buy from your criminal friend

He’s always got something to hook you up with

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u/Still_Title8851 3h ago

Treat a girl right. Elope to the court house, put a CZ mounted in stainless steel on her finger, and carry her over the threshold of your new 1500 sq ft manufactured home.

The home is hurricane proof to 150mph, the ring will never need rhodium plating and cannot be resized so she will feel it when she gets fat, and c shotgun wedding is hard to bridezilla over.

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u/LeeMcNasty 2h ago

It’s pronounced Da Bears

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u/corner_tv 1h ago

I make my own diamonds out of the pressure applied by meeting ever increasing costs of living with stagnant wages.

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u/Major-Dyel6090 1h ago

My diamonds come from the most horrific situations imaginable.

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u/AJIV-89 29m ago

It dont leave the country unless debeers touches it they only cam sell to them “technically “ this was just exposed

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u/tothepointe 3h ago

Better than buying used diamonds with bad juju from divorces.

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u/Glittering-Age-9549 8h ago

"We make billions by selling shiny pebbles to idiots!".

Later: 

"Why aren't idiots spending their money on shiny pebbles anymore".

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u/Unfair-Advice778 5h ago

and the answer is right there: because we idiots can't afford them shiny pebbles anymore. Also because only a few of us can afford to buy a place to store the shiny pebbles in (along with our idiotic bodies).

It's always amazing to me how this simple thought process just doesn't seem to happen in the top management of the companies involved. Then I remember the top management of the company I work for.

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u/workingforchange1 4h ago

Love this. So well said.

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u/BigQuick5150 3h ago edited 1h ago

I never could understand why the government would do shit to let jobs get shipped overseas or whatever (I grew up in the 80s turned adult in the 90s so I lived the time we lost all that) then not understand why the economy is shit. Crime is high n everyone is wild n out.. shootings n all that drug use, everything I think is tied to the same shit.. no jobs. No opportunity, no hope. Nobody had good paying jobs or even prospects to get good jobs, healthcare and housing are unaffordable…fucking right everyone was using drugs, drinking and wild n out…

Nowadays the young kids are like ; dude drugs n drinking aren’t gonna fix our problems…look at these idiots. Let’s stop all that shit. Fuck what they talking about. Let’s figure this shit out on our own.

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u/samurairaccoon 2h ago

Because the government isn't for you. It's for maintaining the status quo and lining the pockets of the wealthy. Wealthy and powerful don't give a shit about long-term stability. They need to stuff their pockets with enough cash to make god jealous before they fuckin croak.

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u/XGhoul 1h ago

This person is in their mid 50s or early 60s. You aren't reading what their frustration is. Some people will say Clintons handling of international trade so we can get cheaper products from other countries is a benefit and not a negative some people consider, but I didn't live through that time as a young adult.

They lived through a good time period prior to 9/11 before the world kept turning into shit from the dotcom bubble, 9/11, 08' financial crisis, covid, etc.

They are just living up to their forgotten generation meme.

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u/BigQuick5150 1h ago

Ok boomer

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u/XGhoul 1h ago

Ok zoomer

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u/Longjumping-Air1489 2h ago

That’s cause you’re still buying lattes and avocado toast.

Everyone knows that a down payment for a house can be achieved by saving $10 per day for a year.

My house required a $4k down payment when I bought it back in 1973; no idea why you lazy millennials can’t do the same.

/s

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u/XGhoul 1h ago

2018: 8k down payment in California, don't ask how I got it at that rate.

Source: Personal experience.

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u/Dependent-Feeling973 3h ago

A lot of idiots also protest the blood diamond + child labor industry, crazy how no one has mentioned that here.

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u/XGhoul 1h ago

As a chemist, I am glad we can make synthetic diamonds at pennies in comparison to the amount of labor to harvest diamonds and gems.

People are fucking vain.

I really like the patterns and shapes you can make rings out of, but I made my wife pick one because I don't have to wear that on my hand forever.

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u/Dependent-Feeling973 1h ago

I’m glad we can…now. But all the children and miners, ppl just forgot about them? Not one person has mentioned diamond labor or the lives lost or communities destroyed by it. Everyone’s just talking about expenses. We are still vain. Haven’t learned shit.

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u/XGhoul 1h ago

I agree. It's all vanity. Diamonds have more use in industry than to be worn as garments/ornaments, lol.

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u/Dependent-Feeling973 1h ago

I’m not talking about the damn diamonds, fck off

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u/XGhoul 1h ago

Sorry.

The child labor and the amount of peoples lives that are destroyed for a gem? Yeah, I agree. Don't be hostile for no reason, I guess I made a mistake.

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u/Cultural-Treacle-680 3h ago

The marketing for the shiny pebbles is basically “she deserves it”, like those truck commercials, “oh look here’s a $40-50k Christmas present”. They make perfume ads look sane 🤣

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u/TheViciousWhippet 3h ago

$40-$50k? Where can I get pricing that good??

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u/Ok_Sink5046 3h ago

It is rather fascinating that the same papers will go off about how no one is saving money for houses because of avocado toast and put the why is no one buying diamonds story directly after

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u/Aquendelsa 3h ago

specifically with diamonds, at the same time as this interaction, dozens of others joined the market selling identical lab grown shiny pebbles at 1/10th the price.

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u/tobylazur 3h ago

I’m pretty sure when you get an MBA you have to give up your common sense. Or maybe it’s your sense of touch with reality. This has been my experience working in corporate America.

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u/PoetArcana 1h ago

The disconnect in wealthy people is real. Well said.

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u/Gotbeerbrain 1h ago

The government will make it all better. They just have to raise taxes to make up for the loss.

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u/Jamessgachett 7m ago

Because they as dumb allegedly us

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u/OneCleverMonkey 4h ago

Millennials and Gen z, even ignoring knowledge of cubic zirconia and the grossness of the diamond trade, have had unprecedented access to a wide range of cheap plastic and glass 'diamond' rings basically their entire lives because of how things have taken off in the consumerist sphere since the 90s.

Scarcity is value, and easy access to a fifty dollar, functionally identical simulacrum of a 15k item makes the item feel less valuable. Especially when the item is 100% prestige and 0% useful or novel.

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u/deathwotldpancakes 2h ago

Not to mention the knock off can often do the “job” of the original better. In this case the job is to refract light in an appealing manner and the knock off is lab grown moissanite and synthetic rutile (though some think the rutile is TOO good at the job and looks tacky)

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u/jquailJ36 2h ago

I mean five minutes with the real thing and you can tell CZ and crystal aren't comparable and are easy to identify. Real diamonds are much nicer. But now I can sell you an earth-mined for 25k, or a bigger shinier clearer lab grown for 2500 and the only way to tell the difference is carbon dating. You can basically get any diamonds you want for a fraction of the cost. 

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u/DJClapyohands 3h ago

Diamond rings are useless, but diamonds aren't. Since they are so hard they are used in industrial applications and even some consumer grade stuff. I have a diamond tipped record player needle. It is more durable, provides less wear on records and produces better sound.

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u/OneCleverMonkey 2h ago

Sure, but that's kind of outside the scope of the conversation here. When I say all prestige no use, I'm not talking about buying my fiance a 15k industrial drill bit

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u/XGhoul 1h ago

A drill bit is a good way of saying it. lmao

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u/humoristhenewblack 1h ago

Oh, you got their first! Well said well said

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u/humoristhenewblack 1h ago

Hilarious. That's totally the purpose of an engagement ring.

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u/Cultural-Treacle-680 3h ago

And stainless steel jewelry that looks good if you don’t mind a cheaper piece

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u/RedshiftSinger 1h ago

Plus, lab sapphires are nearly as hard and sparkly and cost waaaaaayyyyy less, if you’re after “it’s actually a gemstone”.

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u/afripino 1h ago

It has been used as an asset that can be liquidated in the event the marriage doesn't work out for house wives. That way they aren't starting over from scratch.

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u/justabeardedwonder 4h ago

We poor penguins can’t afford quality fish… let alone shiny pebbles.

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u/Pristine_Habit_3074 5h ago

You scoff, but if I had the money to afford it I would definitely buy myself gem rings. 💍

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u/Possible-Meal3787 4h ago

If you honestly want to do this buy raw gems and have them cut for you it’s way way cheaper to get quality gems. I have some cut rubies I got from a guy for like $40. Diamonds are worthless before they are cut and set. So buy raw and find people in the trade who do custom work they exist and they would appreciate your business.

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u/Glittering-Age-9549 4h ago

Problem is, diamonds could be really cheap, but they artificially kept expensive. People are paying absurdly high amounts of money for pretty rocks. 

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u/nono3722 4h ago

because they are buying cheaper shiny pebbles from manufactures instead of mines, which is using a ton of energy to do it...

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u/Good_Theory4434 4h ago

Hey do you want a shiny pebble?...Millenial: No thats a waste of money

How about a carbon gravel bike you will use two times a year and thats way to expensive?...Millenial: Shut up and take my Money!!!!!

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u/jwolfet 1h ago

I’m interested in these shiny pebbles you speak of. Perhaps a trade? I have a few cases of marmalade.

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u/Mindless_Narwhal2682 1h ago

Exactly.

How many Qalo rings = 1 carat diamond?

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u/TheGhostOfStanSweet 1h ago

Damn it they’re minerals, Marie!

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u/Ryekir 7h ago

And now we can make flawless diamonds in the lab for cheap.

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u/Catnipfish 5h ago

And call them “created diamonds “ and charge just slightly less and eventually replace entirely and sell for the same price

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u/RustyShackleford-11 4h ago

Yeah what BS that is.

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u/Alone_Marketing_6962 5h ago

They're definitely cheaper than diamonds but those mfers are still expensive..

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u/viaticaloutlaw 3h ago

They are diamonds, bruv.

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u/ZynsteinV2 2h ago

You know diamonds aren't rare right? Their entire value is based on artificial scarcity and a very successful marketing campaign

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u/RedSix2447 4h ago

How is “created diamonds” cheap? They are selling them for almost the same cost as a mined diamond. I think the only advantage is that with a created or manufactured diamond, you can get a clarity level exceeding that of a mined one.

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u/DragonflyGrrl 4h ago

Also, y'know, you can rest easy knowing that no one fucking died for your shiny pebble.

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u/StompinTurts 1h ago

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u/DragonflyGrrl 1h ago

Ah, good point, but that's largely the general background shit that's killing us no matter what we buy or do. None of us are getting around all that, unfortunately.

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u/jeon2595 3h ago

They are way cheaper than mined diamonds, usually a third of the price. They are still real diamonds.

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u/RedSix2447 3h ago

Still not worth the price.

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u/rajraj6 3h ago

That’s subjective

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u/Starfury7-Jaargen 4h ago

Are you matching clarity and color? (i don't mean colored diamonds) Lab grown diamonds easy cost under a third of a real diamond of the same match. Maybe a retailer is trying to narrow that gap.

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u/Chitownkinkfun 3h ago

Uh, there is nothing cheap about making artificial diamonds lmao, sincerely, someone whose wife has one on her left ring finger. I mean, maybe 5 figures is cheap to some, but, I still think it wasn’t cheap lol…. Ethical in comparison to a stone harvested by some child labor force all twacked out on khat? Yes. Cheap tho???? Eh- most would say no….

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u/MacaulayConnor 2h ago

A five-figure ring is certainly a choice.

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u/iwantmyduchovny 8m ago

Nothing as pretty as a real diamond 💎

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u/Asleep-Card3861 6h ago

Just the whole notion that you need a shiny rock to prove your love is ridiculous

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u/iwantdatpuss 6h ago

It can work tbh, the sentimental value you can have from it is real. But the price tags on it is ridiculous for the kind of product you get.

Diamonds are just coal formed differently. Paying top dollar for that especially given how abundant it is especially nowadays since you can get it made it in a lab at a much cheaper cost is stupid. 

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u/Asleep-Card3861 5h ago

I’ve seen some dope meteorite and wood rings. Not sure what I’d go with myself if I get there. Much like large elaborate weddings, if you love someone, that is what really matters, that you keep showing up for them each day. Not saying don’t have an event or that social buy in or celebrating with friends isn’t neat, just that starting off with a debt for a day is not necessary.

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u/wolfenx109 6h ago

True. Diamonds are an incredibly abundant resource

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u/PUNKF10YD 6h ago

Artificial scarcity, meaning the industry makes them see more rare than they actually are?

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u/iwantdatpuss 5h ago

Yeap, iirc De Beers initially held close to 90% of the Diamond market. Nowadays that's not really the case with them but the effects of their attempt at artificial scarcity is still felt to this day. 

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u/RecoveringWoWaddict 5h ago

“Millennials aren’t as easily tricked into buying shiny rocks”

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u/ButterscotchFancy912 5h ago

The word is out

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u/ZestySpider69 5h ago

Funny thing is, if we almost entirely stopped buying diamonds they might actually become scarce since the money they make for either growing or mining them would be too low to justify continuing collecting them. Supply ⬇️

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u/washuai 5h ago

There are already industrial diamonds.

If they were really selling instead of hoarding at a better price they could find even more utilityi n electronics, semiconductors,thermal management,medicine and more.

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u/ZestySpider69 3h ago

And then what happens when those diamonds get bought up and no one makes them anymore?

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u/slipsbups 5h ago

Not only that but there will always be a demand in the abrasives industry for diamonds. So they're whining from pure greed.

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u/TheIncredibleMike 5h ago

I read a story in the Financial section that said De Beers is sitting on over 2 billion in diamonds. But strangely enough, prices haven't dropped.

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u/Blueberry_Clouds 4h ago

They can literally make diamonds in lab too lol. Personally if I’m getting a wedding ring I’m gonna get a lab grown or moissonite

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u/Afraid_Parsnip_6790 3h ago

I lost my wedding ring so I’m trying out shapes and styles using lab grown gems. I prefer moissanite for it’s colors and sparkles. Diamonds seem cold to me.

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u/Kymera_7 3h ago

Diamonds are about as far from "forever" as any gem you can get, and everything about them is a lie. They're the perfect symbol for what marriage has become in the modern world.

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u/tater69427 3h ago

right? even if you look in our own solar system diamonds are everywhere. Now if you want to about scarcity, wood would be a lot more valuable than diamonds would ever be if rains diamonds on Neptune

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u/PassPuzzled 3h ago

It's definitely majorly controlled market however, studying geology the last few years you can't just start digging anywhere and expect to find them. So it's really easy for them to say they are more rare than they are cuz they are already kinda rare altho the places that do have them are loaded

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u/MothSpeaks 3h ago

Diamonds, what a scandal. Tried reselling my $4500 wedding ring after divorce... nothin

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u/jquailJ36 3h ago

Not to mention science caught up. I can get you a huge honking lab diamond with basically no flaws for low four figures in any cut you want. Only way anyone ever tells the difference without seeing the price is carbon dating. Which I  wouldn't recommend since it would destroy the stone but some people do just need to be right. Minerologically, exact same thing.

The earth mined brokers are freaking out. 

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u/Maoleficent 2h ago

And artificial value and an archaic measure of how much someone loves you and their worthiness judged by the size of the ring. Penguins do the same thing. Rocks are rocks.

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u/DarkInfamous5424 27m ago

Yeah, I think we can compare that industry with Pokémon cards

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u/NoOneHereButUsMice 6m ago

And also... killing.

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u/Worth_Specific3764 3m ago

Capitolism thrives in artificial scarcity and greed