Diamond Dealers And Their History

One of the great treasures of the world has always been the diamond

. Along with gold and all of the other precious metals and gems, diamonds have long been regarded as very valuable and expensive when it comes to seeking to purchase one. The high price of the diamond has basically been constant, and this may lead one to believe that this is because of the low supply in comparison to the high demand for diamonds. However, you would be somewhat mistaken as diamonds have become much more available recent generations, yet the price has still remained constant throughout this whole time. This is because of a clever ploy that was used by the diamond companies when new and large diamond mines started to sprout all over the world, increasing the availability of the diamond very much.

When this availability of the diamond expanded so much, many of the diamond corporations around the world were concerned that they would lose a lot of business and possibly go bankrupt. There was a great meeting amongst all of these companies, and it was decided that at a large conglomerate would be formed in order to retain the high value of the diamond on the market. The plan worked, and so now, even today, diamonds are very valuable and expensive to purchase. The plan was so powerful and impressive that even the Great Depression of the 1920s was unable to significantly dent the value of the diamond. On top of this move to form all of the diamond corporations together, there was a large advertising campaign that reinforced the already existing symbolism of the diamond with love and eternity, as diamonds are extremely dense and durable gems that will practically never fade away or fall apart.

Because of the actions taken by all of the diamond corporations across the world, the diamond is a very important economical industry, and the diamond industry funds many important facilities across the world, particularly in Africa. The diamond industry provides the economy needed for much of the basic human amenities for these people, and their diamond mines, in some senses, keep them educated and well fed. Unfortunately a lot of this money is spent on more insidious things by certain corrupt officials that have access to the funds provided by the diamond mines, but this is an issue of the governments of these countries and not that of the diamond industry itself.

Whether you're looking for a true diamond or a cubic zirconia, it is vital that you find a dealer that, firstly, has a good selection of products so that you can choose the perfect diamond for yourself, and secondly gets it diamonds from bloodless diamond mines so that you are not helping the corruption that occurs in many of the countries that provide the diamonds that you and the people you live with wear.

by: Elizabeth Walpole

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