[Jaysun]

I saw a program about the conflict diamonds on History channel. It showed that diamonds are not rare but how the Debeers Co held all of its ownership to raise the price.
Very interesting..

It is interesting. But I read somewhere that the inventory kept by DeBeers and others is much less than previously thought. And that the high cost of diamonds can mostly be attributed to the fact that they really are scarce and rare.

[Kiss Me Hardy]

Edward Jay Epstein wrote a great story on the dia,ond biz about 12 years ago in Atlantic. Couldn't find with a quick google, but more effort might produce a copy.