Not sure if this has been posted before but it may be useful to those who are interested
http://www.theatlantic.com/doc/198202/diamond
Serious Diamonds are forever, The most romantic stones
Serious Diamonds are forever, The most romantic stones
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Apr 24 2009, 07:36 PM
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Not sure if this has been posted before but it may be useful to those who are interested
http://www.theatlantic.com/doc/198202/diamond |
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Apr 24 2009, 07:49 PM
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Oh yes? Would you like me to quote and highlight other interesting points from that seven page article?
I'll make it clear right now though. I'm not arguing about what's "right" or "wrong". Merely bringing up something that others may find interesting to know. How they interpret it, is up to them. This post has been edited by Dickson Poon: Apr 24 2009, 07:50 PM |
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Apr 25 2009, 08:00 PM
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#3
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QUOTE(moorish @ Apr 24 2009, 07:40 PM) About the control of price in fact most commodity are being manipulated somewhat, oil, gold, silver, bean... The difference between those commodities you listed and diamonds is that those commodities have real and useful economic lives. Their prices are also governed by exchanges and markets. You sell for the price that people are willing to buy.Imagine all the world reserved of gold being dump into the market, gold prices will drop too. No such exchange or market exists for diamonds. Has anybody here tried to sell a diamond? You cannot even get wholesale prices for them, because they are simply not worth that much. The diamond industry is essentially a large cartel dedicated to propping up the perceived value of an otherwise useless item. Has anybody even seen the diamonds being sold in retail outlets nowadays? They're so frickin TINY, your eyes would be hard pressed to pick them out. Added on April 25, 2009, 8:07 pm QUOTE(moorish @ Apr 24 2009, 07:53 PM) gosh I've just finish reading your long story, and this report was dated 1980s Yes, this article is the original written in 1982. The article traces the history of the diamond ring from the late 1800's... but the history of the diamond trade goes back longer before that. I'll try to find a few links.In addition since 1982, there have been NEW developments regarding the diamond trade. These events occurred within living memory. Chances are, those of you reading this thread would have been in school, or in college, or at work when you first heard about the horrifying civil wars in Sierra Leone and Liberia. Has Mobutu Sese Seko been forgotten already? The film "Blood Diamond" has actually skirted around the more hideous truths of the diamond trade and stopped short of naming the true perpetrators of a human rights violation that beggars imagination. I shall also look for the links. I may also post certain pictures here. I found that pictures and news articles of people having their arms, legs and breasts cut off, gang rape and murder, the usage of child soldiers drugged up on hard narcotics, all committed by militias and warlord forces funded by the diamond trade, has put a damper on my enthusiasm for diamonds. This post has been edited by Dickson Poon: Apr 25 2009, 08:07 PM |
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Apr 27 2009, 06:44 PM
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Lol Moorish and the other pro-diamond ppl here. Why are you avoiding the issue and silverhawk's questions?
Do you think that if you accuse him of being a troll and vigorously re-affirm your DeBeers sales points people will fall in line to listen to you like sheeple? Maybe that will work... on people with no brains. QUOTE he can talk what he wants, me no more wasting my energy answering him, just a troll and I wonder why MOD allowing him to blabber with no logic. anyway he is the first person who made it to my ignore list. My dear, it is YOU who is unacquianted with logic and the process of informed, educational debate. It is of course easier to ignore Silverhawk than to answer the questions he posed to you. The only thing you know about diamonds is what you have been spoonfed to believe. That, and the fact that by selling diamonds you can get rich. Added on April 27, 2009, 6:51 pm QUOTE(Bishop @ Apr 27 2009, 06:06 PM) There is no misconception about it. Diamonds are pretty and nice, I think *I/my GF/mother/bf/etc* would like one, so i buy it. Those buggers at DeBeers say it is bloody expensive, but I have the money to get one so I buy it. There is no misconception about it. Demand and Supply. Diamonds, unlike gold and oil, have no real economic usage, and its price is kept afloat by perceived value alone.It is this over-inflated perceived value, and it's association with perceived prestige, along with the monopoly on the supply and demand exacted by DeBeers, which has financed dictators and human rights violators such as Mobutu Sese Seko, Charles Taylor and Foday Sankoh. The artificially high prices of diamonds has financed civil wars in Angola and the Congo for decades and armed militias who practise the recruitment of child soldiers and drug them up with hard narcotics to serve as cannon fodder. The next time you buy a diamond, think very, VERY carefully where your money goes. Who does it ultimately profit? Just like I encourage you to do so when you buy furniture made from rare hardwood timbers. This post has been edited by Dickson Poon: Apr 27 2009, 07:00 PM |
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Apr 28 2009, 02:14 AM
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QUOTE(Bishop @ Apr 27 2009, 08:41 PM) Yes that is true. But why are you comparing diamonds with gold and oil? Why not compare it to art or watches. Then you are comparing apples with apples. I dont think moorish or anyone here have implied that diamonds have any economical usage. It is an ornament. And THAT IS IT. You can resell it if the need arise but other than that it is just a shiny piece of stone. I'm comparing diamonds with gold and oil because Moorish made that comparison earlier. When you brought up "supply and demand" I assumed you also believed that diamonds are governed by the same market forces that govern gold prices, oil, or even the stock exchange.Yes its price have been severely over inflated, but then there are people paying US57 milion for an eight cm tall limestone sclupture - The Guennol Lioness. What do you call that? THese are prices that so called valuers give to something seemingly useless stone that have no value except percieve value. How about paying US140million for Pollock art? Which i might add has no artistic value except the concept of kinetic art. It takes no artistic talent to create that piece of work. Just"drips" or "splatter" of paint on a canvas. I think this would be a better comparison. Ornament to ornament. As your arguement on diamonds financing wars, I can assure you oil have push more countries to war than diamonds. Think of how many wars have started because of that? perhaps you should think of that when you pump petrol? Supply and Demand. Anything of financial value is being played by someone in power- think crude oil, gold, stock markets, etc. Diamonds are no different. My assertion is that diamonds are NOT the same with gold and oil because diamonds do not have a useful economic life by comparison, and it's prices are not governed by the same markets and legislated means of exchanges that commodities are. You know this. Diamonds versus watches and art is a better comparison, but for one thing. Artists and watchmakers are not as horribly exploited as the miners and people in diamond producing African countries, who have to live under dictatorships financed by the diamond industry, and work hazardous duty in mines owned by the diamond cartel, often as slaves, and with slave earnings. The majority of them do not live and work under conditions of extreme poverty, brutality and social collapse that diamond workers in Africa do. But I guess that because according to you, oil causes warfare too (care to give examples? We can compare notes. I know a bit of oil history), and "Anything of financial value is being played by someone in power- think crude oil, gold, stock markets, etc.", that makes it okay. Added on April 28, 2009, 2:15 am QUOTE(wlcling @ Apr 27 2009, 11:36 PM) diamonds worth investing? yes, if it makes your significant other happy then it is priceless. other than that it is an over-rated, over-priced stone. now can we switch topics please? So if your significant other needs to sodomize you vigorously with a spiked strap-on to be happy, then that is priceless too?Nice investment standards you have there buddy. Added on April 28, 2009, 2:23 am QUOTE(dafreak @ Apr 27 2009, 09:26 PM) how are man-made diamonds different from natural occuring ones? Interesting. Can we get a definitive answer for this too?they are still carbon with the same crystalline structure so the refraction index will be the same thus cuts that are available for natural ones will be available for man-made ones as well This post has been edited by Dickson Poon: Apr 28 2009, 02:26 AM |
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Apr 28 2009, 02:26 PM
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QUOTE(Bishop @ Apr 28 2009, 09:50 AM) The recent Iraq war was oil motivated. or do you believe the bullshit about freedom and human rights? Yes, the Iraq war was motivated by oil and several other unsaid agendas. Yes, America spat forth a torrent of bullshit about "preserving freedom" and "human rights" (but shut up about the latter when we found out they were committing torture, massacre and punitive rape on men and women)."Anything of financial value is being played by someone in power- think crude oil, gold, stock markets, etc.", that makes it okay. Note I didnt say it was ok, I just made a neutral statement that is all. That is the way our world works. You can accept it or deny it. As you can see the ugly reality does not match the fabricated lie. Diamonds would be a analogy for this also. It's fabricated lies of being worth the money you pay for it for sentimental reasons of "romance" and "special" finances the cutting off of breasts in Africa YES, the CUTTING OFF OF BREASTS IN AFRICA, the very same thing that you girls watch on Oprah and then CRY about and the conscription of entire villages to work as slaves in diamond mines in Myanmar. QUOTE Been there done that, it was a priceless experience, although i wouldnt repeat it again anytime soon... You've been sodomised with a spiked strap-on too, for real? Well my "buddy", you obviously have not made your significant one happy before... I was just being sarcastic when I feted wlcling. I think that some experiences are not worth the price. QUOTE I think only 2 people benci diamond la (period), I don't hate diamonds. I hate dirty lies. QUOTE but this is good also, after reading all his excuses this makes me cherish my husband so much, instead of complaining he buys me diamond and surprises me, thank God I didnt get a husband when I say I love diamond and he'll come out with statistic and chart and start convincing me diamond is no good la, over price la...what a turn off it would be. LOL!!! Your husband really loves you. You should be loyal to him. A man who does not love or appreciate you that much might ask you to grow up or worse, grow a brain, and that would be horrible. This post has been edited by Dickson Poon: Apr 28 2009, 02:37 PM |
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Apr 28 2009, 03:35 PM
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QUOTE(moorish @ Apr 28 2009, 03:06 PM) yea yea...whine all you want Lalala syndrome, anyone? QUOTE My wife doesn't need diamonds to look pretty and feel loved.You also have no idea how much walking I do. |
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Apr 28 2009, 03:45 PM
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QUOTE(moorish @ Apr 28 2009, 03:42 PM) Saved for posterity. This comeback of yours is priceless.You really don't know what's going on, do you? You must have had some real trouble following the debate and dealing with all the issues, points and nuances raised. I almost pity you. Except that BREASTS WERE SLICED OFF IN AFRICA must... calm down... before....!!! SMASH TABLE IN TWO!!!!!! This post has been edited by Dickson Poon: Apr 28 2009, 03:47 PM |
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Apr 28 2009, 04:00 PM
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QUOTE(moorish @ Apr 28 2009, 03:55 PM) Ok ok, no need to force the point. You and Bishop do not care.See, that's very easy to say isn't it? Just say that you do not care that breasts were cut off in Africa. You just want to preserve your feelings of "pretty", "special" and "romance". No need to go the round about way and bring up oil, Iraq or Palestine. Come on. Just say it, the both of you. Trust me, it's liberating. |
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Apr 28 2009, 04:05 PM
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QUOTE(moorish @ Apr 28 2009, 04:02 PM) So, you are saying that I am hypocrite because I use petrol?That's what you and Bishop are trying to say, aren't you? You're both truly geniuses. Added on April 28, 2009, 4:10 pm^ I'm waiting to see how Moorish and Bishop answers this. Go ahead, guys. Dig a deeper hole for yourselves. This post has been edited by Dickson Poon: Apr 28 2009, 04:10 PM |
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Apr 28 2009, 04:23 PM
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QUOTE(moorish @ Apr 28 2009, 04:20 PM) I dun need to answer anything as I'm not trying to convince you...I think it is you whining in here and hoping to convince us. Oh but I thought this thread was to EDUCATE people about diamonds.We come from 2 different world, if you dun like diamond then GTFO from here. I didn't know that this thread was only for people who like diamonds. You see? This is the root of all our misunderstanding here. |
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Apr 28 2009, 04:33 PM
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QUOTE(wlcling @ Apr 28 2009, 04:31 PM) sad to say, this topic is no longer Cupid corner material. Sorry that some people deviate from that. You sure about that? Isn't that what Moorish said? That diamonds are a good investment?Moorish, its a losing war. This thread surely wasn't created to delve into diamonds as an investment yah? Let's concentrate on helping the lost souls find their perfect stone for whatever reason they choose to. Peace out everyone! Want me to find the post where she said that? |
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Apr 28 2009, 04:38 PM
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QUOTE(moorish @ Apr 28 2009, 04:33 PM) Well I did complaint to MOD but nothing seem to be done, instead of a thread to help, we have some trouble maker who comes here with no other intention but create trouble. Hmm, you can't refute or answer the questions and points raised - such as the ones that Silverhawk VERY CIVILLY asked - so you resort to labelling the dissenting point of view as trolls and "troublemakers".Moorish you are indeed a sophisticated woman, every bit as deserving of the diamonds you proudly wear. This post has been edited by Dickson Poon: Apr 28 2009, 04:39 PM |
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Apr 28 2009, 04:46 PM
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QUOTE(wlcling @ Apr 28 2009, 04:41 PM) it's ok, i saw that What other thread "last time" are you talking about? No, seriously. Is this some case of mistaken identity here? well, after all, i did have a 'debate' with you once on another thread last time also arguing about diamonds being a bad investment (if thinking that buying, holding, and selling was a good idea) nothing personal, we are all just sharing our thoughts here. We do like intellectual m*sturb*ti*n sometimes. You sir, do not sound like an investor. All view points in discussions of the matter must sound the same to you, so your wilful ignorance is understandable. |
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Apr 28 2009, 05:04 PM
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Oh my screaming monkey god!! That whole wikipedia article is so full of un-referenced points.
Where are its sources??? |
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Apr 28 2009, 08:02 PM
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QUOTE(Bishop @ Apr 28 2009, 06:00 PM) Silverhawk, there is no point continuing to flame moorish. She has a very simplistic view of investment. She is not a sophiscated investor. She like many out there views investment as something that apprciate in price through time. Just like how everyone thinks that buying a house is investment without taking into account the cost of interest, maintainence, inflation, taxes, etc (YES, many of you out there buying houses as an investment is actually buying a liability So to her something that she bought a long time ago, now cost more means she make money, means good. Hence her views on diamonds as a good investment. It is just a matter of preference. Some ppl buy art as an investment, others collect comics/coins/stamps as investment. Wow Bishop, how far will you bend over to justify and defend Moorish's ignorant talk? That IS what you're saying, isn't it? That she doesn't know what she's talking about? That although it doesn't make much sense and cannot be called an investment by ANY real standard, to her "simple" ways of thinking it does, and thus she can make that misrepresentation without being called out on it? And oh my gosh, look, Silverhawk is trying to FORCE his views down her throat? QUOTE No point you trying to force your views down her throat. Last I looked, only WORMS twisted and turned themselves around like that.The fact remains that diamond do appreciate in price(regardless of who is controlling/playing the market) makes it an investment. Not a good one. Nor a very profitable one, but a form of investment nonetheless. |
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Apr 29 2009, 02:35 PM
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QUOTE(Bishop @ Apr 29 2009, 01:32 PM) Such a waste. I was starting to like this thread. Do you think I live on forums or something, or that this debate is even remotely important enough for me to check on often?(what ever happend to Mr D1ck and his breast cutting thingy?) Btw, you sir, need to call me MISTER Poon. |
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Apr 29 2009, 03:56 PM
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QUOTE(silverhawk @ Apr 29 2009, 03:00 PM) Added on April 29, 2009, 4:22 pm QUOTE(Bishop @ Apr 28 2009, 05:35 PM) My dear "buddy", at which point did I say that I didnt care? You are not putting forth a neutral viewpoint. You are speaking from a position of MORAL PUSILLANIMITY.Then again I never said that I do. I merely highlighted the point that there are many other unscruplous business and trades out there. Not just the diamond trade which you take so personally. Like I mentioned in an earlier post, it is a sad predicament of what is happening in the diamond trade. But that is not the only trade that has cause war and abused human rights. What about all the sweat shops in indochina? You going to stop wearing clothes? You are just making a very personal view on the matter. Think about it. You talk about De Beers financing the slave trade in Africa. Well they merely pay for services provided. -They want diamonds. -Some ppl can get it for them. -They pay. In what circumstances these ppl choose to produce that diamond, I dont think that the ppl at De Beers really care. They just want the diamonds. Simply supply and demand. So if you think about it, De Beers only want the diamonds. It is the ppl in Africa that CHOOSES to kill/rape/enslave their OWN ppl for money. So my dear "buddy", who is at wrong here? De Beers for willing to pay a lot of money for something seemingly worthless? or the warlords in Africa killing and enslaving their OWN ppl to get money? So who is actually really cutting off the breast of Africa? So you are the ppl who feel the need to impose their views on to other ppl. Take a neutral view and see who is really doing all the butchering? When you buy goods from people who play their trade through horrifying means of human exploitation and terrorism, what you are doing is FINANCING the same activities. All of this just so you can give your girlfriend or wife feelings of "romance", "special" and "pretty"? How f***ing ridiculous. You sir, are a truly disgusting person. This post has been edited by Dickson Poon: Apr 29 2009, 04:25 PM |
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