(synthetic diamond jewelry)
No secret mined diamond dirty tricks and scams: All mined diamonds have flaws, birthmarks, and vary in quality. (synthetic diamond jewelry) These realities are a breeding ground for a buffet mined diamond fraud that victimizes and robs consumers. (synthetic diamond jewelry) From grade bumping to laser drilling to fracture filling, the mined diamond industry is awash in unscrupulous business practices. Lab-created diamonds are uniform, flawless, and priced low so frauds simply do not exist. (synthetic diamond jewelry)
No supporting the diamond cartel: It all starts at the top with the De Beers diamond cartel, which would run afoul of federal anti-trust laws if headquartered in the united states. (synthetic diamond jewelry) Diamonds are in fact cheap to produce and would be lower in price if it weren’t for the global cartel. Its aim is to maintain a strong monopoly position, an objective which it has successfully achieved for decades. (synthetic diamond jewelry) In controlling the mined diamond market, De Beers has exploited a relatively simple idea: put a stranglehold on production, hold inventory, and limit distribution, thereby keeping prices stratospheric, and making diamond alternative engagement rings a popular choice. (synthetic diamond jewelry) What makes De Beers so special is its execution. Over the past 60 years the cartel has done for mined diamonds something that eluded the oil producers of OPEC and even the cocaine barons of the Medellin cartel. (synthetic diamond jewelry) De Beers has the muscle and the nerve to impose its own order on the market and has built a dominate juggernaut syndicate. (synthetic diamond jewelry)
No “slave” or child labor used: Diamond mining operations are rife with horrific conditions and have a long history of dehumanizing humiliating practices. (synthetic diamond jewelry) Debt slavery and child labor is common in diamond cutting operations in India, where much of the world’s diamonds are cut and polished. (synthetic diamond jewelry)
No conflict stones: It is no secret that from the beginning of the modern mined diamond industry in the 1800s through today that mined diamonds are used to support regional wars, help fund murder on a grand scale, and contribute to genocide. (synthetic diamond jewelry) Imitation diamonds are created in a lab by technicians at a reasonably low cost and, therefore, cannot possibly be used as a currency for human misery. (synthetic diamond jewelry)
Prestige: While there is no prestige in overpaying, there is tremendous prestige in enhancing your existing wardrobe with beautiful man made diamonds on a budget. (synthetic diamond jewelry) You can accessorize and glamorize till your heart’s content, with a smile on your face , showing you are a person of stature at any occasion or event. (synthetic diamond jewelry)
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