When will the diamond trade go the way of the fur trade--to a non significant trading item?

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ONEOFMANYBOB\'S
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Diamonds are the hardest substance , are not rare - they are stored and kept out of the market , the price is artificially high , and are not even that nice. Garnets and sapphires are nicer. So if more mines open , there will be a price reduction ? Or are these people to open their eyes and stop attributing much value to them ?
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