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The New Diamond Age
Two new diamond processes are coming out which threaten DeBeers stranglehold on the diamond market. Diamonds aren't rare, but supply is tightly controlled along with the large amount of marketing that has been done, diamond prices are artificially inflated. [
Previous blog on this topic]. While the eventual goal of the companys behind these processes is to make industrial products such as diamond wafers for chipmaking, they will finance themselves in the short term by selling diamonds to consumers.