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From: John Sexton
Date: Fri Dec 15 07:04:06 2006
 
     
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was "Orchid member on TV news"

    I could not agree more about not taking this out on your local
    jeweler /diamond merchant. I also agree that the way De Beers and the
    Diamond Syndicate conduct business is a big part of the problem. It
    is also true that the diamond trade is not supply / demand based. In
    fact site holders are given a parcel and it is a take it or leave it
    proposition. If you leave it you will probably lose your site. All
    this is true but it is still a customer demand business. If no one
    wanted to buy diamonds there would be no one for the salesmen to sell
    to. It is as simple as that. The whole idea of "A Diamond is forever"
    and "Diamonds are a girls best friend" is a well ran all be it a very
    expensive marketing campaign. I wonder how many Diamonds De Beers
    could sell if the truth of the diamonds mystic was shown to be the
    colossal fraud that it is. Diamond is carbon based Carbon same as
    coal, graphite, or even charcoal, and most all life forms on this
    planet. With out carbon we would not exist therefore it must be
    plentiful. In GE's Labs they have made diamonds out of such things as
    peanut butter. When was the last time you paid $1,200.00 a carat for
    a second or third rate peanut butter, or charcoal. The only true
    value of a diamond is in its industrial applications. What can you do
    with say I 5 to 10 Carat Flawless diamond. Can you readily convert it
    to cash at full retail value? What happens to its' value if tomorrow
    the Diamond Syndicate and De Beers both fall and the Diamond goes to
    a true supply and demand base? As long as there is an artificial
    value placed on this mineral, and as long as a person can make money
    smuggling, stealing, or even legitimately selling this mineral the
    bloody and negative activities surrounding the acquisition of
    diamonds will continue. Maybe at 63 years of age I'm becoming the
    discontented personage that attached itself to the baby boomers. You
    know the "make love not war" types. The Lost Generation, I didn't
    belong to it then, in the 60's, I was off serving my country. But now
    the bug has bit. Just throwing out to see if anyone bites. To all of
    you depending on your faith. Merry Christmas, Happy Chanuka, a Joyous
    Kwanzaa or just have a Cool Joel. 

John (Jack) Sexton
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