Understanding the Diamond Myth Diamonds. The mere mention of the word evokes thoughts of luxury, wealth, and rarity. We’re taught to believe that diamonds are rare, precious stones—so rare that they hold an almost mystical value. But what if I told you that mined diamonds aren’t nearly as rare as we’ve been led to believe? In fact, the entire diamond industry has carefully crafted a narrative around diamond scarcity to maintain high prices. It’s time to bust this myth wide open and explore why mined diamonds are not rare as…
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