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How a cartel tricked the world into believing clear carbon rocks are rare and valuable.
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--- FOOTAGE CREDITS (Educational Fair Use) ---
β€’ Footage courtesy: YouTube Creator β€” https://www.youtube.com/watch?v=gSr5Xz6gAfw
Transcript
00:00De Beers historically held vast diamond stockpiles to regulate supply and support market prices.
00:06Billions of people spend months of salary buying carbon rocks because society treats them as ultra-rare treasures.
00:13Common sense says natural scarcity dictates market pricing, but the exact opposite drives this entire trillion-dollar industry.
00:21De Beers consolidated global production, stockpiled stones, and partnered with N.W. Ayer to popularize diamond engagement rings.
00:30They historically manage supply by stockpiling rough diamonds in high-security vaults to control market prices.
00:36Any age, any background, same opportunity, sell, earn, repeat.
00:42Join our marketing team.

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