It is with great anticipation that I awaited the 3-part documentary 'Diamond Road' that's currently airing on the Discovery Times Channel. I thought this might be a good follow up to another documentary - 'Blood Diamonds' that aired on the History Channel. While the focus of the documentaries might be different, the core message is the same - The diamond industry has been taking us for a ride!
My article is titled 'A Solution To Conflict Diamonds' because it looks like the industry is about implode on itself. Two startups in America are launching an all-out assault on the cartels. Gemesis (Florida) and Apollo Diamond (Boston) are now manufacturing gem-quality synthetic diamonds, replicating in two weeks the 100 million years that nature needs to make diamonds from coal.
As it turns out, it is now getting close to impossible to find any discernible differences between synthetic and natural diamonds. The $7 billion industry has been shaken to its core with unfathomable implications - public perception will surely be affected. In my opinion it can only mean that diamonds will become more affordable as the two startups increase their yearly carat output. Hopefully this will make mining diamonds a worthless endeavour and put an end to the madness.
Diamonds have always been steeped in mystery purposefully in an industry that's increasingly heartless and indifferent - except to the end users of course, who have been duped into believing that a marriage cannot work without a diamond. Conflict diamonds have been sold to buy weapons for the mass slaughter of innocent victims while the diamond cartels like De Beers profit.