"Diamonds Are Forever" Slogan
Diamonds became the de facto obligatory stone for engagement rings in the early 20th century when DeBeers, the South African mining giant, coined a brilliant slogan for its advertisements, a slogan that branded diamonds as the sign of love forever.What was the DeBeers' slogan?
"Diamonds Are Forever!"
Of course not. At best, your diamonds are until you die. At worst, your diamonds are until they get lost, stolen or sold after divorce. DeBeers' slogan is just a crafty marketing ploy to grab your money.
Also, why are diamonds - little stones - so expensive? Are they really that rare?
The answer is again, no. Diamonds are actually not nearly as rare as people believe them to be, and diamond deposits around the world are plentiful. The problem is, we can't get to those deposits.
Why not?
It's because the large diamond companies that own them and dominate the world's diamond trade "protect" those deposits (see how diamonds are mined) to restrict the global supply of available diamonds so that their prices and profits remain inflated.