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De Beers Records $189M First-Half Loss

https://nationaljeweler.com/articles/14147-de-beers-records-...
thirsty meetinghouse
  08/03/25
The diamond miner and marketer warned last week that it expe...
thirsty meetinghouse
  08/03/25
De Beers mined 10.2 million carats of diamonds in the first ...
thirsty meetinghouse
  08/03/25
With lab produced diamonds you can avoid crushing tariffs by...
Razzle-dazzle stubborn ladyboy
  08/03/25
Both lab diamonds and mined diamonds have to be cut and poli...
thirsty meetinghouse
  08/03/25
Most of that is already done in India and China. Sorry Shlom...
High-end lettuce
  08/09/25
More than half of millennial and Gen Z couples pick engageme...
thirsty meetinghouse
  08/03/25
"according to a report by McKinsey & Co., which als...
burgundy adventurous kitchen gaming laptop
  08/09/25
Have you ever met a hot girl who graduated from HBS?
thirsty meetinghouse
  08/09/25
Was walking on 47th between 5th and 6th the other day and le...
histrionic boltzmann
  08/03/25
NYC Diamond District – 9 Tips to Avoid Scams And Ripof...
thirsty meetinghouse
  08/03/25
9483773927
Hairraiser pearly laser beams
  08/03/25
Shorting SIG is easy money
poppy crackhouse prole
  08/03/25
SIG is likely to profit from selling lab grown diamonds. bad...
lemon concupiscible indian lodge messiness
  08/03/25
SIG makes its money from warranties that are tied to the pri...
poppy crackhouse prole
  08/09/25
You're retarded and don't know anything about the jewelry bu...
lemon concupiscible indian lodge messiness
  08/09/25
Lab grown diamonds are taking big market share from UMC type...
lemon concupiscible indian lodge messiness
  08/03/25
Everyone who's buying diamonds at all is buying LGDs, which ...
burgundy adventurous kitchen gaming laptop
  08/09/25
I could be wrong because i'm not really in true upper class ...
fiercely-loyal dashing brethren
  08/03/25
"I don't even see it in movies anymore where the guy wo...
thirsty meetinghouse
  08/03/25
We are all very impressed you can afford $120 for leggings.
seedy boiling water
  08/09/25
they're branching out into safaris ljl https://www.mervis...
adulterous arrogant public bath
  08/03/25
diamonds died out somewhere between late gen-x / early mille...
Razzle Slap-happy Newt Mental Disorder
  08/04/25
Iranian missile hit the Israel Diamond Exchange
thirsty meetinghouse
  08/04/25
Israel didn't dare complain about it either
High-end lettuce
  08/09/25
Glad we have this expert take from some fat retarded unemplo...
Rough-skinned abode
  08/09/25


Poast new message in this thread



Reply Favorite

Date: August 3rd, 2025 2:29 PM
Author: thirsty meetinghouse

https://nationaljeweler.com/articles/14147-de-beers-records-189m-first-half-loss

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49152982)



Reply Favorite

Date: August 3rd, 2025 2:29 PM
Author: thirsty meetinghouse

The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49152984)



Reply Favorite

Date: August 3rd, 2025 2:30 PM
Author: thirsty meetinghouse

De Beers mined 10.2 million carats of diamonds in the first half of 2025, a 23 percent drop from 13.3 million in the prior-year period that reflects the company’s deliberate pullback on mining in light of the decline in demand.

Production fell 26 percent in De Beers’ top-producing country, Botswana, while production was down 43 percent in Canada.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49152985)



Reply Favorite

Date: August 3rd, 2025 2:35 PM
Author: Razzle-dazzle stubborn ladyboy

With lab produced diamonds you can avoid crushing tariffs by literally making your diamonds in America

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153000)



Reply Favorite

Date: August 3rd, 2025 2:38 PM
Author: thirsty meetinghouse

Both lab diamonds and mined diamonds have to be cut and polished.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153008)



Reply Favorite

Date: August 9th, 2025 3:48 PM
Author: High-end lettuce

Most of that is already done in India and China. Sorry Shlomo

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49170098)



Reply Favorite

Date: August 3rd, 2025 2:42 PM
Author: thirsty meetinghouse

More than half of millennial and Gen Z couples pick engagement rings with a lab-grown diamond—and it means larger stones aren’t the status symbol they used to be

https://fortune.com/2025/03/11/lab-grown-diamonds-vs-natural-gems-engagement-rings-stones-carats-prices/

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153026)



Reply Favorite

Date: August 9th, 2025 3:51 PM
Author: burgundy adventurous kitchen gaming laptop

"according to a report by McKinsey & Co., which also called lab-grown diamonds 'likely the biggest challenge facing diamond producers today.'"

Thanks, McKinsey. Hope one of the hot-girl HBS grads in between maternity leaves got to write that one.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49170110)



Reply Favorite

Date: August 9th, 2025 4:23 PM
Author: thirsty meetinghouse

Have you ever met a hot girl who graduated from HBS?

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49170209)



Reply Favorite

Date: August 3rd, 2025 2:46 PM
Author: histrionic boltzmann

Was walking on 47th between 5th and 6th the other day and let me tell you something, it was not a pretty site.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153043)



Reply Favorite

Date: August 3rd, 2025 3:01 PM
Author: thirsty meetinghouse

NYC Diamond District – 9 Tips to Avoid Scams And Ripoffs

You can find the Diamond District in NY along West 47th Street in between the 5th and 6th Avenue

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153074)



Reply Favorite

Date: August 3rd, 2025 3:03 PM
Author: Hairraiser pearly laser beams

9483773927

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153078)



Reply Favorite

Date: August 3rd, 2025 4:02 PM
Author: poppy crackhouse prole

Shorting SIG is easy money

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153261)



Reply Favorite

Date: August 3rd, 2025 8:30 PM
Author: lemon concupiscible indian lodge messiness

SIG is likely to profit from selling lab grown diamonds. bad idea.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153813)



Reply Favorite

Date: August 9th, 2025 3:32 PM
Author: poppy crackhouse prole

SIG makes its money from warranties that are tied to the price of the item. LCDs are deflationary. HTH

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49170052)



Reply Favorite

Date: August 9th, 2025 3:46 PM
Author: lemon concupiscible indian lodge messiness

You're retarded and don't know anything about the jewelry business.

They make 10% of their revenue from warranty sales. The other 90% (over $6B annually) comes from new jewelry sale. They are not like Best Buy, which makes 50% of its profit from warranties dumbasses buy. (Margins on ready to wear jewelry are way higher than on consumer electronics, and fewer people buy warranties since they also may have insurance and jewelry can be repaired by indecent shops too (unlike a Vizio tv or Sony receiver).



(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49170092)



Reply Favorite

Date: August 3rd, 2025 8:31 PM
Author: lemon concupiscible indian lodge messiness

Lab grown diamonds are taking big market share from UMC types. Upper class is still buying diamonds, and there is renewed interest in the vintage market due to craftsmanship and more nouveau riche trying to look old money. At least in NYC and its suburbs.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153814)



Reply Favorite

Date: August 9th, 2025 3:58 PM
Author: burgundy adventurous kitchen gaming laptop

Everyone who's buying diamonds at all is buying LGDs, which are superior in every way applying the objective grading criteria that have been used to measure diamond quality for literally centuries.

I've been sticking to precious metals and pearls for my wife for a decade now. The diamond tennis bracelets and whatnot that my dad used to buy my mom every year growing up have been barely holding their value, even according to the insurance-sponsored auto-appraisals that have every incentive to apply a flat annual increase.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49170134)



Reply Favorite

Date: August 3rd, 2025 8:54 PM
Author: fiercely-loyal dashing brethren

I could be wrong because i'm not really in true upper class circles, but in UMC circles, diamonds aren't really a status symbol anymore.

Women care about how many carats there engagement rings are.

Other than that, I don't think women now care about another womans diamond earings or whatever. It seems way below handbags, shoes, even athleisure like Lululemon is more of a status symbol than dimaonds.

I don't even see it in movies anymore where the guy wows the girl with a diamond bracelet. Now the guy in a movie would surprise her with 2 first class tickets to Thailand.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49153862)



Reply Favorite

Date: August 3rd, 2025 11:06 PM
Author: thirsty meetinghouse

"I don't even see it in movies anymore where the guy wows the girl with a diamond bracelet. Now the guy in a movie would surprise her with 2 first class tickets to Thailand."

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49154111)



Reply Favorite

Date: August 9th, 2025 4:28 PM
Author: seedy boiling water

We are all very impressed you can afford $120 for leggings.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49170219)



Reply Favorite

Date: August 3rd, 2025 11:07 PM
Author: adulterous arrogant public bath

they're branching out into safaris ljl

https://www.mervisdiamond.com/pages/safari

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49154120)



Reply Favorite

Date: August 4th, 2025 12:06 AM
Author: Razzle Slap-happy Newt Mental Disorder

diamonds died out somewhere between late gen-x / early millenials. everyone after that didn't have the money + the lab alternatives started to take hold. i don't see that mining industry and the (((middlemen))) who move it lasting more than another 50yrs, tops.

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49154218)



Reply Favorite

Date: August 4th, 2025 12:17 AM
Author: thirsty meetinghouse

Iranian missile hit the Israel Diamond Exchange

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49154224)



Reply Favorite

Date: August 9th, 2025 3:49 PM
Author: High-end lettuce

Israel didn't dare complain about it either

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49170102)



Reply Favorite

Date: August 9th, 2025 4:26 PM
Author: Rough-skinned abode

Glad we have this expert take from some fat retarded unemployed kike that does data compliance

(http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2).#49170213)