A very interesting and controversial issue facing the jewelry industry is the topic of synthetic (man-made) diamonds vs. natural (mined from the ground) diamonds. It is a well-known fact that existing diamond mines will not be able to produce enough diamonds to keep up with the world-wide demand for diamonds, after 2018. Diamond mines are churning diamonds at an estimated average annual growth rate of 4.8%. Come 2018 these diamond mines will see a decline of an estimated 1.9%, as diamonds are getting technically harder to find and extract. With the emergence of the middle-class economy in China and India, the demand for owning a diamond engagement ring and diamond jewelry, continues to soar. Until 20 years ago, owning a ...
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