Earlier quoted context omitted.
Guys, buying diamonds, can complain all day about what a rip off it is (it is). But if you apprise your fiancé of the alternatives / opp costs (moissanite, man made, second hand, etc) and she still wants a new diamond, just get her a new diamond. It will make her happy for years. My wife had her heart set on a pink diamond, so that’s what I got her. I made it clear though that if I got this, she is not getting a new…
Happy wife, happy life.
The diamond world takes radical steps to stop a pricing plunge
91–100 of 619 posts
Re: The diamond world takes radical steps to stop a pricing plunge
#92Has anyone ever tried to sell an engagement or wedding ring with diamonds? You get cents on the dollar. Even or I should say especially brand names like Tiffany. The whole thing is a scam from start to finish and I wish I could go back in time and avoid the entire thing.
> Has anyone ever tried to sell an engagement or wedding ring with diamonds? You get cents on the dollar. Does that mean you can buy one second-hand at a low price, and avoid the inflated market entirely?
Re: The diamond world takes radical steps to stop a pricing plunge
#93Earlier quoted context omitted.
Gold jewelry is very easily an investment. The artisan work on them only increases the cost by 10-15% on the underlying value of the gold (at least in India).
Gold, just gold, is an investment simply because people value it - it's a shiny noble metal that stays "pure", ergo percieved value. From a resource utility PoV it costs more to source than copper or aluminium which are nearly as conductive - so they win out for electronic and power transmision applications. There are applications where gold is the clear winner - "forever" circuits and switches that are worth the ext…
Re: The diamond world takes radical steps to stop a pricing plunge
#94Earlier quoted context omitted.
Depends what culture you’re in. Work gold jewelry gives you a lot of social cache in India so it is worn all the time. Additionally it’s used as a mode to transfer wealth across generations with jewelry giving mandated in the cultural milieu.
That's pretty much the point I made, if you're part of a culture that values gold then gold has percieved value .. otherwise it's not especially useful (in that other elements have similar properties and are cheaper to bulk source, with few applications that benefit uniquely from gold). 'Useful' being the pragmatic sense, food, shelter, clothing are neccesary, concrete and steel are useful, copper is useful, gold is…
Re: The diamond world takes radical steps to stop a pricing plunge
#95Earlier quoted context omitted.
Guys, buying diamonds, can complain all day about what a rip off it is (it is). But if you apprise your fiancé of the alternatives / opp costs (moissanite, man made, second hand, etc) and she still wants a new diamond, just get her a new diamond. It will make her happy for years. My wife had her heart set on a pink diamond, so that’s what I got her. I made it clear though that if I got this, she is not getting a new…
I tend to agree. This falls in the same realm as a fancy wedding versus a trip to a courthouse to get married. Some couples are fine with going to a courthouse, others will never accept it even if they have to borrow to accomplish it. When it comes to big weddings there is no such thing as a smart expense. Most couples would be better off by going to a judge to get married but that just can't be accepted by many. Dia…
Re: The diamond world takes radical steps to stop a pricing plunge
#96Earlier quoted context omitted.
I haven't been able to access archive.today in a good long while. Cloudflare's challenge page lets me solve a captcha, but doesn't actually remember that I've solved it. So I'm in an endless loop of challenge pages. If you're wondering, I'm on Firefox connected thru Google Fiber. I've tried disabling Enhanced Tracking Protection, but all that does is make it so I don't have to solve a captcha. I still get the endless…
This happens if you use 1.1.1.1 as your DNS resolver, the result of a long-running dispute between Cloudflare and Archive.is[1]; searching HN for “archive cloudflare” will get you lots of discussion. As I understand it: the technical cause is that the Archive.is authoritative DNS server refuses to respond correctly to requests without EDNS subnet information, and Cloudflare’s resolver refuses to send requests with it…
Re: The diamond world takes radical steps to stop a pricing plunge
#97Earlier quoted context omitted.
Guys, buying diamonds, can complain all day about what a rip off it is (it is). But if you apprise your fiancé of the alternatives / opp costs (moissanite, man made, second hand, etc) and she still wants a new diamond, just get her a new diamond. It will make her happy for years. My wife had her heart set on a pink diamond, so that’s what I got her. I made it clear though that if I got this, she is not getting a new…
Happy wife, happy life.
Re: The diamond world takes radical steps to stop a pricing plunge
#98Earlier quoted context omitted.
Wedding bands have some utility though as if you get a gold one, you’re always carrying a small amount of gold to barter with.
I feel like if you're in a situation where you're reduced to bartering with someone with your gold wedding ring, chances are reasonably high that you're also in a situation where you don't get a say in whether they take your gold wedding ring.