All about lab diamonds; How synthetic, man made diamonds are formed; The future of diamond mining
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- Опубликовано: 16 фев 2024
- In recent years there has been a revolutionary transformation that is crushing the diamond trade, turning it upside down and putting jewelers out of business, punishing diamond miners and confusing jewelry buyers. The threat is from synthetic or lab grown diamonds that are taking over for the natural stones and flooding the market. If you are in the market for diamonds, part of the industry or just curious, this video is for you.
The truth is that we have only seen the tip of the iceberg - a tsunami of lab diamonds is coming and it will change the jewelry industry forever. Margins will go down and competition will go up and all diamonds, both natural and man made will be cheaper in the future. Some diamond mines will have to close.
Because laboratory-grown diamonds have the same chemical, optical, and physical characteristics of their natural counterparts, telling them apart is not easy. It can be done - but it takes special equipment and that equipment is expensive. No one can just look at a stone with a loupe and know if its natural or man-made. This has opened up the jewelry industry to an unexpected liability and problems with claims arising from the difficulty of separating natural and laboratory-grown diamonds.
For those who want to learn more about prospecting and finding gold check out my book, Fists full of Gold. It’s an encyclopedia of everything on the topic of prospecting. It’s available on Amazon. You can find it at (affiliate):
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For even more information on prospecting, minerals, gems and other related information you can also check out my website at:
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Хобби
Wow! Well honestly who can afford a natural diamond VS the lab grown ones. Especially when people can barely afford food these days. My wedding ring is tungsten because I have a job that would kill a stone but we could never afford stones anyway
Glad you enjoyed the video.
Thanks
No problem. Glad you liked the video.
Cool !!!!
Thanks! Stay dry - the big storm is coming!
@@ChrisRalph I'll try to
Good luck and good opportunity ❤
Thanks. I'm glad you enjoyed the video.
Have you done videos on finding natural diamonds, as you have done for gold? I'm heading towards volcanic islands in the Pacific this year, and was wondering on what to look for?
Self reply for others. Yes you have, six months back. I'll watch it now 👍
I've done a number of them.
First this: ruclips.net/video/pcNXLtzOi7I/видео.html
and also: ruclips.net/video/bhlQ9M2jkts/видео.html
and also: ruclips.net/video/aIFykaFrjT8/видео.html
My full diamond video playlist can be found at: ruclips.net/p/PLzgtYgj2F0yDcQflYTzvk8nCVISjjCbgB
Diamonds come from a very, very rare type of volcano, and the ones that make up the pacific islands are not that type.
Diamond coated tools will cone down in price as well. I have diamond coated files to sharpen my kitchen knifes. They are very good and affordable
Yes, its true - Diamond coated tools will come down in price too.
“The Truth is out there!” With deception everywhere this is a great heads up Chris. After all, your engagement could end in disaster if she finds out it’s not real. 😂
Yes, if a guy is going with a lab stone, he needs to get the buy in from his future bride.
I’ll take a Lightning ⚡️ Ridge black opal over a flawless diamond any day
The opals are beautiful. Lightning Ridge opals are pretty rare these days.
@@ChrisRalph - I have a few. Been a rockhound since I could bend over and pick them up. Have a vast collection, all are beautiful, but Lightning Ridge opals, in My opinion, are Natures best artwork
I never liked diamonds, simply for the fact that I could see the wearers of such stones, had been thouroughly brain washed by the diamond cartels. Hopefully people will finally wise up to the fact that diamonds are really not that rare, and there are a variety of other stones much more rare and beautiful. Frankly, I'm surprised Debeers wasn't forced to break up their monopoly by the World Court years ago. I spoke with a couple of diamond sellers in Tucson a couple weeks ago, who said the price is more of a 10/1 ratio, for similar graded stones. 10% in 1 week is a huge decrease. Hopefully we will see an increase in diamond tooling, where the miners can get busy creating worth while things, like Machu Pichu, the Great Pyramids, and all the other great stone masterpieces of years gone by.
The lab stones are becoming very inexpensive.
Chris, Can the Cubic Zirconia Diamond withstand the heat that a natural Diamond can ?
Cubic Zirconia is not diamond - they are totally different. Cubic Zirconia will not burn in air, diamond burns.
Hi Chris have you heard of the ARK CRYSTAL? It's a type of special crystal that connects to the quantum 🤷♂️ using synthetic crystals lattice and shaping it into a certain style a 6 pointed star or something from Metatrons Merkaba shape with a water core...I think. Anyway, have a look at it or if you know it, what do you think about it? I wants to pick your brain on it bcz I was thinking to get it.
You mean the Arkenstone?
Thanks I was so carious how this was made, I had a choice to buy man made diamonds but I told my wife imperfections made the diamonds more unique plus I really enjoyed the thought that the earth made it not some man in a factory
I'm glad you enjoyed the video.
Diamonds value will be in the rough
OK.
Chris - for CVD, As dumb as it sounds, could they use a synthetic diamond to seed another synthetic diamond? Thinking outloud but if its a clone, could get the crystal structure like DNA and use that to catch synthetic vs natural.
Yes they can use synthetic diamonds as seeds. However as the man-made diamonds and the natural ones have exactly the same crystal structure, there is no "DNA" thing to tell them apart. They grow in a different orientation than the natural crystals and they are told apart by that orientation.
Instead of shorting some of these stocks, you could buy some puts. The problem is that you need to pick the right companies and it needs to happen in the right time frame. Maybe look at some much cheaper puts and take a shot with money that you can afford to lose. Think something like the Jan 26 puts on SIG. You can get a $45 put for less than $5/put, which would cost you $500 or so for each put. (options cover 100 shares) Of course, picking which exact company is the loser is hard since companies can change. There used to be a GEMS etf that was about diamonds, but I don't see it any more. The nice thing about puts is the amount that you can lose is limited to the amount that you spent on the put.
That is a possibility.
It's about time that the the De Beers monopoly on the distribution of diamonds is broken up. Hopefully these synthetic diamonds puts them out of business.
As I said a couple times in the video, DeBeers is now in the business of making and selling synthetic diamonds - so lab diamonds are not going to put them out of business.
@@ChrisRalph Yes you did. You even showed their facility. As you also mentioned, the margins will get crushed for these stones. I won't be crying for De Beers when they aren't making the same margins any more.
Diamonds are not worthless if you findem yourself.
I said they would go down in price. That is not at all the same as worthless.
True@@ChrisRalph
True@@ChrisRalph
Hopefully take the shame away from the guy who can't afford a big one which brides expect and measure by.
very true. But if a fiance shames her guy because the diamond isn't as big as she wants - that guy needs to look elsewhere.
@@ChrisRalph 💛
Seeing as diamonds can be found way more places than they want you to know about, they have never been as rare as DeBeers want you to believe.
There is a small diamond mine just a short distance from my home.
Never as perfect as a man-made stone, but still, way cheaper than buying from DeBeers.
Interesting.
I found a rock metal detecting. It has a silver looking metal all through it like gold ore does in rocks. It's not in little specs. This rock has no crystals of any kind and can never be crushed into sand either. The rock has a shiny glaze like look. There is no flat side. Where the metal is, it has made the rock have like a blueish tint. It's none magnetic and is harder than a number 5. It had calcite on it and I removed it with apple cider vinegar. It's about the size of a golf ball and weighs about 70.50 grams. Every geologist that I've shown it to has no idea what it is. Do you have any idea what it could be? Can send you close up pics if you like.
I have no idea - and I don't offer a mineral ID service, mostly because it’s not as easy as you think. Usually, minerals cannot be identified from just a picture. Please watch my videos on how to Identify minerals for yourself. Part 1 can be found here: ruclips.net/video/MpkW58ZeQlc/видео.html and Part 2 can be found here: ruclips.net/video/zOWo49X90gA/видео.html and Part 3 can be found here: ruclips.net/video/_ab5NngRlVw/видео.html - Those videos should answer a lot of your questions.
@@ChrisRalph I have seen them and they was no help. Even when the geologist professor at a college held it in his hand still didn't know what it was. All he could say was he never seen anything like it. He said it could be a new discovery or a space rock of some kind. Thanks for your time and input.
I'm investing in asteroid diamond futures😂
There you go....
💛...it seems to me that it could be a better use of methane than to burn it off as a petroleum distillation process that adds to pollution...
First, you are misunderstanding this. It isn't burned or distilled, its decomposed into carbon and hydrogen. the carbon falls onto the diamond seed. The traces of hydrogen that are emitted are not considered to be a pollutant.
The principal reason for the 37% drop in diamond Sales is a drop in marriages.
Marriages have not dropped 37% since 2022. I agree fewer US young people are getting married, but its not a 37% drop in one year.
As technology advances there will be more and more or theses things happening to all markets. The ai changes will affect all of us. Its already happening and it appears to be accellerating.
Yep. Technology changes our world.
Every popular not (say fresnoite) are at risk----!!!!
"Every popular not" ?
I think it’s severe POETIC JUSTICE. How many years has the decent, trusting diamond customer been ripped off for THOUSANDS when the marriage goes down the tubes (*50%) then go to SELL THE DIAMOND, and get only a few hundred dollars. I love how the tables turn. GOOD RIDDANCE! 😂
There is super high mark up from wholesale to retail in the jewelry industry.
Proves that real diamonds are way younger than the dinosaur boys club says…😂 You think? Naaaah. .😢
Well....
IS IT FEASIBLE TO TRY TO PRODUCE ANY "MAN-MADE" GEM STONES, AT HOME?!...
I am going to do some experiments on this thought to try to make rubies and emeralds at home - but it is not easy or cheap and you need top understand the chemistry of what you are doing.
Buy a synthetic. Tell everyone it's natural... 😆
Probably fine unless you are selling it.
Diamonds are boring
I disagree - I think they are pretty interesting.