The Diamond's Business

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  • Опубликовано: 26 мар 2024
  • This document delves into the global diamond industry, highlighting its struggle with globalization. From the diamond dealers of Antwerp to the mines of Botswana, it traces the journey of diamonds as a prime material in jewelry making, affected by global shifts. The story focuses on the Taché family, diamond traders for three generations, who moved from Lebanon to Antwerp in the late 1950s. The narrative explores the evolution of the diamond cutting industry, moving from skilled artisans to high-tech machinery, emphasizing Antwerp's historical role as a diamond trading hub. It also examines the shift towards countries with cheaper labor, like India, where a significant portion of diamond cutting has moved. The document captures the essence of the diamond trade's impact on global economies, from the rich mines of Africa to the bustling markets of India, illustrating how diamonds remain a vital part of luxury trade and national economies worldwide
    Director: François Rabaté
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Комментарии • 527

  • @Wraithss
    @Wraithss Месяц назад +436

    one of the biggest scams in history, diamonds being rare.

    • @pattieprophet7987
      @pattieprophet7987 Месяц назад +37

      I so agree , and the scam , the bigger the diamond the bigger the love 😢
      My big God doesn't need diamonds to show his Love ❤

    • @spektred
      @spektred Месяц назад +15

      Agreed.

    • @yamaalislami9077
      @yamaalislami9077 Месяц назад +12

      Agreed

    • @ande100
      @ande100 Месяц назад +18

      diamonds are not rare at all. Exceptionally clear, large or colored ones however ARE VERY rare and expensive due to that and the high loss due to highly skilled cutters and polishers.

    • @ModernProspector
      @ModernProspector Месяц назад +17

      Sweet! I'll give you $1000 for every 5 gallon bucket of perfect octahedron diamonds over 5 carats each. Since they're so common, that shouldn't be an issue.

  • @shelbynamels973
    @shelbynamels973 Месяц назад +78

    Keep in mind that diamonds in jewelry making is a relatively recent fashion. Before the early 19th century, jewelers relied on colored gemstones and pearls for their creations. Diamonds really got their boost in the 30s when DeBeers started the 'two months salary' for an engagement ring campaign.

    • @ParissaKhoury
      @ParissaKhoury Месяц назад +16

      Now two months salary buys 2 weeks of groceries 😂😂

    • @NettiieB
      @NettiieB Месяц назад +1

      @@ParissaKhoury😂

    • @markmiller8903
      @markmiller8903 Месяц назад +3

      Watch the debeers diamond video to see diamonds are worthless. They just pick them up off the ground in South africa.

    • @cv507
      @cv507 Месяц назад +1

      D is C v??v
      2 months 2 peopellmell. 42. ´we $hould övvn. löve ät db xD häl 9oo1 däe oui viL€ ^$^

    • @Gogopak_69
      @Gogopak_69 Месяц назад

      Because West doesn't know about Simon's 😂😂😂

  • @ianmckenzie319
    @ianmckenzie319 Месяц назад +36

    This channel unironically has the best documentaries, especially since they started pumping more out over the last year.

    • @Wraithss
      @Wraithss Месяц назад

      to bad they're ran by marxist pushing that propaganda.

    • @KeefeL
      @KeefeL 24 дня назад +2

      Do they repost documentaries? Seems like a massive output

    • @Wraithss
      @Wraithss 24 дня назад

      @@KeefeL yes. it is a marxist agenda. subtle but it isthere.

  • @carebear2272
    @carebear2272 Месяц назад +54

    Diamonds are a sales gimmick, “diamonds are forever” emeralds and rubies are much more beautiful to me…..

    • @dantedt3931
      @dantedt3931 Месяц назад +2

      And people ate it up. Human beings are so easy to deceive.

    • @nerinamia1969
      @nerinamia1969 9 дней назад +1

      In fact emeralds and rubies are more expensive

  • @yaheeaalzuhary1607
    @yaheeaalzuhary1607 Месяц назад +25

    as a young gemologist and jeweler, i absolutely loved this video, its formal and very entertaining

    • @cv507
      @cv507 Месяц назад

      ´chövv yör knöt a lövvbött ^?^

    • @bunyann90
      @bunyann90 17 дней назад

      Indian?

  • @kathleenmartin7498
    @kathleenmartin7498 26 дней назад +17

    I remember seeing a documentary years ago where a diamond dealer in Russia showed a huge warehouse with shelves full of cases of cut diamonds. There was a massive amount of them, and he said they only let out so many for sale each year, do they don't flood the market and their value stays high.

    • @HankyPanky22
      @HankyPanky22 24 дня назад +1

      indeed, prices goes high every year, and diamond mining industry add millions of carats every year, is an artificial price

    • @metinkopan7933
      @metinkopan7933 9 дней назад

      Same whit jewish

  • @anthonypeters8714
    @anthonypeters8714 Месяц назад +2

    Thanks Best Documentary for another of your subjects Diamonds nicely put up by your team . Very nice.

  • @gauravtaggar5709
    @gauravtaggar5709 Месяц назад +24

    Anyone notice this is 15 years old video

    • @Bill_N_ATX
      @Bill_N_ATX 16 дней назад

      Yes, and a lot has changed. And somethings have not.

  • @shelbynamels973
    @shelbynamels973 Месяц назад +33

    I watched a video about one of the biggest diamonds ever found in Kimberley. It was huge, with a pinkish hue, and way too big for any type of jewelry. Because it was record-setting, the company that owned it also didn't want to split it up.
    Last I saw of it was it getting wheeled into a hi=security vault for storage.
    Point is, how can you say this diamond is "worth" xx millions of dollars? All it does is sit in locked storage. Nobody will lend against it, few people would ever consider buying it. It serves no purpose. By extension, the same can be said of any diamond other than the ones that are being put to industrial uses. Other than that, diamonds have no value, or perhaps only to people who are attracted by shiny, glittering objects.

    • @goldcic
      @goldcic Месяц назад +4

      It's called the Cullinan and was over 3,000 carats raw. It was D (perfect white in color), Flawless and the Cleaver spent years studying it before cleaving it. when the chisel broke he had a nervous breakdown. A year later his 2nd attempt was successful. The largest of many stones is in the Royal Scepter in the Crown Jewels of England. ❤ Search Cullinan 1, then 2 if interested.

    • @abdelkafir2438
      @abdelkafir2438 Месяц назад +1

      The dollar has also lost its value since 1971 when Nixon took it if the Gold Standard. It’s faith what is intrinsically instilled within the Volk so do diamonds, the marketing that de beers and Tiffany have done is already instilled in everyone’s mind. If you think of wealth in terms of stones you think of a diamond even though for example they can produce moissanites from thin air which cost a fraction of a diamond.

    • @KeefeL
      @KeefeL 24 дня назад +3

      Diamonds have value in technology from dentistry to heavy industry

  • @alking6633
    @alking6633 22 дня назад +4

    I Accidentally Watched This And I LOVE it.😎

  • @taramay000
    @taramay000 Месяц назад +50

    Now that us humans can make absolutely perfect diamonds of any size in a laboratory this industry will die out. Already in Australia the popularity of lab grown is taking over those being mined. We prefer the ones with no human suffering attached.

    • @Speedy300
      @Speedy300 Месяц назад

      Or the ones that the Western World has more control over and can make more money off or help them monopolize the market in name of you do not people to suffer 🤣🤣🤣🤔

    • @RS3Dutchie
      @RS3Dutchie Месяц назад +9

      Not true, the lab grown market will die out, since there is no rarity to lab grown. "Human suffering" 😂 you clearly have no clue my guy

    • @jmash7751
      @jmash7751 Месяц назад +2

      Human suffering in terms of those that illegally purchase blood diamonds is not acceptable. However, for the majority of those that work within the (professional) mining aspect of diamonds, it is employment, not suffering. The want of natural diamonds will never die out; however, the mindset of natural is better than lab, will take a generation or so to change. If I was wealthy and could afford a large stone, yes, I would prefer a natural. But I am not, and love my 1 carat Moissanite with its extra sparkle and far better affordability!

    • @Ivan_Magana
      @Ivan_Magana Месяц назад +2

      Lab grown are garbage compared to natural even though naked eye won't tell the difference. Those little replicas are being reprinted again.

    • @taramay000
      @taramay000 Месяц назад

      @@Ivan_Magana See that is what I have a problem with. To the naked eye they are the same. It’s simply human greed to have something unique that is destroying our planet and peoples lives. There is no need for natural diamonds any more.

  • @boyzatienza
    @boyzatienza Месяц назад +13

    I just wonder why this well researched documentary never mentioned about LAB GROWN DIAMONDS which is the biggest concern now of the diamond business worldwide. Thanks.

    • @BrandonBaby
      @BrandonBaby Месяц назад +11

      this video is old.. probably sometime between 2000-2010

    • @displayname6796
      @displayname6796 16 дней назад

      Def early 2000s cause in the India segment, they looked like they were in the 90s

  • @afnanardi27
    @afnanardi27 Месяц назад +5

    Best documentary

  • @yipmabaruya1148
    @yipmabaruya1148 Месяц назад +6

    Good morning from Yipma Baruya RUclips channel, Papua New Guinea. I enjoyed watching your contents, thanks for sharing. May God bless you always.

  • @thomasburke7995
    @thomasburke7995 26 дней назад +3

    Very objective and well presented.. diamonds are basically used for wealth and nothing else

  • @dantedt3931
    @dantedt3931 Месяц назад +5

    Human beings are so easy to deceive. Most people now believe that a diamond represents rareness and love and they will spend tons of money to buy it.
    "Diamonds are forever"

  • @Actingskint
    @Actingskint Месяц назад +4

    In a world where life is often seen as cheap , yet a shiny rock can cost more than most people. Will earn in an entire lifetime

  • @ismaciilcabdillahiyuusuf2650
    @ismaciilcabdillahiyuusuf2650 Месяц назад

    The World with peace, unity, integrity and love,, watching from berbera somaliland rep,,

  • @acapulcoscebu449
    @acapulcoscebu449 18 дней назад +5

    does anyone know when thie was shot. to me it looks like early 2000s

  • @petrus666love
    @petrus666love 27 дней назад

    Fascinating, thank you 🙏 very informative.😊

  • @neilsenior7957
    @neilsenior7957 Месяц назад +1

    Thank you for this informative video. The beauty of Diamonds is how they have earned a place in so many lives.

  • @MojalefaSediti-hz4rm
    @MojalefaSediti-hz4rm Месяц назад +6

    I live in Kimberley....I have never seen a diamond in the rough....they are rare

  • @Richgirl4
    @Richgirl4 Месяц назад +1

    Thank you for this video)

  • @muaz148
    @muaz148 21 день назад

    أفضل قناة في اليوتيوب على الإطلاق ❤

  • @pemuladingpa7440
    @pemuladingpa7440 Месяц назад

    Thanks for informing i enjoyed the most.👍👌🙏

  • @diggersdentysonu.k.m.d8813
    @diggersdentysonu.k.m.d8813 Месяц назад +2

    Sweet hope your week has gone well all most a good long weekend keep it going you legend brother tezza 👍 😊

  • @jenkins2162
    @jenkins2162 24 дня назад +6

    Rubies, Sapphires, and Emeralds are rarer than Diamonds. One heck of a monopoly, though.

    • @PhonkEcho
      @PhonkEcho 17 дней назад +2

      There is a good documentary called Nothing Lasts Forever about diamond companies and the origin of marketing for diamond in wedding and proposal rings. Its insane!

  • @user-ey5je6gz2j
    @user-ey5je6gz2j Месяц назад +2

    Informative video. Wow

  • @John-cc9my
    @John-cc9my 19 дней назад +3

    Great documentary ❤

  • @rakibhassan2820
    @rakibhassan2820 Месяц назад +2

    It's a very informative video.

  • @mayurireddy8196
    @mayurireddy8196 Месяц назад

    Amazing machines working on diamond polishing

  • @alexi2460
    @alexi2460 11 дней назад

    Terrificly informative. Clearly no diamond shortages but color rarity. Plz do documentary on rubies, the real shortage and rarity

  • @user-zw1uj6xy7k
    @user-zw1uj6xy7k Месяц назад

    Documentaire génial félicitations

  • @Giggidyflanders
    @Giggidyflanders 13 дней назад +1

    The real rarity of gems lies in different color/types of gemstones. You can literally walk into any jewelry store and they will have diamonds but they wouldn't always have different color/types of gemstones.

  • @jamaljames2578
    @jamaljames2578 Месяц назад +3

    Always watching from Georgetown Guyana south America 🇬🇾🇬🇾🇬🇾

    • @baldeoman
      @baldeoman Месяц назад

      You need to give the rest of your address 😅😅😅

  • @Mom_sBasement
    @Mom_sBasement Месяц назад +4

    It takes one hell of a marketing department to sell worthless rocks.

  • @Johnnybananass-_
    @Johnnybananass-_ 26 дней назад +2

    diamonds prove there's a sucker born every minute and a smart business man ready to con them .

  • @koskey06
    @koskey06 17 дней назад +1

    There is zero reason diamonds should cost as much as they do. With all the diamonds out in jewelery already and the millions mined everyday...... Everyone should be able to have diamonds.

  • @joeharkin5814
    @joeharkin5814 15 дней назад

    Awesome documentary

  • @pablotorres6997
    @pablotorres6997 2 дня назад

    Excellent! Thank you!

  • @sforsazstars6003
    @sforsazstars6003 Месяц назад +1

    Informative video

  • @maathaimaathai3395
    @maathaimaathai3395 Месяц назад +7

    Israel major exports are diamonds. Now you know

  • @dimitriwolfs9370
    @dimitriwolfs9370 Месяц назад +14

    The guy in the jet flying to de Beers in London is a good friend ,we were classmates in school . Party animals lol

  • @DownTreeProduction
    @DownTreeProduction Месяц назад +2

    Best content 💯

  • @ellenthomas2013
    @ellenthomas2013 Месяц назад

    Very informative

  • @gemaspreciosasdobrasil7809
    @gemaspreciosasdobrasil7809 Месяц назад

    É um dos maiores compradores de diamante do Brasil

  • @hssindahan5640
    @hssindahan5640 5 дней назад +1

    تحيا فلسطين اللهم انصر فلسطين وغزة على الص..

  • @victorcamilo7232
    @victorcamilo7232 Месяц назад +2

    Thanks!

  • @yamikanijimusolegggia7210
    @yamikanijimusolegggia7210 Месяц назад

    Very educative

  • @ZoKitchen
    @ZoKitchen Месяц назад

    beautiful diamonds fits for my loveliness!!!

    • @GrandDawggy
      @GrandDawggy 20 дней назад +1

      Na an onion ring is best for you 🙃

  • @user-jh3cg9mv7g
    @user-jh3cg9mv7g 26 дней назад +1

    As ex-BA stewardess, a few years ago, we chose our jewellers, M East, Bangkok, Hong Kong and bought jewellery. No-one had any probs. Lots from Australia, S America, as well as usual. Always worth more when valued back in uk. Hatton garden v interesting to visit.

  • @brandonc5965
    @brandonc5965 Месяц назад +2

    Africa has beautiful colored diamonds and some of the largest diamonds found

    • @lemonade_ib
      @lemonade_ib Месяц назад

      The ones in Russia are just better, African diamonds are overrated.

    • @Northstar.131
      @Northstar.131 Месяц назад

      @@lemonade_ibReally

  • @ssharif8626
    @ssharif8626 29 дней назад +1

    For what I can hear from russian speaker in diamond factory in Smolensk,Russia through the noise and voice of narrator, translation is completely incorrect. It's not a mistake or excluding some words. It's totally different information.

  • @rikatabari7445
    @rikatabari7445 18 дней назад

    Perfect

  • @rajeevsinha6304
    @rajeevsinha6304 13 дней назад +1

    this video is old .The dollar in India is like 85 rupees.they calculated around 45 rupees.this video is almost 24 years old.dollar was 45 in 2000-2001s.

  • @user-bi4uq6ro3c
    @user-bi4uq6ro3c Месяц назад +3

    Вот они шляпы, те кто начинает войны, катастрофы, всю совесть продали за блеск камней, когда же будет возмездие за все слёзы, за предательство жизни на Земле. 😡

    • @martist911wasits-not-real4
      @martist911wasits-not-real4 17 дней назад

      They are the original alchemists. Turning essentially worthless elements into fortunes. It's in their blood.

  • @brandonc5965
    @brandonc5965 Месяц назад

    Shes very right about yakutia ground thats true how there formed

  • @artifacthunter1472
    @artifacthunter1472 8 дней назад

    Large quality diamonds and certain colors are very rare.

  • @lucianoarbiza3106
    @lucianoarbiza3106 Месяц назад +1

    ❤ The More Core Division !..🎧🎬⚜️💈⚽️

  • @jondoezodiac8355
    @jondoezodiac8355 7 дней назад

    the first time i seen this it showed the ending with them in south america and lil bit of other things but only the first time after that they ending out for what ever reason

  • @SnowTiger45
    @SnowTiger45 Месяц назад +1

    I was distracted a bit by a big, fat spider between the camera and the blonde lady @33:39 . I though for sure the spider was and lining up to and heading for the gap in her shirt !
    I didn't hear a word they said through that part.

  • @TanveerTechnicalTricks
    @TanveerTechnicalTricks Месяц назад

    Nice osm 🎉🎉

  • @user-rr1kq7xg5f
    @user-rr1kq7xg5f Месяц назад

    I have a small stone similar to these stones, but I did not know its type

  • @lilyaca27
    @lilyaca27 Месяц назад +1

    Assstivo de Lawrence Massachusetts.. que Dios te bendiga y as tus familia y familiares y amistades y a lós fan también ❤🎉🎉❤ 🇩🇴🇩🇴🇩🇴🇩🇴🇩🇴🙏🙏🙏🙏🙏🇩🇴🇩🇴🇩🇴🌬️🌪️ 3:18

  • @grahamkennedy7221
    @grahamkennedy7221 17 дней назад

    40:51 I love how awkward this guy with the machine gun is!

  • @user-ir6fn6mq9l
    @user-ir6fn6mq9l Месяц назад +1

    Давно уже алмазы не являются такими дорогими

  • @salahdinar162
    @salahdinar162 Месяц назад

    العمل اليدوي هو الحياة للمجتمعات..

  • @mrt6349
    @mrt6349 24 дня назад +1

    25:45 10 million sounds like nothing can that number be right?

  • @emanuelegaiani3611
    @emanuelegaiani3611 19 дней назад

    Some time ago some emerald miner in Colombia said that emeralds are rarer than diamonds!🧐🧐🧐

  • @GettheFouttahere74
    @GettheFouttahere74 18 дней назад

    I can’t help but laugh and think of the film ‘snatch’ when watching this 😅

  • @ShaneShane1215
    @ShaneShane1215 Месяц назад +2

    Bam Margera, you're in the diamond business now?

  • @fabiodeoliveiraribeiro1602
    @fabiodeoliveiraribeiro1602 Месяц назад +2

    It is possible to admire men who work the land to produce food. It is also possible to respect men who work in factories to produce necessary and useful things. The men who maintain the electrical network, remove the city's trash and repair damage to the water distribution pipes are worthy of applause and high consideration. Lawyers, engineers, doctors, dentists, mechanics, bricklayers, etc... carry out important tasks that people in general cannot do alone. But the men who exploit popular credulity, the pastors and sorcerers, are weeds that produce nothing good and make a profit by spreading poison. And those who trade in diamonds and other shiny things are despicable. Diamonds feed people's vanity and cupidity, deforming the character of those who buy them to corrupt those who will be gifted. The diamond trade also drives many people crazy who cannot afford such valuable objects. Wherever a new diamond mine emerges, civil and foreign wars fomented and financed by precious stone dealers soon occur.

  • @jamesward5721
    @jamesward5721 17 дней назад +1

    Shiny Tulips.

  • @TheRealDeal333
    @TheRealDeal333 Месяц назад +1

    What year was this doc made ?

  • @robyr4131
    @robyr4131 Месяц назад

    Yes❤❤❤

  • @junzheng254
    @junzheng254 Месяц назад +3

    The difference between natural diamond and lab diamond is same as the difference between ice in river and ice in refrigerator. 😁😂🤣😃😄😅😆

  • @Ron_swanson_true_libertarian
    @Ron_swanson_true_libertarian Месяц назад

    Total of common steel in the world 190 billion tons
    Total diamonds in the world over 1,000,000,000,000,000 ton
    Yup that's a quadrillion...let that sink in.

  • @wambsganz8
    @wambsganz8 Месяц назад

    I see everyone uses the same florescent light

  • @kakaeriko
    @kakaeriko Месяц назад +1

    will dropping it really dent its value? are they the hardest ....?

    • @Angle86
      @Angle86 Месяц назад

      Diamonds is hard but its prone to chipping.. if u drop ,it can hit an angle and a part of the diamond can chip off easily n lose its value

  • @BrianTX541
    @BrianTX541 10 дней назад

    "diamonds are rare"... but also has a huge pile of diamonds in front of him.

  • @AskaniBalochScandinevia
    @AskaniBalochScandinevia 27 дней назад +1

    Africa richness goes in pocket rich Jews of Antwerp London and New York.

  • @janetgray8638
    @janetgray8638 Месяц назад

    A very interesting documentary, however, since I am poor I’ll never own a decent size diamond. Considering how many billions of diamonds there are out there they should be cheap as chips. If you buy a good one, you’ll still only get about half what you paid if you want to sell it.

    • @Angle86
      @Angle86 Месяц назад

      Dear u can buy lab diamond..

  • @seucongodocatimbo
    @seucongodocatimbo Месяц назад

    Brazil too

  • @EIbereth
    @EIbereth Месяц назад +2

    Diamonds are a very common stone, due only ONE SINGLE FAMILY decides how many stones can go out to be sold in market is what makes them so insanely expensive. A total scam.

  • @user-jh3cg9mv7g
    @user-jh3cg9mv7g 5 дней назад

    Unable to find book called"Diamonds" black cover. Obv borrowed and not returned. As I said ex- deBeers 'sighter,' in Amsterdam. By the way, one of the prettiest engagement rings I admired on a friend was a Victorian ring with 3 large yellow sapphires set in yellow gold. Like fur, no prob for the antis! They - diamonds- are humainly grown 😂😂😂❤❤❤❤

  • @displayname6796
    @displayname6796 16 дней назад

    If only diamond can cut diamond, how does dropping one on the ground chip it?

  • @jan_2022
    @jan_2022 24 дня назад

    I hope synthetic diamonds destroy the De Beers monopoly scam!😅

  • @CoolGirl007
    @CoolGirl007 Месяц назад +3

    Diamond itself don't shine without cutting, it also have been used for laser blade

  • @m.oldani
    @m.oldani Месяц назад +1

    RUclips diamonds are cool too. Peace.

  • @nick_yt23
    @nick_yt23 23 дня назад

    I would bet that all those experts and also the general public can’t even tell if someone they met was wearing a real diamond jewellery or fake diamonds made from cheap glass .

  • @morenoscarparo9035
    @morenoscarparo9035 Месяц назад +1

    Chi dà valore al diamante???? LÀ quantità sul mercato????

  • @user-ww9lw3bf3v
    @user-ww9lw3bf3v Месяц назад

    الفيديو الوحيد المدبلج للغة العربية !؟!؟

  • @IlluminatingConversation-qq9ui
    @IlluminatingConversation-qq9ui 17 дней назад +4

    10-15 Years Old Video , Why you posted in 2024 ??

  • @Onseriosimba
    @Onseriosimba Месяц назад

    The success of Indian businesses is in trust . No invoices and computers . Good for them tbh.

  • @victorsalisbury3554
    @victorsalisbury3554 Месяц назад

    Demi Fine Jewelry Market Size Worth $6.5 Billion by 2030:
    Mar 13, 2023 - The market is projected to reach approximately USD 6.5 billion by 2030. Demi-fine jewellery is a category of jewelleryForbes: US Luxury Goods Retailers Can Expect over $5 Billion in ...
    Feb 7, 2023 - Of the nearly $26 billion, roughly 21% is forecast to be spent on jewellery, representing $5.5 billion. Clothing could fetch 19%, or around

  • @user-jd4oo3od7r
    @user-jd4oo3od7r Месяц назад

    Надо обесценнить снизить цену на камни в современном веке , много людей должны носить эти камни

  • @Mclovin96X
    @Mclovin96X 27 дней назад

    how old is this documentary ?? looks like mumbai 20 years ago

  • @mauromastroianni282
    @mauromastroianni282 27 дней назад

    C'è sangue dietro i diamanti.

  • @raymondthomadwormald9621
    @raymondthomadwormald9621 Месяц назад

    Decent that

  • @user-oh2yd7ud7r
    @user-oh2yd7ud7r 28 дней назад +1

    Thank you for the Arabic translation👍🏻🤍