Good news on the diamond front. Maybe finally the cartel will fall.
"Diamonds are a con, pure and simple. The topic is vast, so we won't discuss worker exploitation or for that matter "blood diamonds" used to finance African wars. Instead I'll focus on whether diamonds are worth the exorbitant sums charged for them. Answer: Of course not. Prices are kept high by a cynical cartel that preys on vanity and stupidity." -The Straight Dope