Diamond giant monopoly alliance control diamond sources and prices

Russia has officially announced to the outside region in eastern Siberia they found an incredible diamond reserves, reserves are estimated at several trillion carats, is the world's known reserves had more than 10 times, to meet the global demand for 3,000 years gemstone market. The news that the public cheering diamond "cabbage price" era.
Diamond is a scarce resource?
In fact, in the eyes of geology, diamond really is an ordinary, "cabbage price" of the ore, the vast majority of diamonds sold are not available because they are too many impurities, and only industrial use, almost worthless.
Ironically, it is such a stone composed of carbon atoms, but the printing press is a businessman, a symbol of love, and sometimes war motives - there have been Sierra Leone, Angola, Congo and other six countries, more than 200 million people because it is to be trapped in a 10-year war.
Early in the 18th century classical economists Adam Smith proposed the value of a diamond paradox Nothing is more useful than water, it can exchange goods is very limited, very few things you can change to water. In contrast, the diamond is not useful, but you can use it in exchange for a large number of goods.
Adam Smith, at that time, this is due to the scarcity of diamonds caused. Water is so plentiful that mention you can get; while diamonds are so rare.
In the 19th century, the diamond is indeed regarded as scarce commodity. Only in India and Brazil rainforest river with a small amount of discovery, the global annual production of gem-quality diamonds are not a few kilograms. Very hard because of the features and gorgeous looks, diamond has been monopolized by the royal family and dignitaries.
Although diamond production was not high, but the content is far from small.
It is the essence of carbon content in the solar system, the fourth element. Various objects inside the carbon-rich element in the universe, some under tremendous pressure, forming a diamond. October 2012, scientists from the United States and France, announced the existence of planets discovered diamonds - Diamond covered the entire surface of the planet, will be named Cancer 55 planets.
On Earth there are some diamond resources, but exploitation is not easy. Its true home in the depths of the earth a place called the mantle, the whole place under tremendous pressure, in thousands of degrees Celsius, tens of thousands of atmospheric pressure, carbon slowly crystallized into diamonds.
Modern diamond industry kicked off after a ton of diamonds are mined, to 2011 when the ground has been dug up hundreds of millions of pieces diamonds, diamonds a year worldwide produces up to 124 million karats, about 24 800 kg, nearly 25 tons.
However, the price of diamonds has not significantly decreased, on the contrary, since the 1930s since the Great Depression, diamond prices have been steadily rising.
This is because the diamond merchants like intimidate the public, the diamond will dried up. Beginning in 2010, led by De Beers diamond merchants aired Diamond Peak in theory: According to their argument, the world's diamonds
Resources are becoming depleted, and now has proven reserves of about 3 billion kt diamond, in accordance with the existing annual production of one million carats, diamonds mined only enough for 30 years.
Russia's newly announced giant diamond mine will not break the illusion?
In fact, as early as 40 years ago, geologists discovered this huge diamond mine, when the former Soviet government taking into account national interests in the diamond industry, has been kept secret. 40 years later, the Russian diamond producer Ai Luosuo first diamond production giant De Beers monopoly over the Asian market expansion led to rising global demand for diamonds, Russia is attempting to secure its interests in the diamond industry, never let this giant diamond mines affect the price of diamonds.