The Diamond Lie: The Story of De Beers Diamond Monopoly!

Are diamonds a scam? For over a century, the De Beers monopoly controlled the diamond cartel, manufactured the diamond lie, and changed history. In this De Beers documentary, we explore De Beers history, Cecil Rhodes De Beers, diamond price manipulation, and how De Beers created the diamond engagement ring using the famous "a diamond is forever" marketing campaign. Why are diamonds so expensive? The truth comes down to artificial diamond supply and demand, corporate lies, and the dark reality of blood diamonds history. Today, the cartel faces its biggest threat yet: lab grown diamonds. In this business documentary, we break down the economics, finance, marketing, and history of the world's most famous diamond monopoly. If you’ve ever wondered about the truth behind your jewelry and engagement ring, this video uncovers the secrets of the De Beers cartel. 🔍 Topics Covered in This Video: The History of the De Beers Diamond Monopoly How a Corporate Cartel Created the Diamond Lie Why Are Diamonds So Expensive? (Supply and Demand) The Impact of Lab Grown Diamonds on Natural Diamonds The Dark History of Blood Diamonds and Cecil Rhodes Don't forget to like, comment, and subscribe for more deep dives like this!    / @caratandcoin   #DeBeers #Diamonds #Monopoly #BusinessDocumentary #Scam #Marketing