The Diamond's Business
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- Опубликовано: 10 фев 2025
- 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
Go ahead and spend $50,000 on an engagement ring, then try to sell that same ring back to a jewelry store. They will only give you 5% of the price you originally paid. Jewelry is one of the BIGGEST scams in modern time
😂😂😂😂😂 so funny
😮😮😮😮
True. There are so many diamonds, the price should not be so overflated anyways. The Jews started this greed.
💯you right dude
Yeah I put my own ring together. I pay what I wanna pay.
This channel unironically has the best documentaries, especially since they started pumping more out over the last year.
to bad they're ran by marxist pushing that propaganda.
Do they repost documentaries? Seems like a massive output
@@KeefeL yes. it is a marxist agenda. subtle but it isthere.
Where is this channel based?
@@KeefeLthey do repost
I worked as a diamond merchant in mines located in Venezuela and had the opportunity to buy about 4 rough diamonds in intense green and canary yellow. I remember that they weighed between 1.20 carats. They really are stones that dazzle when you look at them.
In which state of Venezuela, they are usually found in Ciudad Bolivar.
In eldorado up cuyuni river@@steeventorrealba5150
Thanks!
Money Laundering, youre welcome
😮
as a young gemologist and jeweler, i absolutely loved this video, its formal and very entertaining
´chövv yör knöt a lövvbött ^?^
Indian?
why you like scam sir?
Sir i from Colombia i have esmeralds
Glad to see you have become a Gemologist. Did you do it GIA online? Or in person
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.
Now two months salary buys 2 weeks of groceries 😂😂
@@ParissaKhoury😂
Watch the debeers diamond video to see diamonds are worthless. They just pick them up off the ground in South africa.
D is C v??v
2 months 2 peopellmell. 42. ´we $hould övvn. löve ät db xD häl 9oo1 däe oui viL€ ^$^
Because West doesn't know about Simon's 😂😂😂
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
in china you can bribe a soldier $3/human life, to live or die☠️☠️☠️ , los angeles $100 / murder.....earth is a scary place
I am not surprised by the Jews, Indians, or Russians, but the expertise and confidence of Botswanian people!!!! AMAZING!!!
ОГРОМНАЯ БЛАГОДАРНОСТЬ ! ПРЕКРАСНЫЙ ФИЛЬМ !
Хороший фильм...алмазы только Якутские хорошие? Удивительно...Дибирс там не работает....
one of the biggest scams in history, diamonds being rare.
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 ❤
Agreed.
Agreed
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.
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.
one of the best documentary i have seen 🍿🍿🍿 gear up knowledge
Diamonds are a sales gimmick, “diamonds are forever” emeralds and rubies are much more beautiful to me…..
And people ate it up. Human beings are so easy to deceive.
In fact emeralds and rubies are more expensive
bro emeralds and rubies are literally more expensive lmfao? what are u on about xd
On the Economics of Diamonds, the Biggest Marketing Scam in History Orchestrated by the Most Successful Cartel Ever
Some rubies and emeralds are more expensive
This video is a fascinating deep dive into the intricate world of diamonds! The way it captures the global nature of the diamond trade, from Antwerp to Mumbai, and the sophisticated technology behind diamond cutting, is truly captivating. The insights into both the high-stakes business and the personal stories of those involved offer a comprehensive look at an industry that's often shrouded in mystery. Brilliantly done!
Terrificly informative. Clearly no diamond shortages but color rarity. Plz do documentary on rubies, the real shortage and rarity
Anyone notice this is 15 years old video
Yes, and a lot has changed. And somethings have not.
yeah.. well... Did you think many of these docs on this sites are new? Like a serious docu channel? Cause its not. Many of these 'frree/bes, etc'' are NOT a studio, or a real channel. It's just random people wanting to give us access to all sorts of interesting docus...for FREE!
I know a lot of ppl don't know that manye of the channels like this ones doesn't make original content, like sending out filmmakers etc. So NO ONE get's pained for us watching these. it may even be ONE dude just giving us a GREAT service, giving everyone FREE documentaries.
New or old is just random. Some aired on different tv-channels for instance, years ago.
So, they are not trying to ''trick anyone'' by showing old docs.
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.
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 🤣🤣🤣🤔
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
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!
Lab grown are garbage compared to natural even though naked eye won't tell the difference. Those little replicas are being reprinted again.
@@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.
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.
indeed, prices goes high every year, and diamond mining industry add millions of carats every year, is an artificial price
Same whit jewish
Lab made diamonds. Bullcrap
diamonds prove there's a sucker born every minute and a smart business man ready to con them .
Diamond = carbon
Couple years ago i purchased storage and found a diamond ring took it to pawnshop..
Indian guy offered me $3,000 cash , I asked him if it was real and he said it was lab diamond
I told him i would be back , i was leaving and then he said ill offer u $5,000 cash
Thats telling me it was a real diamond , so i took the ring to jewelry district in downtown and sold it there for $130,000 CAsh!!
It was a 16 carat i knew it was worth more but i needed money to pay my mortgage 🤑
that never happened.
I Accidentally Watched This And I LOVE it.😎
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"
Thank you for this informative video. The beauty of Diamonds is how they have earned a place in so many lives.
I have seen a few documentaries about the diamond trade and other jewel trade in various countries. This one I have seen before.
Thank you, for this one again.
Slave markets for many and wealth for Debeers at the top and other jewelry manufacturers. Human rights for none. One cannot eat gold or jewels.
With appreciation again.
Plenty of 'Zimbabwe' in that last 'Botswana' bit ...🤐 Fascinating on multiple levels, nonetheless.
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.
this video is old.. probably sometime between 2000-2010
Def early 2000s cause in the India segment, they looked like they were in the 90s
Lab diamond prices are going down, most people with money would rather have a natural diamond
The lab diamonds are in general not mentioned. The industry do not want the public to know how the lab diamonds have infiltrated the markets.
The best thing that ever happened to consumers LAB DIAMONDS
أفضل قناة في اليوتيوب على الإطلاق ❤
🍃Esse canal realmente é Superior pela diversidade de assuntos super interessantes. Gratidão por existir. Estarei por aqui sempre que puder. Sucesso sempre.🍃 ❤😊👍
ai dento
It was very interesting to make a program about other stones market👍👍👍
Good morning from Yipma Baruya RUclips channel, Papua New Guinea. I enjoyed watching your contents, thanks for sharing. May God bless you always.
Gems are rarest ❤, more potential 🎉! Nowadays there are methods to produce artificial diamonds, which will collapse the diamond market.
Rubies, Sapphires, and Emeralds are rarer than Diamonds. One heck of a monopoly, though.
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!
Best documentary
Very objective and well presented.. diamonds are basically used for wealth and nothing else
Documental de calidad 👍🏻👍🏻
They have bins, like farmers have for corn, but these are full of diamonds, fact. There is no shortage of diamonds.
Brillante,,,,muy buen video❤
Awesome documentary. Thank you! How I love diamonds. NOTHING shines as bright, and beautiful, as a High Quality Loose Diamond.
wow nice video buddy 👍️👍️👍️
They can make virtually flawless diamonds in a laboratory almost indistinguishable from genuine ones without specialist equipment… so why are diamonds still so expensive?
👍👍
The diamonds you mention are flawless, but still distinguishable from natural ones by certain methods. This makes them less valuable.
❤ The More Core Division !..🎧🎬⚜️💈⚽️
80kg of diamonds a day and they say they are rare, yea right.
Those diamonds made many, many persons very rich.
Now that’s what you call price fixing.
Fascinating, thank you 🙏 very informative.😊
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.
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.
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.
Diamonds have value in technology from dentistry to heavy industry
@@KeefeL , I agree that you about that. I don't know for a fact, but I would think that the cost of them used for that purpose is much cheaper than if it's mounted in jewelry.
De boers owns all diamond
مرسی بسیار عالی موفق باشید 💙🌹
Great documentary ❤
*Great documentary, I really liked it. Thanks*
Always watching from Georgetown Guyana south America 🇬🇾🇬🇾🇬🇾
You need to give the rest of your address 😅😅😅
Buen documental👍
I live in Kimberley....I have never seen a diamond in the rough....they are rare
Not rare at all
I live in Berlin, I have never seen a robbery, no murder, no accident, no,drug dealer, no prostitution. What happens now?
Thanks for informing i enjoyed the most.👍👌🙏
The World with peace, unity, integrity and love,, watching from berbera somaliland rep,,
On the beach! I looked you up on Google Maps.
Africa has beautiful colored diamonds and some of the largest diamonds found
The ones in Russia are just better, African diamonds are overrated.
@@lemonade_ibReally
It takes one hell of a marketing department to sell worthless rocks.
Excellent! Thank you!
Some time ago some emerald miner in Colombia said that emeralds are rarer than diamonds!🧐🧐🧐
Vrai 👍
Brasil os melhores garimpeiros do mundo ✌🏼🇧🇷💎
The guy in the jet flying to de Beers in London is a good friend ,we were classmates in school . Party animals lol
😂 that's awesome lol. Small world.
Cokaineishellofadrug😅
@@teachermariogarcia4299it sure is….😂
Informative video. Wow
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.
Sangat menarik sekali 👍👍👍👍👍
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.
Diemonds are so pretty and sparkly it’s so lovely
How old is this documentary? They using such old phones and computers. I think I saw WinXP on one of the computers.
Thank you for the Arabic translation👍🏻🤍
It's a very informative video.
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.
diamonds are a form of currency and compact wealth...easy to transport and smuggle without goverment taxation, people use diamonds, they dont just look at them...i was a catholic priest, helping and guilding people thru difficulties in life, eventually i left to become a high wizard
Best content 💯
Fantastic documentary, really fascinating to see the undereorld for lack of better words thats at play to create fancy jewelery
안녕하세요 저는 🇰🇷 한국인입니다 KOREA 🇰🇷
너무 아름다워요 👍 😍
받고싶어요 존경합니다 👍💜🫶👌🩵💙💚🇰🇷
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. 😡
They are the original alchemists. Turning essentially worthless elements into fortunes. It's in their blood.
Watching this from roots of Africa seeing how life is totally a different.
Same Universe but different Worlds.
It's just a stone worthless, we only give it value
Better paying for gold. Only way wee can make money. But it might not stay this way. But looking good at the moment 👍🏻
Like money
Definitely not worthless… diamond tip saw blades
Morning leader, I'm MAPENZI KILOSHO WABENGAE from DRC KINSHASA goma towny
does anyone know when thie was shot. to me it looks like early 2000s
When it shows a security video, it says 2008 or 09 I believe.
Thanks Best Documentary for another of your subjects Diamonds nicely put up by your team . Very nice.
الإعلام يتحدث عن القوة الاقتصادية للهند بينما الواقع مرير جداً ملايين الفقراء الذين يعيشون تحت خط الفقر المدقع
القوه الاقتصاديه للهند ترتبط بسياسه الافقار
When I think of India, the first thing that comes to mind definitely isn’t ’economic power’ lol
Israel major exports are diamonds. Now you know
I am watching the documentary from South Africa.
I watched a video of Diamond Mine from Sierra Leone Can small scale diamond trading be done there? I am from Surat, India, I am looking for diamond business
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.
Good point! 👏
More lab grown diamonds are coming to market, the price in future may come down, only guessing not sure..
Africa richness goes in pocket rich Jews of Antwerp London and New York.
Excelent Document !!!!!
The difference between natural diamond and lab diamond is same as the difference between ice in river and ice in refrigerator. 😁😂🤣😃😄😅😆
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.
"Here they have their in-house software and it's top secret." Notice it's forbidden to utter the instruments of these people. maybe because the research and development costs were passed off to universities in the form of grant money. 5:29
Sangat bagus sekali, salam dari Indonesia
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.
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.
تحيا فلسطين اللهم انصر فلسطين وغزة على الص..
Amazing machines working on diamond polishing
Diamonds are a scam. They are not rare.
Even if they were their value is made up. They're not anymore valuable than any other material the same weight. The diamonds that actually serve a purpose in tooling and machinery are all the cheapest throw away stones.
They are rare due to a monopoly on the market. The type 2 ones are rare
Shhhhhh.
Fucks sake..... Don't tell everyone they won't believe you even with shockingly overwhelming evidence... People are stupid!
Birds are not real
Aussie opal is way cooler, diamonds are boring.
Well Well this interested me 10:49❤❤❤❤❤
Someone convinced people that useless shiny stones are worth a lot of money, and synonyme of love. What a scam...
DeBeers did. Kimberly Mines.
A fool and his money.........
Diamonds are hard, got to be useful for something.
Very educative
Try not to drop it? I thought diamonds are the hardest material. Basically indestructible
That's what I thought 😂
No, they have lower toughness
😅u need to understand that diamond are hardest, this means their ability to resist scratching, but their toughness (ability to withstand chipping under pressure, or hitting it) is lower
Diamonds have a cleavage where if you hit it in the right spot it could easily break or chip and something hard like diamonds can still be brittle.
It’s really not too hard to scratch the polish off a diamond so don’t go scratching your diamond
Thats supposedly true unless u drop it or smash it with a hammer 😂
I hope you have an expert at spotting slight of hand Magicians trying to skim from the piles, My first though was, someone could press down on one trapping it under their fingernail, I can understand the appeal of having incredible worth crammed into such a small artifact, but the risk in handeling them would be teedious
Diamonds dont damage easily. A hammer will dent before a diamond😂
no. dont . the diamond will break
If u dropped it it could Chip? I thought diamond's were the hardest Rock in the world how can they Chip if they're dropped? WT!!!!!
Glas is way harder than steel. Hardness and toughness are two seperate Properities
They are pretty durable and they are the hardest substance in the world that's why they use diamonds and industrial machines because they can cut through anything durability-wise if you slam a diamond against a wall with all of your strength and your body it wouldn't put the slightest scratch or even crack in it
But it's weird because sometimes they do chip it's just weird man All I know is I've seen people put a diamond underneath a hydraulic press and the diamond just gets embedded into the steel doesn't smash it all
@Greenchilieboss its the same way glass is harder than steel.
Hard is brittle. No matter what for any action there is an equal reaction nothing can withstand infinite energy.
Informative video