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Quick facts about diamond;

1. Diamond is intrinsically worthless. Naturally, diamond doesn't worth your hard earned money.
2. Diamond is not rare.
3. Diamond is not forever.
4. Russia and Australia are the largest producers of diamond outside Africa.
5. South Africa, Botswana and DR Congo produces more than half of diamonds in the world.
6. De Beer company, has the monopoly of mining and selling of diamonds hence manipulating the prices, by holding and making the diamond artificially rare
7. De Beer was founded by Cecil Rhodes, the history of Cecil Rhodes and diamond is very dark as you might have watched “Blood Diamond” movie and colonialism.