"Blood Diamonds" or "Conflict Diamonds" is a term used to refer to diamonds mined by rebels or insurgencies in diamond producing nations, for the
purpose of financing rebellion. The argument goes that consumers who purchase these diamonds are financing conflict in Africa.
But the net result of this advertizing effort is to stigmatize diamonds that would otherwise be snapped up by the global retail market.
Here are the pertinent facts:
-As Wikipedia correctly points out, Debeers
was, until the 80's the global monopoly on diamonds,
owning roughly 80% of all diamonds mined world-wide. Their control has recently dropped to an estimated 60%, as diamond fields outside of Debeers
control have begun selling on the open market.
-As this in-depth article in The Atlantic
states, Debeers has created an artificial scarcity
by carefully limiting its sales to "sight-holders," which are the only middle-men authorized to buy and sell debeers diamonds, and members of the
"CSO," (Central Selling Organization) the wholly owned Debeers unit. The Debeers company single-handedly created the "tradition" that a
ring is the symbol of a wedding engagement. They also came up with the slogan, "a diamond is forever."
-Almost all of Debeers major holdings are in South Africa and Botswanna. Conflict diamonds are ones mined by rebels in states like
Angola, Sierra Leone, and Liberia
; in other words, they are mined outside the reach of
-When Zaire left the umbrella of Debeers' CSO umbrella, and began producing its own diamonds for public sale, Debeers retaliated by sowing political
rebellion in that state, as well as dumping billions of dollars of "bort," the low grade diamonds of the type produced by Zaire, onto the general
market. After several rounds of rebellion and civil war, the state, now The
Democratic Republic of Congo
, has rejoined the CSO.
-Other nations, beyond Debeers' reach, are punished for threatening to sell diamonds without going through CSO (Debeers). Currently, the US charges
a 100% tariff on diamonds imported from the Ukraine.
(Source: US customs and Border Patrol
Ukraine is not yet a major producer of quality diamonds, but Debeers isn't taking any chances.
-What's the NWO connection? Well, first, Debeers has created the largest "artificial scarcity in human history, they were founded by
The perpetrator of most early NWO ideas.
Notice that other states have had rebel insurgencies---notably, South Africa---but those states didn't threaten the world diamond pricing structure.
It is only in areas where rebels have threatened to sell diamonds, that the UN has branded as sources of
. No one is even mentioning how generations of american engagement rings
propped up aphartheid, or helped bankroll Israel right up into the 1980's (Incedentally, Israel only became a pariah after 1987, when it bucked the
My future research will focus on the politics of CSO members, and whether Debeers has supported
revolutions in the interest of its ongoing
[edit on 2-1-2007 by dr_strangecraft]