The Diamond's Business

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  • čas přidán 26. 03. 2024
  • 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
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Komentáře • 559

  • @shelbynamels973
    @shelbynamels973 Před měsícem +81

    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.

    • @ParissaKhoury
      @ParissaKhoury Před měsícem +17

      Now two months salary buys 2 weeks of groceries 😂😂

    • @NettiieB
      @NettiieB Před měsícem +1

      @@ParissaKhoury😂

    • @markmiller8903
      @markmiller8903 Před měsícem +3

      Watch the debeers diamond video to see diamonds are worthless. They just pick them up off the ground in South africa.

    • @cv507
      @cv507 Před měsícem +1

      D is C v??v
      2 months 2 peopellmell. 42. ´we $hould övvn. löve ät db xD häl 9oo1 däe oui viL€ ^$^

    • @Gogopak_69
      @Gogopak_69 Před měsícem

      Because West doesn't know about Simon's 😂😂😂

  • @carebear2272
    @carebear2272 Před měsícem +56

    Diamonds are a sales gimmick, “diamonds are forever” emeralds and rubies are much more beautiful to me…..

    • @dantedt3931
      @dantedt3931 Před měsícem +2

      And people ate it up. Human beings are so easy to deceive.

    • @nerinamia1969
      @nerinamia1969 Před 15 dny +1

      In fact emeralds and rubies are more expensive

  • @Wraithss
    @Wraithss Před měsícem +448

    one of the biggest scams in history, diamonds being rare.

    • @pattieprophet7987
      @pattieprophet7987 Před měsícem +37

      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 ❤

    • @spektred
      @spektred Před měsícem +15

      Agreed.

    • @yamaalislami9077
      @yamaalislami9077 Před měsícem +12

      Agreed

    • @ande100
      @ande100 Před měsícem +18

      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.

    • @ModernProspector
      @ModernProspector Před měsícem +17

      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.

  • @ianmckenzie319
    @ianmckenzie319 Před měsícem +37

    This channel unironically has the best documentaries, especially since they started pumping more out over the last year.

    • @Wraithss
      @Wraithss Před měsícem

      to bad they're ran by marxist pushing that propaganda.

    • @KeefeL
      @KeefeL Před měsícem +2

      Do they repost documentaries? Seems like a massive output

    • @Wraithss
      @Wraithss Před měsícem

      @@KeefeL yes. it is a marxist agenda. subtle but it isthere.

  • @yaheeaalzuhary1607
    @yaheeaalzuhary1607 Před měsícem +26

    as a young gemologist and jeweler, i absolutely loved this video, its formal and very entertaining

    • @cv507
      @cv507 Před měsícem

      ´chövv yör knöt a lövvbött ^?^

    • @bunyann90
      @bunyann90 Před 23 dny

      Indian?

  • @gauravtaggar5709
    @gauravtaggar5709 Před měsícem +25

    Anyone notice this is 15 years old video

    • @Bill_N_ATX
      @Bill_N_ATX Před 22 dny

      Yes, and a lot has changed. And somethings have not.

  • @shelbynamels973
    @shelbynamels973 Před měsícem +34

    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.

    • @goldcic
      @goldcic Před měsícem +4

      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.

    • @abdelkafir2438
      @abdelkafir2438 Před měsícem +1

      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.

    • @KeefeL
      @KeefeL Před měsícem +3

      Diamonds have value in technology from dentistry to heavy industry

  • @kathleenmartin7498
    @kathleenmartin7498 Před měsícem +19

    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.

    • @HankyPanky22
      @HankyPanky22 Před měsícem +1

      indeed, prices goes high every year, and diamond mining industry add millions of carats every year, is an artificial price

    • @metinkopan7933
      @metinkopan7933 Před 15 dny

      Same whit jewish

  • @taramay000
    @taramay000 Před měsícem +50

    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.

    • @Speedy300
      @Speedy300 Před měsícem

      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 🤣🤣🤣🤔

    • @RS3Dutchie
      @RS3Dutchie Před měsícem +9

      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

    • @jmash7751
      @jmash7751 Před měsícem +2

      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!

    • @Ivan_Magana
      @Ivan_Magana Před měsícem +3

      Lab grown are garbage compared to natural even though naked eye won't tell the difference. Those little replicas are being reprinted again.

    • @taramay000
      @taramay000 Před měsícem

      @@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.

  • @dantedt3931
    @dantedt3931 Před měsícem +5

    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"

  • @Johnnybananass-_
    @Johnnybananass-_ Před měsícem +3

    diamonds prove there's a sucker born every minute and a smart business man ready to con them .

  • @anthonypeters8714
    @anthonypeters8714 Před měsícem +2

    Thanks Best Documentary for another of your subjects Diamonds nicely put up by your team . Very nice.

  • @MojalefaSediti-hz4rm
    @MojalefaSediti-hz4rm Před měsícem +7

    I live in Kimberley....I have never seen a diamond in the rough....they are rare

  • @boyzatienza
    @boyzatienza Před měsícem +15

    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.

    • @BrandonBaby
      @BrandonBaby Před měsícem +13

      this video is old.. probably sometime between 2000-2010

    • @displayname6796
      @displayname6796 Před 22 dny

      Def early 2000s cause in the India segment, they looked like they were in the 90s

  • @acapulcoscebu449
    @acapulcoscebu449 Před 24 dny +5

    does anyone know when thie was shot. to me it looks like early 2000s

  • @jenkins2162
    @jenkins2162 Před měsícem +7

    Rubies, Sapphires, and Emeralds are rarer than Diamonds. One heck of a monopoly, though.

    • @PhonkEcho
      @PhonkEcho Před 23 dny +2

      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!

  • @muaz148
    @muaz148 Před 27 dny

    أفضل قناة في اليوتيوب على الإطلاق ❤

  • @afnanardi27
    @afnanardi27 Před měsícem +5

    Best documentary

  • @alking6633
    @alking6633 Před 28 dny +4

    I Accidentally Watched This And I LOVE it.😎

  • @thomasburke7995
    @thomasburke7995 Před měsícem +3

    Very objective and well presented.. diamonds are basically used for wealth and nothing else

  • @petrus666love
    @petrus666love Před měsícem

    Fascinating, thank you 🙏 very informative.😊

  • @Actingskint
    @Actingskint Před měsícem +4

    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

  • @user-zw1uj6xy7k
    @user-zw1uj6xy7k Před měsícem

    Documentaire génial félicitations

  • @neilsenior7957
    @neilsenior7957 Před měsícem +1

    Thank you for this informative video. The beauty of Diamonds is how they have earned a place in so many lives.

  • @John-cc9my
    @John-cc9my Před 25 dny +3

    Great documentary ❤

  • @user-ey5je6gz2j
    @user-ey5je6gz2j Před měsícem +2

    Informative video. Wow

  • @rakibhassan2820
    @rakibhassan2820 Před měsícem +2

    It's a very informative video.

  • @pemuladingpa7440
    @pemuladingpa7440 Před měsícem

    Thanks for informing i enjoyed the most.👍👌🙏

  • @Richgirl4
    @Richgirl4 Před měsícem +1

    Thank you for this video)

  • @yipmabaruya1148
    @yipmabaruya1148 Před měsícem +6

    Good morning from Yipma Baruya CZcams channel, Papua New Guinea. I enjoyed watching your contents, thanks for sharing. May God bless you always.

  • @mayurireddy8196
    @mayurireddy8196 Před měsícem

    Amazing machines working on diamond polishing

  • @ismaciilcabdillahiyuusuf2650

    The World with peace, unity, integrity and love,, watching from berbera somaliland rep,,

  • @DownTreeProduction
    @DownTreeProduction Před měsícem +2

    Best content 💯

  • @pablotorres6997
    @pablotorres6997 Před 8 dny

    Excellent! Thank you!

  • @alexi2460
    @alexi2460 Před 16 dny +1

    Terrificly informative. Clearly no diamond shortages but color rarity. Plz do documentary on rubies, the real shortage and rarity

  • @maathaimaathai3395
    @maathaimaathai3395 Před měsícem +7

    Israel major exports are diamonds. Now you know

  • @victorcamilo7232
    @victorcamilo7232 Před měsícem +2

    Thanks!

  • @joeharkin5814
    @joeharkin5814 Před 21 dnem

    Awesome documentary

  • @samukelomchunu
    @samukelomchunu Před 4 dny

    I am watching the documentary from South Africa.

  • @diggersdentysonu.k.m.d8813
    @diggersdentysonu.k.m.d8813 Před měsícem +2

    Sweet hope your week has gone well all most a good long weekend keep it going you legend brother tezza 👍 😊

  • @sforsazstars6003
    @sforsazstars6003 Před měsícem +1

    Informative video

  • @jamaljames2578
    @jamaljames2578 Před měsícem +4

    Always watching from Georgetown Guyana south America 🇬🇾🇬🇾🇬🇾

    • @baldeoman
      @baldeoman Před měsícem

      You need to give the rest of your address 😅😅😅

  • @Giggidyflanders
    @Giggidyflanders Před 19 dny +1

    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.

  • @Mom_sBasement
    @Mom_sBasement Před měsícem +4

    It takes one hell of a marketing department to sell worthless rocks.

  • @ellenthomas2013
    @ellenthomas2013 Před měsícem

    Very informative

  • @gemaspreciosasdobrasil7809
    @gemaspreciosasdobrasil7809 Před měsícem

    É um dos maiores compradores de diamante do Brasil

  • @koskey06
    @koskey06 Před 23 dny +1

    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.

  • @dimitriwolfs9370
    @dimitriwolfs9370 Před měsícem +15

    The guy in the jet flying to de Beers in London is a good friend ,we were classmates in school . Party animals lol

  • @rikatabari7445
    @rikatabari7445 Před 24 dny

    Perfect

  • @yamikanijimusolegggia7210
    @yamikanijimusolegggia7210 Před měsícem

    Very educative

  • @TanveerTechnicalTricks
    @TanveerTechnicalTricks Před měsícem

    Nice osm 🎉🎉

  • @hssindahan5640
    @hssindahan5640 Před 11 dny +1

    تحيا فلسطين اللهم انصر فلسطين وغزة على الص..

  • @brandonc5965
    @brandonc5965 Před měsícem +2

    Africa has beautiful colored diamonds and some of the largest diamonds found

    • @lemonade_ib
      @lemonade_ib Před měsícem

      The ones in Russia are just better, African diamonds are overrated.

    • @Northstar.131
      @Northstar.131 Před měsícem

      @@lemonade_ibReally

  • @ZoKitchen
    @ZoKitchen Před měsícem

    beautiful diamonds fits for my loveliness!!!

    • @GrandDawggy
      @GrandDawggy Před 26 dny +1

      Na an onion ring is best for you 🙃

  • @lucianoarbiza3106
    @lucianoarbiza3106 Před měsícem +1

    ❤ The More Core Division !..🎧🎬⚜️💈⚽️

  • @ssharif8626
    @ssharif8626 Před měsícem +1

    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.

  • @brandonc5965
    @brandonc5965 Před měsícem

    Shes very right about yakutia ground thats true how there formed

  • @BelginEvrim
    @BelginEvrim Před 4 dny

    Sahi kaha bro, IPL Rewards Platform section pe har baar games bhi naye milte hain, BMW X3 ke raffle mei participate karne ka chance miss mat karo

  • @user-jh3cg9mv7g
    @user-jh3cg9mv7g Před měsícem +1

    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.

  • @robyr4131
    @robyr4131 Před měsícem

    Yes❤❤❤

  • @TheRealDeal333
    @TheRealDeal333 Před měsícem +1

    What year was this doc made ?

  • @rajeevsinha6304
    @rajeevsinha6304 Před 19 dny +1

    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.

  • @Fortnutterking
    @Fortnutterking Před 2 dny

    Diamond is basically a Strong Gem that will keep its value in Jewelry. But nowadays Lab Diamonds do the same wirh Stress Test. I personally do not value anything small and expensive. Once you lose it, you lose your investment. Gold is super expensive for the size and easy to lose as well.

  • @salahdinar162
    @salahdinar162 Před měsícem

    العمل اليدوي هو الحياة للمجتمعات..

  • @lilyaca27
    @lilyaca27 Před měsícem +1

    Assstivo de Lawrence Massachusetts.. que Dios te bendiga y as tus familia y familiares y amistades y a lós fan también ❤🎉🎉❤ 🇩🇴🇩🇴🇩🇴🇩🇴🇩🇴🙏🙏🙏🙏🙏🇩🇴🇩🇴🇩🇴🌬️🌪️ 3:18

  • @kenkelble358
    @kenkelble358 Před měsícem +1

    OHIO TEN MILE, TIFFIN RIVER..

  • @SnowTiger45
    @SnowTiger45 Před měsícem +2

    I was distracted a bit by a big, fat spider between the camera and the blonde lady @33:39 . I though for sure the spider was and lining up to and heading for the gap in her shirt !
    I didn't hear a word they said through that part.

  • @user-bi4uq6ro3c
    @user-bi4uq6ro3c Před měsícem +3

    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. 😡

    • @martist911wasits-not-real4
      @martist911wasits-not-real4 Před 23 dny

      They are the original alchemists. Turning essentially worthless elements into fortunes. It's in their blood.

  • @IansOddInterests
    @IansOddInterests Před 3 dny

    They can make virtually flawless diamonds in a laboratory almost indistinguishable from genuine ones without specialist equipment… so why are diamonds still so expensive?

  • @artifacthunter1472
    @artifacthunter1472 Před 14 dny

    Large quality diamonds and certain colors are very rare.

  • @jan_2022
    @jan_2022 Před měsícem +1

    I hope synthetic diamonds destroy the De Beers monopoly scam!😅

  • @jondoezodiac8355
    @jondoezodiac8355 Před 13 dny

    the first time i seen this it showed the ending with them in south america and lil bit of other things but only the first time after that they ending out for what ever reason

  • @junzheng254
    @junzheng254 Před měsícem +3

    The difference between natural diamond and lab diamond is same as the difference between ice in river and ice in refrigerator. 😁😂🤣😃😄😅😆

  • @mrt6349
    @mrt6349 Před měsícem +1

    25:45 10 million sounds like nothing can that number be right?

  • @jamesward5721
    @jamesward5721 Před 23 dny +1

    Shiny Tulips.

  • @fabiodeoliveiraribeiro1602
    @fabiodeoliveiraribeiro1602 Před měsícem +2

    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.

  • @user-rr1kq7xg5f
    @user-rr1kq7xg5f Před měsícem

    I have a small stone similar to these stones, but I did not know its type

  • @user-ir6fn6mq9l
    @user-ir6fn6mq9l Před měsícem +1

    Давно уже алмазы не являются такими дорогими

  • @grahamkennedy7221
    @grahamkennedy7221 Před 23 dny

    40:51 I love how awkward this guy with the machine gun is!

  • @seucongodocatimbo
    @seucongodocatimbo Před měsícem

    Brazil too

  • @ShaneShane1215
    @ShaneShane1215 Před měsícem +2

    Bam Margera, you're in the diamond business now?

  • @EsinZeynep-ql3ej
    @EsinZeynep-ql3ej Před 4 dny

    4RA games khel ke points bhi earn kar sakthe hai na bro IPL rewards section mein, har spin pe prizes jeetne ka chance hai

  • @raymondthomadwormald9621
    @raymondthomadwormald9621 Před měsícem

    Decent that

  • @GettheFouttahere74
    @GettheFouttahere74 Před 24 dny

    I can’t help but laugh and think of the film ‘snatch’ when watching this 😅

  • @m.oldani
    @m.oldani Před měsícem +1

    CZcams diamonds are cool too. Peace.

  • @AskaniBalochScandinevia
    @AskaniBalochScandinevia Před měsícem +1

    Africa richness goes in pocket rich Jews of Antwerp London and New York.

  • @mauromastroianni282
    @mauromastroianni282 Před měsícem

    C'è sangue dietro i diamanti.

  • @wambsganz8
    @wambsganz8 Před měsícem

    I see everyone uses the same florescent light

  • @user-ww9lw3bf3v
    @user-ww9lw3bf3v Před měsícem

    الفيديو الوحيد المدبلج للغة العربية !؟!؟

  • @fasilm7992
    @fasilm7992 Před 28 dny

    😍

  • @user-jd4oo3od7r
    @user-jd4oo3od7r Před měsícem

    Надо обесценнить снизить цену на камни в современном веке , много людей должны носить эти камни

  • @victorsalisbury3554
    @victorsalisbury3554 Před měsícem

    Demi Fine Jewelry Market Size Worth $6.5 Billion by 2030:
    Mar 13, 2023 - The market is projected to reach approximately USD 6.5 billion by 2030. Demi-fine jewellery is a category of jewelleryForbes: US Luxury Goods Retailers Can Expect over $5 Billion in ...
    Feb 7, 2023 - Of the nearly $26 billion, roughly 21% is forecast to be spent on jewellery, representing $5.5 billion. Clothing could fetch 19%, or around

  • @CoolGirl007
    @CoolGirl007 Před měsícem +3

    Diamond itself don't shine without cutting, it also have been used for laser blade

  • @EIbereth
    @EIbereth Před měsícem +2

    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.

  • @seina780
    @seina780 Před měsícem

    🙏

  • @Mclovin96X
    @Mclovin96X Před měsícem

    how old is this documentary ?? looks like mumbai 20 years ago

  • @kakaeriko
    @kakaeriko Před měsícem +1

    will dropping it really dent its value? are they the hardest ....?

    • @Angle86
      @Angle86 Před měsícem

      Diamonds is hard but its prone to chipping.. if u drop ,it can hit an angle and a part of the diamond can chip off easily n lose its value

  • @Treebronx
    @Treebronx Před měsícem

    Interesting yes a girls best friend is a big rock I heard that

  • @danehereford4458
    @danehereford4458 Před měsícem

    What determines the value?

    • @janetgray8638
      @janetgray8638 Před měsícem

      Mostly De Beers, they control most of the market.

  • @janetgray8638
    @janetgray8638 Před měsícem

    A very interesting documentary, however, since I am poor I’ll never own a decent size diamond. Considering how many billions of diamonds there are out there they should be cheap as chips. If you buy a good one, you’ll still only get about half what you paid if you want to sell it.

    • @Angle86
      @Angle86 Před měsícem

      Dear u can buy lab diamond..