Chapter 120 Diamonds are worthless
Before Lin Yuan and his companions arrived, they saw the group of people fighting.

“Bang” sound.

Someone fired.

David and Tony quickly protected Lin Yuan in the middle and pulled him to the shelter nearby.

Paul cursed and greeted the other party’s whole family.

Just hunt for treasure, why shoot?

Henry didn’t find it strange. In the United States, people might pull out a gun to solve any small matter, not to mention discovering a treasure. It is normal to pull out a gun when you can’t grab it.

The audience in Lin Yuan’s live broadcast room exclaimed “Wow!”

Right.

This is America!

They were a little uncomfortable not hearing any gunshots in Lin Yuan’s live broadcast room every day.

It is still safer in China, and banning guns is the right thing to do. If China does not ban guns, it is hard to imagine how chaotic it will be, especially now that society is so violent.

“The American landscape.”

“This is authentic America.”

“Free America, shooting every day!”

……

David: “You guys stay here first, I’ll go over and take a look.”

“Be careful.”

David moved over carefully and soon reached the crowd, where he found that the guy who had fired the gun had been pinned to the ground and beaten. He was a black man.

Son of a bitch, this kind of garbage again.

David couldn’t help but stretch out his foot and kick it, then turned around and waved to Lin Yuan and the others, indicating that the danger had been lifted and they could come over without worry.

Lin Yuan and his friends walked over and found that except for the black man who was beaten, no one was injured.

After asking, I found out that the black man originally wanted to use the gun to seize the treasures, and the gun was not pointed at anyone at all. Is killing fun? The shooting was nothing more than to intimidate others.

However, now there are people who value money more than life, and they took away his gun on the spot.

Lin Yuan took a quick glance and immediately lost interest.

I saw that there were several boxes of diamonds.

To be honest, diamonds are only valuable in jewelry stores. Once you leave a jewelry store, almost no one is willing to buy them. This thing is different from other gems. Its reserves are actually very large.

Especially now that diamonds can be artificially synthesized.

Of course, it cannot be said that it is completely worthless. The factors that determine the value of a diamond are weight, color, clarity, and cut.

If the diamond weighs more than one carat, is crystal clear, and has exquisite cutting, the quality of the diamond is very good, and the recycling price of the diamond ring will be close to ten thousand yuan.

If the purpose is to preserve value, invest, etc., it is better to buy gold than diamonds.

Diamonds will only depreciate and it is difficult for them to appreciate.

Of course, if you only consider certain meanings, such as getting married, then it doesn’t matter.

“I heard diamonds are worthless now,” Henry whispered.

Lin Yuan smiled and said, “That depends on the specific situation. A diamond is still valuable. In addition, some rare species of diamonds, and high-quality natural diamonds, are still very valuable.”

This is undeniable.

“Isn’t it said that the reserves of this thing are huge? The reason why the price hasn’t collapsed is because capital controls the amount of mining.” Henry heard this.

That’s true. Diamonds are gemstones made of carbon. Diamonds are not rare in themselves, and the reserves of diamonds on Earth are quite large.

However, due to market manipulation by companies such as De Beers, diamonds are given labels of “rare” and “precious”, which keeps their prices high.

De Beers maintains high diamond prices by acquiring and controlling diamond mines around the world and limiting the market supply of diamonds.

In addition, the company successfully created a cultural phenomenon by linking diamonds with concepts such as love, commitment and eternity through extensive advertising, making diamonds a must-have item for proposals and marriages.

“It’s true that the reserves are large. Scientists have deduced that the diamond reserves inside the earth could reach trillions. However, these diamonds exist in ancient rock strata 160km underground. With the current development of technology, it is impossible to realize the idea of ​​reaching the interior of the earth,” said Lin Yuan.

In terms of reserves, diamonds are plentiful, with enough to circle the Earth at least 100 times. However, despite the staggering reserves, gem-quality diamonds only account for percent, and even less can be mined.

Therefore, it is unrealistic for the time being to expect natural diamonds to become very cheap.

“Of course, what you said about capital controlling mining volume in order to control prices is also correct.

If we want to collect and invest, we have to be cautious and choose some rare species, such as pink diamonds. “Lin Yuan continued.

Pink diamonds are the second rarest color in the colored diamond family. Only 0.001% of the diamonds mined each year are natural pink diamonds. Therefore, pink diamonds can be regarded as one of the rarest and most expensive treasures in the world today and have extremely high value.

It is said that its color is not caused by chemical reasons, but because of the misalignment of carbon atoms inside the diamond and the deformation of the internal crystal lattice, which makes it appear pink.

The price of pink diamonds has increased the most among all colored diamonds in the past 10 years.

A 4.59 carat fancy intense pink was sold for US$62 per carat, equivalent to RMB 383 million per carat.

At a Sotheby’s autumn jewelry auction, an 8.41 carat pear-shaped flawless vivid purple-pink diamond was sold for US$1777 million, equivalent to US$211 million per carat, or RMB 1 million per carat.

Horror!
The group of people were arguing about how to divide the diamonds.

They first eliminated Lin Yuan and other people who came later, and only the first group of people who came here were qualified to get a share of the pie.

“If you don’t want to divide it, then don’t divide it. Do you want to chase me away?” Paul was a little angry.

David had a gun on him and wanted to pull it out and force his way in. But after hearing Lin Yuan say that the diamonds were not worth much, he did not act rashly.

After all, they have guns too.

If Lin Yuan is hurt by mistake, it will be more trouble than gain.

“Let’s go! They are just broken diamonds, worthless.” Lin Yuan said with a smile when he saw David and the others looking back frequently.

After saying that, Lin Yuan looked at the person in front of him, who was also the one who was driven away.

“That person has something valuable in his hand.” Lin Yuan pointed.

Paul and the others looked over quickly.

“The iron box?” Paul asked.

Henry rolled his eyes: “Copper, right?”

“All the same.” Paul.

Everyone: “…”

Iron is similar to copper? Not even close, okay?

The price of copper is much higher than that of iron. I have seen people steal copper, but it is rare to see people stealing iron, right?

Lin Yuan nodded: “Yes! It’s that thing. Who of you will go?”

“I’ll do it.” Paul took the lead and went out as soon as he finished speaking.

After he followed, he did not get straight to the point, but first got to know them and chatted about this and that, and then he “accidentally” saw the copper box.

I don’t know what they said, but soon after, Paul succeeded.

Judging from his appearance, he didn’t seem to have spent any money.

(End of this chapter)