Diamonds aren't forever? De Beers to cut supply!
De beers believes that the use of diamonds shouldn't be as much as it is used right now. They say that the diamonds should be on protection because it is really to get them because they only find them on on Russia and Africa on their mines. Now the diamonds are 5% sold and on 2016 the 16% will be sold so they will try to maintain the diamonds over the next years. There price will increase so people don't buy them as much.http://edition.cnn.com/2010/BUSINESS/04/25/diamonds.debeers.cut.ft/index.html?hpt=Sbin