Last night on my regular Friday Night Movie night we tripped across a movie we normally wouldn’t have watched, but ended up enjoying a great deal. The movie was Blood Diamond and it is a dramatization about a family, a huge diamond, the Diamond Cartel and the violent world that the Bling on your Ring can come from.
Diamonds have no intrinsic value, other than as an industrial abrasive and a few other industrial roles (being the hardest substance on earth), yet we are supposed to spend at least 3 months (gross) salary to buy one, to show someone we love, just how much we love them. A very interesting personal finance issue.
Anybody thinking of buying a diamond, I would suggest watching Blood Diamond (I rented it from the Ottawa Public Library) and this interesting documentary too.
I must warn you gentle reader both the Dramatization and this very graphic video does have scenes and photos that are very disturbing, and should not be viewed by younger folks.