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National Treasure
How the FUCK did he jump from an iron pen to the declaration of independence!?
Comments
By reading the back of the box, and realizing that the movie was about the declaration.
Because he's actually a kleptomaniac.
Because it's Nicolas Cage and a fun movie.
Man, I loved this movie when I was a kid.
Apparently there are ancient Olmec ruins beneath Mount Rushmore. I never would have guessed.
It's a double-win!
>Diamonds
>Valuable
>:-|
(sorry, pet peeve)
^
Exactly.
False economy, cartels etc.
My formatting on that post was really screwed up, and somehow I didn't notice until just now >.>
At that point, diamonds would no longer be valuable because they would no longer be a scarce resource
Technically, they're not valuable now. Just extremely overpriced.
No, actually, they're valuable in that the consumer is willing to pay this much for it.
They are considered this valuable because they are a very scarce commodity. It's estimated that only something like 350 tonnes of diamond has been mined over the entirety of recorded history to now, and less than half of that is actually gem-quality diamond.
They're a very scarce resource, and that's pretty much why they're considered valuable.
And they're purty.
very much so c:
http://en.wikipedia.org/wiki/Diamond#Production
^^No, they're not. They're like glass, but without as much shininess.
At least they aren't as fragile as glass.
No, they're significantly more so. They're hard to cut or scratch. You can break one with a hammer.
That wasn't my point. I was just expressing annoyance at the fact that people still consider diamonds valuable.
I find it funny how the source linked for that doesn't say anything about how much diamond is actually mined
From the next source:
Stuff about diamonds and Debeers.
Perhaps. But you'd think the source next to "Approximately 130,000,000 carats (26,000 kg) of diamonds are mined annually, with a total value of nearly US$9 billion, and about 100,000 kg (220,000 lb) are synthesized annually." would be the source to tell you that approximately 130,000,000 carats (26,000 kg) of diamonds are mined annually, with a total value of nearly US$9 billion, and about 100,000 kg (220,000 lb) are synthesized annually.
Regardless, you're not the first person to notice this. There's actually a term for it; the Paradox of Value, or the Diamond-Water Paradox.
Adam Smith wrote about this in An Inquiry into the Nature and Causes of the Wealth of Nations.
He wrote:
Consider on that a while.
Adam Smith wrote that before the discovery of the diamond mines in Africa and the creation of DeBeers. At the time, Diamonds were a scarce commodity.
I know.
I told you to consider it, man.
Value in Exchange refers to how much/many commodities could be traded for the product. This is a surprising amount, for diamonds, because the market value has been established.
I'm aware that diamonds have a large market value. I'm just extremely annoyed about it.
I'm not, because diamonds are pretty to look at, and in reality the greatest dangers to jewellery is cutting/scratching it, unless you're regularly in the habit of running into things with, say, your chest, with the equivalent force of a hammer,
I think even if it weren't overvalued it would be good for use in jewelry. There would just be more of it.