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Diamond sales collapse.

sovad

October 3, 2019
62 upvotes
/r/MGTOW

https://www.zerohedge.com/markets/global-diamond-glut-crashes-de-beers-september-sales

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Post Information
Title Diamond sales collapse.
Author

sovad

Upvotes 62
Comments 26
Date October 3, 2019 3:10 PM UTC
(6 years ago)
Subreddit Posted in /r/MGTOW
Original Link https://old.reddit.com/r/MGTOW/comments/dcs81l/diamond_sales_collapse/
Archive Link https://theredarchive.com/r/MGTOW/diamond-sales-collapse.651600
https://theredarchive.com/post/651600
Red Pill terms in post
MGTOW
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Comments

[–]TigPlaze78 points79 points80 points 6 years ago (10 children) | Copy Link

You mean spending three months salary to buy a rock is a bad deal?

[–]captainsaveahoe6928 points29 points30 points 6 years ago (1 child) | Copy Link

But she's worth it.

[–][deleted] 7 points8 points9 points 6 years ago (0 children) | Copy Link

But she's worth shit

FTFY

[–]Docbear6426 points27 points28 points 6 years ago (1 child) | Copy Link

The rock is just the entry cost .. . wait til you see what they spend on the party where the rock is officially gifted to the woman !

[–]massy52512 points13 points14 points 6 years ago (0 children) | Copy Link

The rock has always been nothing more than proof you are either a reliable beta billy or so rich you don't care. While the "too rich to care" is preferred it is too rare for most women to really think they will get it.

[–]fermentation-is-cool9 points10 points11 points 6 years ago (0 children) | Copy Link

Had no idea

[–]transcis9 points10 points11 points 6 years ago (0 children) | Copy Link

One can always sell it back for a tenth of retail price.

[–]panzerbier1 point2 points3 points 6 years ago (0 children) | Copy Link

Spending three months' salary means that even if you're super disciplined and save 50% of your income, you're slaving away for half a year just to buy the fucking ring. Then probably another half a year to pay for the wedding, for a grand total of one YEAR spent working just to marry.

How simps don't catch on that this whole deal isn't going to be about selfless, eternal love is beyond me.

[–]Nathaniel660 points1 point2 points 6 years ago (0 children) | Copy Link

I paid for a ring 1/3 of my salary, and i earn minimum possible wage. Hopefully she wasn't a gold digger.

[–]AeternusDoleo24 points25 points26 points 6 years ago (5 children) | Copy Link

While diamonds may be forever, diamond demand from consumers isn't... and that demand tends to collapse ahead of (and during) recessions.

Demand also tends to collapse ahead of (and during) the end of marriage as a concept. I suppose there'll be a niche use for "bling" purposes in... specific subcultures. But the times where a $10K+ ring is something your average guy is willing to shell out for, is over.

Heck, even if the bluepill guys would want to, they're up to their necks in college debt, they don't have that kind of money anymore. And the smart guys? They are buying homes, drones, bikes, cars and other things of practical value.

​

Face it, the ring-with-a-rock is part of the smashed patriarchy.

[–]RadicalAsceticMonk13 points14 points15 points 6 years ago (1 child) | Copy Link

The only person to ever gift rings and profit from it was Sauron.

[–]MuchIndependence3 points4 points5 points 6 years ago (1 child) | Copy Link

I suppose there'll be a niche use for "bling" purposes in... specific subcultures.

Diamond buttplugs?

[–]AeternusDoleo0 points1 point2 points 6 years ago (0 children) | Copy Link

Not what I was going for but... I suppose they do use diamonds in industrial drillbits too.

I'm going to go rinse my mind in the shower now.

[–]stillstandingsitdown1 point2 points3 points 6 years ago (0 children) | Copy Link

Come on it wasn't the patriarchy that instilled this tradition, it was clever and devious marketing and business.

If there ever was even a patriarchy it was long gone by the time this trend got started. I'm so happy it's tumbling down.

[–]MuleFool4222 points23 points24 points 6 years ago (2 children) | Copy Link

Diamonds are worthless. Biggest fraud ever.

[–]Malbek60413 points14 points15 points 6 years ago (1 child) | Copy Link

They have many industrial uses, so I wouldn't call them worthless. Spending money on them for adornment, now that's the useless fraud.

[–]MuleFool427 points8 points9 points 6 years ago (0 children) | Copy Link

Yes, this.

[–]z31fanatic13 points14 points15 points 6 years ago (0 children) | Copy Link

Good, hopefully this means the beginning of the end of this madness.

[–][deleted] 6 points7 points8 points 6 years ago (2 children) | Copy Link

I love it!

Here's a good short/puts play https://finance.yahoo.com/quote/SIG/

[–]sovad[S] 1 point2 points3 points 6 years ago (0 children) | Copy Link

it's dead cat bouncing

[–]DetourThisSociety0 points1 point2 points 6 years ago (0 children) | Copy Link

Awfully close to where it was at during the last financial disaster. I love it.

[–]lonewolfsigmamgtow4 points5 points6 points 6 years ago (0 children) | Copy Link

Why not ? Afterall, MGTOW is not putting a ring on that XX chromosome anyways.

[–]HumanzDisgustMe3 points4 points5 points 6 years ago (0 children) | Copy Link

Even Jared is sick of these thots.

[–]burndemdems1 point2 points3 points 6 years ago (0 children) | Copy Link

don't assume diamond sales equates to marriages. People could still be getting married with simple rings, or no ring at all. or still cohabitating. trendy types probably think its cool to get married without a ring. but what do i know

[–]Global_MGTOW1 point2 points3 points 6 years ago (0 children) | Copy Link

Good, both the idea and practice of buying over inflated shiny rocks is retarded.

[–][deleted] 0 points1 point2 points 6 years ago (0 children) | Copy Link

David’s Bridal is bankrupt.

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