4/26/2010 5:30 PM ET |
Filed under: Jewelry
Ladies, if you want your man to commit now's your chance!
DeBeers, the world's largest diamond miner, believes the supply of diamonds is slowly but surely running out.
So that whole "diamonds are forever" spiel was a lie!?
And as if a supply shortage wasn't bad enough, diamond prices could rise 5% PER YEAR with diamond production holding steady at 40 million carats annually.
DeBeers' managing director explains:
"Diamonds are a treasure of nature that should be properly protected, because there will be less to sell. The reality is that supply cannot keep up, and that will become very accentuated over the next 15 years."
However, don't panic quite yet. If diamonds do happen to disappear, you can always take someone's remains or hair and turn it into a fat rock.
Either way, if he likes it he better put a ring on it and FAST!
[Image via Getty Images.]
Tags: debeers, diamond supply, diamonds