[ale] RHEL-6.1 system with 4 CPU sockets and 1TB of memory
david w. millians
millia at panix.com
Thu Jan 12 13:55:01 EST 2012
On 1/12/2012 12:34 PM, Jim Kinney wrote:
> On Thu, Jan 12, 2012 at 11:15 AM, david w. millians <millia at panix.com
> <mailto:millia at panix.com>> wrote:
>
> On 1/11/2012 1:32 PM, Michael H. Warfield wrote:
> >> She's a geologist and knows the true value of diamonds (nearly
> as common as
> >> sand) so I'm off the hook for that :-)
> > No joke. If it wasn't for some crazy monopolies (DeBeers) diamonds
> > would be about $5 a caret.
> Citation? I've heard this, but can't find any documentation for it. I do
> know that modern manufacturing methods mean that large carat stones
> *are* rare, and that stones like the Koh-i-noor will never happen again.
> http://en.wikipedia.org/wiki/De_Beers
> http://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-to-sell-a-diamond/4575/
> http://money.cnn.com/magazines/fortune/fortune_archive/2001/02/19/296863/index.htm
> http://are.berkeley.edu/~sberto/DeBeersDiamondIndustry.pdf
Right, I know DeBeers is evil. I understood that already. I was
referring that actual $5 a carat figure. I know their prices are driven
up, but I also know that, as in the Atlantic article, investment-grade
diamonds of great clarity and color are truly rare. And I knew that
man-made diamonds, including the new yellow ones, are indistinguishable
from the natural ones, and that would depress prices. But I can't find
any economic analysis that says that were the monopoly to disappear that
we'd be able to buy a 5 carat brilliant cut for $25.
This is one of those 'facts' that pops up every now and then that raises
my taurocoprometer, and Snopes and 15 mins. of googling last month
didn't show me anything about it. Of course, knowing Google and irony,
when I look this evening, I have no doubt it'll pop right up.
Oh, and 1tb of memory is a pretty amazing thing. Yowza. :)
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