I Don't Know About That - Diamonds

Episode Date: November 22, 2022

Expert Matteo Sharma (@thepebblemerchant) reveals that IDKAT group doesn't know as much about diamonds as they thought they did. Our merch store is now live! Go to idontknowaboutthat.com for shirts, hoodies, mugs, and more! Subscribe to our Patreon at patreon.com/IDKAT for ad free episodes, bonus episodes, and more exclusive perks! Tiers start at just $2! Go to JimJefferies.com to buy tickets to Jim's upcoming tour, The Moist Tour.See omnystudio.com/listener for privacy information.

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Maballon Podcast, strange, dark and mysterious stories in the Amazon Music app. Download the app today. Pizza. Pie. Download the app today. Pizza. Pie. They're fucking different. Stop calling pies pizza. You won't learn anything about that. I don't know about that.

We're Jim Jefferies. Pet hate of mine is when Americans call pizza pie. I think I accidentally talked over at the beginning, but you'll get over it. I can cut your mic out. That's all right. Oh, well, geez, that's rude. Not nice.

Cut my mic out. How are we all today? We're all doing good. The sun's shining. It's another perfect day. We live in L.A. Do-do-do-do-do-do-do-do-do-do-do. That was his big song,'t it his big song who was that randy newman and then he went you got a friend of me he did all that folksy type of pixari stuff but he was the i

love la guy i love it i tell you when i when we win the baseball and you hear that... It's the best. He's not a good singer, though. Yeah. But it's unique. Who's the worst singer, him or Bruce Springsteen? Bruce Springsteen's a bad singer. It's terrible. But you hate Bruce.

He gets the emotion through. That's unique. It's interesting. It's a sound. I can get emotion through. It doesn't mean I should interesting. It's a sound. I can get emotion through. It doesn't mean I should be singing. Yeah, but there's people who are arguably bad singers, but they've got something going on with their voice.

Oh, no. Like, Liam Gallagher's not essentially a great singer, but he's got a voice to him that's unique. Elvis was a good singer. He could sing. For sure. Dog's training. Arnie's hacking up a lung right now.

I'm so distracted. Hey, hey, hey. What's going on there? What are you doing? I think he's going to talk to me. Got something in his throat. He's dying? Yeah.

He just wants attention. Anyone had anything exciting happen this week before we start the podcast? I didn't particularly. I've just recorded my special. Don't you to promote um some stuff oh yeah hey big europe tours happening i'm doing a month in the uk and i'm going to have two of my best buds opening up for me amazing comics andrew maxwell and glenn wall comics who are arguably better than me. So come along. Bonus comedy.

Yeah, come along and watch that, and then you might stay for me. So that starts, it's on your website, and that starts in March 8th in Glasgow and goes to a bunch of cities. We're doing the whole lot. We're doing all of Asia. We have Asia first. That's coming up starting December 5th. I'm going to start doing less stand-up.

And so I've started booking all the cities that I've never been to coming up in December starting December 5th I'm going to start doing less stand up if you know and so I've started booking all the cities that I've never been to that I want to start doing you know what I mean

yeah so you have the Asia tour December 5th or the 18th that's on your website going to Korea Taipei Tokyo Bangkok

Kuala Lumpur Singapore Jakarta Dimpinzar and I haven't written the show yet but I assume it will be good

come on you've got a couple other shows in the States and then you've got that tour starting on March 8th in Glasgow. And then I'm going to bring Forrest out to Europe. We're going to do all the things, because Forrest has dreamed since a child of going to Iceland,

and who am I to take away childhood dreams? That's the very end of the tour. Yeah, that'll be fun to go to Reykjavik there, and I can meet Bjork. He wants to meet some blonde woman who believes in fairies. Well, you can meet them in L.A. too. Yeah, but not a real one that goes, mew, woo, woo, like that.

That's what you've got to meet a girl. That's going to be Forrest's new girlfriend, this woman from Iceland who just goes, fairy time, like that. What's that song from that movie? Yeah, yeah, ding dong. My love for you is going wide and strong. Like that. What's that song from that movie? Ya Ya Ding Dong. Ding Dong. My love for you is going wide and strong.

Ya Ya Ding Dong. Ya Ya Ding Dong. People hated Eurovision. I loved that movie. I loved that movie. I thought it was one of Will Ferrell's best films. I watched it three or four times. That's wild.

You and I have had different experiences. Yeah, i did not i loved that movie because it reminded me of when i lived in britain and you'd meet people from that part of the world and the i used to watch that eurovision song contest and there's always some song whenever you go to countries like that there'll be some oompa band and everyone gets up and clings glasses i don't have big pints and you're like what is this dumb ass fucking song right but that yeah yeah ding dong is a classic type of i do know that my i have some friends who loved it because they're big eurovision fans yeah so i think if you watch your vision you understand what's being lampooned otherwise i'm

yeah i don't get them yeah i think will farrell's documentary for jim swedish yeah confusing yeah will farrell got it because his wife is from there. So he's been watching it. But I used to love watching the Eurovision because all the bits would get all excited. Maybe this is our year. And you're like, what the fuck do you care for? The last time they won was a band called Buck Fizz.

What? Buck Fizz was the last band from Britain to win the Eurovision Song Contest. When was this? For making my mind up. And they did a for making my mind up. That was the song that won.

But there was a move in Buck Fizz. There was a couple of guys, a couple of girls. It was the ABBA model, right? And the women would wear skirts and then they'd swing and the guys would grab the skirts. It'd be like a Velcro reveal and they'd have Lilla skirts underneath. Find me Buck Fizz skirt dance, Jack.

I'm looking at all the winners. I don't even know any of these people. Why can't you do that now? The computer's over there. Like some of them, Katrina and the Waves, I've heard of them. ABBA. I know ABBA, obviously. ABBA went on Eurovision and they sang Waterloo.

I think ABBA just dropped a new song. They dropped a new album. Wow. Celine Dion won it one year. Oh. But it says she's from Switzerland. No, it would be the same Celine. I don't think she's from here. I think it would be the same Celine Dion. Yeah, actually, I don't think she's from here.

I think she actually is from a different country. I thought she was Canadian. She's French-Canadian, but she might have a bit of Swiss in her so she could enter in. I thought she was from somewhere more wild. Secret Garden? Is that somewhere?

No, you're thinking of Savage Garden. Savage Garden. Secret Garden's a musical. But now, for some reason... Oh, there's Bucks Fizz in 1981 yeah put bucks fizz that was i don't think we're allowed to play him there was no there was a big debate because some of the members of buck fizz broke away and they had a big law debate over who's playing who was buck fizz but who would care about that like nobody goes on except for like a couple of people here no one

goes on to do shit from this. Yeah, but it's nice. It's just fun. I liked the movie. I thought it was funny. Sometimes they'd get a couple of kids from Liverpool that had written a song, and Britain would just throw them out there. But the British always do badly

because the rest of Europe don't really include them, and they give bad votes to the Brits. Yeah. Who's the judging body of it? Oh, it's people from every continent. I think you get two judges from each country that get to have it put in there a little bit. You're not allowed to vote for yourself.

Yeah. Okay. Yeah. Anyways, you can see all the dates on jimjeffries.com. There's all the dates for Asia. Also, Asia's coming up. Asia's coming up. Yeah, that's what I said. I mentioned Asia's coming up. So there's all the dates for asia asia's coming up yeah that's what i said i mentioned asia is coming up so there's all the dates for asia those are the dates for asia there's a couple

dates in sydney even australia i was just going to be in sydney for christmas i'm doing the game show so i i put in a couple of dates in sydney and i think they're all but sold out there's like 200 tickets we added a show 200 tickets left for the last show you got some dates in vegas and i got some dates in vegas February. I got some dates in Vegas. I wanted to wind down not doing so much stand-up because I'd like to see my family. Who? Never heard of them.

That has not worked out. My agents just mock me when I go, hey, can we put less dates in? Nah, you'll be right. I haven't written a show yet. You always come out with something. How about a two-month consecutive tour? Yeah, yeah.

We have a lot of faith in you. Look, I've always come through. Yeah. You'll be all right. And then you have the UK tour and then the Europe tour. It's called the Give Them What They Want Tour. Yes.

That's what we call it. I wanted to go poo on a stick, but it didn't get through. The powers that be. Weird. Yeah, I wanted to go to shits and, but it didn't get through. The powers that be. Yeah, I wanted to go to shits and gigs. That did not get through either. Yeah. And then give them what they want.

Give them what they want. That's a solid name. If you come to this show, you can yell it out once, not twice. Well, give them what they want. Almost like you could do the greatest sets. Well, I was thinking on this tour of know an hour of new and then maybe even doing gun control like closing out and doing gun control because i get requested so much to do it and uh i haven't done it since it's my most famous routine and um yeah i might remember

there was one i'm a little old to be dragging myself along the ground as oscar pastorius i don't know if I'll get back up. There was one Australia tour where that was like, I remember Andrew was like tinkering with that, where you'd like take suggestions or something. Yeah, yeah. You'd have to memorize, you'd have to redo. I don't know if you'd know how to do all those jokes.

You'd have to go back and watch. I'd have to do it. I'd have to watch it again. I'm also in the middle of that tour uh and it's not been announced yet but i'm coming i have to do i'm doing a festival thing in australia uh in the like i have three days off in europe which was to relax england i think right yeah in england and i'll be flying back to australia for 12 hours is it a comedy festival or is it a music festival that you're doing comedy at

I don't know does it matter he's getting money to the days to the days you have to relax you have to fly to Australia from London

yeah easy longest flight on earth no problem economy center seat no no no they're getting me a nice ticket

yeah I'll be alright but I'll be a bulkhead. Yeah, I'll be all right. Nice bulkhead seat. I'll be a bulkhead, yeah. And so I'll fly back, I'll do the gig, and I'll get back on the plane again. I've been practicing game showing at home by myself because I've got to get ready for the game show.

So I start talking to my wife like I'm a game show host. I'm sure she's loving that. Try it on Forrest right now. So, Forrest, you're here for the night. Are you enjoying the show so far? Do you think you'll win? I hope so. I've got a lot of bills.

So what do you think your strengths are? What questions are your strengths, Forrest? Food. Food. Yeah. Now, this is the problem with being a game show. I've got to keep it light. I can't go.

I can't look at forrest at this moment go that tracks do not roast the contestants i bet you're happy that this game show is seated yeah so what would you say food i'd go food what's your favorite food forest uh and all of it's not an answer for us wrong answer pizza ah pizza i once had a nice pizza moving along now kelly kelly kelly where are you from what do you do um i'm from chicago and uh i am a nanny this is why this is why it's this is why it's more fun to talk to real comedians. See, you're from Chicago. It's cold in the winter.

What made you move here to Los Angeles? I wanted to not be suicidal anymore. Right. Did that help? No. Well, maybe you'll win some money here right did that help no well maybe you'll win some money here and so you can give it to those kids that you take care of

after you kill yourself alright moving on young man hey I thought we had an age limit or a height limit on this ride what's your name sir where are you from I'm Jack I'm from Atlanta what do you want to be when you grow up Jack well you know I'm 27 right now 27 you got that Oh, Jack from Atlanta. What do you want to be when you grow up, Jack? Well, you know, I'm 27 right now, but...

27? You got that Gary Coleman growth thing? What's going on there? I feel like I'm an average height. Yeah, but you're seated. I can't really tell. Your face makes you look like you're four foot tall. Is this a little scrunchy? What was your question? I've already forgotten. What do you want to be when you grow up, Jack? Firefighter. You want to be a firefighter? What? Well, you're one of the few people be when you grow up, Jack? Firefighter. You want to be a firefighter? What?

Well, you're one of the few people that if you get burnt, your looks won't change. Okay, so. I thought you weren't supposed to roast the guests. Well, that wasn't actual roasting. You haven't done Arnie. Yeah, I'm not going to be good at this. I'll try not to talk in the way.

It's like I was watching the first draft of my new special and like I'm getting more and more old man-y on stage. I'm like, if you watch me from my first special to now, it's like I'm being drawn by Charles Schultz. You know what I mean? The guy who drew the peanuts. Yeah. They all sort of had wobbly heads.

There's a dirt cloud around here? Yeah. I come out like my face is no longer in 4G. You can put it all. 4G. 4K. 4K. Bloody kids and their technology.

Eating well. Okay, please welcome our our guest Matteo Sharma G'day Matteo now it's time to play yes though yes though yes though yes though

judging a book by its cover is it Star Wars? no oh there's a Star Wars book in the background I didn't want you to do Star Wars yeah he has a little little looks like a there's golf there's a Star Wars book in the background. I didn't want you to do Star Wars. Yeah, he has a little, looks like a...

There's a golf bag and there's some whiskey. Lots of things. And there's some coral. A lot of things going on. We did coral reef there. In the middle box, it seems to be like God glowing out of there. I don't know what that is. Okay, is it...

Is it... Have you written books, sir? Have I written books? No, I haven't. No, you haven't. Okay. Is it about science? Are we doing something on science?

It's science related, but I'm not here to talk about science. Oh, he's not here to talk about science. Let's remind her um is it entertainment no no you have a strong opinion on it yeah the rights of animals what's your opinion on that some of them some of them i do some of them i don't like bugs i don't. Like bugs.

I don't give a fuck if I kill a bug. Something you've bought before? Something I've bought before? Is it a house? Nope. Bride? What? You don't know.

Close to a bride. You don't know everything about me. You don't know my life back in the day. You went off on a rant a couple weeks ago about this. Bride related. Is it a bride related? Yeah. Diamonds. Yeah. Yep, yep, yep. I've got a lot weeks ago about this. Bride related. Is it a bride related? Yeah. Diamonds.

Yeah. Yep, yep, yep. I've got a lot of opinions on diamonds. That's what we're talking about. Yeah. Mateo Sharma currently works as a South Europe manager for a large multinational diamond and gemstones mining and manufacturing corporation.

He also works as a college professor lecturing specifically about family businesses and their economical dynamics. I think I said that word wrong. Economical. Yeah, that's right. You can find him on Instagram at ThePebbleMerchant. And Mateo, tell us a little bit about yourself and diamonds. Well, up to 10 years ago, I didn't do nothing slightly related to diamonds.

In fact, I studied philosophy and I was doing a thesis in social economy. And at that time, 20 years ago, one of the less social economies that you could find were diamonds. And then I got involved into what the diamond trade worked and how the diamond uh business worked and then uh i got i started working for a diamond company and that's how i got involved with diamond trading business all right i have a lot of theories on diamonds they should be cheap because they last forever like why are they expensive they last forever. Like, why are they expensive? They last forever. Like, why do women need new diamonds all the time? Why do they always need a new diamond?

We should have secondhand diamonds because they don't change and they last forever. If cars were unbreakable and they lasted forever, the car market would be in the shit. The cars wouldn't be getting more expensive. How has this diamond racket happened? We're going out did you want to answer okay well uh did you want an answer now i will i'll get it eventually you guys give me some questions okay i'm gonna ask him some questions about diamonds he's gonna answer uh and then after that you're gonna grade him on his on his answers

on accuracy zero through ten ten's the best kelly's to grade him on his answers, on accuracy. Zero through 10, 10 is the best. Kelly's going to grade him on confidence. I'm going to grade him on et cetera. We'll add those all together. If you get 21 through 30, die mons. 11 through 20, live mons. You doing a Jamaican thing? Zero through 10, yeah, mons. That was perfect. he called you out

spent a lot of time on that yeah yeah you're not even that much into weed I was you're not anti I used to be really in the weed yeah but not at the moment

it's not about weed this episode right already did that episode what does the word diamond mean it's the not what is a. What does the word diamond mean? Not what is a diamond. What does the word diamond mean? Yeah, yeah.

It's the second highest status you can have on Delta. I think it's the highest. Does it mean platinum? Yeah, it's the highest. Yeah, it's the highest status you can have on Delta. Okay, that's what you're going with? Yeah. Diamonds die.

And then mons. Yeah. Good. Yeah. Die. On almonds. Like diagram. what you're going with yeah uh diamonds die and then mons yeah good yeah die on almonds like diagram yep yeah means a cut rock of strength okay what are diamonds made of diamond man uh they're they're diamonds uh if if superman 3 leads me to believe this is correct it's coal that has been under extreme pressure

for thousands of years so what's coal made of what is that made of fucking the ground man what are the four C's of diamonds then you go what's coal made of and I'll say that. You go,

how do you make that? And then we got to go all the way back to air. There's an element. There's an element. Yeah. God. Carbon. That's correct. Carbon.

Yeah. Look, I got you. I got your point there. Yeah. Being persistent. Carbon. Yeah.

What are the four C's of diamonds? The four C's. Yeah. The four C's of diamonds. C's, the letter C. Yeah. What are the four C's? Cl four c's of diamonds he's a letter c yeah the four c's clarity yeah cut yeah uh clearness that's more clarity in it yeah clarity cut, and clearness. Okay. What C is considered the most important? Carrot.

Oh, clarity. Yeah? Yeah, clarity. Because it's like if you're, the carrot is how big it is. This is what I'm debating. The carrot is how big it is. The clarity is what big it is. This is what I'm debating. The carrot is how big it is. The clarity is what grade it is. It's like my wife's diamond has, in her ring,

has the smallest floor that if you look and you put a thing up at your eye, you can actually see it. And if it didn't have that floor, it'd be worth $10,000 more type of thing. Yeah, that's the thing too about diamonds. From here, they're like, oh, it's beautiful. And then if you're like, oh, there's a flaw.

And you can't see it unless you do that and people are like piece of yeah so yeah so i i would say i would say clarity can diamonds be scratched uh only by another diamond okay where are diamonds found um all over the world, in the ground. But where, like any specific areas? The north of Canada, up where it snows. In Africa, in Sierra Leone. In Australia, there's many diamonds. There's diamonds across Africa and across Australia. And I don't believe there's any diamonds in much of Europe,

but I might be wrong. And how old are natural diamonds? I'm going to say like a million years. A million years, okay. How big was the world's largest diamond and where was it found? It was the Hope Diamond. And the Hope dial and I think was found in Africa and it's the size of a cricket ball okay where are most

diamond deposits found this kind of a similar question I think I think the other question I was asking like what kind of like areas is it found like deserts or this or that so Oscar because you said the regions and that was this question so so is it like a desert or a forest or like desolate areas but it can be something that's snowed on it's not like foresty type areas but you can find them in like farmland as well in australia okay there's diamond mines in a place called parks which was just all fucking there to breed sheep before that so it doesn't have to be desertless as such but i don't think it's rich lands like forests or or i don't think you find them in in rainforests or anything like that all right what is the most popular cut of diamond uh princess cut okay what is the difference between cubic zirconia and diamond cubic zirconia is a fake diamond there's a stand the the genetic

compound of the diamond i think cubic zir zirconia is all but glass. Glass? Well, I don't think it's something. It's like plastic or glass. It's like a... It's a bullshit diamond. But... Oh, sorry.

But I believe they have the technology or they're very close to having the technology to being able to make diamonds now. Okay. And so that's going to throw a whole spanner in the works because they're going to be just as good as diamonds. What is a CVD diamond? A CVD.

Yeah. CVD. If you know what that stands for, maybe you'll help. CVD. Don't know. Yeah. It's one you buy at CVS. What is the Kimberly Protocol process?

The Kimberly Protocol process. The Kimberly Process or the Kimberly Protocol. what is the kimberly protocol process uh the kimberly protocol process kimberly process or the kimberly kimberly protocol that's where it's not a blood diamond it's where you get the diamond and you do it without slaves and shit yeah yeah how do you do that you just do it nice pay everyone okay just do it nice please get the diamonds how many facets are in most diamonds? It's like 28. 28. What colors can diamonds come in? Name them.

You can have yellow diamonds, clear diamonds, pink diamonds, blue diamonds, and that's all I've got okay what is the quote ideal cut I think the princess cut you don't want the princess cut I don't even know what that is yeah I

look I think that's I think that's just like the rare one or the square my wife has an oval cut to hers you know when was the diamond engagement ring trend started and by whom That's just like the rare one or the square one. My wife has an oval cut to hers. You know? When was the diamond engagement ring trend started and by whom?

I've heard about this once. It was, as usual, it was some marketing company, the same thing with like Valentine's Day or anything like that, where all of a sudden you said, if you get engaged, I want to have a diamond ring. Now, back during the Civil War, that wasn't a real thing to have a diamond ring. But if you watch Gone with the Wind, Scarlett O'Hara actually goes,

and I want an engagement ring and I want it to be a diamond. And he's like, a diamond? Okay, you want a diamond? Like that, right? So that movie was in, what years was the Civil War? 1870 or something? 1800s,, like that, right? So that movie was in, what years was the Civil War? 1870 or something? 1800s, yeah. Yeah, right?

So I'm going to say around the 1880s was when diamond rings became like the standard. Okay. And then in Asia, it only became the standard like in the 90s. Like it was just like people were like, hey, you want to have a be like that they started the diamond people started to work their way through asia yeah america buys what percentage of all diamonds mined in the world 25 okay and last question blank percentage of

all diamonds mined are not used in jewelry um i would say uh 42 42 yeah they're used to make cutting tools and stuff like that the diamond headed stuff like if you get diamond fragments and stuff it's still the strongest material on earth okay but it's not like gonna be hanging around your neck 42 um and 42 of all diamonds are used to dress Lisa Vanderpump. Wow. So 42% are not used for jewelry and then 42% for Lisa. I've seen some diamonds on that lady. 84%.

16% are used to jewelry. Every time I hang out with Lisa, I'm like, fuck me, that's a big diamond, Lisa. Matteo, how did Jim do in his knowledge of diamonds? 0 to 10. 10's the best. Honestly, quite. He didn't do bad at all because people usually know poco about diamonds, so he didn't do bad at all because because because people usually know about diamond so he didn't do bad at all i'd say about a seven seven all right seven yeah how are you doing

i was also going to give him a seven oh 14 well i wanted to give you a yum on but uh i'll just give you a 10 so you're diamond i mean man i i i look i shopped for one of these yeah I know I did a bit of research yeah you I know you had to buy well I got a Canadian diamond because my wife was so particular about the blood diamonds on so stuff and then we found out Canadian diamonds and I did you know you might not know this is the day he found the first diamond in Canada in the 90s like that's crazy to me yeah bloody Canadians they couldn't find that bloody

are you sure they don't have me they weren't looking they can only mine them like one or two months out of the year it would be funny if they were

blood diamonds in Canada it's right up well I'm sure there's some Inuits who have been moved along no I don't know this I meant like a

like a Canadian like JJ or somebody that we know that was like oh man yeah really sorry. A blood diamond in Canada is because, hey,

I pulled one out of the ground and it cut my finger, man. What does the word diamond mean? Jim said highest status you can have on Delta, but also like diagram, cut rock with strength. Cut rock with strength. I mean, it is a difficult question in fact if i'm being honest i didn't even know what was what the real word meant it's it's derived from the greek uh from a greek word and the greek word is adamas and it translates to english as

invincible or unbreakable yeah i wasn't yeah you did a really good job of coming close. Yeah, I wasn't far off. Meaning-wise, at least. You didn't say diagram, though. Yeah. Okay, all right. And what are diamonds made of? See, I helped you out here.

You ended up saying carbon, coal under extreme pressure. Is that how diamonds are made, basically? Yeah, in fact, I gave you a point, because diamonds, it isn't basically coal, but it is carbon. And when you subject carbon as a non-metallic element from the other table, here's the science that we're going to talk about. And when you subject carbon to extreme pressures and extreme temperatures, it crystallizes, and it creates a mesh uh that that mesh the name of the mesh is a lattice mesh um and then you get you get a diamond right so yeah it is basically

the fantastic movie superman 3 richard pryor right so in superman 3 i've seen it i don't know yeah but he has to get it so superman has to get a diamond for some bird probably lois lane oh he's got another bird in that film. He fucks off Lois Lane in that movie. Anyway, so he picks up a bit of coal and then he just squeezes it because I don't know if you know about Superman, super strong. And he squeezes it really hard and then he opens up his hand and there's a diamond.

But the diamond's already like cut. But then I'm also thinking, why is he fucking around fucking around right working at that bloody newspaper if he can just make diamonds cover yeah but he become a diamond dealer he's got to stay on top of the news well yeah i guess it would just come out as a raw diamond then you have to take it somewhere and get a cut yeah no he just no he bought it until he gets to the perfect facets did you see that movie uncut gems mateo yeah in fact yeah in fact i haven't seen for instance i haven't seen like the the one with uh leonardo di caprio what's the name uh yeah diamonds blood diamond yeah but diamonds i haven't

seen that but i've seen the um uncut gems yeah. Uncut Gem. The thing about Uncut Gem, and I thought Adam Sandler was terrific in that film. The thing is, he opens it up and he's like this, oh, it's an opal. Like that, right? No, I thought that was a diamond. Isn't that? No, it's an opal. An opal. An opal he's dealing with.

In Australia. Big fucking deal. Oh, I thought that was like a diamond or something. No, no, it was a big opal. Oh, okay. Yeah, it was a big opal. Yeah no it was a big opal okay it was a black opal though the thing you you guys in australia have a lot of pink opals and fire opals like like literally like the grand spits them up we we eat them as breakfast cereal we got so many yeah i guess um but the one in the movie was a black opal which is a is a particular

like strange opal but yeah well the funny thing about opals is because we've got tons of them in Australia and you can buy them at a huge fraction

of the price just even at duty free stores in Australia and stuff like that but in the end it's like every time I've brought a girl back to Australia

and I'm going oh if you want an opal they always think it's old lady jewellery opals and so they don't want them that's what I would think thank you all right so sorry funny sorry funny story opals are considered for instance in india opals are considered um to be like an unlucky gem

therefore you you won't you won't see a lot of indians um handling or or wearing opal because they they think it not all not all of them but they think it is an unlucky gem that might bring misfortune that's why she didn't want one my wife's indian i should okay i think i figured um what are the four c's of diamonds you almost got it jim i guess you didn't get this one i got close tell him matthew yeah i mean it's it's clarity carrot cut and color color so yeah i don't see color you see yeah but you can say it you can still say it um and then the different we'll jump ahead to that real quick the different different colors. This is crazy. You hit some of them. You said yellow, clear, pink, blue.

But there's a bunch of other ones too, right? Turquoise. Yeah. No, there's no turquoise. Purple. But you've got brown, you've got black. There are a lot of colors. I think it's like 12 colors.

Brown diamond. I know you said there's brown diamonds. That's got to be the worst one oh no they're a nice brown diamond they're a nice little shimmer to them yeah i know those ones they're a very light brown they're not like poo brown yeah but black diamond like but then you but you don't want to show that off then right there i don't know i've never seen anyone but i'm looking at it now they look like more like a caramel the brown yeah but but no one thinks it's a diamond i'm looking at it right now it just

looks like it's another stone i don't know but the ones that are worse than most are just the clear ones right no it depends a pink one for the they're very expensive those pink ones they sell them at tiffany's and it's like that's another step above because i would do a black diamond obviously okay and then which she is considered the most important jim said clarity They sell them at Tiffany's and it's like, that's another step above because... I would do a black diamond, obviously. Okay. And then which C is considered the most important? Jim said clarity. Historically, clarity has been the first C or the most important C

because at the end of the day, when you have a diamond, the most important thing is that the refractive properties of the diamond refract light and sparkle and so on. And that depends depends on the card but it mainly depends on the clarity because it's like the ability of a human to see through through through the rock and see the light refract through the rock however um as as time goes by uh carrot has been the bigger c and nowadays people tend have a tendency of buying bigger rocks, which are a bit flashier. And they compromise, unless they're mind-bogglingly rich,

they compromise on the clarity or the cut or whatever. And they buy bigger rocks. Yeah. I tell you what, like, so I got my wife's engagement ring at Tiffany's and they have a thing with Tiffany's that if you bring in one of their rings,

they'll clean it for you, right? It doesn't matter where you are in the world. And they don't need to see a receipt. They know it's one of their rings and they'll just clean it for you. And I tell you what, like, every time she gets it clean, it's like sparkling and all this type of stuff for like two days. And then you get a couple of fingerprints and the thing's fucked again. you know it's a lot of maintenance on a diamond here's my thing is like if if you ever bring in a diamond or something to look at it i don't know what you're looking at

i know you're looking at clarity that's not but i would just have to take your word for it because because i was like oh yeah there's a thing there they give you they give you a certificate yeah with all your different things. Yeah, but I just have to take your word for it. You could just lie to me. Yeah, I mean, they very easily could be just scam artists. Yeah, yeah. What about things like, so I've got,

I have a watch that has a couple of little tiny diamond fragments in it, right? What do they call them? Boutons or something? Boutons? Yeah, boutons. Boutons, right? And I got some boutons in it. What the fuck fuck's that is that just someone chipping off an ugly diamond or is or possibly quite possibly yeah right right so you get like that's like when you go to a sushi

restaurant and the spicy tuna is all the shit bits of tuna they just blend it up put some sauce on it they're like spicy tuna you're like this is asshole tuna asshole i'm eating here well if you're yeah yeah but yeah basically that it's it's exactly that yes you got the asshole of the diamond in your watch not not the asshole of the diamond but when you cut a diamond i mean diamond cutting has i mean we it's surprisingly complex now they have very specific software and so on and uh but when you you have a diamond then you have the rough of the diamond the one you the one you extracted literally from the earth and you and you you make a 3d model like a software program makes a 3d model and then uh they put inside that 3d model the the some parameters and there they

take out the best cut the best um shape for the clarity and for uh for this four c's however that may not be as um efficient with the material you're losing. Therefore, they use that material in order to do other stuff because if not, you're losing value for your money. You're losing buck for your, yeah. Okay. And that's why they sprinkle them in like in watches and like little.

Yeah, yeah. Because when they cut the diamond down, there's got to be off cuts. Yeah, yeah. Just put that out there. Yeah, yeah, yeah. Just throw that over there. Asshole stuff.

Yeah, yeah, yeah. Asshole stuff. No, no, no. There's got to be a better name for it what is it called boutons boutons are the straight ones

the butt the butt the butt of the diamond yeah boutons boutons okay they're not worth very much a bouton

yeah like it doesn't cost extra that much they put them on the ring whenever you see a championship ring for like a basketball team or a football team

oh yeah they're like it's encrusted with 500 diamonds you're like those aren't yeah yeah no no super bowl rings are off cuts all day super bowls is like what do you got in the shop i got this stuff at the back of me drawer i just cut this really nice diamond like yeah but it would surprise you but super bowl rings are really expensive and they use really high-end quality diamonds. Really?

I shit you not. They use really good quality diamonds. And one may think, I mean, I'm obviously not American, so I think that they don't use really good diamonds, but they do. They actually do because it's like something that they take pride out of it and and and they do use good diamonds yeah i like the american thing of giving championship rings they don't do that in australia i don't believe they do in other cult i don't think the premier league give you a fucking shit they're just like here's a trophy well it's always sad when you see like on pawn stars or something they're like hey i've got like

i've got jim m've got Jim McMahon's, the quarterback of the Bears ring from the 80s. Like, oh, he had hard times. They get somebody else has his ring at a pawn shop now. No, there's some trainer or something that always sells them off or whatever. But yeah, if I had one, I'd wear it all the time. They're big. They're heavy.

Yeah. Well, that's what Pat Riley does with Miami Heat when he goes to try and like closely deal with the player he wears the rings he's like like puts it on the table like what's up you want to come play here yeah fun times um can diamonds be scratched jim says yes by other diamonds by other diamonds yeah that's absolutely right in fact diamonds are cut with other diamonds therefore they can be scratched by other diamonds and diamonds there's a misconception that diamonds are the hardest material on Earth, which it is true. But they're the hardest scratch-resistant material. There's a thing that's called the Mohs scale, and then you have all of the minerals.

Then beneath diamonds, you have corundums. And a corundum is, for instance, sapphire or ruby. And then you go lower, then you have barrels like emeralds and so on. Diamonds are very brittle. In fact, you can easily break a diamond or chip a diamond. That's why the people that cut diamonds or diamond faceters or cutters don't usually make jewelry because there's a specific person that uh mounts the diamond into the jewelry because it's really easy to break them so what there's a misconception

that they're very hard but they're unbreakable wait so i could just crush a diamond like like my foot or yeah you absolutely can't crush a diamond you can get a hammer and destroy it yeah fuck he's even more upset about diamonds now. My whole life I thought that if you fucking hit one with a hammer, the hammer would break. The hammer would break? It would fare better than the diamond. They're just like fucking glass. Useless fucking things.

In fact, in trading offices where you have diamond traders, because I'm not a diamond trader. I don't trade with stones. I do finances. But in trading offices, the floor is carpeted, like in the UK,

or like it's full of carpets, because if a diamond falls into, for instance, I don't know, a wood floor or whatever, it may break. So that's why they have carpeted floors. So if a woman drops her engagement ring, the diamond can break?

It's susceptible breaking. Yes. What the fuck is going on? Right. It's still not good. Yeah, that's not good. No, no, it isn't. Yeah. By the way, I want to go on one of those offices with the carpet. There's probably a lot of diamonds on those carpets. Bring Arnie in there. There's a vacuum. There's a a lot of diamonds on those carpets. Bring Arnie in there. There's a special vacuum. Yeah, a diamond vacuum?

Yeah, I shit you not. There's a special vacuum. Very gentle one. Dyson makes it. Our diamond vacuum. Okay. Where are diamonds found? This is kind of a two-parter. So where are they found regionally and then what kinds of areas are they found in? Jim said

North Africa, Australia and he said in desolate areas are they found in? Jim said, he said North Africa, Australia, and he said in like desolate areas. So let's talk about that. Yeah, so as regions go, region-wise, India was the first place where diamonds were found. However, they've been overmined, so there's no more diamonds in India. Or if they are, it's not economically sustainable to mine them.

So India then, then South Africa, Central Africa was a really big diamond hub because of conflict and because of how things were handled there a few years ago. of how things were handled there a few years ago, 20, 30 years ago, other forms or other countries have been explored in order to mine diamonds. Australia was a really big mining hub. The Argyle mine was a really famous mine, but in 2020 it closed because it was no longer economically sustainable to mine there. So it shut down. You can actually find diamonds. I mean, if you have the knowledge, you can find diamonds.

However, it's not sustainable to mine there. Russia has diamonds. In fact, the Russian exports have dropped down because of obvious reasons. And Canada has now diamonds. And they started mining in mid 90s. Those are the main diamonds.

Can I go to this place in Australia and look for diamonds? If you know what you're doing. There you go. You get a shovel. I'll get a diamond detector. It can't be that hard digging and then what kind of areas

like desolate not forestry areas yeah but you can have it in cold places like Russia and Canada ok well let him answer no go on I think it's not a lot of trees that's me prediction what do you reckon yeah No, I think it's not a lot of trees. That's my prediction.

All right. What do you reckon? Yeah, not a lot of trees. But the important thing is that you need at least a plate where there's been a lot of – or a place or a region where there's been a lot of pressure and a lot of temperature, like many, many miles beneath the ground. So at the end of the day, you need a place where there's like not sys pic, but where they're meant they might be applied. For instance, there might be geological a geological scenario

in which it is prone to have diamonds or may that may give diamonds my shovels out you're gonna go a mile down you gotta go more down yeah it's my equipment um how old are natural diamonds jim said a million years no that's way way off mate it's three and a half billion years billion two two two point five three and a half There's one that's just a million years old, right? They're not all 3 billion. Two hours old, in fact. Yeah, it just got made. Not that Superman made that.

Really quick, though. He did it real quick. Yeah, that was artificial. So two to three. Okay. And how big was the world's largest diamond? Where was it found? Jim says the Hope Diamond found in Africa

the size of a cricket ball. Is that correct? No, the Hope Diamond was indeed a really large diamond, but the biggest diamond was the Cullinan Diamond. The Cullinan Diamond comes from the Cullinan Mine, which is a mine that a bloke found and decided to name after his surname, hence Cullinan Mine.

And it was a 3000 carat diamond it's a monster diamond and it's sometimes referred to the star of Africa so Africa I got partial points yeah you got partial points 3000 carat I'm trying to figure

like rough like what could you watermelon maybe not a watermelon but do you know Like rough? Watermelon? Maybe not watermelon, but... Do you know cantaloupe? Do you guys have the cantaloupe melon? Yeah, rock melon. A mango?

Certainly bigger than a mango. Cantaloupe, yeah. Star of Africa, wow. And is that like... Did they cut that up or is it just sitting somewhere it's like yeah they cut it i think they i mean that was in the at the beginning of the 20th century so but it's been a while but yeah they cut that into i think 10 small 10 bigger diamonds by big i mean like 100 200 200, 300, 400 carats.

And then some smaller ones. The big one is actually the Star of Africa, which is the famous one. And it's over 500 carats. I saw the Hope Diamond somewhere. It was at the Smithsonian, but I don't know where it is now. How many carats would have been that one on Titanic? And do you think that woman was an old bitch for throwing it in the water? Yeah. Oh, that one's old.

She was a pain in the neck. Just give it this. Listen to my story first. The whole movie's rubbish. You could have rung her up. Just ring her up. Listen first. Where's the diamond?

It was the ship of kings or the ship of slaves, depending on how you looked at it. I was being shipped. Yes, I know you old women like to talk. Let's move it along. But we've really just asked you one question in times money. We've got submarines, you know, we've booked right now. Ah, Jack, he painted me nude.

All right, okay. Time to go to sleep, Grandma. Now think, where was the last place you saw it? Yeah, they were gathered around her like, ooh, tell us more. I was like, shut up. Then he made love to me in the backseat of a Ford. I was there with my fiancé, and I fucked another guy. Two days into the cruise

and my word wasn't he grumpy wasn't my fiance a moody moody man when I started fucking another guy two days into the cruise that he paid for wearing the diamond

the luckiest thing that happened to that woman was the fucking ship sinking because if it didn't she had to hide for another two weeks on that boat she'd already started fucking jack what was she gonna hang out in cargo until it was all done dancing um that is funny to think about just the fact that there are people sitting there listening to her just speak this story. There is no one more screwed over in cinematic history than Billy Zane's character in fucking Titanic. Yeah, he was made out to be the villain.

He gets fucked over. He pays for a cruise for her and her fucking mother. He takes the two of them on a boat, gives her a $100 million diamond, gives her a few Monet paintings, and she fucks a guy from Economy. Get the fuck out of here. Just get Jack's number and wait till you get off the boat.

Leave the dance with the bloke who brought you. I can't wait till we do an episode on the titanic oh my god yeah well leo billy zane general he's been fucked up billy's like oh handsome guy loses his hair he loses hair yeah yeah billy zane's bald as bald yeah yeah what's he doing now he doesn't do big movies. It's Sniper. Yeah. You didn't think you'd talk about Billy Zane as much as you are today, did you, sir?

You didn't think, oh, I'll come to this podcast. Is that a real diamond, though? The heart of the ocean. Titanic. It's not a real diamond. It's something made up. You can get one. Yeah, cubic zirconium.

That's just $4,000. Yeah, I don't think it is a real real action diamond i think it's something they made up yeah but it's like a replica for like three thousand dollars like come on i mean i guess it's maybe real diamonds in there but you don't want to but it looks like it has those butt diamonds around it but they're little ones so to summarize fuck rose fucker She's a fucking nasty piece of work. But wait, that was supposed to be $100 million that diamond? It doesn't look like it would be worth $100 million as a blue diamond. It was a big-ass diamond, man. They were renting submarines to go and find the fucking thing.

It was worth something. That is true, though. That would cost so much money to be sitting there listening to the stories like, yeah, we're renting all this. It's by the listening to the story. It's like, yeah, we're renting all this. It's by the day. The submarine. She tells the story for three hours. I'm tired.

I'm going to go to sleep and we'll pick up the story tomorrow. All right. What is the most popular cut of diamonds? Jim said princess cut. It depends Because it has changed a lot Because fashion affects a lot

How cut works Traditionally it was the Jesus The brilliant cut, the round cut Like the big engagement round ring However throughout time It has changed A lot And that's where you get screwed Jim I think it's because However, throughout time, it has changed a lot, yeah.

And that's where you get screwed, Jim, I think, is because there'll be one cut that's popular, and then that's why a diamond isn't – like if you tried to sell a diamond, they're like, oh, that cut's not worth anything anymore. So then that diamond's worthless. My wife wanted a gold band and an oval diamond, and the people at Tiffany's were like, no one's ever asked.

And I'm like, that's what she wants, man. Sorry. In fact, if you want to buy an investment diamond, the best thing to do is to stay away from trends and to buy, for instance, that that's well known for instance around diamond um because uh there there was a do you guys know who emery ratkowski is yeah uh little model a little bit yeah and now she's dating pete davidson's dating Pete Davidson. If the media says anything,

I've met both of those guys. I guess I'm next. I've got both of their numbers in my phone. I'll just ring them up going, when you done, Pete? She's worth breaking up a marriage for. My kids will be okay. Yeah.

Yeah, we've heard of her. The thing is, when she got married to the bloke she was married to before dating Pete Davidson. Who cheated on us. Yeah.

Idiot. They must have been some good looking birds. I guess so. Yeah. So she bought, they said that they bought a diamond ring in the diamond district in New York

and they bought a really atypical thing and they bought a pear-shaped diamond and princess cut. Princess cuts have traditionally been good diamonds because they retain value because they're pretty popular. However, pear shapes haven't, they don't usually sell that well she got it's like a like a U and on one end of the ring you've got like a pear shape and on the other end of the ring you've got a princess cut. no one had ever seen that type of design and no one would have ever bought two diamonds that size because they were really big diamonds, and stick them together. Well, she did, and a lot of really well-known jewelry brands

started doing that. And the sales of those cuts skyrocketed. So at the end of the day, it is really affected by fashion. This is the thing because I think the heart-shaped ones are always a bit tacky, right? Yeah, they are. Yeah, you've got a heart-shaped one. There's some girl at home sitting looking at a heart-shaped one

like, fuck my husband. He's got a black heart. Yeah, but then there was like, I remember there was like a person I knew many, many years ago and he bought his fiancée. Like, this is the thing. This is what I'll say to all the men out there thinking about getting engaged. Ask her. Don't just do it.

Ask her best friend and then she'll ask her and we'll do it all covertly like that. Don't guess, mate. Don't guess because they have very exact views on how their diamond shape should be. Because I saw this bloke, he fucking got a ring and it had a diamond and then it had two dolphins swimming around either side. How did he think that was a good idea? And I'm like, oh, man. What have you done?

The dolphin clasp. That's grounds to say no. Don't do that. It's like that girl who has the navel ring with the dolphin jumping through the hoop. Oh, that tattoo. That's a bad one. What is the difference between cubic zirconia and a diamond? Jim said the cubic zirconia is fake.

It's all about plastic. It's bullshit. Diamond. Yeah. It isn't plastic. They have traditionally been called fake diamonds. It isn't plastic and it isn't plastic it they have traditionally been called fake diamonds it isn't plastic and it isn't glass it is what's called it's a compound it's dioxide zirconium dioxide and when you get that compound and subjected to extreme temperatures. It crystallizes, and you have the ability to cut it,

and you can create a diamond-like gem. However, it doesn't have the same chemical composition. Hence, it doesn't have the same hardness. It has different physical properties. It does not sparkle the same way, and it has a different refractive index. Obviously, it isn't sourced the same way, and it has a different market.

It is a good market. I mean, they sell tons of cubic zirconia. It's just a different thing. Does it crumble? Stronger than a diamond. What do you mean by crumble? Stronger than a diamond. Those things just fall on the ground and shatter all the time. How close?

Okay, since you know diamonds, if someone had a cubic zirconia ring, same size stone as like a diamond stone or whatever you would call it, how close would you have to get to be able to tell the difference? You just look at their haircut. A t-shirt where they've got a cut-off t-shirt or they got a cut off t-shirt yeah yeah yeah look at the trailer they live in and then you work backwards the guys are grabbing a beer now um you're saying the refracting it depends it depends on me myself or someone who's a real expert, like a real gemologist. Well, you're more than we are, I'm saying. Yeah, yeah, yeah.

I wouldn't be able to do shit. It wouldn't take me a lot. I mean, I don't think I would need a loop or I wouldn't need any type of magnification device, so I don't think I'd have a problem. A gemologist would tell you, like, in a point second. I mean, if you have a trained eye, it's really easy to do that. All the diamonds in the Queen's jewellery, the crowns

and all that type of stuff, where was all that nicked from? Nicked? Most of them are Indian. Right. Some of them are African. They have different sources. The thing with diamonds is it's really difficult to pinpoint the source. For instance, if you have another gemstone like like a sapphire for instance um as diamonds

have a very as diamonds are basically carbon some of the we'll talk later about that but diamonds are basically carbon so when you get when you get something that's basically one element it's really difficult to see from where you're getting it because you're going to get one thing from australia and another thing from i don't know russia and it's going to be the same thing uh other gemstones for instance sapphires or rubies have different chemical elements therefore it's really easy to pinpoint where the gem is from depending on the quantity or the amount of that chemical or the other chemical. So it is difficult to say where exactly the Queen's, Her Majesty's diamonds are from. Right, right.

Do different regions in the world produce better diamonds? You go, oh, Australia's clearer than Russian ones or Russian ones are bigger than Australian ones. Like, is there some things yeah yeah there is there are differences for instance uh the best pink diamonds came from the Argyle mine in in Australia um you can't I mean you can't find better pink diamonds than the one from Argyle um Canadian diamonds are really good because they're really controlled. It's a really,

because it's modern mining. They've invested like a shit ton of money and they have a really controlled environment. Therefore, they don't, the rejects that they do are really controlled

and everything's like really, like goes on the same level. Africa, like 20, 30 years ago in Africa, I'm not, I mean, it's obvious technology was different investment was different and at the end of the day

the diamonds you were taking out of that mine were susceptible of being given to a warlord so at the end of the day the control of the environment was different so yeah it does vary from mine to mine and what is a

CBD diamond? Jim didn't know. I didn't know either. In fact, that's something that Jim started saying, that we are close to making synthetic diamonds. Well, we are not close. They started in the 60s, and nowadays we produce chemically, physically. We can literally produce the same diamond um in the lab for a fraction of the price with no child labor well there isn't child labor anymore but with no risks with we

don't need a bloke like literally digging out of the ground diamond we can do it in the lab so cbd diamonds cbd is a process it's chemical vapor deposition. And you basically get a, they call it a seed, which is basically a carbon, like a carbon-based thin paper. And they subject it to temperature and pressure and diamonds start forming on the surface. And that's how you get synthetic diamonds. You literally can get... Can they make them as big

as they want or is it is it because you're saying they start filming making on paper and all type of stuff can you make a big one you can depending on what you mean by a big one yeah you can make big diamonds you can make over over one or two carat diamonds synthetically yeah so you can't do or two carat diamonds synthetically yeah so you can't do right super big diamonds but yeah so why are we still digging up diamonds then if if we can do that's a fantastic question we we are digging diamonds because uh because we have we come from a tradition in which um there are many theories okay i know why it's because women like gifts to be difficult. It is. It is.

The more difficult the gift, the more they covet it. This sounds pretty difficult, this process. No, no. Not if there's just a lab or anything. They want to know that someone went down a hole and then you had to pick it. It had to be cut and all that type of stuff. They want to know. Also, they want it to be expensive.

They don't want an engagement ring with a fake Also, they want it to be expensive. They don't want an engagement ring with a fake one because they want it to be expensive. Yeah. The Kimberley protocol or process is not a blood diamond. That's what Jim said. Is that correct? Kimberley is Australia, right? From the Kimberley?

It's in South Africa. Oh, okay. Okay, I'm wrong then. Okay. Okay, so South Africa. Oh, okay. Okay, I'm wrong then. Okay, so South Africa. Yeah, Kibblee. I believe it's a city in South Africa. Kibblee, what he said is correct.

It's a scheme of rules and regulations set up at the beginning of the 21st century in order to control conflict diamonds or blood diamonds. So what they did is regulate the whole mining industry in order to get non-conflict, non-child labor, non-warlord, non-whatever you want to call them, diamonds. lord non whatever you want to call them diamonds in fact nowadays only five percent of the whole natural diamond business is a conflict diamond or comes from a conflict diamond got some got some conflict that means all these diamonds are you being used for marriage They're all conflict. How many facets are most diamonds? Jim said 28. I pulled that fucking Kimberly thing out of my ass, by the way. I was surprised.

It wasn't a bad guess. How many facets? 28. If you add 30 more, it's 58. Wait, so that's... I don't understand. Isn't facets the cuts? Yeah. Every diamond facets the cuts? Yeah. Yeah.

It's all the different. Every diamond has 58 cuts? Yeah. You think at all the bottom, da-da-da-da-da-da-da. But that's like a standard? Ba-ba-ba-ba-ba-ba-ba-ba-ba-ba-ba-ba. I know, but that's a standard? Every flat surface is a facet.

I know, but that's a standard. I thought there was different ones. No, there are less. Okay. Okay. Yeah, the thing is, in fact, when I started working in the diamond industry, I had the same question. How on earth is that a standard for different shapes? Because different shapes are literally, well, they're different facets.

So how on earth is that? Well, it is because it's got to do with the refractive index of the stone. So you can manage to get 58 facets in a brilliant cut or a round diamond, but you can manage to get 58 cuts in a princess cut, which they do. You can manage to get 58 cuts in an oval cut, which they do. It's got to do with the angles of how light refracts in order to bring sparkle to the stone. Oh, I see.

So you get the sparkle. Does anyone ever just do a cube? Just a square. Just a cube diamond? Six sides. Like a rich guy who plays Monopoly? Bloody, you'd roll it, fall off the table,

and smash it on the ground. Yeah, like an eccentric guy that plays Monopoly. I don't know, but that's not a bad idea. We could market that. We talked about the colors. an eccentric guy that plays Monopoly. I don't know, but that's not a bad idea. They sell them. We could market that. We talked about the colors. The ideal cut you kind of touched on too was the idea that you were talking

about is to get the non-trendy ones, right? Is that what you were... To me, it's a brilliant cut because it's the one that retains value the best. But yeah, Princess C cuts is a good cut. Ovals are good cuts.

Triangle cuts or tree mash shifts are good cuts because they're strange and weird, but people like them. If you go like to fair shapes and so on, they don't retain value. Yeah, the heart shapes are horrible horrible when was the diamond engagement ring trend started by whom do we know the answer to this jim thinks it was in the civil war gone with the wind he referenced so so i can't actually say i know when the trend started because i mean i don't want to lie i don't really know that i know i don't know about that that's what we say on this podcast okay so i don't really know about that I know the first engagement ring

was was was given by uh the Archduke of Austria to Mary of Burgundy at the end of the 15th century I think that was the first engagement ring made out of diamonds I guess it did get popular among European aristocracy but I don't know if the trend really started there so that's the guy that we gotta blame

it did start in America after that gone with the wind I didn't know the Asia I'll take your word for it Asia was another thing i saw something on this that that in asia they were like make it a diamond ring and like it's it's the same time that they started getting mcdonald's no you remember like when asians started getting fast food they went well push it push your other shit on them make sure they fucking get diamond engagement rings and there used to be a commercial too it was like three months salary and i remember even as a kid i was like what what about all the other expenses you have i'm not doing three months salary groceries yeah in fact

that's not that's not true yeah um and for instance i think the the net salary in California is $90,000. I don't know if that's after taxes or pre-taxes. The average price, the average engagement rate, for instance, in California, it varies in states. It's like one and a half months. If you go down to Texas, it's like two and a half months. If you go to New York, it's like 1.8 months. So it never reaches like three months. What's the average price of an engagement ring in America or just in the world?

No, I can tell you in America, for instance, the average price is around six or seven grand. Right. Okay. That's reasonable. I don't know. Depends it depends yeah it's a lot of money it's a lot of money i mean a lot of people don't it's a lot of money you are going to be married for four or five years so yeah you know it's worth it yeah i would rather get like a

fake one and go on a bomb honeymoon i don't wear a jewelry at all because i lose everything so i wouldn't want somebody to spend a lot of money on an engagement ring because that would stress me the fuck out. I hide my wife's engagement ring, make her panic for a bit. And then you get mad at her like, you lost it, the most important thing. America buys what percentage of all diamonds mined in the world, Jim? So 25%. It's a bit less.

It's around 70%. So I've got the actual number 22, uh, pre pandemic. It was American board, 11 million carrots. It's it's crazy. I didn't know the actual number because America is not my market, but 11 million characters a lot. It's like $11.5 billion. characters a lot. It's like $11.5 billion.

And so what percentage is that? It's around 70% of the whole world. Imports and America is the biggest mark. Is it the biggest market or? No, it isn't. It's India. India. India likes diamonds. Yeah, okay. And gold. Yeah, that's the thing is my wife likes the gold i don't know if it's but i know indian ladies prefer gold to well at least my wife does to platinum it might be a skin tone thing against your skin or something or it might be something i i don't know but she she was like no i want gold as my wedding ring and the people at tiffany's were

like no we are platinum platinum is what you want and she's like not me white gold no you're not listening to me but it depends on Indians and it depends where because I'm half Indian for instance so it depends on where your upbringing was

and your skin color for instance if I start wearing like yellow gold I don't I did never thought I wear and I wear a lot of jewelry I never I don't think it suits me depends on the person yeah yeah in India there's like a tradition of wearing got yellow go yeah blank is our last question blank percentage of all diamonds mind are not used in jewelry Jim said 42%, and then 42% to Lisa Vanderpump. Lisa Vanderpump, 42%.

No, it's about 80%. 80% of the diamonds aren't used for any diamond business. 80% is used for industrial applications. As you said, Jim, for instance, for masonry bits or stuff that's scalpels or whatever, industrial applications, basically.

80% though. And the Americans, so when we say the Americans are buying 17% of diamonds, that means, is that including the industrial diamonds they're buying? Or is that just? That's a draw. No, no, no. Americans are buying 11,000 carats, 11 million carats of the 20% of diamonds that are jewellery grade. Right, right, right. And so these other ones, this 80% that's being sold,

are they just crap diamonds? They're not jewellery worthy? They've got too many flaws or whatever and they're just used for industrial things? Yeah, they've got what's known as normally things yeah they've got what what's known as normally not typically they've got what it's known as inclusions so um inclusions are when what you what what's known as clarity so um when you have a stone that's included it's that certain number of of of chemical particles or whatever have entered the stone during its creation,

thus altering the looks of the stone. So they're very included, they can't be cut or it is too expensive to cut, so they're used for industrial applications. Yeah, there's a word you wrote here called bort. Bort? Yeah, a bort diamond is wrote here called BORT. BORT? Yeah, BORT. A BORT diamond is a diamond that's, yeah. They're not cheap, though.

Yeah, you can make the dice out of those, though. Yeah, you can. Let those shatter. It's going to be a whole diamond monopoly. You said little diamond houses. Yeah, yeah. Diamond hotels. Diamond cards.

No, that'd be silly. Okay. Sorry. Come on, Forrest. All right. Now's the time of part of our show called Dinner. They've been made out of panda skin. No, that'd be silly. Okay. Sorry. Come on, Forrest. All right. Now's the time of part of our show called Dinner Party. They've been made out of panda skin. Oh, yeah.

Okay. What? Yeah, a little leathery. That's terrible. What would the board be made out of? It's expensive. All the pieces are made out of ivory. Okay.

The dice are diamonds. Yeah. And the board's made out of the Rosetta Stone. Wow. Conflict monopolies it. That was the time part of our show called Dinner Party Facts. We asked our expert to give us a fact, something interesting or obscure that our listeners can use to impress people. What do you got for us, Mateo?

I don't have something mind-boggling, but for instance... The fact they can smash on the ground is mind-boggling. That really blew his mind. Well, you can... There you go. You can smash a diamond with a hammer. Yeah. Yeah, that's the fucking... That's the one, man.

That's the one. I'm going to go home and try this. It's worth it. You're going to try it? I don't believe it. Which diamond are you going to use? I've only got one in the house i'll take it off my wife's hand first hey babe watch this yeah uh well you know you don't want to say what you had it's fine i mean you know we won't judge yeah um the the most expensive insurance um at least in in europe i don't know if in in us or soil but the most

expensive insurance um is anything that's diamond related basically because once a diamond is stole and we're talking about big carat diamonds not the diamonds i'm wearing here i mean like big stones um it is basically lost if you have someone that's a good cutter, they're going to recut it and you're never going to see that diamond again. So the most expensive insurance that you can possibly get, it's for sure diamond related. Okay. That's my super dinner.

I don't even know how you prove that. You have to have pictures and stuff. If I was a bloke called Carl, right, and I cut diamonds, my company would be called Carl's Cutter. Wow, that's good. Good pun, Calcutta. Yeah, I got it. Oh, Calcutta.

Yeah, good one. Why not just Cal? Nah, it doesn't work. Okay. You can find Matteo Sharma on Instagram, at the Pebble Merchant. And thank you for being here, Matteo, and talking to us about diamonds.

Thanks, Matteo. I enjoyed that. I enjoyed that. It was a pleasure, guys. If someone ever comes up to you at a party and says, diamonds are unbreakable, get their hand, get a hammer. Fucking prove those cunts wrong. And so I don't know about that and walk away.

Walk away with them screaming.