The good news is that if you made an NFT of your diamond, you now have two assets that crashed 60%. https://t.co/GuzUUno5G5Polymarket (@Polymarket):BREAKING: The price of diamonds has crashed to its lowest level this century. ...

Core Insights - Anglo American plc reported an EPS of $0.36, missing the expected $0.52, but exceeded revenue expectations with $10.89 billion [1][5] - The company achieved $1.8 billion in run-rate cost savings and is pursuing a strategic merger with Teck Resources to create a global leader in critical minerals [3][5] Financial Performance - The company reported a modest increase in underlying EBITDA from continuing operations, reaching $6.4 billion, supported by strong performances in copper and premium iron ore [2] - The price-to-sales ratio of 2.29 indicates investor confidence in its sales potential, while the enterprise value to sales ratio is 2.81 [4] - The enterprise value to operating cash flow ratio is 10.16, reflecting the company's valuation relative to its cash flow [4] - The debt-to-equity ratio of 0.88 suggests a moderate level of debt, and a current ratio of 2.31 indicates a strong ability to cover short-term liabilities [4]

🚨JUST IN: RIPPLE CUSTODY SECURES $280M DIAMOND TOKENIZATION ON XRP LEDGERBilliton Diamond and Ctrl Alt tokenize $280M in polished diamonds in Dubai.@Ripple Custody secures the assets while $XRP Ledger handles fast, low-cost minting.The project aims to bring transparency and efficiency to diamond trading globally. ...

🇦🇪 NEW: Billiton Diamond and Ctrl Alt are tokenizing $280M+ worth of certified diamonds onchain, using the XRP Ledger and Ripple custody tech. https://t.co/krUSdrijE9 ...

Hey @grok:If diamonds can be lab grown and dramatically reduce the cost of diamonds….Couldn’t $gold be lab grown to a point where you can’t tell the difference and destroy the gold market?Asking for my friend @PeterSchiff. ...

Core Insights - The 21st century is being shaped by rare earths and critical minerals, which are essential for electric vehicles, wind turbines, solar panels, and military applications, with China controlling a significant portion of the supply chain [2][3] Company Summaries - **Rio Tinto**: A diversified mining conglomerate with a market cap of $180 billion, producing iron ore, aluminum, copper, and diamonds. It has maintained a 19% profit margin and generates $18 billion in EBITDA annually, with a forward P/E of 13x and a dividend yield of 4.3%. Revenue for the trailing twelve months reached $53.7 billion, and analysts target a price of $87, indicating a 12% upside [4][5] - **Vale**: A Brazilian company with a market cap of $69 billion, producing nickel and copper alongside iron ore. It has a profit margin of 14% and a dividend yield of 17%. Q3 2025 revenue was $10.4 billion, up 7% year over year, with a net income of $2.68 billion. The company faces risks from the 2019 Brumadinho dam disaster, which resulted in significant fines [6][7] - **Lithium Americas**: Currently not producing, but developing the Thacker Pass project in Nevada, the largest lithium deposit in the U.S. The company has a high beta of 3.5, indicating it is more volatile than the market. General Motors has invested in the project, and government support is present [8][9] - **MP Materials**: Operates the only significant rare earth mine in North America, reporting Q3 revenue of $53.6 million with a net loss of $41.8 million [9] - **Albemarle**: Survived a significant drop in lithium prices from $80,000 to $10,000 per ton, with margins collapsing from 42% to 1.6%, but recovering to 14.8% [9]

Market Trends & Commodity Prices - Average ticket price increased by 15%, driven by a 50% rise in underlying commodity costs over the last year [1] - Silver and platinum prices have increased by 70% in the last year [1] - Natural diamond prices are down roughly 45% from their peak in March 2022 [7] - Gold has appreciated by 11% per annum over the last ten years [3] Lab-Grown Diamonds - Lab-grown diamonds are driving down the price of natural diamonds [2][6] - Approximately 60% of engagement rings sold in the U S this quarter will have a lab-grown center, compared to 2% in 2018 [8] - Industry anticipates 80% adoption of lab-grown diamonds in the next ten years [9] - On the diamond side, 60% plus is lab-grown, 40% is natural [10] Consumer Behavior & Sales - Jewelry industry is up over 10% this year, outperforming other luxury categories [13] - Current sales are up over 30% [12] - 75% of colored gemstone sales are natural, while 25% are lab-grown [10] - Customers prefer perfect diamonds but unique imperfections in colored gemstones [11] Gold Market Dynamics - Central banks are buying roughly 25% of the gold that's out there [5] - Financial investors are a significant part of the gold market [5] - Political and economic uncertainty are driving demand for gold [3]

Industry Trend - The diamond engagement ring's popularity is explained by scarcity, as noted by Nick Szabo in 2008 [1] Company/Organization - De Beers is mentioned in relation to the rise in popularity of diamonds [1]

Core Insights - Chow Tai Fook Jewellery Group Limited is a Hong Kong-based company specializing in the design, manufacture, and retail of fine jewelry, including gold, diamonds, and platinum [1] - The company operates a vast network of stores primarily in Greater China and is known for its flagship brands such as CHOW TAI FOOK, HEARTS ON FIRE, and ENZO [1] Performance Metrics - The company holds a Profitable Growth rank of 4, which is consistent with the previous period's rank, indicating above-average performance compared to 910 large consumer discretionary companies worldwide [4] - The Profitability rank is 3, which is better than its Growth rank of 7, and this rank has remained the same compared to the prior period [4] - The Growth rank of 7 has also remained unchanged from the previous period, reflecting below-average performance compared to peers [4]

Industry Challenge - The diamond industry faces a "huge con" perception regarding diamond purchases [1] - De Beers aims to rescue its brand from an ominous decline [1] Company Strategy - De Beers's chief executive seeks to save a generation of lovers and newlyweds from this perception [1]