>>82550776 (OP)
>>82552287
The diamond industry isn't collapsing at all.
There is always interest in the bigger and fancy coloured stones, and for some melee diamond or other stone set brand watches.
The history carried by the big names and jewellery has the same weight and importance as the history and artifacts of rulers, kings and religion as it is intertwined with one another.
Also it is possible to distinguish synthetics from natural stones and no, they are not better, just cheaper and pretty much uninteresting except from a scientifical point of view. I think it's cool men manage to reproduce or find ways to imitate how nature does things.
Also people who afford gemstones look for the occurrence of it being created by nature, they carry a little bit of history of what is hidden inside earth's mantle. There a lot of diamonds ina way because the techniques used to find them have vastly improved and they tend to be now a secondary product of other ore or material mining, but I challenge to try and look for one in nature to see if it is that easy to find..
Also jewellery and status symbols has existed since the beginning of mankind. If you value human history, it's not a part that is easily dismissed. And I personally think people that offer things, may it be food, clothes as symbol of love is great too.
I personally find the artistic and precision work of jewellery and watch making intriguing and the esthetic that comes out of it can be impressive.