Diamonds not forever to millennial generation
The gems are now cheaper than they were in 2006, while prices of luxury items have risen at above-inflation rates
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London
IN THE diamond industry, even the crooks are old-fashioned.
The ringleaders jailed for a US$20 million jewellery heist in London last year were in their sixties and seventies, so it's no surprise they'd go after the gems. They're old enough to remember when advertisers said that diamonds were forever and Marilyn Monroe sang that they were a girl's best friend.
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