> Within 10 years of today, I expect diamonds to lose almost all of their value. Moissanites have already become as near-worthless as synthetic rubies. This is going to open up new industrial uses for those gemstones.

And for jewelry too. I bought my wife a 2ct moissanite in 2012. There was no way we could have done that ring with a real diamond back then.

When I was shopping, I happened to see a girl at a conference who had many large moissanites on her ring. It was gorgeous, and well within the price range of upper-middle-class.