Mexicans: The Unconventional Investors

For years, Mexicans have been ridiculed for wearing “Mr. T Starter Kits”. Men sporting heavy gold rope chains with huge medallions, and women with bangles and large hoop earrings is normal. The price paid based more on craftsmanship than the gold’s value.  Until now!  Today, the price of gold is over $1000 an ounce! That is almost four times what it was worth just 10 years ago.  The investments are starting to pay off, but many Mexicans are unaware that they are walking around flashing thousands of dollars in “bling”.

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