Sunday, December 13, 2009

Markets in everything: Santeria edition

Looking for a great investment vehicle? Consider the human skull.

In 2007, UPI reported that, in Venezuela, practitioners of "black magic" were robbing graves for human bones and that skulls were selling for $300!

Two years later, the NY Times reports that the pace of Venezuelan grave robbing has accelerated and a skull now goes for $2000!

People, that is an average annual return of over 250%!

The Times has also upgraded the robbers from practitioners of "black magic" to adherents of a religion (transplanted from Cuba) called "Palo" (though this source perpetuates the "black magic" label)

1 comment:

Anonymous said...

communism AND witchcraft! there's no end to the benefits of Cuban-Venezuelan cultural exchange