Investing in Death

Fight for Rhinos

Rhinos horns have been coveted as a use in traditional Chinese medicine for over 2000 years.

Over the last few years, rhino horn powder has trended as a status symbol in Vietnam. It is used as a “party drug” for the elite.

rhino horn powder afp gettyWoman grind horn into powder. photo: AFP/Getty

Now, rhino horn, along with pangolin scales, tiger bones, and ivory are being kept as collectibles.

China’s social elite is stockpiling the products in anticipation of their extinction. They  prefer wild “products” over farm-raised,as they see more worth in them. Wild animals are thought to be more potent as well.

tiger bone wineTiger wine, made from their bones, is being kept or “aged” with hopes of increased value if they become extinct. photo: unknown

Endangered species have become the new collectible. According to John R Platt,  as more collectors have entered the market, killing endangered species has grown increasingly profitable. Ivory wholesale prices, for example…

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