Yes, you're probably right.
From what I've seen, black people and "whigers" just love wearing big diamond rings the size of Big Ben and solid gold chains with 1" thick links. Of course, usually it's copper and glass <img src="/ubbthreads/images/graemlins/smile.gif" alt="" />.
Oh well, just proves my ignorance <img src="/ubbthreads/images/graemlins/shhh.gif" alt="" />