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Speaking of Scarcity: Average Wii Shelf Time
Speaking of scarcity, the Nintendo Wii is still in strangely short suppy. According to the Nintendo of America president, the average Wii sits on the shelf for a vanishingly short hour before being sold.
I’m guessing it’s only a matter of time before people begin bartering them for rice, or vice-versa.
[via Wired]
Pullback creates ‘ideal opportunity’ in gold
gold represents the epitome of the natural resource bourgeon. it is the world’s best barometer of inflation and economic crises. when inflation is on the rise, as it is now all atop of the domain, gold thrives. and when there are financial crises, as we now hold with the plunging dollar and the meltdown in the mortgage markets in the u.s. — gold gets an extra boost. savvy investors flock to the safety of the precious metal, pushing its price even higher. in addition, there’s more to the bull market in gold than just inflation and pecuniary problems in the combined states. b. three billion new consumers in asia are buying gold hand over fist! previously in china, investors were not allowed to own gold. contemporary they can, and they are buying up gold appreciate potty. india has a long tradition of gold investing. but with india’s economy now growing at 8%+ annual rates, wealth is being accumulated in india like not till hell freezes over formerly, and gold necessitate is also going off the charts. thus, even without inflation and a falling dollar, the demand in favour of gold from india and china unexcelled is enough to propel gold higher. gold could trade a…
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