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Flameseeker Chronicles: Tips for your first outing in Guild Wars 2
Welcome to Tyria, adventurer! This is the long-awaited launch day for Guild Wars 2. If you pre-purchased or pre-ordered the game, you've had a while in the world already. If not, then put on your best adventuring cloak and be sure to grab a spare handkerchief! For those of you who haven't been following the game with the feverish eyes of a true fanatic, here are some things to keep in mind when you first strike out in Tyria.
Japanese scientists discover massive rare earth deposits, China bristles
China's control over the rare earths market hasn't faced too many challenges over the past few years, but that may be changing, thanks to a major discovery in Japan. Geologists say they've uncovered expansive new deposits of rare earth minerals, buried within a seabed some 20,000 feet below the Pacific Ocean surface. Research leader Yasuhiro Kato estimates that the deposits contain anywhere from 80 to 100 billion metric tons of rare earths, which, if commercially viable, could pose a serious threat to China's global hegemony. Supply shortages and aggressive Chinese export controls have combined to raise global prices in recent years, much to the chagrin of manufacturers who rely upon the metals to produce smartphones, tablets and a wide variety of other gadgets. But with analysts predicting a rare earth surplus within the next few years and Japan's mining industry now poised for a potential resurgence, the outlook is certainly looking a lot brighter.
Global rare earth supply deficit should turn into a surplus by 2013, Goldman Sachs says
It looks like rare earth elements are getting slightly less rare. According to a research note released by Goldman Sachs today, the world's rare earth supply deficit will probably reach its apex this year, before converting into a surplus by 2013. Goldman's analysts constructed their projections based on evidence that many Western companies have begun building their own mines, in response to China's overwhelming market dominance. Today, the People's Republic produces about 90-percent of the world's rare earth minerals -- a group of 17 elements that are used to manufacture many of the flat screen TVs, hybrids and cellphones we've come to know and love. Over the course of the past few years, China has only consolidated its hold on the industry, thanks to economic policies aimed at nationalizing private mines and implementing restrictive export quotas. As a result, global rare earth prices have skyrocketed, forcing mining companies in the US and elsewhere to look inward and harvest their own deposits. The only downside, however, is that even if global supply spills into a surplus within the next two years, prices probably won't cool down until 2015. But at least the horizon looks brighter than it has in recent months.
Should Blizzard allow us to deposit money in a personal bank?
Ok, I'll be honest. I'm pretty fine with how we handle money now. Sure, back in Everquest, I needed to go deposit my money in my bank, because due to the encumbrance system, if I had kept all my platinum coins on me, I would have been glued to the spot, unable to walk. But in WoW, there's no encumbrance, and our coins take up no inventory space. Still, I've seen a lot of people ask to be able to deposit money in the bank, so, being an equal time type of guy, I thought I'd sit back and try to figure out what the advantages would be.
Rumor: GameStop increasing pre-order to $10, changing image
The Wiicast says GameStop had a little "management" convention in Las Vegas this weekend where they discussed changes coming to the company. Will D'Angelo, who runs the Wiicast, says that information was gathered through "sources" and eavesdropping by a security guard. Overheard was GameStop will be overhauling the "look, design, logos" of the brand and changing the slogan to "Power to the Players." They'll also be tracking "random games'" pre-order sales to see if the standard pre-order deposit should be $10.Allegedly, If these things are true, we'll start seeing signs in the coming weeks leading into the holiday season. Despite GameStop having a record quarter, there's no denying it has an image problem. The question becomes if the changes will actually make a difference, or if it's just dressing up the same old nasty beast in new cloths. We still want to know how much of GameStop's fortunes have to do with being a glorified pawn shop and the interest they make from all that pre-order money just sitting in an account somewhere.
Envelope-free ATMs popping up soon
With all the chicanery that's been going on with ATMs of late, it looks like the machines are finally getting back at the humans. In a move that's already confusing creatures of habit, envelope-free ATMs are starting to pop up in highly-trafficked areas, and as the name implies, they require that your deposits not be stuffed into an envelope beforehand. Diebold, NCR, and, Wincor Nixdorf (among others) are beginning to roll out these newfangled machines, which cost some 20-percent more than typical ATMs and sport specialized scanners that can detect how much cash you're actually inserting as you slide your check / bills into its theoretical mouth. The biggest boon here is the drop in processing costs to banks, while customers are likely to be pleased with instant receipts and nearly-instant access to the fundage. 'Course, we're just counting down the days until yet another ATM trickster figures out how to convert a Hershey's wrapper into a $20 bill.[Image courtesy of ABC]
For some, iPhone could cost up to $1349
For everything the iPhone offers, $499 and $599 really is a killer deal. But what if you have to shell out up to $1349 to get your hands on Apple's revolutionary do-it-all mobile device? Nick Starr points out that Cingular still charges a deposit of up to $750 for some customers who have bad credit. Add up $599 for the phone with a $750 deposit and you have one expensive little telephone. Of course, I have to point out that you can earn your deposit back after a year of good standing with Cingular, but still - that's one heckuva a barrier to entry. So never mind how much you have spent already - how much would you spend on an iPhone?
