bullish on who will be Time’s Person of the Year 2013

Drones (or "The Drone") (as of 2012 NOV 10) 

bullish on who will be Time’s Person of the Year 2012 

actual result: Barack Obama

Xi Jinping (as of 2012 SEP 16); Aung San Suu Kyi (as of 2012 APR 3); Bo Xilai (as of 2012 MAR 24) 



Bloomberg reported today that Bain & Co. sees diamond demand outpacing supply through 2020, and on March 6, 2012, IndexIQ Advisors LLC filed a prospectus for its IQ PHYSICAL DIAMOND TRUST, which would potentially provide investors with exchange-traded access to exposure to the diamond markets. Perhaps the gemstones will go up in value, and perhaps an exchange traded grantor trust in diamonds is a good vehicle for the retail investor to speculate on such possibility (except for a fungibility issue mentioned at Index Universe and the 28% capital gains on collectibles tax issue mentioned on p44 of the prospectus (see also article here)), but as talk about more obscure investment options bubbles up on the blogosphere, I can’t help but think that it might have something to do with bullishness taking a breather in more traditional investments.

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