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News \ue000 2
Features \ue000 4
OPINION \ue000 8
sPOrts - 10
~world headlines
~scientific discoveries
~geek of the week (pg 5)
~student bus pass
~energy policy (pg 9)
~political \u201creal speak\u201d
~men\u2019s golf
~volleyball
satIre \ue000 11
~intergalactic council
~beer float
Volume 89, Issue 4
September 22, 2008
Geek of the Week
\u201cNanotechnology will be the mo
st
\ue005mp\ue007\ue008\ue009\ue000\ue006\ue009 s\ue001\ue005\ue003\ue006\ue009\ue005\ue00a\ue001 \ue000\ue002v\ue000\ue006\ue001\ue003m\ue003\ue006\ue009
of the 21st century.\u201d
-Page 5
Music\ue000\ue006\ue002M\ue007v\ue005\ue003s \ue000\ue006\ue002Beer, Oh My!
Ra Ra Riot, B\ue008\ue005\ue000\ue006 \u201cH\ue003\ue000\ue002\u201d W\ue003l\ue001h, K\ue008ys\ue009\ue000l M\ue003y\ue003\ue008s
3 Robot Flicks,Stargate: Arc of Truth, The Women
LakefrontI PA
PaGes
6 & 7
techBreakTheNew iPod Nano
\u201cIf you\u2019ve seen the ads, I have to
say yes, it\u2019s that thin.\u201d -Page 4
Obama at CSM
\u2022 S\ue003\ue003 \ue009h\ue003 sp\ue003\ue003\ue001h \ue007\ue006l\ue005\ue006\ue003!
Visitwww.oredigger.net!
\u2022 P\ue007s\ue009
Comments
\u2022 V\ue005\ue003w
Sl\ue005\ue002\ue003sh\ue007ws
PatricK BeSeda / oredigger
Big Hit for a Small Town. L\ue000s\ue009 tu\ue003s\ue002\ue000y, d\ue003m\ue007\ue001\ue008\ue000\ue009\ue005\ue001 P\ue008\ue003s\ue005\ue002\ue003\ue006-
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m\ue003mb\ue003\ue008s \ue000\ue009 cSM\u2019s L\ue007\ue001k\ue008\ue005\ue002\ue004\ue003 a\ue008\ue003\ue006\ue000. t\ue007 s\ue003\ue003 \ue009h\ue003 full sp\ue003\ue003\ue001h, v\ue005s\ue005\ue009
The Oredigger\u2019s w\ue003bs\ue005\ue009\ue003 \ue000\ue009 www.\ue007\ue008\ue003\ue002\ue005\ue004\ue004\ue003\ue008.\ue006\ue003\ue009.

On September 13, when it was announced that Democratic presi- dential candidate Barack Obama would be visiting the Colorado School of Mines (CSM), the re- sponse was mixed. The media ar- rived in droves as thousands of Jef- ferson County residents and Mines students waited in line. The Secret Service descended upon campus,

traf\ue000c became hectic, and several
Mines students took to protesting
the event.

Protesters came from a variety of backgrounds, but found com- mon ground in their disapproval of Obama\u2019s visit. Their signs featured slogans such as \u201cLower Gas Prices! Drill Off Shore,\u201d and \u201cSay No To

Barack Obama at Mines
Historic event targeted campaign volunteers,
focused on economic woes, new energy economy
Tim Weilert
Content Manager
Socialism.\u201d

Andrew Bosela, a CSM fresh- man, had this to say: \u201cI agree with Sen. Obama that we as Ameri- cans need to phase off our use of petroleum and gas to renewable and alternative energy sources. However, making those alternatives economically viable will obviously take time, and therefore I hold to the view, along with many others, that we need to drill for some of our own oil in the interim as we research other options, a view, to the best of

my knowledge, de\ue000nitely not held
by Sen. Obama.\u201d

But why did the Obama cam- paign choose CSM? The answer: Colorado is a swing state, and Jefferson County is a key district. This fact was also realized by Re- publican vice presidential candidate

Sarah Palin, who spoke at the JeffCo Fairgrounds on September 15. As students attending Obama\u2019s event found out, this was not a speech tar- geted toward engineers. Instead the event focused its energy toward en- ergizing Obama\u2019s grassroots move- ment here in Jefferson County.

Jacob Smith, the mayor of Gold-
en, gave the \ue000rst formal speech. His

focus was on the School of Mines, NREL and renewable energies. \u201cHere at the School of Mines they are training the next generation of engi- neers who will drive the new energy economy,\u201d said Smith, \u201cIt is time for a president who understands the new energy economy and understands that we can create jobs here at home while reducing our dangerous dependence on foreign oil.\u201d

see \u201cobama\u201d page 3

\u201cAs the election season ap- proaches, I want to take this oppor- tunity to remind you that state law prohibits you, as a state employee, from campaigning for candidates or ballot issues on state time or us- ing state resources,\u201d said Colorado School of Mines (CSM) President Scoggins, in an all-staff email on August 28, 2008.

The law that Scoggins referenced,
according to Ann Walker
of CSM\u2019s Legal Services
Of\ue000ce, was the \u201cColorado

Fair Campaign Practices Act (FCPA), Section 1-45- 117, Colorado Revised Statutes.\u201d

\u201cThe purpose of the
FCPA is to prohibit state
government and its of\ue000cials
from using public funds
and resources to in\ue001uence
State regulations weigh on professors\u2019
free speech, alienate few on campus
Alec Westerman
S\ue009\ue000ff W\ue008\ue005\ue009\ue003\ue008
the outcome of a political campaign or
a ballot issue,\u201d said Walker.

Dr. Chester Van Tyne of the Met- allurgical and Materials Engineering department indicated that he had encountered no inconveniences thus far and was not bothered one way or another. \u201cMy role is to prod students to make rational decisions,\u201d said Van Tyne. He added that these decisions are the students\u2019 own and that they ought to develop stances of reason rather than those of their friends, par- ents or professors.

CERN launches $8 billion
particle collider

At the center of attention for phys- ics researchers all over the world, the European Organization for Nuclear Research (CERN) has made head- lines over the past two weeks.

CERN\u2019s largest on-site project, the Large Hadron Collider (LHC), was unveiled earlier this month. With a circumference of 17 miles, straddling the border between France and Swit- zerland, the LHC is the world\u2019s largest, highest energy particle accelerator.

According to Colorado School of Mines (CSM) physics professor Dr. Lincoln Carr, who worked at CERN for several years, \u201cIt\u2019s the largest experiment in the history of the hu- man race.\u201d With a total cost of more than $8 billion and a staff of over 7,000 scientists from 28 countries collaborating on the project, the new supercollider stands in the eyes of many as a monument in human achievement.

In the coming weeks, the LHC will reach temperature levels that have not been seen since the Big Bang. The process begins when the particle accelerator smashes together two beams of protons at very high speeds.

The purpose of the LHC is to find undocumented particles and further evidence that can validate the Standard Model, a theory used by physicists to describe the forces of nature that affect all matter in the universe. By validating the Standard Model, \u201cwe could transform our entire

picture of reality,\u201d said Carr.

Renowned theoretical physicist Stephen Hawking said, during an interview with BBC, \u201cI think it will be

much more exciting if we don\u2019t \ue000nd

the Higgs. That will show something is wrong, and we need to think again.\u201d The LHC\u2019s results will undoubtedly tell researchers and theorists a tremen- dous amount about the structure of the universe.

CSM boasts the 4th highest ranked physics research department in the country; professors, students and researchers await the results of the experiments in Switzerland.

\u201cIt\u2019s out of physics that much of the technology is developed,\u201d said Carr. Indeed many medical technologies, renewable energy advancements and even the early beginnings of the Inter- net came out of physics research and CERN; these are all areas of research that CSM is currently involved in.

Currently, researchers in CSM\u2019s Physics department are engaged in over $2 million of externally funded research annually, with research strengths in nuclear physics, ultra- fast optics, and condensed matter physics.

\u201cThey are doing a lot of research in solid-state physics and have made a lot of progress with solar cells and renewable energies,\u201d said CSM un- dergraduate Nick Sayler.

Despite the prospect of scienti\ue000c

advancement, much of the world re- mains speculative about the dangers of the LHC. \u201cAll the talk about black holes \u2013 it\u2019s garbage. Not even worth discussing,\u201d said Carr.

Patrick Beseda
S\ue009\ue000ff W\ue008\ue005\ue009\ue003\ue008
aLec WeSterMan / oredigger
No worries.P\ue008\ue007f\ue003ss\ue007\ue008s

eb\ue003\ue008h\ue000\ue008\ue009 \ue000\ue006\ue002 V\ue000\ue006 ty\ue006\ue003 \ue002\ue007 \ue006\ue007\ue009 f\ue003\ue003l \ue009h\ue003 FcPa \ue008\ue003\ue004ul\ue000\ue009\ue005\ue007\ue006s w\ue005ll h\ue000v\ue003 \ue000 s\ue005\ue004\ue006\ue005\ue00a\ue001\ue000\ue006\ue009 \ue005mp\ue000\ue001\ue009 \ue007\ue006

their classrooms this
fall.

Given the standing of FCPA, Van Tyne inquired as to how Demo- cratic presidential nominee Barack Obama\u2019s visit to CSM was possible, though he was glad the opportunity was made available. Van Tyne also questioned whether \u201cmy rights to freedom of speech stop at CSM.\u201d Although he hopes to question students for critical thinking in the future, Van Tyne wonders whether the FCPA could potentially hinder his ability to do so.

\u201cI think it\u2019s ok. I think it\u2019s appro- priate,\u201d said Dr. Mark Eberhart of the Chemistry and Geochemistry department, adding that the FCPA regulations have not been an obstacle thus far. If an issue were a blatant question of morality against immo- rality, Eberhart expects that profes- sors would speak out regardless of consequences. Professors should mention, according to Eberhart, that such stances are theirs alone and do not represent the university.

\u201cThis thing is long for something that simple,\u201d said one CSM student, who wished to remain anonymous. \u201cDon\u2019t you think this is a matter of freedom of speech?\u201d he asked.

\u201cI guess I agree with them not be- ing able to use school money for their use,\u201d said CSM student Justin Tap- pan, who expressed distaste for the idea of limiting professors\u2019 freedom of expression.

\u201cI think it would be stimulating for students in the classrooms study- ing history to see how history ties into contemporary politics,\u201d said Tappan.

n e w s
September 22, 2008
Page 2
w w w . O R E D I G G E R . n e t
Abdullah Ahmed, Asst. Business Manager
Switzerland: A team from the University of
Bern has discovered the gene responsible for
baldness in hairless dogs. The study \ue000nds that

the gene, code-named FOX13, had emerged as a mutation about 4000 years ago. The same gene sequence is found in humans and mice. The study also stated that an earlier discovery of FOX13 in humans was not possible since the genome sequence that scientists used as a standard contained an error that prevented deciphering the gene.

Australia: Approximately 100 new

species have been discovered in Australian waters. The list includes mostly new sharks and rays. Though these species have been mentioned in the past in a book, scientists have not studied them until now. Methods of conserving and protecting these rare water animals are being developed.

Pittsburgh, USA: Researchers at

the University of Pittsburgh are de- veloping a unique method to clean up oil spills in water. The process begins with injecting the polluting

oil with ferro\ue001uid (nanoparticles of

liquid iron). Then, using a super magnet, the oil could be collected easily. This new method requires

great amounts of ferro\ue001uid, which

is very expensive. The scientists are currently looking for ways to recycle and reuse the ferrofluid more than once.

Ohio, USA: Using a 250,000
frames-per-second video camera,
scientists at the University of Ohio
have \ue000lmed the \ue000rst-ever video of

fungi shooting microscopic spores into the air. The four types of fungi studied are able to launch their spores at speeds exceed over

1000 times the speed of a \ue001y\u2019s

takeoff. Now the research is fo- cusing on indoor mold to examine the spores they release that cause serious allergies.

Oredigger Staff
Zach Aman
Editor-in-Chief
Sara Post
Managing Editor
Hilary Brown
Copy Editor
Josh Elliott
Business Manager
Lily Giddings
Design Editor
Richard Walker
Webmaster
Cericia Martinez
Asst. Design Editor for Layout
Amanda Graninger
Asst. Design Editor for Style
Tiffany Turner
Asst. Design Editor for Style
Ryan Browne
Asst. Business Manager for
Web Content
Abdullah Ahmed
Asst. Business Manager for
Sales and Marketing
Mike Stone
Fool\u2019s Gold Content Manager
Jason Fish
Content Manager
Kevin Duffy
Content Manager
Tim Weilert
Content Manager
Matthew Pusard
Content Manager
David Frossard
Faculty Advisor
Emily Trudell, Staff Writer
Headlines from around the world
Bill Gates remained listed

as ther i c h e s t man in Amer- ica when Forbes magazine named its 400 richest Americans.

Numbers on Wall Street took a dive early last week as a number of large banks went bankrupt. The economic situation continued to fluctuate throughout the week.

Kwame Kilpatrick, the former

mayor of Detroit, stepped down from his position after admitting to lying in court; Kilpatrick will also be going to jail for the charges.

Of\ue000cials atNASA said that the
October 10th launch date for a shut-
tle \ue001ight to the Hubble Space Tele-
scope will most likely be delayed
due to a problem with the replace-
ment batteries for the telescope.

Hackers broke into the private Yahoo email account of Repub- lican Vice Presidential candidate

Sarah Palin, revealing personal
emails she had received from
Presidential candidate John Mc-
Cain. Also last week, Palin spoke at
the Jefferson County Fairgrounds.
The Anti-Doping Agency be-
gan retesting blood samples from
this year\u2019s Tour de France in an

attempt to catch more competitors who may have used the blood boost- er EPO or similar banned drugs.

A new study found that a new method of X-ray colonoscopy is effective at finding cancers, and healthcare providers have begun to consider this new form of less-invasive cancer screening.

Democratic Presidential candi- date Barack Obama stated that, as president, he would work with

United States military officials
to withdraw the \u201cdon\u2019t ask, don\u2019t
tell\u201d policy towards homosexuality.
Lockridge Arena was packed

to capacity when Obama gave a speech at Mines where he outlined his economic plans.J e ff e r s o n

County is being projected as an

important swing county in Colo- rado, which has become a swing state for the upcoming election.

Though United States super-
markets currently do not sellge-
netically altered animal meats,

the Food and Drug Administra- tion stated that it will begin to consider allowing their sale.

Thousands of Chinese babies continued to suffer from kidney stones and kidney failure due

to the chemical melamine,
which was found inSanlu
baby formula; parents
of the children con-
fronted the com-
pany for refunds.
A page ofMo-
zart\u2019s noteswas
found in a French Library outlining
the draft of a musical composition.

After six full weeks of com- petitions in China, the Olym- pic Games concluded in Bei- jing after the closing ceremony for the Paralympic Games.

Hundreds of new species of
marine life were discovered in the

coral reefs off the coasts of Australia after a series of expeditions con- ducted by the Census of Marine Life.

At least 16 people were killed when terrorists attacked the United States Embassy in Yemen, includ- ing Susan Elbaneh, an 18-year-old

woman from upstate New York.

TheWorld Health Organization revised its estimate for the number of people infected withmalaria each year from 500 million to 247 million.

Near Geneva, Switzerland, the cooling system responsible for keeping the Large Hadron Col-

lider at near zero Kelvin tempera-
tures malfunctioned only one day
after the collider was launched.
Tomoji Tanabe, the world\u2019s
oldest man, celebrated his1 1 3th
birthday this week in his home in
Miyakonojo, Japan, and stated that
he would like to live \ue000ve more years.
Anxious.
Thecrowdawa
itsObama\u2019se
ntrance.
ANDREW
FERG
U
SON
/
O
R
E
D
I
G
G
E
R
n e w s
September 22, 2008
Page 3
w w w . O R E D I G G E R . n e t

You\ue007 \ue008\ue009ud\ue002\ue005\ue009 \ue001ody
\ue006\ue007\ue002\ue008id\ue002\ue005\ue009, K\ue002vi\ue005 Duffy,
i\ue005vi\ue009\ue002\ue008 you \ue009o \ue009h\ue002 \ue008\ue002co\ue005d
ASCSM \ue004\ue002\ue002\ue009i\ue005\ue003 of \ue009h\ue002 y\ue002\ue000\ue007.

The next ASCSM meeting is
September 25th at 7 PM in Student
Center Ballrooms A and B.

We want to hear from you! Come
speak up at your next student
government meeting.

$25 gift card

raf\ue000ed for the
audience at
each meeting.

STUDENTS

Semiconductors function to control electronics in a binary fash- ion, by having an \u2018on\u2019 position and \u2018off\u2019 position. According to Dr. Craig Taylor in a presentation last Tuesday, semiconductors are now feasible for memory applications.

Signi\ue000cant advances have been

made recently in semiconductor research. They can be used ten million to a trillion times before fail- ing, and their speed \u201cis now on the scale of tens of nanoseconds,\u201d said Dr. Taylor.

Dr. Taylor focused his presen- tation on types of Germanium- Antimony-Tellurium (GeSbTe). The material is commonly found in rewrit- able DVDs (DVD-RWs). GeSbTe is useful because \u201coptical disks work

on the basis of re\ue001ectivity,\u201d said Dr.
Taylor.
The \ue000rst step in understanding

this phenomenon is to study the structure of GeSbTe. \u201cThe struc- ture, until recently, was relatively unknown,\u201d said Dr. Taylor.

GeSbTe is stable in both a crys-
talline structure and an amorphous
Smart semiconductors
Robby Gill
Staff Writer
structure. Each structure has a
different re\ue001ectivity, allowing it to

be used in optical disks. \u201cThese materials are dominated by the covalent nature of the bonding,\u201d said Dr. Taylor. By using Nuclear Magnetic Resonance scanning, Dr. Taylor showed that as the number of Te atoms increase, the number of folding Te-Te bonds tends to decrease.

Dr. Taylor discussed the limits of his data. The experiments could only be conducted in a maximum 17.5

Tesla \ue000eld, so data extending to 30

Teslas had to be estimated. \u201cWe\u2019ll have to go back and do it right,\u201d said Dr. Taylor.

It is still unclear what the speci\ue000c
switching mechanism is for GeSbTe.
According to Dr. Taylor, this is the
\u201choly grail\u201d for this \ue000eld of research.
NASA and the U.S. Air Force
have a signi\ue000cant interest in semi-

conductors. Dr. Taylor pointed out that semiconductors could be used to \u201cprogram around failing comput- ers using electricity.\u201d In other words, a change in voltage from a short circuit would cause a semiconduc- tor to signal for electricity to be shot down another circuit.

Up next was Denver Mayor John
Hickenlooper, a self-identi\ue000ed politi-

cal outsider and business-minded leader. \u201cAs most of you know, I\u2019m not such a great politician,\u201d said Hickenlooper, \u201cI\u2019m someone who believes in good govern-

ment. When I ran [for mayor] \ue000ve

years ago, I was someone on the outside who wanted to change government to work for everybody.\u201d Hickenlooper shared anecdotes about Obama and talked about the issues of change and what effects an Obama presidency would have on Colorado residents.

Following Hickenlooper was
Colorado Governor Bill Ritter. \u201cIn
January 2007, we said, in Colo-

rado, we\u2019re going to be a leader in the new energy economy,\u201d said Ritter, \u201cWe\u2019re going to create jobs in renewable energy across Colo- rado just by saying \u2018We can.\u2019\u201d The Governor discussed various renewable energy projects, such as the foundation of the world\u2019s largest wind tower manufacturing company in Pueblo. Ritter stressed the importance of renewable en- ergy and its effect on security and the economy. He ended by encouraging Colorado voters to vote for Obama, focusing on the fact that Colorado is a swing state.

Several other speeches took
place before Senator Obama \ue000nally

made his appearance. Remarks from Erin Ramsey, an Obama Field- Organizer for Jefferson County, again stressed the importance of Colorado in the November elec- tion. She urged Obama supporters to volunteer for the candidate, a theme which ran throughout the event. Fredrico Pe\u00f1a, a former mayor of Denver, Secretary of En- ergy and Transportation under the Clinton Administration, spoke \u201cto keep things warm\u201d during the wait.

As the crowd sat in waiting, their anticipation intensified with chants of \u201cO-Ba-Ma!\u201d The cheers grew as Peggy Roach, a Lakewood woman, took the stage to share her story before introducing Obama.

As she \ue000nished, Lockridge Arena

literally shook with cheering, and, when Obama finally emerged from behind the cur-

tains, the cheer-
ing intensified.
O b a m a \u2019s
speech, titled
\u201cConfronting An
Economic Crisis,\u201d
began with his remarks
about the current eco-
nomic woes facing America.
\u201cIn the last few days,\u201d said
Obama, \u201cWe have seen clearly

what\u2019s at stake in this election. The news from Wall Street has shaken the American people\u2019s faith in our economy.\u201d He proceeded to describe specific instances of recent economic crises, and attack Senator John McCain\u2019s economic philosophy. \u201cThis isn\u2019t 9/11,\u201d said Obama, \u201cWe know how we got into this mess, what we need now is leadership that gets us out. I\u2019ll provide it, John Mc- Cain won\u2019t, and that\u2019s the choice for Americans in this election.\u201d

The speci\ue000cs of Obama\u2019s eco-

nomic plan included job creation, retooling of bankruptcy law, eco- nomic framework and regula- tion. \u201cTo jumpstart job creation,

I have proposed a $50 billion

emergency economic plan that would save one million jobs by rebuilding our infrastructure, repair- ing our schools, and helping our states and localities avoid damag- ing budget cuts.\u201d Obama spoke against lobbyists, promised to cut taxes for working Americans, affordable healthcare, and offered \u201cchange, as more than a slogan.\u201d

Energy was also a hot topic. \u201cWe\u2019ll tap our natural gas reserves, invest in clean coal technology, and

\ue000nd ways to safely harness nuclear
power,\u201d said Obama. \u201cI\u2019ll help our
auto companies re-tool, so that the
fuel-ef\ue000cient cars of the future are

built right here in America. I\u2019ll make it easier for the American people to afford these new cars. And I\u2019ll

invest $150 billion over the next

decade in affordable, renewable sources of energy wind power and solar power and the next genera- tion of biofuels, an investment that will lead to new industries and

\ue000ve million new jobs that pay well
and can\u2019t ever be outsourced.\u201d

Senator Obama ended his speech by echoing the themes that had been talked about all morning. As he closed his speech with an encouragement for his volunteers, he said, \u201cI ask you to knock on some doors, and make some calls, and talk to your neighbors, and give me your vote on November 4th. And if you do, I promise you we will win Colorado, we will win this election, and we will change America together.\u201d

In an email sent to students CSM President Miles \u201cBill\u201d Scoggins rec- ognized the positive implications of hosting a presidential candidate. \u201cI am proud we were selected as the

venue for this event, as it re\ue001ects our

growing recognition as a leading, world-class research university,\u201d said Scoggins. \u201cI am also proud that we were contacted by Senator McCain\u2019s campaign staff earlier this summer. Although they chose an- other location for their event at that time, we welcome further inquiries from them about renting a facility at Mines. We should all be proud that our campus is a place where national policies are discussed.\u201d

Obama speaks to roaring
crowd in Golden
continued from page 1

Division of Economics and Business Seminar: \u201cMeasuring Supercycles in Minor Metals\u201d

Although periodic price \ue001uctua-

tions have long been a topic of inter- est for economists, one Colorado School of Mines student recently unveiled a study on the impact of multiple-decade economic cycles in minor metals.

This issue was addressed by Daniel Jarrett\u2019s recent paper, \u201cMea- suring Supercycles in Minor Met- als.\u201d Jarrett, a fourth-year Ph.D. candidate at the Colorado School of Mines said, \u201cThis whole idea of studying long cycles really hasn\u2019t gotten a lot of attention.\u201d

According to Jarrett\u2019s lecture, the
fundamental problem with studies
of supercycles is one of de\ue000nition.
Greg Davies
Staff Writer
\u201cAdvocates and critics have failed to
de\ue000ne [supercycles],\u201d said Jarrett.
Jarrett de\ue000ned a \u201csupercycle\u201d as
an economic pattern lasting any-
where from 20 to 70 years. Another

obstacle in supercycle research was the possibility that \u201clong cycles may be a statistical artifact,\u201d where

economists may see \ue000ctitious cycles
as the result of inappropriate data
interpretation.

According to Jarrett, practical ap- plications of the research are espe- cially pertinent to mining companies. Mining is an industry with \u201chigh risk and long gestation periods,\u201d said Jarrett. As a result, predictions about the market, in the short term, gener- ally have limited usefulness.

By the time the mining opera- tion is up and running, explained Jarrett, the short-term cycle may

have ended and large amounts
of capital may have already
been invested. Since
supercycles reach
farther, their predic-
tions would be
more likely to
generate suc-
cessful long-term results.
The research was furthered by
unique qualities in the trade of minor
metals. The \ue000rst of these, Jarrett ex-
plained, is that they \u201cdo not trade on
a formal exchange.\u201d This fact made
data collection more dif\ue000cult than

standardized commodities. In addi- tion, the trade of minor metals has a \u201cdifferent market structure\u201d than most goods. For example, China\u2019s monopoly over tungsten resulted in a dramatic global price spike when a natural disaster struck the country.

The theory of supercycles ex- perienced a recent resurgence in popularity, when Citigroup\u2019s Alan Heap claimed that \u201ca supercycle is underway, driven by material in- tensive economic growth in China.\u201d Heap believes that supercycles have

occurred twice in the past 150 years,
both during periods of economic

growth. According to Heap, the \ue000rst occurred from the late 1800s to early 1900s and the second occurred in the mid-1900s from post-war recon-

struction and economic expansion in
Europe and Japan.
Jarrett\u2019s studies show strong cor-
relations between minor metal prices

and supercycles, speci\ue000cally after the 1950s. \u201cOur paper is really the \ue000rst paper to try to measure some-

thing like this,\u201d said Jarrett.

According to Jarret, this research is one of the first to quantifiably measure supercycles and could be a strong basis for future research.

Would you like to know more about
Obama\u2019s visit or departmental lec-
tures? Visit www.oredigger.net to
watch video-feeds, view slideshows and
comment on articles!
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