Winmill points at the debt ceiling debate as one of the factors helping to push the price of gold higher, recognizing that along with ultra-loose monetary policy, the government is running out of tools to bring down unemployment rates that have crept past 9%.

FORBES: With Gold Set To Peak At $1,700, Miners Like Goldcorp Look Cheap

Today, our tools are smartphones running advanced software.

FORBES: Your Cell Phone Can Change the World

As well as offering the benefit of being able to receive high-quality streamed video, the devices linked to these networks will be formidable business tools, capable of running advanced applications and shifting vast amounts of data securely on corporate intranets.

ECONOMIST: Mobile telecoms