Bitcoin still soaring

April 9, 2013

Updating my previous post, the Bitcoin value  continues to soar and had reached about $240 today. The Bitcoin hoard of 21 million is now worth about $5 billion.

Three months ago the value of a Bitcoin was less than $10. Simple arithmetic tells us that around an additional $4.8 billion has come into this market and  is now locked up as Bitcoins. Some of this enhanced value may be due to intentional circular trading but if that is the case this bubble will burst and some will make a killing and others are going to take a big hit. Anybody who has entered recently without a well thought out exit strategy is taking a big risk.

Last price:$235.70000, 

High:$240.11100, Low:$180.00000, 

Volume:108657 BTC 

bitcoin value 9th april 2013 in USD

bitcoin value 9th april 2013 in USD

Bitcoin value in US Dollars

Bitcoin value in US Dollars last 6 months to 7th April

“Global warming is the opiate of the upper middle class”

April 9, 2013

That “global warming” is a religion I have no doubt. But we could be going through a Martin Luther or perhaps a Galileo Galilei  moment for this religion as its foundations crumble. “Heretics” are gaining ground steadily as the high priests of the global warming religion continue to roar and bluster and threaten hell-fire and damnation.

The “religion” theme is succinctly put by Henry Payne in The Detroit News. Considering the soporific and addictive nature of the religion and its ability to induce a feeling of being superior I thought that being “an opiate of the upper middle class” was particularly apt.

Paris, France – From Anglicanism to Catholicism, Europe’s history is full of state-based religion. In secular 21st century Europe, the unofficial state religion is the GreenChurch. Environmentalism inspires a devout, pro-Kyoto devotion here quite different than the more skeptical American outlook.

But France’s strident green political and media voices are curiously silent this year. Perhaps it’s the bone-chilling spring.

Parisians used to leafy April vistas shiver past leafless trees on Paris’s beautiful, tree-lined parks. Temperatures are in the mid-40s, well below the 60s-normal. Average temperatures across the continent are, on average, 4-8 degrees below normal with March registering colder average temperatures than January. Snow fell in England, France, and Germany this spring- an unusual occurrence. The cold snap follows the frigid London Olympics last summer and over a decade of flat temperatures worldwide. Hardly the stuff of global warming. But the GreenChurch is firm in its doctrine – and the global warming high priests must be obeyed.

If Christianity was the opiate of the masses in centuries gone by, then global warming is the opiate of the upper middle class.

As such, politicians here have imposed draconian laws on their masses, from high gas taxes to high utility costs – a situation so extreme in Germany that the term “electric poverty” has become a common term. Unable to afford high energy costs imposed by government censor of sinful coal power, thousands have had their power shut off.

Here in Paris, French citizens suffer under $7.50 a gallon gas even as hey huddle at the pumps in winter overcoats. They pay their sin taxes, but, they may ask, to what end?

Illusion of vibrating motion

April 9, 2013

From http://ilusoesoptica.blogspot.se/

Corruption is rife among municipal politicians and officials – believe Swedes

April 9, 2013

The Swedish Ministry of Finance publishes a report today by their Expert Group on Public Finance which shows that every other Swede suspects that corruption is widespread among municipal politicians and officials. Unlike other parts of the EU, in Sweden local politicians and officials are suspected far more than at national level and around 60% believe that cronyism, bribery and nepotism are common at the municipal level. The study was set up partly in reaction to the Gothenburg corruption scandal.

The report by the expert group consisting of Prof. Anders Bergh, Lund School of Economics, Prof. Gissur Erlingsson, Linköping University, Prof. Mats Sjölin, Linne University and  Richard Öhrvall, Institute of Industrial Research, is published today. The report proposes a system of random independent audits and that information available to the public under transparency regulations must be much more understandable.

I don’t think that the public perception presented here is that far from reality.

Dagens Nyheter: 

Our central proposal for action is for a system of annual external audits of financial statements of a number of randomly selected municipalities. We also suggest that municipal finances disclosures shall be made accessible and that citizens who suspect fraud should be able to request external review of the municipality.

The legal aftermath of the corruption scandal in Gothenburg has now been running for two years. Despite some convictions, it is clear that morally reprehensible behavior does not necessarily lead to prosecution or heavy penalties. The Gothenburg scandal fits well into the general pattern.

In the new report presented today, we argue that corruption problems in Swedish municipalities are in an ethically gray area that does not fall clearly within narrow legal definitions. Corruption is a special case of abuse of power where politicians and officials benefit themselves or their relatives at taxpayers’ expense. Precisely because the boundaries are not clear, it is important that we do not rely only on the law to counter the problems. A positive side effect of the Gothenburg scandal is that the discussion about what we should expect from our elected officials and civil servants seems to have been established on the political agenda. ….. 

….. It is difficult to say if the scandals are exceptions to the image of Sweden as free from corruption problems or is the tip of an iceberg. More newspaper articles, more prosecutions and convictions does not necessarily mean that corruption has become more common. But when more people perceive widespread corruption problems it damages the credibility of democracy. Here Sweden differs from the other Nordic countries: Compared with Denmark, Finland and Norway,  Swedes distrust the honesty of public officials to a much greater extent. Studies show that 9 out of 10 Swedes believe that public officialsbehaviour depends on personal contacts, a remarkably high figure by international standards. The pattern is repeated in several studies. ….. 

Transparency principles are well established in Swedish government. In many municipalities  however, significant parts are run as businesses in corporate form, which often leads to ambiguities of the status of Freedom Of Information principles. Nor is it sufficient that the documents may be requested by anyone. To combat corruption documents must be understandable and encourage reviews and comparisons  with other municipalities. Many municipalities use information technology inspired by the trend in open data. But it rarely occurs in a way that makes it easier for citizens, researchers and journalists to examine, for example, how the municipal councils are using their money, or what municipalities pay for various construction projects. ….

….. An analysis of, say, a dozen municipalities annually may not lead to new scandal revelations. But the audit is a strong reason to avoid precisely the kind of behavior that would be considered problematic if it was discovered. ….

Argentina joins the shale gas bandwagon

April 8, 2013

The shale gas bandwagon is now truly rolling and countries all across the globe are scrambling to catch up. The wide-spread reserves mean that, more than any other energy source, shale gas has the potential of making concerns about energy security and reliance on foreign sources a thing of the past. South America also has its share of gas bearing shale. Argentina and Brazil have substantial shale deposits which the EIA estimates could give 774 and 226 trillion cubic feet of gas respectively. Even Chile and Bolivia have substantial deposits. The Argentinian deposits are only smaller than those in the US and China.

Shale Gas deposits South America SOURCE: USGS

Shale Gas deposits South America SOURCE: USGS

In April last year Argentina nationalised the YPF unit of Spanish Grupo Repsol which in turn had been acquired by Repsol on privatisation of YPF in 1999. There is a dispute ongoing between Repsol and the Argentinian government regarding the compensation for the nationalisation. One of the reasons for the nationalisation was a perceived reluctance from Repsol to invest in Argentina. While Repsol acquired YPF in 1999 for $15 billion, the nationalised assets of YPF are now valued at only around $9 billion.

OilPrice: Argentina shale gas reserves exceed its 13.4 trillion cubic feet (tcf) conventional proven gas reserves. The largest shale play is the Neuquen basin with more than 250 TCF. YPF discovered 4.5 TCF of shale gas in the Loma de la Lata Field of Neuquen in December 2010. Gas transportation and field services infrastructure are already in place making it attractive for further development. There are also additional Argentine shale deposit reserves in Chubut and Santa Cruz provinces near the Golfo San Jorge in the Atlantic southeast part of the country.  The U.S. Energy Information Administration (EIA) says Argentina’s technically recoverable shale gas reserves are the third largest in the world after the United States and China at 774 trillion cubic feet (Tcf) with more than half of that in the Neuquén Basin on the western side of the country. ….

To exploit its shale potential Argentina needs the active participation and assistance from large international oil field services companies and deep pocket investors. … Argentina’s shale resource potential is large enough to attract the biggest companies. But in the rapidly changing world of global shale development there are many places where investors can participate in the growth of shales without the risk Argentina presents. 

In any event Argentina is looking to make YPF a flagship for the country in the Oil & Gas space (with Petrobras across the border as an example to follow). And YPF will need both fracking technology and investment if they are to make something of their vast gas shale reserves in the Neuquén basin. There are a number of potential suitors from the US and even from China who may be prepared to take on the perceived country risks of Argentina, but Dow Chemical seems to be the first:

Chemical & Engineering NewsWith eyes on what could be the first shale gas project in Argentina, Dow Chemical has signed a memorandum of understanding with the Argentinian oil company YPF to develop a gas-rich area of the country.

The memorandum envisages YPF ceding Dow a 50% stake in a shale formation in Neuquén province. Dow and YPF also would explore expanding petrochemical capacity in the country on the basis of additional raw material supply. The firms are still negotiating the terms of the deal.

In the U.S., abundant shale-based feedstocks are leading to a renaissance in the petrochemical industry. According to the U.S. Energy Information Administration and consulting firm Advanced Resources International, Argentina has 774 trillion cu ft of recoverable shale gas reserves, the third-largest amount after the U.S. and China. But energy companies are so far only drilling exploratory wells in Argentina.

Dow already operates an ethylene cracker and polyethylene plants in Bahia Blanca, Argentina. In 2001, the company completed $720 million in expansion projects at the site.

And Dow is involved in chemical feedstocks in the country. In Bahia Blanca, it has a 28% interest in Compañía Mega, a natural gas liquids fractionation joint venture with YPF and Brazil’s Petrobras. The venture takes in natural gas liquids from Neuquén and supplies the ethane to Dow to feed its ethylene cracker.

The U.S. firm has been keen to expand its polyethylene business in the region but has been stymied by feedstock supply. Dow recently delayed a plant in Brazil that would get its ethylene from sugarcane-derived ethanol.

Could Russian money from Cyprus be fuelling the Bitcoin?

April 7, 2013

In the last 6 months the value of the “virtual” currency the Bitcoin has jumped from $9.7 to $149. It started increasing significantly in February and really  took off in the middle of March this year. It seems too much of a coincidence that the worries (and the rumours) about the Cyprus banks followed the same time-table.

Bitcoin value in US Dollars

Bitcoin value in US Dollars

It is thought that much of the Russian money stashed away in Cyprus – especially the “black” money – left Cyprus before all the restrictions came into effect. That money must have gone somewhere and that somewhere would need not only to be “remote” but which also could provide the possibility of some “laundering” when the money was moved again. The Bitcoin perhaps could provide such a haven. If the bubble bursts in the next few months it could well indicate that the Russian money has moved again, well “laundered” and probably at a profit.

The bitcoin logo

At current values the Bitcoin “hoard” – restricted to be 21 million Bitcoins – represents a little over $3 billion.

The Telegraph reports that

Russia is the country most interested in Bitcoin, internet searches show, after a week in which the controversial electronic currency reached a record high and led to talk of a bubble.

The virtual currency, which allows users to circumvent the banks, burst into the mainstream as the price of a Bitcoin rose to $147 (£96) against the dollar, from under $20 at the start of this year.

Russia is the country now performing the most internet searches for the term “Bitcoin”, according to Google figures, followed by Estonia, the United States and Finland. The UK is not in the top 10.

The data gave weight to the belief that the recent price spike was driven by the crisis in Cyprus, as cuts to depositors’ savings planned under its bail-out further undermined faith in the global banking system.

Russian businesses were thought to account for €19bn of deposits held in Cypriot banks as of September last year, due to tax advantages, cultural links and, in some cases, for reasons of tax evasion. …….

……….. Created by a developer using a psuedonym in 2009, Bitcoin was intended to offer a means of payment that cuts out the banks through a “purely peer-to-peer version of electronic cash [that] would allow online payments to be sent directly from one party to another without going through a financial institution”.

The coins are “mined” by computer processing, with the system capping the number that can be produced at 21m. The process is technically difficult, meaning it has a cost in terms of equipment and electricity.

Portugal moves closer to a Red Euro

April 7, 2013

The common thread running through the countries which are now in or entering the Red Euro zone  is that they have reached their current positions because they have all been incredibly profligate in their public sector while being incredibly lax in controlling the excesses of a rampant private banking sector. Of course the private sector “cowboys” have made obscene amounts of money and ridden off into the sunset. But a large number of public sector employees also made economically unjustified gains in the form of increased salaries and inflated pensions and reduced working hours. Now the piper has to be paid and of course those doing the paying are not necessarily those who gained the benefits. There is a pervading sense of the unfairness of it all.

It is only to be expected that those bearing the brunt of the consequences will fight to retain what they have. Portugal has been teetering on the brink of falling into the Red Euro zone and has been struggling to implement the austerity measures that are deemed necessary. Most of the austerity measures in Greece and Italy and Portugal postpone the day of reckoning but don’t really correct for the previous profligacy. Now Portugal’s Constitutional Court has rejected some of the measures for public sector salary and pension reductions as being “unfair”. Portugal continues “muddling through”  and Government sources are playing down the impact of the Court’s rejections but Portugal is one step closer to the Red Euro. There is an argument that formally establishing the Red Euro zone with a lower value than the Blue Euro rather than “muddling through” with all the Euro constraints, would be a better way to go.

(Reuters) Portugal’s constitutional court on Friday rejected four out of nine contested austerity measures in this year’s budget in a ruling that deals a blow to government finances but is unlikely to derail reforms two years after the country’s bailout.

The measures rejected by the court should deprive the country of at least 900 million euros ($1.17 billion) in net revenues and savings, according to preliminary estimates by economists.

…  Debt-ridden Portugal agreed to a 78 billion euro bailout in 2011 from the European Union and International Monetary Fund. The entire package of austerity measures introduced by the 2013 budget is worth about 5 billion euros and includes the largest tax hikes in living memory, which were mostly upheld.

“It’s a lesser evil. … Putting it into perspective, a good manager and leader should not have difficulty finding room in a budget to accommodate this cut,” said Joao Cantiga Esteves, economist at the Lisbon Technical University.

…. The government has called a Cabinet meeting on Saturday, and would not provide any immediate comment. It has to cut the budget deficit to 5.5 percent of GDP this year from 6.4 percent in 2012, when it missed the goal but was still lauded by its EU and IMF lenders for its austerity efforts.

Analysts consider the outcome manageable and say the government should be able to cover the shortfall with additional spending cuts it has been working on at the request of lenders. Analysts say the lenders could also give Portugal more leeway in terms of budget targets. 

…… On Wednesday, the government easily defeated a motion of no confidence, but the move united all the opposition in parliament against it. Socialist opposition leader Antonio Seguro said on Friday the court’s ruling “reinforces our position in d..emanding the government’s resignation.”

…… The 13 constitutional court judges have been scrutinizing articles of the 2013 budget since January when opposition parties argued that cuts to pensions and welfare benefits undermined workers’ basic rights.

The court rejected cuts in pensioners’ and public servants’ holiday bonuses, as well as reductions to sickness leave and unemployment benefits. They upheld tougher measures such as a reduction in the number of tax brackets, which alone brings in an estimated revenue of more than 2 billion euros.

Last year, the court also dealt a blow to government plans for more public-sector wage cuts, forcing it to resort to tax hikes instead. The austerity has provoked mass protests, but rallies in Portugal have been much more peaceful than in countries like Greece or Italy.

Idiot science? Urban vegetation decreases violent crime but not theft!

April 6, 2013

Correlation and causation again! Correlation does not necessarily mean causation and even real causation may not give any correlation.

The authors are from the Department of Geography and Urban Studies, Temple University, United States. And they get paid for this?

Does vegetation encourage or suppress urban crime? Evidence from Philadelphia, PA, Mary K. Wolfe and Jeremy Mennis, Landscape and Urban Planning, Volume 108, Issues 2–4, November–December 2012, Pages 112–122, http://dx.doi.org/10.1016/j.landurbplan.2012.08.006

(emphasis added)

AbstractThere is longstanding belief that vegetation encourages crime as it can conceal criminal activity. Other studies, however, have shown that urban residential areas with well-maintained vegetation experience lower rates of certain crime types due to increased surveillance in vegetated spaces as well as the therapeutic effects ascribed to vegetated landscapes. The present research analyzes the association of vegetation with crime in a case study of Philadelphia, Pennsylvania. We examine rates of assaults, robberies, burglaries, and thefts in relation to remotely sensed vegetation abundance at the Census tract level. We employ choropleth mapping, correlation, ordinary least squares regression, and spatial econometric modeling to examine the influence of vegetation on various crime types while controlling for tract-level socioeconomic indicators. Results indicate that vegetation abundance is significantly associated with lower rates of assault, robbery, and burglary, but not theft. This research has implications for urban planning policy, especially as cities are moving towards ‘green’ growth plans and must look to incorporate sustainable methods of crime prevention into city planning.

And Discover Magazine comments (comments?)

The explanation, the authors say, is twofold: One, green spaces encourage people to spend more time socially outdoors, which discourages crime. It’s especially helpful for crime control when young and old people mix together in public places. And two, the presence of plants has a therapeutic effect. Vegetation decreases mental fatigue and its associated symptoms, such as irritability and decreased impulse control, both considered to be precursors to violence.

This “plant therapy” mechanism is bolstered by the Philadelphia findings. The most violent of the crimes studied, aggravated assault, was most strongly correlated with a neighborhood’s degree of greenness, while the least violent crime, theft, showed no association. This could indicate that it’s a violent mentality itself that green spaces are discouraging.

That hypothesis needs further study.

And that last line is the giveaway.

No, every idiot hypothesis does not need further study! 

Population decline is looming

April 6, 2013

I have posted earlier regarding the population decline that is inevitable if the fertility rates around the world continue to decline as they are doing. The declining fertility combined with the increase in longevity and the problems of aging pose new challenges of maintaining the growth and maintenance of the infrastructure that we would have become used to. In a hundred years from now the challenge could be a real shortage of labour.

The challenge in 2100 will be to maintain the balance between those “producing” to those “supported” in a declining and aging population. Perhaps immigration or population migrations or  productivity increases by the use of robots and an increase in the age one joins the “supported” population will be parts of the solution. I have no doubt that solutions will be found, but the “overpopulation problem” would have left the stage. ….

The majority of children being born today in the developed world will live to be over 100 years old.

Now as Science 2.0 reports another model simulation shows that  The Looming Population Implosion is inevitable and just a mathematical consequence of falling fertility rates.

Total fertility by major regions, 1950-2100 (children per woman) (UN)

A model based on global population data spanning the years from 1900 to 2010 has caused a research team to predict the opposite of what Doomsday Prophets of the 1960s and beyond insisted would happen –  the number of people on Earth will stabilize around the middle of the century and perhaps even start to decline. 

The results coincide with the United Nation’s downward estimates, which claim that by 2100 Earth’s population will be 6.2 billion, if low fertility and birth rate continues on its current path, below the 7 billion we are at now. 

The numerical model developed by a team from the Autonomous University of Madrid (UAM) and the CEU-San Pablo University seems to confirm the lower estimate, in addition to a standstill and even a slight drop in the number of people on Earth by the mid-21st century. The population prospects between 1950 and 2100 provided by the UN were used to conduct the analysis published in the journal Simulation. 

“This is a model that describes the evolution of a two-level system in which there is a probability of passing from one level to another,” as explained to SINC by Félix F. Muñoz, UAM researcher and co-author of the project. …… 

……. The team considered the Earth as a closed and finite system where the migration of people within the system has no impact and where the fundamental principle of the conservation of mass –biomass in this case– and energy is fulfilled.

“Within this general principle, the variables that limit the upper and lower zone of the system’s two levels are the birth and mortality rates,” Muñoz pointed out and recalled the change that occurred in the ratio between the two variables throughout the last century.

“We started with a general situation where both the birth rate and mortality rate were high, with slow growth favouring the former,” he added, “but the mortality rate fell sharply in the second half of the 20th century as a result of advances in healthcare and increased life expectancy and it seemed that the population would grow a lot.

However, the past three decades have also seen a steep drop-off in the number of children being born worldwide.”

Revisiting Heyerdahl’s Kon-Tiki 50 years on

April 6, 2013

Last night we saw the new Kon-Tiki movie at our local cinema. A full-fledged action/adventure film it relates the story of Thor Heyerdahl and his 1947 Kon-Tiki expedition. It is the most expensive film ever to have been made in Norway and was a nominee for Best Foreign Film at this year’s Oscars (which it did not win). The film is directed by Joachim Rønning and Espen Sandberg and the role of Thor Heyerdahl is played by Pål Sverre Valheim Hagen.

English: Kon-Tiki raft

Kon-Tiki raft (Photo credit: Wikipedia)

I enjoyed every minute of this 2 hour movie. Stunning visuals and a clear demonstration, I think , that understatement is far more effective than “sound and fury” in sustaining excitement. It took me back some 50 years to 1962 when I first saw Heyerdahl’s own documentary movie about his expedition (which did win an Oscar in 1951). Ever since then I have eagerly followed Heyerdahl’s various expeditions and theories of the migrations of ancient peoples (Ra and Tigris and The Search for Odin among others). And my current fascination with anthropology is in no small measure due to Heyerdahl’s injection of adventure and wonder and a kind of “romance” into the long-dead past of our ancestors. It does not matter that his theories were heavily criticised and may not have been correct. It does not matter either that our theories about the past may no longer be capable  of being “proven” conclusively. Imagining how our ancestors – just 100 or so generations ago – could have behaved and acted is what I find absolutely compelling. And Heyerdahl’s adherence to the materials and tools of the past adds credibility at least to imagining what our fore-fathers could have accomplished – if not necessarily to his own theories.

Back in 1962 when I first saw Heyerdahl’s documentary I had not fully appreciated the enormity of what Heyerdahl and his “glad amateurs” were trying to do. While he had an absolute belief in the migration of people from South America to Polynesia, his companions were only there either because he was or because they were seeking some intense adventure after the war. While the success of the Kon-Tiki could not prove that this migration had actually taken place it certainly proved that it could have. Heyerdahl’s theory received much criticism from the establishment view that Polynesia had been populated solely from Asia. But what all this “establishment criticism” sometimes forgets is their sense of wonder and that Heyerdahl does actually prove that it could have happened. This criticism continued well into the 1990’s but the latest genetic studies now show that Heyerdahl was in fact partly correct.

Heyerdahl’s theory of Polynesian origins never gained acceptance among anthropologists. Physical and cultural evidence had long suggested that Polynesia was settled from west to east, migration having begun from the Asian mainland, not South America. In the late 1990s, genetic testing found that the mitochondrial DNA of the Polynesians is more similar to people from southeast Asia than to people from South America, showing that their ancestors most likely came from Asia. Easter Islanders are of Polynesian descent. Anthropologist Robert Carl Suggs included a chapter titled “The Kon-Tiki Myth” in his book on Polynesia, concluding that “The Kon-Tiki theory is about as plausible as the tales of Atlantis, Mu, and ‘Children of the Sun.’ Like most such theories it makes exciting light reading, but as an example of scientific method it fares quite poorly.” Anthropologist and National Geographic Explorer-in-Residence Wade Davis also criticised Heyerdahl’s theory in his book The Wayfinders, which explores the history of Polynesia. Davis says that Heyerdahl “ignored the overwhelming body of linguistic, ethnographic, and ethnobotanical evidence, augmented today by genetic and archaeological data, indicating that he was patently wrong.”

But that is changing as advanced genetic studies show that there is some clear admixture from South America.

Now – 64 years later- new research has finally proved the adventurer was at least partly right after all. A team of scientists have tested the genetic make up of descendants of the original islanders and found it includes DNA that could have only come from native Americans.

That means that some time before the remote islands – including Easter Island – were colonised by Europeans the locals had interbred with people from South America. …. 

The established theory has always been that Polynesia was colonised via Asia around 5,500 years ago. This has been backed up by archaeology, linguistics and some genetic studies. But in 1947, Heyerdahl controversially claimed that Easter Island’s famous statues were similar to those at Lake Titicaca in Bolivia, and sailed a raft from Peru to French Polynesia to prove it could have been colonised from America.

Now Professor Erik Thorsby of the University of Oslo in Norway has found clear evidence to support elements of Heyerdahl’s hypothesis.

The Polynesian gene pool: an early contribution by Amerindians to Easter Island, Erik Thorsby, Published 6 February 2012, doi:10.1098/rstb.2011.0319, Phil. Trans. R. Soc. B 19 March 2012 vol. 367 no. 1590 812-819 (full text pdf)

AbstractIt is now generally accepted that Polynesia was first settled by peoples from southeast Asia. An alternative that eastern parts of Polynesia were first inhabited by Amerindians has found little support. There are, however, many indications of a ‘prehistoric’ (i.e. before Polynesia was discovered by Europeans) contact between Polynesia and the Americas, but genetic evidence of a prehistoric Amerindian contribution to the Polynesian gene pool has been lacking. We recently carried out genomic HLA (human leucocyte antigen) typing as well as typing for mitochondrial DNA (mtDNA) and Y chromosome markers of blood samples collected in 1971 and 2008 from reputedly non-admixed Easter Islanders. All individuals carried HLA alleles and mtDNA types previously found in Polynesia, and most of the males carried Y chromosome markers of Polynesian origin (a few had European Y chromosome markers), further supporting an initial Polynesian population on Easter Island. The HLA investigations revealed, however, that some individuals also carried HLA alleles which have previously almost only been found in Amerindians. We could trace the introduction of these Amerindian alleles to before the Peruvian slave trades, i.e. before the 1860s, and provide suggestive evidence that they were introduced already in prehistoric time. Our results demonstrate an early Amerindian contribution to the Polynesian gene pool on Easter Island, and illustrate the usefulness of typing for immunogenetic markers such as HLA to complement mtDNA and Y chromosome analyses in anthropological investigations.