Mar 07

- Korea’s Premier Poultry Research Center Decimated (Science, March 5, 2014):

A new, deadly H5N8 strain of avian influenza penetrated the biosecurity defenses of a National Institute of Animal Science (NIAS) campus, prompting authorities to cull all of the facility’s 11,000 hens and 5000 ducks.

The devastating loss could set back poultry experiments at the NIAS lab for 2 years. “It will likely to take up to 95 weeks to fully rebuild [the flocks] and resume normal research,” says Kim Sung-Il, head of the contingency team at the Rural Development Administration, which oversees NIAS. Kim adds that the institute, which studies breed improvement and animal husbandry techniques, will reconstitute its flocks from birds kept at other facilities.

A wild goose that died of the virus was found 10 kilometers from NIAS’s Suwon campus, near Seoul, on 1 February. The entire NIAS staff went to work disinfecting and shoeing away wild birds at the three centers that keep poultry. Despite those efforts, 30 ducks were found dead on 2 March at the Cheonan campus, 85 kilometers south of Seoul. The next day, authorities confirmed the cause of death as H5N8 avian influenza. NIAS immediately initiated culling, which was completed on 4 March.

Continue reading »

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Dec 16

- China Slams Abe’s “Malicious Slander”; Warns Japan Is “Doomed To Failure” (ZeroHedge, Dec 15, 2013):

Overnight rhetoric in Asia became increasingly heated when China’s Ministry of Foreign Affairs expressed “strong dissastisfaction” at the slanderous actions of Abe’s Japanese government over the Air Defense Identification Zone (ADIZ) and the “theft and embezzlement” of the Diaoyu Islands. “Japan’s attempt is doomed to failure,” China warned ominously and as we highlight below, a reflection on the possible rational reasons for China and Japan to go to war over the Senkaku/Diaoyu islands highlights the seriousness of the ongoing brinksmanship in the East China Sea. If a war is fought over these long-contested islands, it will have an eminently rational explanation underlying all the historical mistrust and nationalism on the surface. War in the East China Sea is possible, despite the economic costs.

The ‘triangle’ of doom in the East China Sea…

china-japan-south-korea

 Via Google Translate,

Q: Japanese Prime Minister Shinzo Abe held in Japan recently – especially during the ASEAN summit, accusing China to unilaterally change the status of the East China Sea, East China Sea, said China’s air defense identification zone designation is improper for the high seas against the freedom of overflight, asked China to revoke the measure. What is your comment? Continue reading »

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Dec 09

- South Korea Unveils It’s Own Air Defense Zone, Overlapping China’s And Japan’s (ZeroHedge, Dec 8, 2013):

As fear and nationalism rise in Japan (and Abe’s grip on the people founders amid falling approval ratings and underperforming economic indicators such as GDP tonight), so another party has joined the debacle in the East China Sea. As NHK World reports, South Korea has officially announced that it will expand its air defense identification zone, making it partially overlap those of Japan and China. The game of chicken over small islands (and submerged rocks!) in the middle of nowhere continues…

The ‘triangle’ of doom in the East China Sea…

As NHK World notes,

South Korea has officially announced that it will expand its air defense identification zone, making it partially overlap those of Japan and China.

South Korea’s Defense Ministry said on Sunday that the expansion will go into effect on December 15th.

The move comes after China established its air defense zone over a wide area of the East China Sea last month. Continue reading »

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Nov 03

- Preparing for a North Korean Collapse (The Diplomat, Oct 31, 2013):

A report by Bruce Bennett and the RAND Corporation has brought attention to one of the most important issues for international politics. Ironically, despite being a region of vital interest within American foreign policy, there has been very little public discussion of what to do in the event of government collapse in North Korea. Bennett’s timely report provides a series of vital contributions to the discussion and further outlines the lack of preparation in political, social, economic and military terms. Yet beyond the critical end game for the Korean peninsula are deeper questions concerning how any international force might respond. Specifically, how can the U.S. and Republic of Korea effectively mobilize regional powers with their differing security and development goals?

Continue reading »

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Oct 22

Will Major Ed Dames’ predictions in regards to Korea come true???

- Remote Viewing UPDATE: Major Ed Dames On … The ‘Kill-Shot’, Solar Flares, Safe Zones, Fukushima, Gold & Silver, Economic Collapse, Mad Max, ‘Obama Is The Last President’, Martial Law & Chaos:

The world’s foremost remote viewing teacher, Edward A. Dames, Major, U.S. Army (ret.) is a decorated military intelligence officer and an original member of the U.S. Army prototype remote viewing training program. He served as the training and operations officer for the Defense Intelligence Agency’s psychic intelligence (PSIINT) collection unit, and currently serves as executive director for the Matrix Intelligence Agency, a private consulting group.


- North Korea warns of ‘merciless firing’ against South Korea (AFP, Oct 21, 2013):

Seoul — North Korea on Monday warned of “merciless firing” against the South if it goes ahead with a reported plan to develop shells to carry anti-Pyongyang leaflets across the border.

The South’s Joong-Ang Ilbo newspaper reported last week that South Korean troops were developing non-explosive hollow shells capable of carrying such leaflets deep into North Korean territory. There has been no official confirmation.

South Korean activists including defectors from the North already regularly launch anti-Pyongyang leaflets across the border by balloon, despite the North’s Korean threats to shell the “human scum” involved.

Continue reading »

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Oct 09


FILE – North Korea’s Worker-Peasant Red Guard members attend a parade marking the 1948 establishment of North Korea, in Pyongyang, Sept. 9, 2013.

- N. Korea Puts Troops on Alert Over US-Led Military Drill (VOA News, Oct 8, 2013):

North Korea has placed its military on alert and warned of “disastrous consequences” in response to a planned U.S.-led military drill near the Korean peninsula.

A North Korean military spokesman told state media all troops have been ordered to “keep themselves ready to promptly launch operations at any time.”

South Korean Defense Ministry spokesman Kim Min-seok confirmed North Korea’s military has been placed on high alert.

Continue reading »

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Oct 03

- South Korea shows off new missiles designed to hit North (Reuters, Oct 1, 2013):

South Korea showed off on Tuesday new missiles designed to target North Korea’s artillery and long-range missiles and vowed to boost deterrence against its unpredictable neighbor.

The ballistic Hyeonmu-2, with a range of 300 km (190 miles), and the Hyeonmu-3, a cruise missile with a range of more than 1,000 km (620 miles) were put on public display for the first time in a rare South Korean military parade.

Continue reading »

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Jun 01

- South Korea Is Latest To Suspend US Wheat Imports In Aftermath Of Monsanto Rogue Wheat Discovery (ZeroHedge, May 31, 2013):

The global Monsanto genetically modified wheat scandal is getting worse.

As a reminder, recently news broke out that a rogue genetically modified strain of wheat developed by Monsanto, had been found in an Oregon field late last month. But while modified food has long been a diet staple, this particular breed was the first discovery of an unapproved strain, and what made things worse is the lack of any information how the rogue grain had escape from a field trial a decade ago. As Reuters reports, “even after weeks of investigation, experts are baffled as to how the seed survived for years after Monsanto had ceased all field tests of the product. It was found in a field growing a different type of wheat than Monsanto’s strain, far from areas used for field tests, according to an Oregon State University wheat researcher who tested the strain.”

The USDA was quick to deny any suggestion of public danger:

The USDA said the GM wheat found in Oregon posed no threat to human health, and also said there was no evidence that the grain had entered the commercial supply chain.

But the discovery threatens to stoke consumer outcry over the possible risk of cross-contaminating natural products with genetically altered foods, and may embolden critics who say U.S. regulation of GMO products is lax.

This is compounded by the still fresh memory of the glaring and repeated lies by the Japanese government in regards to the Fukushima explosion, making some wonder just how far the government is willing to go to cover up potential threats if the alternative is widespread panic. Continue reading »

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Apr 10

- North Korea suspends last project with South, Putin cites Chernobyl (Reuters, April 8, 2013):)

North Korea suspended its sole remaining major project with the South on Monday, after weeks of threats against the United States and South Korea, as Russian President Vladimir Putin said any nuclear conflict could make Chernobyl look like a fairy tale.

Reclusive North Korea’s decision to all but close the Kaesong industrial park coincided with speculation that it will carry out some sort of provocative action – another nuclear weapons test or missile launch – in what has become one of the most serious crises on the peninsula since the end of the Korean War in 1953.

Tension has been rising since the United Nations imposed new sanctions against the North in response to its third test of a nuclear weapon in February. Pyongyang has been further angered by weeks of joint military exercises by South Korean and U.S. forces and threatened both countries with nuclear attack.

Putin said conflict on the peninsula could cause greater devastation than the Chernobyl nuclear disaster in 1986.

“I would make no secret about it, we are worried about the escalation on the Korean peninsula, because we are neighbors,” he told a joint news conference with German Chancellor Angela Merkel during a visit to a trade fair in Germany.

“And if, God forbid, something happens, Chernobyl which we all know a lot about, may seem like a child’s fairy tale. Is there such a threat or not? I think there is… I would urge everyone to calm down… and start to resolve the problems that have piled up for many years there at the negotiating table.”

Continue reading »

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Apr 10

- North Korea Warns It Is on Brink of Nuclear War With South (New York Times, April 9, 2013)

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Mar 30

I guess there are many who are monitoring this situation very closely now, because of Major Ed Dames’ predictions:


YouTube Added: 24.01.2013

Description:

Former military Major in charge of remote viewing, Ed Dames, discusses predictions of coming events.


- North Korea Says It Enters “War” Against South Korea, And North Korea Kaption Kontest (ZeroHedge, March 29, 2013):

Ordinarily this would be Good Friday humor (unless we are very wrong, and it turns out to be Good Friday Global Thermonuclear War) because when one cries wolf a few too many times, this is what happens (from Yonhap):

North Korea announced Saturday that it has entered a state of war against South Korea.

In a special statement, the North said it will deal with every inter-Korean issue in a wartime manner.

Continue reading »

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Mar 17

FYI.


- S.Korea border island calm despite N.Korea threat (AFP, March 17, 2013):

SEOUL — Residents of a South Korean island closest to the tense sea border with North Korea have shrugged off a warning from Pyongyang urging them to flee ahead of “thunderous attacks”, an official said on Sunday.

The North’s official website, Uriminzokkiri, told residents of five islands south of the border to leave, warning of “devastating consequences” if recent cross-border tension escalates into a full-scale conflict.

“The wisest choice when the fire of thunder rains down on you is running afar,” it said in an editorial published late Friday.

Continue reading »

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Mar 11

- North Korea demands apology from South Korea for ‘open declaration of war’ (RT, March 10, 2013):

Recent statements by Seoul have angered Pyongyang to the extent that the latter considers them a cry for war. This follows North Korea’s nullifying all non-aggression pacts and cutting the hotline with its southern neighbor.

According to North Korea’s official news agency KCNA, Pyongyang’s senior official with the Committee for the Peaceful Reunification of Korea demanded an apology on Saturday, reacting to the South Korean Defense Ministry’s threat that North Korea “will vanish from earth”, should it choose to strike first. Pyongyang has said that it views the statement as “an open declaration of war.”

Continue reading »

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Mar 11

- North Korea Forces Await ‘Final Strike Order’ from Kim Jong-un (IBTimes, March 10, 2013):

South Korea vows strong response if provoked

North Korea’s armed forces are reported to be awaiting a “final order” from the country’s supreme leader Kim Jong-un before launching a campaign against South Korea.

Ahead of a ten-day joint computer-simulated drill to be conducted by the US and South Korea on 11 March, the North’s most widely circulated mouthpiece Rodong Sinmun said: “Our front-line military groups, the army, the navy and the air force, the anti-aircraft units and the strategic rocket units, who have entered the final all-out war stage, are awaiting the final order to strike.”

The mouthpiece said the North’s nuclear weapons are also in full readiness.

“Puppet regimes in the US and South Korea will be turned into a sea of fire in the blink of an eye,” said the daily, raising tensions further in the Korean peninsula.

Continue reading »

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Mar 11

- North Korea scraps armistice, cuts hotline with South following threats (RT, March 11, 2013):

Pyongyang has nullified the 1953 armistice that ended the Korean War, also cutting a communication hotline with the South on Monday. US-South Korean military drills and fresh UN sanctions against North Korea were cited as reasons for the move.

The Korean armistice agreement has been “scrapped completely,” North Korea’s ruling party official newspaper said on Monday, citing a senior military spokesman.

There was no formal announcement confirming the report, nor has the North Korean government openly declared its hotline with the South cut.

But according to Seoul’s Unification Ministry, attempts to contact the North by telephone at 9am failed. The hotline is used to communicate between Seoul and Pyongyang, which do not have diplomatic relations.

The news comes after the communist state said last week it was ending all non-aggression pacts with South Korea and threatened to sever a hotline with UN forces in the South, at the border truce village of Pammunjom.

Continue reading »

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Feb 18

#Radioactive Asia: There Will Be 100 Additional Nuclear Reactors in Asia in 20 Years (EX-SKF, Feb 16, 2013):

As far as Asians are concerned, the Fukushima nuclear accident seems to have encouraged them to embark on new nuclear projects.

They probably look at Japan, and say, “Well their government has said all along there is no bad effect from triple meltdowns and melt-throughs, and people don’t seem to care anyway, so what’s there to lose? Not much.”

Continue reading »

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Jan 17

- Another S Korea nuclear reactor shut down due to malfunction (Platts, Jan 17, 2013):

Another South Korean nuclear reactor was shut down Thursday due to a malfunction just two weeks after two of three troubled reactors were restarted amid mounting electricity demand due to a prolonged cold spell.

No. 1 reactor at the Uljin nuclear power plant on the east coast, a pressurized water reactor with a generation capacity of 0.95 GW, halted operations at 11:19 a.m. Seoul time (0219 GMT) due to a problem with the reactor’s energy system.

The Korea Hydro & Nuclear Power, the state-run operator of nuclear power plants, said there was no immediate danger of any radiation leak. An investigation was currently under way to identify the exact cause of the problem, it said.

Continue reading »

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Oct 23

- Asian economies turn to yuan (China Daily, Oct 24, 2012):

A “renminbi bloc” has been formed in East Asia, as nations in the region abandon the US dollar and peg their currency to the Chinese yuan — a major signal of China’s successful bid to internationalize its currency, a research report has said.

The Peterson Institute for International Economics, or PIIE, said in its latest research that China has moved closer to its long-term goal for the renminbi to become a global reserve currency.

Since the global financial crisis, the report said, more and more nations, especially emerging economies, see the yuan as the main reference currency when setting their exchange rate.

And now seven out of 10 economies in the region — including South Korea, Indonesia, Malaysia, Singapore and Thailand — track the renminbi more closely than they do the US dollar. Only three economies in the group — Hong Kong, Vietnam, and Mongolia — still have currencies following the dollar more closely than the renminbi, said the report, posted on the institute’s website.

The South Korean won, for example, has appreciated in sync with the renminbi against the dollar since mid-2010.

Continue reading »

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Oct 07

- US gives nod to 800km-range S. Korean missiles (RT, Oct 6, 2012):

The US has permitted its ally South Korea to develop ballistic missiles with more than double the range it was allowed earlier. The proliferation-harming move is meant as a reaction to Pyongyang’s military build-up.

The deal was announced Sunday by Chun Young-woo, top secretary to President Lee Myung-bak for foreign and security affairs of the Korean government, after weeks of expectation. Continue reading »

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Sep 26

- China Buys North Korea’s Gold Reserves As South Korea Increased Gold Reserves By 30% (ZeroHedge, Sep 25, 2012):

The IMF reported that various countries continued diversifying into gold in July, some significantly.

South Korean gold reserves rose a sharp 16 tonnes for a 30% increase in total gold reserves.

Paraguay became the latest central bank to begin diversifying into gold. Their gold reserves rose sharply – from a few thousand ounces to over 8 tonnes.

Desperate North Korea has exported more than 2 tons to gold hungry China over the past year to earn US $100 million. Even in tough times during the Kim Il-sung and Kim Jong-il regimes, North Korea refused to let go of its precious gold reserves.

Chosun media reports that “a mysterious agency known as Room 39, which manages Kim Jong-un’s money, and the People’s Armed Forces are spearheading exports of gold, said an informed source in China. “They are selling not only gold that was produced since December last year, when Kim Jong-un came to power, but also gold from the country’s reserves and bought from its people.”

This is a sign of the desperation of the North Korean regime and also signals China’s intent to vastly increase the People’s Bank of China’s gold reserves.

Continue reading »

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Aug 19


South Korean police in gas masks take part in a drill Saturday in Seoul as part of joint U.S.-South Korean military exercises

- Kim warns troops to prepare for ‘sacred war’ during US-South Korea exercises (CNN, Aug 18, 2012):

North Korean leader Kim Jong Un told his troops to be vigilant during upcoming training exercises between South Korea and the United States, saying they should be ready to lead a “sacred war,” state media reported Saturday.

Kim’s comments came during a visit on Mu Island with troops who participated in the 2010 shelling of South Korea’s Yeonpyeong Island, an attack that North Korea at the time said South Korea provoked by holding war games off their shared coast.

“He ordered the service persons of the detachment to be vigilant against every move of the enemy and not to miss their gold chance to deal at once deadly counter blows at the enemy, if even a single shell is dropped on the waters or in the area where the sovereignty of (North Korea) is exercised,” the state-run KCNA news agency reported.

Continue reading »

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Apr 08

- The Hunt For Red Pyongyang: South Korea On Alert For Naval Attack After “Losing” 4 North Korean Subs (ZeroHedge, April 6, 2012):

Just because the imminent launch of a North Korean rocket along a trajectory which will likely force Japan to strike it down, something which Pyongyang said would be equivalent to an act of war, was not enough, it now appears that South Korea has commenced the hunt for Red Pyongyang or four, as it is now “searching for four North Korean submarines that disappeared after leaving their bases on the tense peninsula.” ABC News reports that “A military source quoted in a South Korean newspaper says up to four North Korean submarines slipped out of port in recent days and have so far avoided detection. The source was also quoted as saying that Pyongyang has stepped up submarine infiltration drills as the weather has warmed.” As a result, “Seoul is now on alert for a possible strike against a South Korean naval ship.” This won’t be the first time a North Korean sub is implicated in potential wrongdoing: “The South accuses the North of using a midget submarine to sink the corvette the Cheonan two years ago, which left 46 South Korean sailors dead.”

Just more posturing, Or will Kim Jong Un force the hand of either Seoul or in a few days, Tokyo? From Al Jazeera:

Japan has completed the deployment of a land-based system of interceptor missiles in preparation for a planned North Korean rocket launch later this month.

The exercise was finalised in Okinawa on Thursday, days after a similar deployment was completed on Monday in Naha, the capital of Okinawa prefecture.

The interceptors would be ready to shoot down any parts of the rocket that veer into Japan’s airspace.

Continue reading »

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Feb 01

Korean research, a first step toward Dr. Smartphone? (Reuters, Jan 23, 2012):

Tired of long waits at the hospital for medical tests? If Korean researchers have their way, your smartphone could one day eliminate that — and perhaps even tell you that you have cancer.

A team of scientists at Korea Advanced Institute of Science of Technology (KAIST) said in a paper published in Angewandte Chemie, a German science journal, that touch screen technology can be used to detect biomolecular matter, much as is done in medical tests.

Continue reading »

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Jan 04

See also:

- South Korea: Radioactive Seaweed At 0.76 MicroSieverts/Hour From East Coast


2011 Nov 30th South Korea rain radiation 20 microSv/hr from joytek on Vimeo.

Description:

rain sample collected from a car hood in Chuncheon, South Korea on November 30th, 2011. All cars were covered by a powdery substance that fell with the rain.

2011 Nov 30th radioactive rainout in South Korea 16 microSv/hr from joytek on Vimeo.

Description:

radioactive rain sample from South Korea, Chuncheon collected from a car hood on November 30th, 2011.

South Korea, Chuncheon, Dec 13, 2011, neighborhood radiation (0.7 microSv/hr +) from joytek on Vimeo.

Description:

This is the reading on my street in Chuncheon, South Korea, on December 13th, 2011. The pavement is reading at more than 0.7 microSv/hr while the at chest height the reading is about 0.4.

measuring device: Inspector Alert

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Jan 03

2012 Jan 2nd, South Korea, Seaweed radioactivity test (part 1) from joytek on Vimeo.

- Breaking News: 0.76 microSv/h from Seaweed from Korean east coast (Fukushima Diary, Jan. 3, 2012):

On 1/2/2012, they measured 0.76 microSv/h from seaweed, which is from the east coast of Korea.(Unopened)

The background was 0.227 microSv/h. It picked up around by 0.53 microSv/h immediate on the package.

This suggests the sea contamination has spread to not only Pacific ocean but also the Korean / Japanese sea.

Related article http://fukushima-diary.com/2011/12/tsunami-boat-found-in-korean-japanese-sea/

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Dec 05

Flashback:

- Hilarious: Ron Paul: ‘Why Do Central Banks Hold Gold?’ Ben Bernanke: ‘Tradition’ (Video)


- Bank of Korea Says It Boosted Gold Holdings in Foreign-Exchange Reserves (Bloomberg, Dec 2, 2011):

The Bank of Korea, which controls the world’s eighth-biggest foreign-exchange reserves, boosted gold holdings for the second time this year as investors sought safer assets amid Europe’s debt crisis.

The central bank bought 15 metric tons last month, boosting holdings to 54.4 tons, which is equivalent to 0.7 percent of its total reserves, Lee Jung, head of the investment strategy team at the bank’s Reserve Management Group, told reporters in Seoul.

Central banks are expanding reserves for the first time in a generation as the precious metal is in the 11th year of a bull market. Purchases of as much as 450 tons in 2011 may be repeated next year as Asian nations and emerging economies diversify their reserves, UBS AG said Nov. 30.

“They want to diversify,” Gavin Wendt, the founder and senior resource analyst at Sydney-based Mine Life Pty., said by phone today. Investors and “central banks are pretty nervous about all currencies, not just the U.S. dollar.”

Gold has risen about 23 percent this year, reaching an all- time high of $1,921.15 an ounce on Sept. 6 and beating equities, treasuries and other commodities. The U.S. dollar, which typically moves inversely to bullion, is down about 1 percent this year against a basket of six major (worthless fiat) currencies.

Continue reading »

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Dec 03

- Lower House committee approves nuke export deals with four nations (Japan Times, Dec. 3, 2011):

While the battle goes on to bring the Fukushima No. 1 plant under control, the government moved a step closer Friday to resuming exports of Japan’s nuclear technology as a Lower House committee approved ratification of accords with four countries.

The Democratic Party of Japan and Liberal Democratic Party both voted in favor of the bilateral agreements with Jordan, Vietnam, South Korea and Russia at the Lower House Foreign Affairs Committee.

The full chamber was to vote on the pacts later Friday, but at the request of opposition parties the action was postponed till Tuesday.

Despite the delay, the treaties are expected to be approved by the Lower House and will likely clear the Upper House before the current Diet session closes Dec. 9.

Continue reading »

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Nov 27

Robot guards with sensors to detect abnormal behaviour will soon begin patrolling South Korean prisons to ease the burden on their human counterparts, researchers said on Thursday.


Prison guard robot: Three robots will be tested at a correctional facility in the southeastern city of Pohang next March when development is completed Photo: EPA

- ‘RoboCop’ guards to patrol South Korean prisons (Telegraph, Nov. 24, 2011):

A group of scientists has developed the robot warders under a one billion won (£546,000) project organised by the Ministry of Knowledge Economy.

The robots – 1.5 metres (five feet) high and running on four wheels – will mostly be used at night.

They can connect prisoners with officers through a remote conversation function, according to a statement from the Asian Forum for Corrections (AFC), a South Korea-based group of researchers in criminality and prison policies.

Continue reading »

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Nov 04

Hot spot?

These are hot spots:

- Tokyo’s High Radiation Supermarket: It’s Radium Again, Emitting 40 Millisieverts/Hr Radiation

AND NOW: 110 Microsieverts Per Hour Detected At Tokyo Supermarket

- Kashiwa Government Insists Being Unable To Handle Radiation Hotspot On Its Own (Daily Yomiuri, Oct. 28, 2011)

- 80-120 Microsieverts Per Hour in Koriyama City, 60 Km From Fukushima Nuclear Plant

- Extremely High Levels Of Radiation Detected At 2 Schools In Chiba Prefecture

- Kashiwa City’s Radioactive Dirt: 276,000 Bq/Kg of Cesium!!!!!

- Researchers Find 6.15 MILLION Becquerels Per Square Metre In Fukushima City (Over 290,000 People), 4 Times Higher Than Chernobyl Mandatory Evacuation Area


- Radiation Hot Spot Detected in South Korean Pavement (VOA News, Nov. 3, 2011):

South Korea’s Institute of Nuclear Safety says it has discovered a patch of pavement in Seoul is emitting radiation at levels 10 times higher than normal.

The government-funded research institute says the radioactive pavement was identified during a field investigation Wednesday in the residential Wolgye-dong neighborhood.

The institute says the pavement is emitting radiation from cesium-137 at 10 times the normal background level. The institute says a more precise reading will be released in “three to five days” after further evaluation, but it stresses that the level detected is not dangerous to humans.

Continue reading »

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Sep 21

Probably out of ‘tradition’! ROFL!

- Hilarious: Ron Paul: ‘Why Do Central Banks Hold Gold?’ Ben Bernanke: ‘Tradition’

Got PHYSICAL gold (and silver!)?

Gold (and silver!) is money, the real money of the elitists, everything else is just worthless paper.

Protect your assets!


- Central Banks Net Buyers of Gold for First Time in 20 Years (Financial Times, Sep. 19 2011):

European central banks have become net buyers of gold for the first time in more than two decades, the latest sign of how the turbulence in the currency and debt markets has revolutionized the bullion market

The purchases are minuscule compared with the size of the global gold market, but highlight a remarkable turnaround from a wave of heavy selling by European central banks.

The role of central banks in the gold market will be a central topic of debate at the annual London Bullion Market Association conference, the largest gathering of the gold industry, in Montreal this week.

The switch from large selling to buying has helped propel the gold price more than 25 percent higher so far this year, hitting a nominal record of $1,920 a troy ounce this month. The shift in Europe comes as central banks in emerging markets are also loading up on gold.

Mexico, Russia, South Korea and Thailand have all made large purchases this year, in a move to reduce their exposure to the dollar. Globally, central banks are set to buy more gold this year than at any time since the collapse of the Bretton Woods system 40 years ago – the last time the value of the dollar was linked to gold.

Continue reading »

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