Over the past few days, China has been pulling thousands of dead pigs out of Shanghai’s Huangpu river. Bloomberg reports that a farm in the Zhejiang province has finally claimed responsibility.The horrifying images were only made worse by the fact that the river is a source of drinking water for the locals.”One merchant claims that a crackdown on the sale of dead pigs forced pig farmers to dump them into the river,” said Bill Bishop in his Sinocism newsletter. “So the good news may be that fewer dead pigs are getting into the food supply, but the bad news is that it used to be very common? Regardless, another reason, if you need one, to avoid processed pork in China.Source businessinsider
- China river pig toll nears 6,000 (bbc.co.uk)
- China Pulls out 5,916 Pigs From Shanghai River (abcnews.go.com)
- China: Safety Fears As More Dead Pigs Found (vineoflife.net)
- Pigs Pollute Shanghai River Due to Corrupt Business Culture (theepochtimes.com)
- China: Safety Fears As More Dead Pigs Found (Sky News)
- A Chinese Farm Has Confessed To Dumping Thousands Of Dead Pigs Into A River (businessinsider.com)
Why are some of the biggest names in the corporate world unloading stock like there is no tomorrow, and why are some of the most prominent investors on Wall Street loudly warning about the possibility of a market crash? Should we be alarmed that the big dogs on Wall Street are starting to get very nervous? In a previous article, I got very excited about a report that indicated that corporate insiders were selling nine times more of their own shares than they were buying. Well, according to a brand new Bloomberg article, insider sales of stock have outnumbered insider purchases of stock by a ratio of twelve to one over the past three months. That is highly unusual. And right now some of the most respected investors in the financial world are ringing the alarm bells. Dennis Gartman says that it is time to “rush to the sidelines”, Seth Klarman is warning about “the un-abating risks of collapse”, and Doug Kass is proclaiming that “we’re headed for a sharp fall”. So does all of this mean that a market crash is definitely on the way? No, but when you combine all of this with the weak economic data constantly coming out of the U.S. and Europe, it certainly does not paint a pretty picture.Full story The Economic Collapse
- Why are Wall Street Insiders Warning of a Stock Market Crash? (missionmining.wordpress.com)
In September 2012, TheBlaze reported that Russian President Vladimir Putin had been grabbing up gold “as fast as he can get his hands on it.”
And since that initial report, he has only doubled his efforts.
“Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer,” Bloomberg notes.
“His central bank has added 570 metric tons of the metal in the past decade, a quarter more than runner-up China,” the report adds. “The added gold is also almost triple the weight of the Statue of Liberty.”
For reference, here’s a chart illustrating the rapid growth in runner-up China’s gold holdings:
Read more TheBlaze
The country is reportedly said to be open to negotiations on peace and security, but not denuclearization.
Yonhap’s Kim Eun-jung reports: “North Korea has completed all technical preparations for a nuclear test and can carry it out in a few days if it makes a decision, a South Korean intelligence source said Wednesday.”
More from South Korea’s Yonhap News:
“In the new phase of our century-long struggle against the United States, we do not hide the fact that various satellites, long-range missiles that we will continue to launch and high-level nuclear test we will conduct will target our sworn enemy, the United States,” the North’s National Defense Commision said in a statement carried by the communist nation’s Korean Central News Agency.
Reuters’ David Chance has the same quote, but translated a bit differently:
“We are not disguising the fact that the various satellites and long-range rockets that we will fire and the high-level nuclear test we will carry out are targeted at the United States,” the country’s top military body said. Full story Businessinsider
Related Post: NORTH KOREA PLANS NUCLEAR TEST AIMED AT US
Senior Pentagon officials told Congress the nation’s largest conventional bomb, the Massive Ordnance Penetrator (MOP), is ready for action.
The Air Force said as much back in June after rushing the MOP back to Boeing for $82 million in modifications and enhancements, but this report puts it on the books as deployable ordnance.
According to Bloomberg’s Tony Capaccio, on his annual report, the Pentagon’s director of operational testing Michael Gilmore confirmed that tests conducted with the heavy GBU-57, a 20-foot long, 30,000 pound GPS-guided bomb thought able to penetrate 200 feet of concrete before exploding, have demonstrated that the redesigned bomb is able to hit and destroy deeply buried targets.
The enhanced MOP features tail-fin modifications to fix bugs identified in testings as well as as a second fuse to destroy hardened underground targets.Full story at Businessinsder