Source: http://www.sciencedaily.com/rss/mind_brain/child_development.xml
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Source: http://www.sciencedaily.com/rss/mind_brain/child_development.xml
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Military deputies to China's top legislature have vowed to build a strong army following top Chinese leader Xi Jinping's calls to that effect earlier in the week.
On March 11, Xi urged the country's armed forces to be "absolutely loyal" to the Communist Party of China, sharpen fighting capacity and abide by disciplines as he joined a plenary meeting of a delegation from the People's Liberation Army (PLA) at the ongoing session of the 12th National People's Congress (NPC).
Xi, the newly-elected state president and chairman of the Central Military Commission, called on forces personnel to bring the country's defense and army building to new high.
"Xi's demand for the army to be at full military readiness to ensure victories in any wars shows his sense of crisis and strategic vision," said Chen Zhou, a national legislator and a researcher with the PLA's Academy of Military Sciences, on the sidelines of the parliamentary session.
The army can only avoid wars when it is capable of winning them, added Tan Weihong, an NPC deputy and a brigade commander from the Second Artillery Corps, China's strategic missile force.
The safety of China's energy resources, overseas assets, strategic maritime passages and overseas personnel is of great concern for China as the country is more open to the world, said Du Benyin, another NPC deputy and a political commissar of a navy submarine base.
The Chinese army and its soldiers should adapt to this new situation and make their due contribution, according to Du.
A consolidated national defense and a strong Chinese army will ensure the great rejuvenation of the Chinese nation and safeguard the world peace, said Chen Zhou.
China is the largest contributor of personnel to UN peace-keeping missions among the five permanent members of the UN Security Council. Since 2008, China has sent 14 batches of naval task forces to conduct escort missions in the Gulf of Aden and off the coast of Somalia.
Source: http://english.sina.com/china/2013/0315/571858.html
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Your fireplace is one of the biggest focal points of the room. This DIY fireplace surround project will make it stand out even more, by covering the entire wall with similar stone.
The project is pretty simple and, for the results, not that expensive. (You can buy manufactured stacked stone panels measuring 4' by 2' for under $100 each.) To get this look, you simply spread mortar on the back of the stone facing and press it into a sturdy base attached to the wall.
Hit up BHG for the full instructions.
DIY Fireplace Surround | Better Homes and Gardens
Source: http://feeds.gawker.com/~r/lifehacker/full/~3/wtpox1IVo8A/diy-fireplace-makeover-with-stone-veneer
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DENVER (AP) ? A landmark expansion of background checks on firearm purchases was approved Friday by lawmakers in Colorado, a politically moderate state that was the site of last year's mass shooting at a suburban Denver movie theater.
The bill previously passed the state Senate and now heads to Democratic Gov. John Hickenlooper, who is expected to sign it into law within two weeks.
Earlier this week, Colorado lawmakers approved a 15-round limit on ammunition magazines. It is also awaiting the expected approval of the governor.
The bill passed Friday expands cases when a $10 criminal background check would be required to legally transfer a gun. Republicans have opposed the bill, calling it an undue burden on law-abiding gun owners.
"We know for a fact that whatever law we pass criminals won't care," said Republican Rep. Jerry Sonnenberg.
Colorado is the first state outside the East Coast to significantly ratchet back gun rights after the theater and school shootings. Colorado's gun debate was being watched closely because it's considered a swing state with both a gun-loving frontier past and an unfortunate history of mass shootings, including the 1999 Columbine High School attack.
"Are going to stop all criminals from getting guns? No," said Democratic Rep. Beth McCann, a sponsor of the background checks bill. "But are we are going to put a barrier there, make it more difficult for them? Yes."
The move to expand background checks would be one of the most sweeping responses by Colorado to the shootings last year in Aurora, Colo., and the elementary school in Newtown, Conn.
Expanded checks have been a top priority for Hickenlooper, who called for the proposal during his State of the State address in January.
Both chambers previously approved the expanded checks in slightly different forms. However, both had to agree on an identical bill before passing it to the governor, so a second round of voting was required.
Democrats seemed relieved that Colorado's protracted gun-control debate was nearing an end.
The GOP unsuccessfully tried some last-minute legislative maneuvers on Friday to sink the background-check measure before it was passed 19-14 by the Senate.
"It won't help anything, but it makes common everyday actions among friends and neighbors something that's now illegal in the state of Colorado," argued Republican Sen. Greg Brophy, one of the GOP's lead Senate gun negotiators.
Brophy tried to keep background-check talks alive by rejecting a preliminary agreement by the House and Senate to clarify the bill so gun owners can lend firearms to immediate family members without a background check.
Democrats grew frustrated at GOP attempts to imagine scenarios that would trigger background-checks. From 4-H members learning gun safety but needing to borrow a shotgun, to neighbors on weeklong elk-hunting trips, Republicans argued the bill would ensnare harmless gun users.
Democrats insisted that existing exemptions in the bill would cover most scenarios the GOP imagined. The bill's sponsor, Senate Democratic Leader Morgan Carroll, told Republicans that Democrats had enough votes to pass the measure but extended debate to make small changes requested by Republicans.
"There were many, many changes made to this bill, made in good faith," said Carroll.
However, Republicans wanted so many exceptions that "we might as well repeal all background checks," she said.
___
Kristen Wyatt can be reached at http://www.twitter.com/APkristenwyatt. Ivan Moreno can be reached at http://www.twitter.com/IvanJourno.
___
Online:
House Bill 1229: http://bit.ly/ZNmz9d
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Mar. 14, 2013 ? In the swirling canopy of Jupiter's atmosphere, cloudless patches are so exceptional that the big ones get the special name "hot spots." Exactly how these clearings form and why they're only found near the planet's equator have long been mysteries. Now, using images from NASA's Cassini spacecraft, scientists have found new evidence that hot spots in Jupiter's atmosphere are created by a Rossby wave, a pattern also seen in Earth's atmosphere and oceans. The team found the wave responsible for the hot spots glides up and down through layers of the atmosphere like a carousel horse on a merry-go-round.
"This is the first time anybody has closely tracked the shape of multiple hot spots over a period of time, which is the best way to appreciate the dynamic nature of these features," said the study's lead author, David Choi, a NASA Postdoctoral Fellow working at NASA's Goddard Space Flight Center in Greenbelt, Md. The paper is published online in the April issue of the journal Icarus.
Choi and his colleagues made time-lapse movies from hundreds of observations taken by Cassini during its flyby of Jupiter in late 2000, when the spacecraft made its closest approach to the planet. The movies zoom in on a line of hot spots between one of Jupiter's dark belts and bright white zones, roughly 7 degrees north of the equator. Covering about two months (in Earth time), the study examines the daily and weekly changes in the sizes and shapes of the hot spots, each of which covers more area than North America, on average.
Much of what scientists know about hot spots came from NASA's Galileo mission, which released an atmospheric probe that descended into a hot spot in 1995. This was the first, and so far only, in-situ investigation of Jupiter's atmosphere.
"Galileo's probe data and a handful of orbiter images hinted at the complex winds swirling around and through these hot spots, and raised questions about whether they fundamentally were waves, cyclones or something in between," said Ashwin Vasavada, a paper co-author who is based at NASA's Jet Propulsion Laboratory in Pasadena, Calif., and who was a member of the Cassini imaging team during the Jupiter flyby. "Cassini's fantastic movies now show the entire life cycle and evolution of hot spots in great detail."
Because hot spots are breaks in the clouds, they provide windows into a normally unseen layer of Jupiter's atmosphere, possibly all the way down to the level where water clouds can form. In pictures, hot spots appear shadowy, but because the deeper layers are warmer, hot spots are very bright at the infrared wavelengths where heat is sensed; in fact, this is how they got their name.
One hypothesis is that hot spots occur when big drafts of air sink in the atmosphere and get heated or dried out in the process. But the surprising regularity of hot spots has led some researchers to suspect there is an atmospheric wave involved. Typically, eight to 10 hot spots line up, roughly evenly spaced, with dense white plumes of cloud in between. This pattern could be explained by a wave that pushes cold air down, breaking up any clouds, and then carries warm air up, causing the heavy cloud cover seen in the plumes. Computer modeling has strengthened this line of reasoning.
From the Cassini movies, the researchers mapped the winds in and around each hot spot and plume, and examined interactions with vortices that pass by, in addition to wind gyres, or spiraling vortices, that merge with the hot spots. To separate these motions from the jet stream in which the hot spots reside, the scientists also tracked the movements of small "scooter" clouds, similar to cirrus clouds on Earth. This provided what may be the first direct measurement of the true wind speed of the jet stream, which was clocked at about 300 to 450 mph (500 to 720 kilometers per hour) -- much faster than anyone previously thought. The hot spots amble at the more leisurely pace of about 225 mph (362 kilometers per hour).
By teasing out these individual movements, the researchers saw that the motions of the hot spots fit the pattern of a Rossby wave in the atmosphere. On Earth, Rossby waves play a major role in weather. For example, when a blast of frigid Arctic air suddenly dips down and freezes Florida's crops, a Rossby wave is interacting with the polar jet stream and sending it off its typical course. The wave travels around our planet but periodically wanders north and south as it goes.
The wave responsible for the hot spots also circles the planet west to east, but instead of wandering north and south, it glides up and down in the atmosphere. The researchers estimate this wave may rise and fall 15 to 30 miles (24 to 50 kilometers) in altitude.
The new findings should help researchers understand how well the observations returned by the Galileo probe extend to the rest of Jupiter's atmosphere. "And that is another step in answering more of the questions that still surround hot spots on Jupiter," said Choi.
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Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/81c4DqUTRyU/130314180305.htm
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Today?s AM fix was USD 1,593.25, EUR 1,219.39 and GBP 1,051.23 per ounce.
Yesterday?s AM fix was USD 1585.00, EUR 1225.83 and GBP 1061.05 per ounce.
Gold was marginally higher yesterday and silver marginally lower. Gold rose just 20 cents and closed at $1,588.50/oz. Silver fell 15 cents to close at $28.75/oz.
Gold continues to trade just below resistance at the $1,600/oz level but appears to be consolidating at these levels after the recent price falls. Investment sentiment towards gold is the worst we have seen it since the start of the secular bull market in the early 2000?s.?
This is bullish from a contrarian perspective as the "froth" and less informed, speculative buyers have been washed out of the market as happens in the course of all bull markets as they climb a ?wall of worry?.
Conversely, sentiment in stock markets is increasingly ?irrationally exuberant? after the Dow Jones industrial average reached new record highs and extended its winning streak to 10 days on Thursday, a string of gains last seen in late 1996.?
Retail investors are piling into the stock market again in the false belief that the worst of the economic crisis is over. Alas, those who are not properly diversified may again be in for a rude awakening.
Holdings of SPDR Gold Trust (March 2007 to Today) - Bloomberg
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, had fallen 3.432 tonnes so far this week, on course for an eleventh week of decline, although holdings were unchanged at 1,236.307 tonnes from a day earlier on March 14.
The CFTC?s very unusual announcement through ?people familiar with the matter? that it is examining various aspects of gold and silver price fixings in London, including whether they are sufficiently transparent, continues to be digested.
The London gold fixing is conducted twice a day by five banks: Barclays Plc, Bank of Nova Scotia (BNS), Deutsche Bank AG, HSBC Holdings Plc and Societe Generale SA. The pricing started in 1919 and was conducted in a meeting held at N.M. Rothschild & Sons Ltd.?s offices. It began taking place by telephone in 2004.?
Deutsche Bank, Scotiabank and HSBC conduct the silver fixing by phone once a day at midday. The first settlement was in 1897.
The price fixing story has been picked up by the non specialist financial media internationally including by many publications and media groups who very rarely cover the gold market and nearly never cover the silver market.
It is now in the public domain and the story could result in the gold and silver markets receiving more scrutiny and coverage.
Overnight, CFTC commissioner Scott O'Malia said that the CFTC has engaged in "a couple" of conversations about whether the daily setting of gold and silver prices in London is open to manipulation akin to Libor.
Separately, CFTC commission member Bart Chilton said interest-rate rigging means other benchmark-pricing mechanisms such as gold and silver may need reviews. ?Given what we have seen in Libor, we?d be foolish to assume that other benchmarks aren?t venues that deserve review,? Chilton said.
He continued "given the clubby manipulation efforts we saw in Libor benchmarks, I assume other benchmarks - many other benchmarks - are legit areas of inquiry."
Concerns have previously been expressed by investors due to the admission that leverage in gold trading in the London bullion market - the ratio between metal traded and metal actually existing - was as much as 100 to 1. This means that the so-called physical market may not be so physical at all.
The enforcement division of the CFTC began pursuing allegations of manipulation of the New York metals exchange, the COMEX silver market in September 2008 (the COMEX is a division of the New York Mercantile Exchange or NYMEX). Chilton said in August that there had been ?devious efforts? to move prices of the precious metal through the concentrated short positions of a few banks.
Many of these same banks continue to have massive concentrated short positions on the COMEX and investors have alleged that banks have manipulated prices lower in order to profit.?
Gold in USD ? (5 Day) - Bloomberg?
Thus, it is surprising that such allegations are being made without a formal investigation being planned and without the CFTC completing their investigations of manipulation on the COMEX.
The charge of manipulation at the London AM Fix may be unfounded but it is certainly a distraction from the real risk of manipulation on the COMEX by banks through the use of futures contracts.
Regulators might better serve investors and the wider public by concluding their investigations of manipulation on the COMEX and coming to definitive conclusions.
Some have suggested that this may be a an attempt by Wall Street banks to discredit the London gold and silver fixing and rivalry between Wall Street and the City of London over control of the precious metals market may be at play. London has long had a monopoly regarding the benchmark gold and silver prices and the physical settlement of gold and silver at the London AM Fix.?
The UK?s GMT time zone gives it an advantage when it comes to the global pricing of bullion due to it being between time zones in Asia and the Americas resulting in it capturing end of day trade in Asia and start of day trade in the U.S. Those fixings are used to determine spot prices for the billions of dollars of the two precious metals traded each day ? by both industry and investors.
Today, many governments and central banks and certain banks are openly intervening in many markets ? especially bond and foreign exchange markets ? therefore it would be naive to completely gold and silver manipulation.
For the sake of investors and the proper functioning of markets it is important regulators investigate allegations to the full and banks are not seen as too big to investigate and ?too big to jail? as was recently admitted by none other than the U.S. Attorney General .
Regulation and enforcement is important as is a proper rational debate. Increasingly governments, banks and central banks are distorting financial markets and the free market through constant interventions.
In the western world, we have seen interest rates cut close to zero, capital injections and bailouts, lending guarantees, saving and deposit guarantees, favouring certain banks and institutions over others, banning short selling and the banning of certain sovereign credit ratings.
At the same time competitive currency devaluations are taking place globally with central banks debasing currencies and many outright interventions in currency markets in order to lower the value of national and supranational currencies in competitive currency devaluations.
Japan is the recent glaring example of this and Switzerland?s ?pegging? of the Swiss franc to the beleaguered euro is in the same vein.
With governments surreptitiously and openly manipulating their currencies, they and the banks they have bailed out and work closely with, have an interest in not seeing their currencies fall sharply versus gold and silver.
This would be a vote of no confidence in fiat paper currencies and government and central banks stewardship of these currencies. They are also a vote of no confidence in bankers, banks and the financial system.
Ultimately, manipulation or no manipulation, gold and silver prices will be determined by supply and demand and the free market purchases and sales by people and companies all over the world.
Investors should fade out the noise and continue to own both gold and silver bullion as foundation safe haven assets.
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Poor man?s gold silver continues to get no love with little or no coverage despite fundamentals that are arguably better than those for other assets, securities and even gold. Thus, GoldCore conducted a webinar yesterday with one of the leading silver experts in the world, Mr David Morgan.
The webinar was very well attended with participants from all over the world ? by investors in Europe, the Americas and Asia.
Due to the dearth of information and debate about silver, we decided on a question and answer format.?
After receiving hundreds of questions, we chose 33 questions and organised them into key groups:
* ? ?Silver Price Rise? Record Prices & When to Sell??
* ? ?Silver Price Falls?
* ? ?Supply and Demand
* ? ?Manipulation
* ? ?Confiscation
* ? ?Asset Allocation / What To Own
* ? ?What To Buy?
* ? ?Where To Store?
Silver in USD ? ( 1720 to Today) - Adjusted for Inflation (CPI) = Chartsrus.com?
Some of the questions asked by participants were:
* ? ?"Which is better, bars or coins?"
* ? ?"What are your views on confiscation of gold and silver in the United States with the coming collapse of the dollar?"
* ? ?"How are people able to manipulate the price of silver? Who are these people? Why do they want to do this?"
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CLICK HERE TO VIEW THE SILVER WEBINAR
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NEWS
Japan?s Pension Funds Will Increase Gold Investments, MUFJ Says
(Bloomberg) -- Mitsubishi UFJ Trust and Banking Corp.?s Kazuhiko Inaba tells conference in Singapore that the funds will increase investments in gold through ETFs.
Gold is important to Japanese pension funds for portfolio insurance, says Inaba, senior chief manager of frontier strategy planning and support division
Japanese govt debt will continue to rise, so hedging against JGBs important for pension funds, Inaba says?
Gold Price Now Is Not Excessive, Deutsche Bank?s Lewis Says
(Bloomberg) -- We don?t view the current level of the gold price as excessive, Michael Lewis, Deutsche Bank?s global head of commodity research, says at conference in Singapore.
?It?s expensive but not substantially misaligned with other commodities,? Lewis says?
When measured in real terms and versus physical and financial assets, gold price needs to move in excess of $2,100 an ounce to move into territory that can be considered extreme, Lewis says
Silver Institute Sees Record Industrial Demand in Coming Year
(Bloomberg) -- Says industry widening use of the metal is expected to avg more than 483 m oz from 2012 to 2014, accord. to report on its website.
IShares Silver Trust Holdings Unchanged at 10,704 Metric Tons?
(Bloomberg) -- Silver holdings in the IShares Silver Trust, the biggest exchange-traded fund backed by silver, were unchanged at 10,703.60 metric tons as of Mar. 14, according to figures on the company?s website.
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================================================================================
??????????????? Mar. 14??? Mar. 13??? Mar. 12??? Mar. 11???? Mar. 8???? Mar. 7
?????????????????? 2013?????? 2013?????? 2013?????? 2013?????? 2013?????? 2013
================================================================================
Million Ounces? 344.129??? 344.129??? 344.129??? 342.292??? 342.292??? 342.292
?Daily change???????? 0????????? 0? 1,836,369????????? 0????????? 0????????? 0
--------------------------------------------------------------------------------
Metric tons?? 10,703.60? 10,703.60? 10,703.60? 10,646.48? 10,646.48? 10,646.48
?Daily change????? 0.00?????? 0.00????? 57.12?????? 0.00?????? 0.00?????? 0.00
================================================================================
NOTE: Ounces are troy ounces.
SOURCE: iShares Silver Trust
For breaking news and commentary on financial markets and gold, follow us on?Twitter.
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Steve Carell and Jim Carrey comedy will make its debut this weekend after the great and powerful debut of 'Oz.'
By Ryan J. Downey
Steve Carell, Steve Buscemi and Jim Carrey in "The Incredible Burt Wonderstone"
Photo: Warner Bros. Entertainment
Source: http://www.mtv.com/news/articles/1703724/oz-burt-wonderstone-box-office-weekend.jhtml
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