Downloading the file again didn't help me. But what did was going to "http://www.iclarified.com/41827/where-to-download-pangu-jailbreak-from" and downloading Pangu 1.0 without the english translations and that did it for me. You're welcome internet.
For me i am trying to break a 7.1.2 ipod 5g and it says loading resources please wait and i waited for 6 hours... No load so i close and open itunes... No load... What do i do ??