text: High School Mathematics 5 points Previous question Next question Marge bought 20 cans of soup at one store and 5 cans at another store. Each can cost the same amount. If the total was 9.25, how much was each can of soup? 1 Ask for details Follow Report by shug1 03/25/2015 Log in to add a comment


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iHerb Customer Reviews
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Posted on December 4, 2016
Job | New York, NY, US
Part-Time Human Resources Clerk
Posted on December 4, 2016
Job | New York, NY, US
Program Coordinator, Blavatnik Awards
Posted on December 4, 2016
Job | New York, NY, US
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About us
The New York Academy of Sciences is an independent, not-for-profit organization that since 1817 has been committed to advancing science, technology, and society worldwide. With more than 22,000 members in 100 countries around the world, the Academy is creating a global community of science for the benefit of humanity. The Academy's core mission is to advance scientific knowledge, positively impact the major global challenges of society with science-based solutions, and increase the number of scientifically informed individuals in society at large. Please visit us online at www.nyas.org.
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Date Founded: 1817
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Cohen's Next Move Could Bring Out The Whistleblowers
Steven Cohen, the embattled manager of hedge fund SAC Capital, is weighing a move to a family office model. Is he asking for disgruntled former employees to start talking?
As investors in hedge fund SAC Capital continue to ask for redemptions, Steven Cohen, the $14 billion fund's chief, is weighing a move to a family office model.
But sources said Cohen is mistaken if he thinks he can hide from his legal troubles, which could include federal racketeering charges, by going the family office route.
"I don't quite understand why he'd think if he shuts down his business he can get out of his sanctions and his fines," said Marv Pollack, managing director at the Family Office Exchange.
To transition SAC Capital to a family office, Cohen would have to return to all the money invested in the fund by outside investors, which stood at about $5.6 billion as of mid May. That might not be much of a problem, however, as industry observers are predicting as much as $3.5 billion in redemption requests — if not more — by the end of the June 3 deadline.
Sources said Cohen may consider himself better off pulling out all of his own money — which represents over half of SAC's total assets — and heading for the privacy and lax regulatory environment of the family office world. Cohen has long resisted such a move, but with the Securities and Exchange Commission and federal regulators wrapping up a long insider trading probe that could result in criminal charges (hence the redemption rush), now seems like an ideal time to make the switch. Family offices can manage billions of dollars without having to register with the SEC, as long as they don't manage public money or have owners that aren't blood relatives.
"Hedge fund professionals do this for privacy and control in the management of their financial affairs," said Bob Casey, senior managing director for research at the Family Wealth Alliance, a family office consultancy. "You're not dealing with a bank or a broker, no one knows what money you have, what accounts you have, where they are. You have complete control over everything that's going on, no one knows anything."
But it will be virtually impossible for Cohen to keep all 1,000 of his current employees, meaning that as the layoffs come there's a solid chance one or more disgruntled former employees may start talking to authorities.
After all, the SEC's Whistleblower Program can be extremely lucrative. Through the SEC program, whistleblowers can report wrongdoing anonymously and stand to rake in a minimum of 10% and as much as 30% of the monetary sanctions collected. Using the $616 million Cohen recently paid regulators to settle some of the insider trading charges, that would equate to $61.6 million on the low end and more than $200 million at the high end.
"The alleged misconduct being investigated at SAC is quite significant," said Jordan Thomas, partner at Labaton Sucharow and a former assistant director in the enforcement division of the SEC who specializes in representing whistleblowers. "The potential payday for SAC employees could be quite significant, and you don't have to have totally clean hands. If an SAC employee knows of misconduct and they're looking for the next big thing, a whistleblower award associated with what they know could be it."
As for how likely a whistleblower coming out of SAC Capital is, only time will tell. But regulators are willing to pay millions for good information.
"The success of the government's case," Thomas said, "is likely to depend upon having one of those people."
- President Donald Trump and first lady Melania Trump had their first dance to Frank Sinatra's "My Way" at an inaugural ball 🇺🇸
- On his first day in office President Trump signed an executive order to "minimize the economic burden" of the Affordable Care Act.
- Over 200 people were arrested as anti-Trump protesters and police clashed in Washington, DC, during the inauguration.
- Flights around the country are packed with pink as people stream into the nation's capital for the Women's March on Washington 👭 💖


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5 Travel Deals / Trends We Want More of in 2012
NVR Guys
Looking back at some of the travel deals we got in 2011, there were some big standouts - like the remote cabin we scored in Alaska for about $50 a night. Below, we're highlighing five deals (okay, 3 deals and 2 trends) that really rocked our world. We want to see more things like this in 2012.
1. ASAP deals from Expedia
We love to love Expedia. Truth is, they let us down – in a big way – at one point last year, and we were bummed to have to cross our hometown favorite off the "we likey" list. But that's old news. We are happy to now have them back among our favorites. How'd they make the leap way back to the top? By offering some deals that are better than Priceline's Name Your Own Price. Yes, you read that correctly. Expedia is offering what they call ASAP (A Sudden Amazing Price) deals, which promise "seriously fabulous discounts every weekday." We learned that it's not just talk.
For our recent journey down to Portland, we snagged the Heathman Hotel for 50% off on Expedia. The room came to about $70 a night - better than we could have done using our old standby, Priceline. Plus, with Expedia, the specific hotel isn't veiled.
Keep an eye on Expedia and especially these ASAP deals.
2. Happy Hour deals from Celebrity
Every now and then, we'll go on and on around here about how cruise prices are low low in the current economic climate. This was never more true for us than when we got notified of a particularly amazing "happy hour" special that Celebrity Cruises was running.
For just a few hours, on only one day, Celebrity discounted a few already low cruise prices even further. One was the Transatlantic cruise that we ended up taking from Rome to Fort Lauderdale. We were able to secure a balcony cabin on the 15 day cruise for about $700 each. Yep, that's $1400 – including accommodations and food – for the two of us.
Have cruise envy? Head over to Celebrity and sign up for their e-deals. Maybe you, too, will enjoy an all new kind of happy hour.
3. Last Minute deals from Alamo
Generally speaking, we don't have a lot of heart space for car rental companies. However, we're rarely disappointed when we rent from Alamo. That held true throughout 2011. We're good judges of the car rental arena because – being away from home base so much – we no longer own a car. So, we tend to rent quite a bit on the road and in Seattle.
We just got our hands on a killer last minute special. Get this, we used an e-deal to secure a car for $30 for 3 days. We were then able to layer a $20 coupon on the rental in order to bring the cost down to $10. That's about $3.33 a day folks. Booya (is that how you spell that?)!
Go sign up as an Alamo Insider and, just like with Celebrity, request their e-deals.
4. Price Guarantee from Alaska Air
This isn't really a deal, but it's such a good policy that it has to be mentioned. Actually, it's such a stellar policy that it's worth mentioning twice. We wrote an entire post about it (so go here for details), but here's the short version.
Alaska Air has a cool price guarantee. You can book with confidence (isn't that a good marketing-y phrase) because, if the price goes down at any time, you get a refund for the price difference in the form of a credit. After taking advantage of the policy throughout 2011, we can tell you it rocks and eliminates a lot of worry. No more airfare anxiety disorder (AAD) for us.
Check it out if you live in Alaska's market.
5. Premier Travel Benefits from American Express
This, too, isn't really a deal. We resisted upgrading to the American Express platinum card for a long time. The fee, $450, gave us heartburn. Then, a little over a year ago, American Express started to really pay attention to what travelers want. We took notice and are glad that we did.
For instance, with the platinum card, they'll cover up to $200 worth of incidental charges incurred by the airline of your choice. Additionally, you get complimentary access to several airlines' airport lounges in addition to Priority Pass lounges. It'd be worth it for you to head to their site to see if the premier benefits might add up for you. For us, the travel benefits (not to mention the business benefits) make the annual fee bearable.
Okay, time to get back to hammering out the plan of action for 2012.
What travel deals/trends have you seen lately? Share them below!


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Gasthof Kasino: Find photos, reviews, information, amenities and compare prices for 3 stars hotels in Villach, Austria.
Less than a 20-minute walk from Villach West Railway Station, Gasthof Kasino offers guests a convenient base when in Villach. Some of the popular features at this 3-star hotel include ski passes and a free shuttle service.
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Gasthof Kasino Villach provides an express check-in and check-out feature, bicycle rental and luggage storage. Guests can also make use of the hotel's internet connection.
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New Enterprise Investment Fund
The New Enterprise Investment Fund (NEIF) and associated program is designed to support the formation of new business ventures originating from RMIT students.
Unique in Australia, the program is student focused with an emphasis on practical entrepreneurship. In setting up and running their own businesses, participants enter into a real life, real consequences learning environment supported by industry mentors.
The NEIF program has been established by RMIT so that students with business proposals that meet the criteria can apply for funding in the form of an interest-free loan and get their ideas off the ground. Loans are typically up to $25,000 and for a period of one to three years.
We are looking for passionate entrepreneurs, who can show us a plan to build a robust and sustainable business which will bring to market innovative technologies, products or services.
Business mentoring and support is an essential component of the NEIF program. Our mentors are professionals with proven business acumen and experience across entrepreneurship, marketing, finance, accounting and legal services.
RMIT has a wealth of resources available to budding entrepreneurs. In addition to access to our own staff and facilities, RMIT works with a number of trusted business partners to provide you with access to a range of business services and products.
Simon Williams
After completing an MBA (Executive), Simon started his own food truck business, White Guy Cooks Thai.


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Henry More: and the Scientific Revolution (Cambridge Science Biographies)
Henry More (1614-87) was the greatest English metaphysical theologian and the most perplexing; he was also perhaps the most distinguished member of the group of divines known as the Cambridge Platonists. An admirer of Galileo, Descartes and Boyle, he rejected their detailed applications of mechanical philosophy to the explanation of natural phenomena. He was an experimenter, yet also a cabalist, and one of the few writers whom Newton acknowledged as having influenced his ideas. First published in 1990, this thorough and accessible biography is the first book-length treatment of this remarkable character. Hall illuminates More's important contributions to science, particularly his work on space and time which influenced Newton, and gives fascinating insights into his spiritual philosophy and his preoccupation with witchcraft. The depth of Professor Hall's scholarship makes the book an exceptional account of the turbulent world of the Scientific Revolution.
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2 posts tagged with theater by np312.
Displaying 1 through 2 of 2.
Must-see in NYC?
What are the absolute must-see plays or performances happening this month in New York City? [more inside]
Best gift ever for NYC playwright
What semi-expensive, thoughtful gift should I give my best friend who is an aspiring NYC playwright for her birthday? [more inside]
Page: 1


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Hedge Funds
Paul to head Drawbridge fixed-income for Fortress
Thomas Paul, the former head of fixed-income for North America at Deutsche Bank, will head up the effort for a new fund at Fortress Investment Group.
Paul, who joined at the end of last year, will run a relative value, fixed-income fund which is said to have already launched.
Drawbridge RV Plus will combine both systematic and discretionary trading techniques throughout a wide range of fixed-income-related strategies.
Paul will also be contributing to Drawbridge Global Macro, the firm's flagship fund, which is managed by Fortress partner Michael Novogratz. It invests in the global fixed-income, currency, equity and commodity


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Ms. Siddharta started her career as a public accountant, and was subsequently made a Partner at Siddharta, Siddharta & Harsono in Indonesia, a member firm of Coopers & Lybrand (until 1998), which later became a member firm of KPMG. Ms. Siddharta joined ANJ as the Group Finance Director in 2001, a role which she has remained in for over 10 years.
Ms. Siddharta holds a Bachelor Degree in Accounting from the University of Indonesia and an MBA from the John Anderson School at the University of California, Los Angeles. She is an active member of the Institute of Indonesian Accountants, as well as a member of the Consultative Board of Financial Accounting Standards of the Institute of Indonesian Accountants. Ms. Siddharta was the Chairperson for the Indonesian Financial Accounting Standards Board during the period of 2000 to 2002.
Ms. Siddharta serves as the President Director as of January 2016. Before holding this position, she was the Deputy President Director from December 2012 to December 2015.Sucipto Maridjan
Mr. Maridjan is the President Director of AANE, as well as a Director of numerous other Group subsidiaries, including ANJA, SMM, ANJAS and ANJAP. He is primarily engaged in community relations and development, land acquisitions, licensing and permitting, recruitment and employment and ANJ's policy and regulations. He is also involved in the completion of AMDAL documents during the exploration and development phase of ANJ's projects. Mr. Maridjan has extensive experience in dealing with both local and national Governments in Indonesia and is responsible for the ANJ's external Government communications on all matters that are corporate, legal compliance, and community related.
Mr. Maridjan joined ANJ's Mining & Energy Division in mid 1997 as a Director of our Mining Services Company and Coal Contract of Work Company (PKP2B). He also had responsibility for minority interests of ANJ in gold projects in Indonesia with Newmont (formerly Normandy Anglo Asian) and Meekatharra Minerals, and with power generation projects through a joint venture with Duke Energy in Papua at Freeport and with ChevronTexaco in West Java with the Darajat Geothermal Project. Prior to joining ANJ, Mr. Maridjan held senior roles with Australian mining companies in Indonesia. He has over 20 years' experience in resource-based administrative management.
Mr. Maridjan is a trained accountant and was involved in company audit work during his early career. He holds a degree in economic studies from Universitas Nasional of Jakarta.
Lucas Kurniawan
Independent/Finance Director
Mr. Kurniawan was appointed as an Independent/Finance Director in November 2014. Prior to joining ANJ, Mr. Kurniawan was a public accountant for 22 years. He began his career as a public accountant in October 1993 with Kantor Akuntan Publik (KAP) Siddharta Siddharta & Widjaja, a member firm of KPMG International, where he became a partner in 2005 (KAP Siddharta Siddharta & Widjaja, formerly KAP Siddharta Siddharta & Harsono, was a member firm of Coopers & Lybrand until 1998). On August 1, 2007, Mr. Kurniawan joined KPMG Limited, Vietnam, where he was an audit partner for four years until June 30, 2011. From July 1, 2011 to September 30, 2014, he was a partner at KAP Tanudiredja Wibisana & Rekan, a member firm of PricewaterhouseCoopers International Limited.
Mr. Kurniawan holds a Bachelor Degree in Accounting from Tarumanagara University. He is a member of Indonesian Institute of Accountants and Indonesian Institute of Certified Public Accountants.
Handi Belamande Syarif
Mr. Syarif was appointed as a Supply Chain Management Director in June 2015. Mr. Syarif has served as the Operations Director at PT ANJ Agri Papua (a subsidiary of ANJ for the company's sago project in Papua) since October 2013 and the Supply Chain Director of ANJ's subsidiaries since May 2015. Prior to joining ANJ, Mr. Syarif was a Partner at PT Vcap Visitama (2012-2013), the Vice President in charge of cargo operations for Garuda Indonesia Airlines (2008-2011), the General Manager of Equipment Services of Coca-Cola Amatil (2004-2007), the Head of the Supply Chain of Reckitt Benckiser Indonesia (2001-2004), the Supply Chain Manager of Gillette Indonesia (1996-2001) and the IT Section Head of Virginia Oil Company (1988-1996).
Mr. Syarif holds a Bachelor of Science degree in mathematics and computer engineering from the Colorado School of Mines, United States. He is a member of the Indonesia Supply Chain and Logistics Professional Association.
Sonny Sunjaya Sukada
Mr. Sukada was appointed as a Sustainability Director in June 2015. Prior to joining ANJ, Mr. Sukada was the Sustainable Development Director of PT Tirta Investama (Danone Aqua, 2011-2015), a Partner at Kiroyan Partners (2008-2011), the Head of External Affairs of PT Ara Gemilang Imaji (Assessment Group Indonesia) (1998-2008), the Development Manager of PT Krakatau Lampung Tourism Development Corporation, Lampung (1997-1998) and a Lecturer at the Faculty of Social and Political Sciences (the Business Administration Department) of the University of Indonesia (1985-1995).
Mr. Sukada holds a Bachelor degree in Business Administration from the University of Indonesia and a Master of Science degree from the University of Surrey, United Kingdom. He is a member of the Indonesia CSR Professional Association and also a member of the CSR Consortium.
Geetha Govindan K. Gopalakrishnan
Mr. Govindan was appointed as a director of ANJ with responsibility for the operations of the palm oil business of ANJ in October 2015. Mr. Govindan also serves as the President Director of the subsidiaries of ANJ engaging in the palm oil business.
He has worked in the plantation industry for more than 30 years, and joined ANJ group in January 2014 after working for 13 years at PT REA Kaltim Plantations, where his last position was the Vice President Director from 2008 to 2013. Prior to that, he served as a Director of Operations from 2005 to 2008.
Mr. Govindan has a Bachelor of Science degree from the University of Madras, India, a Diploma in Human Resource Management from the University of Malaya, Malaysia, and an Executive Master of Business Administration from Euregio Management School, the Netherlands.Charter of the Board of Directors


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We continue on the "Prospects the UFC Should Sign" series, which will take us division by division, looking the top prospects that should be signed by the UFC.
Although the UFC's light heavyweight division is one of the most talent-filled divisions, it is also one of the least-occupied. Many of the top stars of yesterday are in their decline and toward the end of their careers.
With that, new faces will need to step up and carry the torch.
There are many good prospects available for the UFC, but here are five prospects the UFC should snag to fill up the division. These men not only bring skill to the Octagon but also potential.
NOTE: Bellator and Strikeforce fighters will not be included.


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Your PrivacyUpon your admission, you should receive a brochure that explains the Health Insurance Portability and Accountability Act of 1996 (HIPAA) and our Notice of Privacy Practices. If you did not receive a copy of the Notice of Privacy Practices, please tell your nurse.
Your SafetyEdwin Shaw Rehabilitation Institute is committed to your safety and care. We encourage you to be a patient safety advocate for yourself or loved one. Patient safety is built on a partnership between patients, families and healthcare professionals. It is the right of every patient to be actively engaged in their care - to fully understand the treatment they are receiving and to have all of their questions answered and their concerns addressed. If you have a concern about your safety while you are or were a patient at Edwin Shaw Rehab, we encourage you to contact:
Associate Vice PresidentEdwin Shaw Rehabilitation Institute405 Tallmadge RoadCuyahoga Falls, OH 44221330.436.0931If your concerns cannot be resolved through the hospital, you can contact the Joint Commission at 1.800.994.6610 or via email at: email@example.com communication will be held confidential, unless otherwise requested or required by law.
These are other important things you should know about when you are in the hospital:
Identification Bands You will receive an identification bracelet to wear throughout your stay. This band lists your medical record number and is how you are identified. Do not let anyone give you medications, tests or procedures without him or her checking your ID band every time.
Prevent FallsFalling can result in serious injury. You can help prevent falls by:
Leaving Your Unit You are invited to enjoy the grounds with approval from your physician or nurse. Please tell your nurse when you leave and be sure to dress appropriately. Visitors must be at least 18 years old to take a patient off the unit.
Cleveland Clinic Akron General 1 Akron General Avenue Akron, OH 44307 330.344.6000 1.800.221.4601 © 2017 Cleveland Clinic Akron General
This site complies with the HONcode standard for trustworthy health information: verify here.


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(800) 544-7938
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Pickles are an easy crop to grow and high quality pickles can command a good price. We offer the best varieties of pickling cucumber seeds for both hand and machine harvest. Many varieties will do well in all regions of the country.
Untreated and Organic varieties are identified with or . Further information on seed type is provided on each variety page.
Harris Seeds began operation in 1879 from the efforts of Joseph Harris, who was successful in selecting only the highest quality vegetables and grains. The company gained popularity because of his basic business philosophy: "Offer customers a quality product at a fair price and they will return." READ MORE
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Let's Keep Moving Evening Walk
All Ages
Wednesday, September 18
Program Code: 0411
Wednesday, October 16
Program Code: 0412
5:00 p.m. - 6:00 p.m
Heritage Center, 117 South Fountain Avenue
Registration Deadline: One Week Before Program
Walking has many health benefits and fun for the entire family. Enjoy the Simon Kenton Trail on this one- hour program. The walk is appropriate for all fitness levels. Participants should meet at the Heritage Center Parking Area. These walks are part of the Pound of Cure health initiative. Health screenings will be available. Registration required.


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- Home
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R&R Taqueria
7894 Washington Blvd, Elkridge, MD 21075 |
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Phone: (410) 799-0001
Specialty Dishes: Lamb Taco Enchiladas, Tacos Al Pastor
Hidden behind a gas station is a small hole in the wall where Chef Rodrigo Albarran-Torres is using his mother's recipes to cook up some authentic Mexican food. Guy and Joe Theismann, former NFL quarterback, devoured the lamb taco enchiladas and tacos al pastor, praising the balance of flavors.
See an error? Report This Listing
As Seen On
- Potato and Cheese Pan-Fried Pierogi Recipe courtesy of Pauly Fohrenkamm, Nye's Polonaise Room
- Cabbage Rolls Recipe courtesy of Pauly Fohrenkamm, Nye's Polonaise Room


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Cwmalls Mens Fur Trim Shearling Coat
Guide price: $1560
Last updated on 10th Nov 2015
Cwmalls Mens Fur Trim Shearling Coat
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text:
|Property type
|Minimum Stay
|5 nights
New holiday apartment at the hillside in an absolutely peaceful spot. Located at the edge of the shepherd's village of Vale, where the only through traffic consists of one or two horse carts bringing in the hay from the nearby hills. A good place for starting your explorations in the serenity of the romanian countryside.
The village of Vale is nestled between the wooded mountains overlooking the Transylvanian plain. On the one hand, far away from the pulse of time, on the other hand just around the corner of Sibiu, the European Capital of Culture 2007. Leaving the property behind, you already find yourself on the way up to the mountain meadows with their unique flora and fauna. So take a break and treat yourself a place, where unspoiled nature meets traditions and the breath of the past.
Interested in our other holiday homes, more photos, reviews or excursion tips? Please take a look at our homepage • www.casa-vale.net • We answer every enquiry within 24 hours.
The studio (28 sqm) is situated on the ground floor of the main house, and features a private entrance as well as its own terrace, kitchen, and a bathroom. Expect custom-made furnishings, exceptional cleanliness, and relaxing views of the valley and the forested mountains.
Furnishings include an oak parquet, a double bed, TV set with (international channels, Wi-Fi internet access, and plants. The kitchenette is fully equipped for self-catering with a fridge, gas stove, coffee maker, and espresso machine, as well as a toaster, kettle, spices, and more. On request, we provide you with breakfast, traditional menus or farm products from the village.
The separate bathroom is equipped with a shower, washstand, toilet, and washing machine.
The entire interior was chosen with care and is of high quality, including the sanitary installation, kitchen utensils, linen, and mattress. All the furniture, doors and windows were made to measure. On arrival you'll find the bed freshly made, with towels, soap and shower gel provided.
The solar-assisted central heating is powered by a gas heater. Alternatively, three electrical infrared panel can be switched on at no additional costs for you.
From the spacious terrace (21 sqm) you can look out onto the lush green of the wooded mountain slopes, or past the fruit trees down into the valley. A staircase leads to the fenced garden adjacent to the surrounding hills. Here you can relax on a covered terrace, grill your steak on the stonewalled barbecue, or enjoy the evening by an open fire, proposing a toast to the awakening crickets. Maybe you'll just sit down under an apple tree, listen to the birds, and let your thoughts drift …
We rent out this apartment separately or in combination with the main house Casa Zollo with 6 (up to 8) sleeps.
• For 2 (to 3) people
• Studio-apartment with a double bed and kitchenette
• Bathroom with shower and washing machine
• Private terrace
• Large garden with parking lot, covered patio, BBQ and fire pit
• Minimum stay: 3-5 nights
• Additional bed: € 10 per night.
••• We offer more than just accommodation •••
• Free pickup from the Sibiu airport or train station, rental car & bicycles on request.
• On request, our cook provides breakfast or swings the wooden spoon. She conjures traditional menus fresh on the table to pre-arranged time. Also available are farm products from the village, such as: fresh milk, goat or sheep's cheese, forest honey and homemade jam, Zakusca, pickled vegetables, wine and schnaps.
• On request: shopping prior to your arrival, cot, rides in a horse cart or donkey cart for children.
• Tip: trip to our shepherd's cottage (Cozo Fantu) in the mountain meadows. Without comfort but with lots of fresh mountain air for stressed lungs. A source emerges a stone's throw away, the cherries hanging in the trees, and cheese or milk you can get from the shepherd next door. Ascent with a horse cart and traditional shepherd stew over an open fire on request. ____________________________________________________________________
••• We provide more than only one cottage •••
We aren't trained tourism experts. We live in Vale and have joined together in a small and family-type construction company. By this company, we have given five houses a complete overhaul or constructed them from scratch. With attention to detail all along, with respect towards the traditional style of the area, as well with a view to modern building materials and contemporary housing needs. The result is an encounter of different ages and cultures in five oasis of wellbeing, each of them with their own flair, distinctive and special in a place which – we hope – will be sidestepped by the world's hustle for a long time to come.
••• VILLA CRINA - the icing of our resort with 200 sqm of living space and terraced garden – for 8 people.
••• CASA PELU - the former farmhouse with extended loft and roof-terrace – for 6 people.
••• CASA NICU - the 120-year-old cottage with the appropriate historic flair – for 2 (to 3) people.
••• VILLA ZOLLO - the new 150 sqm holiday home with panoramic views and large garden – for 6 (to 8) people.
••• CONDO ZOLLO II • well equipped apartment with large terrace, BBQ and garden – for 2 (to 3) people.
••• COZO FANTU - our shepherd's hut in the mountain meadows – for 4 people.
More on our homepage ••• www.casa-vale.net •••
A tarmac road touches the village, but in large parts there are cobblestone roads and trails leading up into the hills. Here, traditional structures and lowbrow hospitality have largely survived. Horses, goats and poultry are still part of the village landscape and the farmers take up the scythe and plant corn, potatoes and vegetables to preserve them for winter.
Some say it looks as though time were frozen and that a great deal of things aren't perfect. The culture seems to be alien, the nature unique and untouched, and the breath of the past hides in every angle. It may occur to you that this is the charm of the extraordinary before being run over by the advance of civilization. Want to have a look at? Just take place on the hillside above the village, enjoy the vastness of the valley, and you will be surprised about the thoughts popping up in your mind out of nowhere.
Find below some attractions and tips for trips around Vale.
We live in Vale and have joined together our experiences in a small and family-type construction company. By this company, we have given five houses a complete overhaul or constructed them from scratch. After eight years of work - with many possibilities for creative design - we put trowels and planing aside for a while and breathe a sigh.
Of the income of the vacation rentals (your money) on one hand the 'investor' is served. On the other hand, the administration allows two families an extra income. When we cook for you, if you order local products, plan a trip in a horse cart or rent a car other villagers have a benefit. Finally, we are planning a soup kitchen for the less well-off families in the village which also will be financed from the proceeds of the accomodations.
We foster a climate of openness and equality-based relationships.
W. Konnerth purchased this apartment in 2010
... because clucking chickens, neighing horses and the absolute silence of the night less burden the nerves than roaring engines.
... because the sight of forested mountains and free-flowing streams better likes to the eye than concrete ground overgrown with skyscrapers.
... because there aren't many places where the breath of the past is perceptible and where, nevertheless, you don't need to give up the comforts of running water, central heating, TV programs and online services.
... because you can relax sitting on the mountainside, chewing a blade of grass and looking down into the valley, and about half an hour later you may stand in front of the impressive fortifications of a city, actually worthy to be called 'European Capital of Culture'.
... because you enjoy a privilege as western foreigner, located more in a special respect than in attempts to defraud you.
... and because - in our temporal possibilities - we really care if desired instead only manage you.
... you may judge for yourself after you've left.
Well, to start I'd like to say that the Property looks great and has a good view. It's comfortable if a bit cold and Romania I can definitely recommend. But the Problem with Casa Zollo is the management. To start We arrived on the day we said we would at the time we said we would but there had been a miss communication (Later reveled one that could have been easily been avoided if there had been a check procedure anywhere) and we where left stranded at the airport.
We made our way to the Location using a taxi we never got reimbursed for but ended up having to stay in Casa Zollo 1 (The three bedroom) in order to avoid the Sub-freezing temperatures. I was willing to over look this but he then charged us for his mistake later upping the night we stayed from the cost of the one bedroom to the cost of a night in the three bedroom.
We where told the Train station was 3Km away or a ten minute walk. It turned out to be 8Km away and an hour walk. The internet that is promised to be 5-10 Mbs didn't work for the first three days, After a few hours of chatting we had it working... for a day. There is a 10 Gig limit he doesn't mention and seems to avoid filling it up as we got a old card with 5Gig left and he didn't top it up for us or the people who came after us.
In short the location is great and the Staff are Nice if a bit pushy but the Management is neglectful and in some cases down right dishonest. The Best part of Casa Zollo for me was Leaving Casa Zollo as any attempt to relax was always met with unfulfilled Promises, Half measures and Frustration.
Wir konnten leider nur eine kurze Nacht im "Zollo II" verbringen, aber die war wunderschön.
Eine tolle Wohnung mit einer tollen Terrasse und einem wunderschönen Blick über die Ebene.
Super Ausstattung, alles perfekt sauber und "mitgedacht" und mit liebevoller Betreuung!
So muss eine Ferienwohnung sein!
Ich komme auf jeden Fall wieder - dann für länger!
Vielen Dank!
Lovely house, very helpful people and nice homecooked food. Cute neighbourhood kitties. Recommended for everyone who loves some quiet, beautiful nature but still be close to a bigger city (Sibiu). We will definitely come back when we visit Romania again!
Die Wohnung und der Garten mit Grillplatz sind sehr schön. wir haben uns sehr wohl gefühlt. Für einen Urlaub zu zweit ist Casa Zollo II sehr zu empfehlen.
Auch die nähere Umgebung mit dem Cindrelgebirge ist zum Wandern, Fahrradfahren und Motorradfahren ist toll. In die Schöne Stadt Sibiu ist es auch nicht weit.
Immer wieder gern !
Teodora und Jörg
Nachdem wir bereits nach unserer online Buchung begeistert waren wie freundlich und schnell unsere zahlreichen Fragen beantwortet wurden hofften wir, dass die Wohnung und die Umgebung dem gerecht werden können, was wir uns vorgestellt haben. Vorweg, wir haben nicht vorgefunden, was wir erwartet haben, nein, es war noch viel besser! Selbst wenn wir uns die Bilder dieses traumhaften Urlaubs ansehen spiegeln diese nicht die Ruhe wieder, die frische Luft, die klaren Quellen, das herrliche Essen und die Freundlichkeit der Menschen. Wir sind nicht nur herzlich aufgenommen worden und während unserer Zeit in der gemütlichen Wohnung betreut worden, wir durften ein Stück des Landes kennenlernen. Frische Produkte aus eigener Herstellung an einem knisternden Kaminfeuer im Garten genießen, während man dem Konzert der Natur lauscht. Es hat einfach alles gestimmt, die Wohnung war in einem super Zustand, die Ausstattung wie beschrieben, es war sauber, die Betreuung jederzeit gewährleistet. Gerne werden wir wiederkommen und freuen uns jetzt schon darauf, noch mehr dieser unglaublichen Gegend entdecken zu dürfen.
Ein Haus in den Bergen mit sehr viel Liebe gebaut und sehr nette Menschen die sich darum kümmern. Mit Werner hatten wir schon bevor wir nach Rumänien fuhren netten Kontakt. Er holte uns dann auch vom Bahnhof in Sibiu ab und brachte uns zum Casa Zollo II nach Vale. Und ab da war eine sorgenfreie Woche mit Wandern, gutem Essen und netten Menschen angesagt. Das Haus hat eine schöne Umgebung und auch ohne Auto kann man schon viel erkunden und findet viele Möglichkeiten zum Wandern. Wenn man sich dann von Werner noch eins der günstigen Autos mietet geht dann natürlich noch mehr. Viele klare Seen und Bergwiesen mit malerischen Ausblicken in der Umgebung und überall die Dörfer mit den Kirchburgen machen die Region wirklich SEHR empfehlenswert. Der einzige Nachteil ist, dass man irgendwann wieder zurück muss... Wir kommen zurück nach Vale das war für uns schon nach kurzer Zeit klar.
••• A trip can take you an hour or a day •••
It can take you on the hillside above the village for a few glances into the vastness of the valley or to the jumping fishes in the mountain lake of Gura Raului. Maybe you are interested in a Saxon fortified church, in the historic town center of Sibiu or in a day trip across the Carpathians into the Wallachia on the other side. There are many options, here you get a few examples.
The open-air Marmelada swimming pool is just across the hill 20 minutes walk away, and so is the first of five lakes in the valley.
In 15 minutes you've left the village below, passing dozens of hand-carved wooden sculptures on the Poiana Soarelui (sun glade) on the ascent, to arrive at the mountain meadows with a unique view across the vastness of the Transylvanian Plain. In good weather, you get sweeping views all the way to Sibiu and the Fagaras Mountains range beyond it.
You can start your hiking tour in every village. A gravel road takes you from Saliste (2 km) to the high plateau of Crint, and from Sibiel (2 km) you walk along a stream to a remote monastery in the heart of the forest and further.
Connoisseurs are attracted to the mountain lake at Gura Raiului (8 km). It lies in a depression surrounded by forest. The water is clear and in the evening, you can light a fire and watch the fish jump for mosquitoes. Anyone visiting this place won't easily forget the serenity of this place.
If you are aiming really high, you can choose between two trafficable north-south passes over the Carpathians, both to visit in a day trip:
• The 'Transfagarasan' – winding past steep rocks and a waterfall dozens of meters high. On the top awaits you the 'Balea' lake with a hostel and the house of ice.
• The 'Transalpina' - at 2.145m the highest trafficable road across the Carpathians, sometimes even above the clouds. Created by the Romans in their campaign against the Dacians, she was forgotten in the meantime and today presents one of the untouched mountain regions in Europe. The Transalpina starts at Saliste, just 2 km from Vale.
In both cases, you arrive at 'Walachia', the southern part of the country, in a climate zone influenced by the Mediterranean. From here you can return through the 'Olt Valley', the only north-south route through the Carpathians, passing ancient monasteries and partly steep cliffs. Anyone who doesn't stop here must be in a real hurry.
When you've had enough of mountains and steep slopes, turn to the valley. Scattered across the countryside are Dacian ruins, caves and abandoned Roman mines, and ancient fortified churches built by the Transylvanian Saxony partly 800 years ago.
One of their medieval towns, the European Capital of Culture Sibiu, lies just around the corner and to this day is a fountain of cultural diversity. The medieval fortifications enbrace an old town with historic alleys and restaurants, cafés and bars, some of which are set in vaulted cellars or courtyards. During the summer the town opens up to visitors and regularly organizes events, from cabaret and theater, through open-air concerts, to exhibitions of local crafts guilds.
The Traditional Village Museum ASTRA on the outskirts of Sibiu also merits one or two glances. Here, centuries-old log cabins, water mills, blacksmith shops and saw mills from all over the country were reconstructed true to the original.
From here, it's just a stone's throw to the fortified church of Cisnadioara, one of the oldest Saxon buildings in Transylvania established in the 13th century. It stands on an almost circular mountain top above the village.
After taking a walk for hours you will feel your legs. In the saltwater lakes and spas of Ocna Sibiului (25 km) you can soothe your aching bones in brine, stretch out in saltwater reading the newspaper and then coat yourself in mud.
The way back from Sibiu leads you past Cristian (13 km). Here, another Saxon fortified church gives you an impression of how centuries ago people barricaded themselves against Mongols, Turks and Kuruc irregulars.
If you choose to delve deeper into the history of Romania you will hear about the Dacians. Similar to the Celts in Ireland, they are famous for their mystical traditions and particular skills. The last Dacians are said to have taken refuge in the 'Muntii Apuseni' (Central Carpathians), a sparsely populated region on the western border of Transylvania. Today however, this region is known for its caves and abandoned mine tunnels, some of which run hundreds of meters through rock. Skeletons of dinosaurs and other prehistoric monsters are found in their depths even today. Early birds can explore this area on a day trip.
Heist and highway robbery are tales from the years following the political change and Count Dracula obviously exists only in movies. People in this parts don't drink blood and are mostly open-minded if met with respect. So, no matter which way you turn, you will experience amazing things - usually things you never expected.
|Rental Period
|Minimum Price
|Additional Nights
|Weekend Night
|Event Price
mid season | zwischensaison
1 Apr 2017 - 9 Jun 2017
5 night minimum stay
for 5 nights
|Notes: Rates are based on 2 guests; add £9 per night, per additional guest
peak season | hauptsaison
10 Jun 2017 - 20 Sep 2017
5 night minimum stay
for 5 nights
|Notes: Rates are based on 2 guests; add £9 per night, per additional guest
mid season | zwischensaison
21 Sep 2017 - 22 Oct 2017
5 night minimum stay
for 5 nights
|Notes: Rates are based on 2 guests; add £9 per night, per additional guest
peak season | hauptsaison
20 Dec 2017 - 7 Jan 2018
5 night minimum stay
for 5 nights
|Notes: Rates are based on 2 guests; add £9 per night, per additional guest
My Standard Rate
5 night minimum stay
for 5 nights
|Notes: Rates are based on 2 guests; add £9 per night, per additional guest
|Pet Fee
|Fee for online booking
• pet per day: 5 € / Haustier pro Tag
• Extra bed 3. person: € 8 per night / Extrabett pro Nacht
• Fee for credit card booking: 15 € / Transaktionsgebühr bei Kreditkarten-Buchung
• Discount from 15th day of stay / Ermässigung ab dem 15. Tag
• Free pickup from Sibiu airport, rental car & bikes on request / Transfer vom Flughafen Sibiu inclusive, Mietauto & Fahrräder auf Anfrage


text: Jan 3 How Legal Weed Will Influence Nevada's Drugged Driving Laws Dec 12 What Does Negligence Mean in a Car Accident Case? Nov 23 Protect Your Rights: Avoiding Mistakes After a Car Accident Oct 24 Authorities Brace for Crime During Halloween Oct 6 4 Things You Should Know About Probable Cause in Relation to DUIs Sep 22 Which Family Members Can File a Wrongful Death Lawsuit in Nevada? Aug 29 Attorney John Stephenson Challenges Methods Used to Gather Evidence in High Profile DUI Case Aug 17 Joey Gilbert Law Attorney Discusses Nevada's Marijuana DUI Law With News 4 Are Legal Limits for Pot Usage While Driving Arbitrary? Every state has a method to determine whether a driver was operating a vehicle under the influence of alcohol. However, ... Physicians are Being Prosecuted for Underprescribing and Overprescribing Patients with Pain Medication Recently, the federal government has been prosecuting various physicians for prescribing individuals with the following ... How Much is My Personal Injury Case Worth? After a person is involved in a serious or harmful accident, that individual may be entitled to receiving financial ... Recent Oxycodone Pill Mill Bust May Lead to Increases in Overdose Rates and Drug Possession Arrests Last month, Reno law enforcement officers and federal agents discovered an alleged oxycodone pill mill, which is a ... 2017 (1 posts) January (1 posts) 2016 (30 posts) December (1 posts) November (1 posts) October (2 posts) September (1 posts) August (2 posts) July (3 posts) June (4 posts) May (7 posts) April (1 posts) March (4 posts) February (1 posts) January (3 posts) 2015 (9 posts) December (3 posts) November (1 posts) October (1 posts) September (2 posts) August (1 posts) April (1 posts) Car Accidents (10) Criminal Defense (73) DUI (30) Joey Gilbert (4) Personal Injury (31) Workers Comp (2) Recent Posts Most Popular Archives Categories Do Celebrities Interpret the Law Differently? Posted By Joey Gilbert Law || 15-Mar-2013 While the common burglary is unlikely to make the news, when a celebrity or famous athlete is involved it is quite a different story. This was the case when two Super Bowl rings (as well as a coin collection and an Xbox) were taken from the home of former San Francisco 49ers kicker Mike Cofer. It seems that whenever a celebrity is in the news even the most basic crimes make headlines. Newsfeeds overflow with news of celebrities being charged with drug possession, DUIs, and tax evasion. Meanwhile, any crime committed against celebrities is just as big of a deal. A celebrity hacker recently exposed the finances, personal identification information and more about 12 major celebrities and politicians including Beyonce, Ashton Kutcher, and Joe Biden. Had those 12 celebrities been just random individuals, we probably would have never heard of the incident. Likewise, if Super Bowl kicker Mike Cofer had never played in the NFL, the disappearance of a few items of jewelry and a game system would never have been categorized as public interest. No matter how many times Lindsey Lohan is charged with a DUI, she never seems to do as much time as your average individual. When she does "go away" it's to some sort of celebrity health spa-not the drug treatment and rehabilitation center one might expect. In sharp contrast, anyone who commits a crime against celebrities is persecuted to the full extent of the law. You can be sure that the celebrity hacker will receive a whole lot more than a slap on the wrist. Meanwhile, actor Stephen Baldwin was recently found to have evaded over $350k in back taxes and penalties. A typical penalty for such evasion would involve fines, time in prison, and a probation term. But this is a celebrity! In exchange for pleading guilty to the charges, Baldwin will be given five years to pay off the total amount. He is expected to avoid any jail time and probation is out of the question. Does a person's status as a celebrity entitle them to a different interpretation of the law than that which ordinary citizens are subject to? Certainly not. Regardless, celebrities are consistently given lesser penalties for offences they commit. When the crime is against a celebrity or other noteworthy figure, the punishment for the offender is much, much harsher. Categories: Criminal Defense Share This Post: Blog Home


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Last year I wrote an article explaining why Peter Schiff was wrong about gold "going to the moon." At the time gold was trading around $1,400/oz and soon afterwards collapsed to under $1,200/oz.
Since that article gold has been bouncing around between $1,200 and $1,400/oz.
Once again, like clockwork, gold has a "dead cat" and the media runs to Peter to get his view on gold and anti-Federal Reserve/Ben Bernanke/Janet Yellen invectives. One thing to note is that when the financial media wants an objective analysis of gold, they don't rush to Peter. The media rushes to Peter to get an over the top bullish story on gold.
A recent video highlights Peter's fatal flaw. His anti-Federal Reserve, anti-monetary policy, anti-fiat currency beliefs are held so strongly he has either never taken the time to understand how the current monetary system works, or he simply rejects it. Peter starts with a conclusion that printing money causes inflation and from that conclusion works backwards. He effectively uses the scientific method in reverse. Investors need to understand that Libertarians redefine "inflation" to make their financial model work. The deflationary Bitcoin is the result of Libertarian monetary policy. Ironically the one thing I agree with Peter on is his opposition to the Bitcoin. There is a battle between Libertarians as to whether Bitcoin or gold is the true Libertarian currency, but I won't get into that.
In the video Peter makes various claims, and I will try to address them.
1) "Gold is just getting started:"
Gold is forming the backside of a burst bubble. The 2008 financial crisis and following QEfinity generated fears of hyperinflation, largely promoted by people like Peter and gold merchants on cable TV. Unless you redefine inflation, those fears never materialized, nor are they likely to. Gold looks to have reached a peak back in inflation fear driven 2011.
2) "The gold rally has nothing to do with Crimea:"
Russia threatening to take over the Crimea and shut off its natural gas supplies to the EU have a lot to do with this recent rise in gold. The New Year started with an oversold bounce in gold, but the developments in Russia and the credit crisis in China turned a likely small dead-cat bounce into a sizable dead-cat bounce, but a dead-cat bounce all the same. Going forward, gold will likely track Russian and Chinese developments. If the Crimea issue gets peacefully resolved and the Chinese credit crisis is well contained, gold will likely be breaking $1,200 soon afterwards. We also have April 15th coming up, and that may trigger some gold selling as people take tax losses in 2014 to pay for taxes owed in 2013. I wrote the above paragraph on 3/17/2014, and this A.M. gold is down another $20/oz as the Russian situation continues to unfold. The market performance of gold is simply proving Peter wrong... again.
3) "Inflation is driving gold higher:"
Inflation is not driving the price of gold. Today the greatest threat to the global markets is deflation. Making the claim inflation exists in this environment demonstrates a dangerous level of overconfidence in a complete and utter misunderstanding of monetary policy and economic metrics like the CPI, PCE and/or PPI. Claiming inflation exists is completely wrong, in fact the Federal Reserve may be trying to boost inflation. Because of the anti-inflation, anti-Federal Reserve ideology that Peter Schiff follows, the concept of the Federal Reserve intentionally creating inflation is beyond his comprehension. It simply doesn't fit in his financial model. Libertarians simply reject the benefits of mild stable inflation.
One doesn't even have to rely on the government measures like the CPI which Peter will surely claim is rigged, here is the video. One simply needs to look at bond rates, specifically corporate bond rates that aren't distorted by the Fed's QE. Corporate bond rates are near record lows, and show no fear of inflation. Peter can make the paranoid's case of rigged government metrics, but he can't make the case for rigging all the entire global financial markets. Either Peter is right and all the global financial markets are wrong, or Peter is wrong and the world is right. I bet on the world being right over Peter, they follow the classic definition of inflation, that being an aggregate increase in prices. By the way, price shocks like the OPEC oil embargoes can cause inflation and have nothing to do with printing money. Inflation is simply more complex than what the Libertarian monetary model accepts.
4) "Fed has no way out of QE:"
That quote proves Peter doesn't have a solid grasp as to how modern monetary policy is implemented. That is what happens when one lets political ideology interfere with unbiased analysis. It also proves Peter follows a carriage in front of the horse understanding of monetary policy.
The Fed's path to exiting QE is very clearly defined. The Federal Reserve has specified very specific inflation and unemployment targets. Peter's financial model appears to follow a 16th century mercantilist monetary policy instead of the current monetary system as defined by the Fed's FOMC meeting minutes.
In fact, the exceptionally low range for the federal funds rate will be appropriate at least as long as the unemployment rate remains above 6.5% (the majority of the Fed committee expects rates to start to rise in 2015). Also the Fed will continue to hold MBS and government bonds long after tapering ends, and will continue to re-invest interest and principal receipts. The critical take-away from the Feds announcement is that QE tapering will be highly dependent on continued economic growth, especially a further reduction in the unemployment rate (7.25% is now the critical level for tapering to begin and Bernanke expects the unemployment rate to be down at 7% by the time tapering ends) but also a rise in the inflation rate to around 2%.
Peter's model fails to grasp that monetary policy is nearly 100% dependent upon the success of fiscal policy. Yelling at the Fed for continuing to implement QE is like yelling at the clerk for the price of milk. Monetary policy is like "pushing on a string," it can only create the environment that is favorable to borrow, it can't force people and businesses to borrow and spend. That only comes with confidence, and Washington and all the uncertainty caused by constant change isn't a confident business environment. As long as Washington fiscal policy fails to stimulate economic growth, jobs and inflation, the Fed will continue QE. Once a successful fiscal policy is implemented, you can be 100% sure the Fed will be able to exit QE, but not sooner. The Fed can lead consumers and businesses to the water/bank/store, it can't make them drink/borrow/spend.
In conclusion, because the current administration is following a Keynesian model it is highly unlikely that the US economy will recover at a pace necessary to unwind the "taper" in a timely manner. Going forward I would expect economic growth to be anemic, inflation to remain subdued and unemployment to remain stubbornly high, and maybe even increase as more and more of Obamacare is implemented. The persistently high unemployment will prevent the Fed from quickly implementing the "taper" and will delay any increases in interest rates. I would imagine that 3% will serve as a ceiling for the 10-year Treasury bond rates, and represent resistance that will only be penetrated once a real recovery is underway.
5) "Economy is slipping into recession:"
On this point Peter may be correct, but I am 100% certain 0% interest rates won't cause the economy to fall into recession, it must be some other factor... like failed fiscal policy. I would love to see one of these reporters ask Peter how 0% interest rates can cause a recession. That is a whole lot like saying global warming causes ice ages, it just doesn't make any sense. Facts are 0% interest rates combined with successful fiscal policy is almost a 100% certain way to end the need for QE. The problem is, no amount of successful monetary policy can compensate for failed fiscal policy. Peter's model doesn't seem to incorporate that concept. His model's apparent singular focus on monetary policy prevents him from seeing the whole picture, and the reality of the critical interaction between monetary and fiscal policy. In scientific terminology of Y=mX+b , fiscal policy is the independent variable (X) and monetary policy is the dependent variable (Y). Peter's model apparently has its Xs and Ys mixed up, if in fact it even includes fiscal policy at all. His model appears to be completely backwards, incomplete or both.
6) "Fed is going to ramp up QE:"
That may be 100% true, see #5 above. Problem is Peter blames monetary policy when he should focus on fiscal policy. Peter is now even into "class warfare" and blaming the "IPO bubble" on the Fed. Peter's invective against the Federal Reserve is legendary, but blaming every bubble on them is bit of a stretch. Using that logic, maybe the Fed is causing the Bitcoin bubble, or caused the Tulipmania of the 17th Century (yes, I know the Fed didn't exist in the 17th Century, that is my point). No matter what happens, the Fed seems to be the cause. Peter is like a global warming "scientist" who sees CO2 as the cause of everything. He simply appears to have blinders on that prevent him from understanding how monetary policy truly impacts the markets.
7) "Wall street money drove gold down, gold weakness has driven speculators out of the market:"
Some of that may be true, but retail gold selling was largely matched by central bank buying of gold. For every oz of gold that is sold, there is also a buyer on the other side of the transaction. Selling gold doesn't make it disappear, it simply changes ownership. Now that gold has had a nice run up from $1,200/oz, there are plenty of people able to take profits.
8) "Climbing wall of worry:"
Peter is 100% dead on with this analysis, but that analysis is 100% contrary to his theory. Fear isn't a long-term investment strategy. Peter is right on the theme, but wrong on the source of fear. Peter thinks the markets fear inflation and the continuation of QE. That is proven 100% wrong by the global bond markets. If inflation was truly a threat, the bond markets would react. Ironically, the development of mild inflation will likely be very bad news for gold. In reality QE lowers interest rates so when investors seek a safe haven gold becomes a viable alternative to bonds that are yielding near 0%. It isn't fear of inflation that drives the gold demand, it is the facts that at low interest rates gold becomes a viable alternative to bonds as a safe haven. That won't likely happen as rates increase and the opportunity cost of holding gold increases.
The fear that is driving gold right now is coming from Russia and China, and with gold currently down $20/oz I'm watching the unwinding of the Russian fear premium as I write this article. If things in Russia and China worsen, gold will likely go higher. That won't, however, make Peter right on his thesis, it will make him lucky.
9) "Higher gold will cause a short squeeze"
Peter is 100% correct again, but what does a "short squeeze" have to do with a long-term investment thesis? "Short-squeezes" are the classic time to sell if you are long. People are far more likely to use a "short-squeeze" to exit their positions than to add to them. Peter should be using the "short-squeeze" to lighten his position, not add to it. Peter's argument is like a person that has dug themselves into a hole asking for a bigger shovel instead of a ladder. By the way, it looks like a short-squeeze is already underway, and may have been part of the reason the "dead cat" bounce was as strong as it was.
10) "Could reach $2,000 this year:"
Yep, and a cow may jump over the moon. There are possibilities and there are probabilities, it is "possible" gold will make it to $2,000/oz in 2014, but it isn't "probable." Anything is possible, but gold going to $2,000/oz without another 2008 type crisis is not likely. I expect gold to trade below $770/oz before it trades above $2,000/oz, but that will all depend upon fiscal policy and geopolitical events.
11) "Gold will go higher when Janet Yellen has to confess QE isn't working:"
Monetary policy is working, QE is working, that is what Peter doesn't seem to grasp. QE isn't the tool to force an economic recovery, that is what fiscal policy does. Monetary policy prevents the financial system from experiencing a Great Depression systematic catastrophic collapse, and the Fed's QE has done that. The Fed is like the emergency room doctor that stabilizes the patient, fiscal policy is like the doctor that takes over after the patient has stabilized. The Fed successfully stabilized the patient, now it is time for the fiscal policy doctor to nurse the patient through recovery. Monetary policy is a passive tool, it is like "pushing on a string," it is a carrot not a stick. Fiscal policy is the stick. Once Washington gets its act together and develops a solid pro-growth, pro-jobs, pro-profits fiscal policy, gold is a goner as is the Fed's QE.
The reason I write about this topic, and am critical of Peter Schiff's constant invectives against the Federal Reserve is because of what happened in 2008. Anyone that has even a casual understanding of the Great Depression knows that a major contributing factor was the Federal Reserve's inaction, and the resulting systematic catastrophic collapse of the banking system. The movie "It's a Wonderful Life" highlighted the economic horrors of an economy where the Fed failed to act as a "lender of last resort." Peter Schiff's invective towards the Federal Reserve is legendary, and it helps create a political tone that makes it very hard for our elected leaders to do what is right for the country during times of crisis.
In 2008 I watched in horror as the American people, spurred on by people like Ron Paul, Peter Schiff, and Libertarian "End the Fedders," demanded no bank bailouts. Even after the Lehman Brothers debacle the American people voted against the TARP program. America seemed intent upon cutting off her nose to spite her face, and repeat the mistakes of the Great Depression. The rise of the early 99%/Occupy Wall-Street type movement combined with the Tea Party and libertarian "End the Fed" movements created a toxic anti-Bankster, anti-Wall Street, anti-Federal Reserve environment. Just when we needed more understanding, reason and calm, social movements from all ends of the political spectrum were grabbing the pitchforks and lighting the torches. The angry mob wanted to burn a witch, and that witch lived on Wall Street.
Because of the political pressure and misguided beliefs, Treasury Secretary Hank Paulson pushed for one of the most misguided policy mistakes in world financial history, that being the bankruptcy of a "too big to fail" bank. The banking system is an interconnected web supported by nothing but trust, and once that trust was broken, the system crashed. It was the greatest unforced error in all of financial history. I can give the people in charge in 1929 a pass, they didn't have the Great Depression to study. The people in charge in 2008 had 80 years to study and learn those lessons and they failed as if they had never even read the cover of the book. America literally voted to trigger another Great Depression. People like Ron Paul and Peter Schiff weren't out trying to calm the mob, they were using the crisis to validate their misguided beliefs. The consequences to investors were catastrophic as the markets immediately collapsed upon the failure of the TARP vote. Saving Lehman Brothers was estimated to have required a $40 billion emergency loan, the failure of TARP cost an immediate $1.2 trillion.
Stocks crushed
Approximately $1.2 trillion in market value is gone after the House rejects the $700 billion bank bailout plan.
Facts are, there was 0% chance that a TARP program wouldn't have eventually passed, the markets would have made 100% sure of that. Everyone in America should have known that, but because we had people in the financial media and government encouraging such economically suicidal behavior, America had to relearn the hard way the lessons of the Great Depression. Lessons that we have yet to fully recover from.
President Bush once said "we have to abandon free market principles to save it." There is nothing written in any modern free market economic text book that would ever promote allowing a "too big to fail" bank to fail. Every free market economic textbook written post-1929 strongly argues against it. The banking system isn't part of the free market, it enables it. Free market principles do not apply to the banking system. The banking system is like the oil in an engine, or the operating system of a computer, it allows the system to run, but is removed from the system. There is an infinite difference between an auto bailout and a bank bailout. If GM (NYSE:GM) goes bankrupt (which it did), they restructure or get bought out like Chrysler, and the overall economy will barely miss a beat, in fact it will likely emerge stronger. Free market principles apply to companies that exist in the free market. Banking doesn't exist in the free market, the banking system are the shoulders of Atlas on which the free market rests. Allowing a "too big to fail" bank to fail is like encouraging Atlas to Shrug and drop the whole system.
This "End the Fed" movement is founded on a misguided misunderstanding of the Austrian School of Economics concept of "mal-investment." The "mal-investment" Hayek wrote about doesn't apply to the banking industry. The kind of "mal-investment" Hayek wrote about can be seen today in the natural gas industry. That kind of "mal-investment" is caused by lack of information regarding future prices, not interest rates or monetary policy. The process is simple, and repeats itself over and over and over throughout history, with or without a Federal Reserve. The price of a commodity spikes, it draws long-term investment based upon elevated prices, the free market invests heavily to capture those extraordinary profits, plants, wells, railroads and mines take years to build/drill, because spot prices are different from future prices the new capacity eventually results in lower prices for the commodity, companies whose original decisions were made relying on $10mBTU natural gas are suddenly bankrupt when the new supply drives prices down to $2mBTU. That cycle is called the Austrian Business Cycle Theory or ABCT and it existed long before the Federal Reserve, has little to do with interest rates, and everything to do with the potential of extraordinary profits and imperfect information regarding the future prices of the commodity, product or service being targeted.
Letting the banking system go bankrupt doesn't eliminate any "mal-investment," at least not in the ABCT sense. Letting the banking system fail is like intentionally installing a virus on your computer that erases your hard-drive. The system crashes on an epic scale and good as well as bad programs and files get erased. There is no underlying financial principle like profit and loss that explains a business failure in a financial panic, it is a purely emotional market reaction that is self creating and self feeding. During a financial crisis, the baby gets thrown out with the bath water. During the 2008 crisis, the money market funds were threatened, as were bank accounts. If Federal Reserve opponents/ABCT proponents had gotten their way, they would be explaining today why people losing their entire life savings was good for the economy because it removed "mal-investment" from the system. To me that is pure misguided ideologically driven insanity.
It is estimated that a $40 billion emergency loan to Lehman Brothers could have prevented the entire 2008 collapse. There is an infinite difference between a "bail out" and issuing an "emergency liquidity" loan. Loans get paid back. The financial TARP program made the tax payers a fortune. The tax payers got paid for letting Congress save the day. The part of TARP that didn't make money was mostly related to GM. The GM "bailout" which wasn't part of the initial TARP however is a different issue than protecting the banking system. You don't get a global catastrophic systematic financial collapse from letting an auto company go bankrupt. A $40 billion emergency loan could have possibly prevented the multi-trillion dollar 2008 financial crisis. It was penny-wise and pound foolish on an epic scale.
Our ruling
Former President Clinton said government got the TARP money back plus interest.
That is correct for the money that went to banks. It is incorrect for TARP as a whole. The program remains about $34 billion in the red.
Peter Schiff may in fact be correct that gold is going higher, I can think of plenty of scenarios that will drive gold higher, but gold won't be going higher for the reasons Peter Schiff gives. Investors must be aware that the reasoning he uses, based upon the invectives that he continually levels against the Federal Reserve, can have catastrophic consequences to the global financial markets. Had we "Ended the Fed" before the 2008 crisis, it is highly unlikely that it would have ended in anything other than an extremely deep global depression.
The market's reaction to the failure of the first TARP vote proves this "End the Fed" movement is extremely dangerous, misguided and harmful to investors. Without the Federal Reserve's actions in 2008 nothing would have prevented the complete collapse of the financial system in 2008, there would have been no "lender of last resort?" Before investors buy into the anti-Federal reserve invectives, they need to ask "what better system could replace the Fed?" Anti-Federal Reserve proponents will likely call for a gold standard. If they do, ask them how they will "print gold out of thin air" during a panic? How would they prevent "bank runs and panics?" How would they have prevented the money markets and bank accounts from "disappearing into thin air" like they have in the past financial panics pre-Fed?
Facts are, to prevent money in a fractional reserve banking system from disappearing into thin air you need to be able to print money out of thin air, and that is what the Federal Reserve does, and does for a good reason. Until opponents of the Fed offer a better solution than the current Federal Reserve system, one that can stop bank runs and financial panics, supporting such policies can/do and have had catastrophic consequences to investments and the economy.
Had the Fed not acted in 2008, investors would have risked losing everything. The Federal Reserve isn't perfect, it is just a whole lot better than the solutions offered by its opponents, and infinitely better than the Bitcoin. Investors interested in this topic should read the book or watch the movie "Too Big To Fail." It does a great job demonstrating the importance of the concepts I tried to address in this article. Tampering with the banking system isn't for amateurs, and once broken, like Humpty Dumpty, it is extremely difficult to put back together.
Disclaimer: This article is not an investment recommendation or solicitation. Any analysis presented in this article is illustrative in nature, is based on an incomplete set of information and has limitations to its accuracy, and is not meant to be relied upon for investment decisions. Please consult a qualified investment advisor. The information upon which this material is based was obtained from sources believed to be reliable, but has not been independently verified. Therefore, the author cannot guarantee its accuracy. Any opinions or estimates constitute the author's best judgment as of the date of publication, and are subject to change without notice. Past performance is no guarantee of future results. For my full disclaimer and disclosure, click here.
Disclosure: I am long GLL. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: I also own calls on GLL.


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Brief Summary
Opisthoteuthis depressa is known only from waters off Japan. It reaches a size (measured from arm tip to arm tip) of just over 200 mm. Males have a distinctive arrangement of enlarged suckers.
Comprehensive Description
- Arms and web
- Arms subequal.
- Web extends nearly to arm tips along dorsal margins of arms but web along ventral margins terminates well proximally.
- Suckers in female: very small, largest ca. 2 mm in diameter; number just over 50 on each arm; suckers uniform size over most of arm, decreasing in size proximally and distally.
- Suckers in males: greatly enlarged and crowded into biserial or triserial arrangement from sucker 5-20; maximum sucker size - 7 mm in diameter in adults.
- First cirri between suckers 1 and 2.
The above description is taken from Sasaki, 1929. More details of the description of O. depressa can be found here.
O. depressa differs from all members of the genus (where males are known), except O. mero and O. robsoni, in lacking distal fields or at least lacking an increase in sucker size in the distal fields. O. depressa differs from the other two in having more enlarged suckers on each arm of the proximal field (i.e., 16 vs 5-8).
Japanese waters. 130-1100 m (Nesis, 1982/87).
- van der Land, J. (ed). (2008). UNESCO-IOC Register of Marine Organisms (URMO).
Environmental ranges
Depth range (m): 128 - 1074
Graphical representation
Depth range (m): 128 - 1074
Note: this information has not been validated. Check this *note*. Your feedback is most welcome.
Environmental ranges
Depth range (m): 128 - 1074
Graphical representation
Depth range (m): 128 - 1074
Note: this information has not been validated. Check this *note*. Your feedback is most welcome.
Molecular Biology and Genetics
Molecular Biology
Barcode data: Opisthoteuthis depressa
The following is a representative barcode sequence, the centroid of all available sequences for this species.
There is 1 barcode sequence available from BOLD and GenBank.
Below is the sequence of the barcode region Cytochrome oxidase subunit 1 (COI or COX1) from a member of the species.
See the BOLD taxonomy browser for more complete information about this specimen.
Other sequences that do not yet meet barcode criteria may also be available.
-- end --
Download FASTA File
Statistics of barcoding coverage: Opisthoteuthis depressa
Public Records: 1
Specimens with Barcodes: 1
Species With Barcodes: 1
EOL content is automatically assembled from many different content providers. As a result, from time to time you may find pages on EOL that are confusing.
To request an improvement, please leave a comment on the page. Thank you!


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JW Pet Cataction Rattle Ball Cat Toy
By JW Pet
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$3.81 (60%)
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There are almost too many cat-tastic toys in this ball for any one kitty to handle. Almost. The popular mini Hol-ee Roller rubber ball gets an update just for frisky cats, with tiny hexagon cutouts that let your little friend reach inside and bat a sparkling yarn ball filled with rattles. The Cataction Rattle Ball Cat Toy from JW Pet is sure to bring out the purr in every minute of play!
Key Benefits
- Tiny hexagon cutouts allow a large, sturdy bell inside for your cat to swat, attack and pounce
- Able to withstand tough play
- Enticing rattle sound with fast rolling action
- Stimulating and durable for an engaging and durable toy
- Provide hours of entertainment for cats of all ages
Item Number53411
Toy FeatureNoisemaking
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Customer Reviews
Rated 4 out of 5 by 21 reviewers.
Rated 5 out of 5 by HappyJacks9 I purchased it as gift It was perfect for a Christmas gift for the cat he absolutely loves it December 29, 2016
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Rated 1 out of 5 by Reenie Too big My kittens just ignore this ball...perhaps it's just too big? September 16, 2016
Rated 2 out of 5 by Princess54 Some appeal to cats. Our cats didn't care for it, maybe if it had a bell in it then they would have some interest in it. It was supposed to rattle and it didn't. July 27, 2016
Rated 4 out of 5 by Linda Nice product but...cats don't like This toy is nicely made, looks like it would've fun to play with but my cats ignore it. I will put away for now & bring out again in a few weeks to see if they e changed their minds. July 21, 2016
Rated 1 out of 5 by Sphynx81 "Popular toy" according to who? So far I've ordered 3 JW products in all, and have not been impressed by ANY of them. First off this ball is way too big. I know they specify the inches so it's more my fault than theirs I suppose. It's hard to imagine the actual product size ordering online. But I have 6 cats and it only attracted one, who tried to pick it up with the rubber part and was unsuccessful. He never touched it again. I have tried bouncing it around only a couple times to try to get their attention, but, even though they watched, weren't interested every time. And then I noticed today that the ball is falling apart already!!! Unraveling from the top! I just bought this! Thanks JW! 3 times the charm; I won't be buying any of your products again. January 1, 2015
Rated 3 out of 5 by PinkyIL A fine toy, just not a favorite for my boy! I like the size, just large enough not to get hung up under furniture, yet small & light enough to move easily in play. It also has just a faint rattling sound which is easy on the owner's ears as well as the pets I think! So far, my picky boy has not shown much interest,, but I would recommend it & think it's a fine toy! I hope he will get interested in it in the future? April 18, 2016
Rated 5 out of 5 by Yasmin Great product and awesome service I was not sure about the materials but they helped me and answered all my question from the get go. The lady from the chat was so friendly and understanding. Product arrived very quick, packaging was great too and quality was perfect so my cat and I are very happy =) April 25, 2016