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Weather Averages for Marrakesh in September
Averages for Marrakesh in September
Weather lowdown
September sees temperatures dip slightly compared to previous months but Marrakesh is still swelteringly hot.
The average daily temperature during the month of September hovers around 27 degrees Celsius. This includes a potential low of 20 degrees Celsius, which you can anticipate at night, and a high of up to 33 degrees Celsius. These high temperatures will likely be during the early afternoon but check the latest forecast to double check. Regardless of temperature, travellers can plan on eight hours of sunshine on any given day, ample time to explore the area. An average of ten millimetres of rain falls on the area throughout the month, usually concentrated over two days.
Dates for the diary
As Morocco is a Muslim nation, September is a very solemn month in Marrakesh. The country will be observing Ramadan, one of the most important holidays in the Muslim calendar. During the entire month, Muslims are required to fast during the day from sunrise to sunset. Moroccans will be abstaining from food and drink until the sunsets at which time they will eat to sustain themselves. Even if you do not practice Islam, being respectful and mindful of the locals' traditions cannot be recommended enough. On the positive side, this means that if you are dining during the day, you and other tourists would be the only ones vying for reservations.
The Imilchil Marriage Festival starts in the month of September. During this time in the village of Imilchil, local women enjoy music and dances during which they try to find their future husbands. More often than not, this festival is culminated by numerous marriages.
Ramadan lamp, Marrakesh in September.
Things to do
For those of you seeking some respite for the hectic pace of the main city, the Majorelle Garden is the best place to go. Designed by French painter Louis Majorelle over the course of forty years, the garden features a variety of plants and trees, as well as several ponds, fountains and art installations. It is heavily visited by tourists due to its lovely reputation. It will feel like a separate world from the busy streets of Marrakesh.
KiFKiF is a fashionable and locally run shop where every item is handmade by the owner, Stephanie. This little shop can be hard to find but it comes well-recommended by others in the area. KiFKiF sells jewellery, handbags, scarves, clothing and many other items that are sourced from local materials and made by hand. This shop is much more Western in manner, you won't be expected to haggle and there is much lower pressure to buy anything.
Unique and adventurous, the Moha Camino Berber Travel Company offers day excursions that aren't quite the usual. Although they were started by Spanish expatriates, they have grown to cater to tourists from numerous countries and have tour guides that are fluent in English. Moha offers a comfortable experience from beginning to end starting with a car that picks you up at your hotel and brings you to your destination. Their tours include trips into the desert, Atlas Mountains or throughout Marrakesh and smaller villages.
Majorelle Garden, a seperate world from the busy streets of Marrakesh.
Where to eat & drink
While Morocco is a Muslim country and most citizens do not drink, there are some establishments throughout to enjoy a cocktail. The Royal Mansour Bar is one of these rare establishments and is located in a luxury hotel within the city. The hotel is fantastically decorated and the bar is no different. Because it is a part of an expensive hotel, this bar will cost you for a drink. But, since you are on holiday, maybe a celebratory cocktail or pint may be in order.
Catering to a wide variety of tastes, the Souk Kafe has a menu filled with Moroccan classics, steaks and even vegetarian options. In a city that is dominated by tagines, Souk Kafe is a popular choice with tourists who want a little bit of everything. There is dining space on their rooftop terrace but it requires a walk up numerous steep steps to get to it. Once on the rooftop however, there are spectacular views of Marrakesh's minarets.
Rooftop views at the Souk Kafe, Marrakesh.
Where to stay
There is no shortage of budget hotels in Marrakesh and the trick is finding the excellent options. The Riad l'Oiseau du Paradis is one of those options. This hotel has many floors of rooms, which vary in noise exposure from the outside streets. The rooms are comfortably decorated and outfitted for your comfort. One thing to note is that the hotel has housed cats and kittens in the past. If you are allergic to cats, double check with the staff before booking to make sure you won't be bothered while on holiday. Another watch out, this riad is run by a French speaker with limited English.
A beautiful and affordable hotel option is the Riad Bahia. This well-kept hotel is complete with many comfortable rooms with large windows that overlook the interior courtyard. No windows face out to the streets, which can be a benefit as it means the nights are quieter. One thing to be mindful of is that this hotel is rather hard to get to. While that means you'll have peaceful nights, it will be harder to find on foot, especially if you are carrying ample luggage.
Stunning without an exorbitant price tag, the Taj Palace Marrakech has traditional yet minimalistic style. This hotel is quite large compared to others in the area. The large lobby with chandeliers welcome guests to one of its 161 rooms. There is a spa on the grounds that offer yoga, meditations and other traditional therapies.
One of the less frequented hotels, the Riad Maison Belbaraka is still one of the best hotel values in the city. The simple yet comfortable rooms have free high-speed internet and a peaceful reprieve from the busy Moroccan streets.
Traditional in design, the Riad Tzarra is an undeniably Moroccan hotel. This quiet hotel attracts mature travellers who want peaceful rest while on holiday. This riad only has four rooms so there will be few others using the hotel bar, restaurant and swimming pool while you may be there.
Moroccan Arabic designed furnishings at the Riad Tzarra hotel, Marrakesh.
September events in Marrakesh
Permanent Collection
15th September 2015 to 31st December 2015
The Marrakech Museum for Photography and Visual Arts is celebrating its one year anniversary with a three and a half month exhibition of brand new photographs that have not been seen by the public before and also older photographs that are well known and loved.
Imichil Marriage Festival
22nd September 2015 to 24th September 2015
This festival celebrates the herders that have returned home after the summer of grazing but it is also a match making festival where unmarried members of tribes meet other unmarried members and get to freely choose who they want to marry. This all takes place in Imilchil in the Atlas Mountains near Marrakech. The festival is a great way to experience and gain knowledge of their Berber culture including music and dance.


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The First Nations Parents Club was created to acknowledge and support the key role of parents in ensuring educational success for their children. It provides parents with information, support, and rewards for their efforts. This initiative involves the organization of locally-based Parents Clubs in First Nations communities in British Columbia (BC), with support materials such as newsletters, incentive gifts, and parenting materials and resources supplied by the First Nations Schools Association (FNSA). Click here for information on starting your own club or click here to see if there is a First Nations Parents Club in your community.
Parent Club Grants
For those who received a First Nations Parents Club grant, here is the 2013-2014 Parent Club Final Report Template. Due March 31, 2014.
Conference News
We held our bi-annual First Nations Parents Club Conference on Jan. 31-Feb. 1, 2013 at the Radisson Hotel Vancouver Airport, Richmond, in partnership with the Moricetown Parents Club. Featuring keynote speakers Dr. Martin Brokenleg and Dr. Lorna Williams! Thank you for your participation!
Update your Club membership here.
Video: Keynote address by Dr. Lorna Williams

subset: commoncrawl


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The city's Inspectional Services Department said today that it has extended the deadline for property owners to register their rental units with the city. The deadline, originally set for today, is now Aug. 31, 2013. A new city ordinance requires the annual registration of all private rental units and inspection of all "non-exempt" rental units to be conducted once every five years. The extension is intended "to accommodate some property owners" who have not yet registered.
Property owners can register their rental units online here [1]. Property owners that do not have to a computer can pick up an application (paper form) from the ISD at Mass Ave., Boston 5th flr. or call to request to receive an application in the mail.
For more information or questions regarding the ordinance call 617-635-1010.


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When Humphrey hears that school is ending, he can't believe his ears. What's a classroom hamster to do if there's no more school? It turns out that Mrs. Brisbane has planned something thrilling for Humphrey and Og the frog: they're going to Camp Happy Hollow with Ms. Mac and lots of the kids from Room 26! Camp is full of FUN-FUN-FUN new experiences, but it's also a little scary. There are fur-raising wild sounds and smells, and there's something called the Howler to watch out for. Humphrey is always curious about new adventures, but could camp be too wild even for him?
Part of a series.
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Colonial Beach motel residents facing eviction
The 36 residents of the Beachgate Inn in Colonial Beach could be homeless after Jan. 3 due to significant problems with the motel that make it unsafe to live there.
After a car ran into the building last week, killing a resident and causing significant damage to the building, the town building inspector and a state fire marshal inspected the structure and found a "dangerous situation" with the wiring, said Town Mayor-elect Mike Ham.
Because of those issues, the building is considered a fire danger and unsafe to live in, Ham said.
An affidavit from the state fire marshal identifies several significant concerns regarding the conditions of the motel, which is located at 800 Colonial Ave.
Among issues cited are:
Loose electrical connections and damaged conduits.
A worn and unsecured main electrical feed into the building.
Electrical outlets in rooms that are wired incorrectly or are improperly grounded.
The "pervasive use" of household extension cords that are covered with combustible material such as clothing.
Use of appliances, such as full-size refrigerators, large-screen televisions and various cooking items that "far exceed" the electrical load for a room.
Portable, battery-operated smoke detectors that are easily removable at any time.
"There is a high risk of the potential for fire due to the electrical hazards and this risk is heightened by the use of this facility for residential (sleeping) purposes," fire marshal Timothy Ritchey said in the affidavit.
Because it is unsafe, the residents can no longer stay there. And many say they have no place to go.
One woman said Tuesday she has lived in the motel since September with her husband and four children and doesn't know what they will do next week when they are forced to leave.
Town Councilman Tim Curtin has been working with building owner Douglas Simms, along with Ham and other town officials to deal with the situation.
Ham said the town worked out an agreement with Simms on Friday that the notice to leave would not be posted until Dec. 27, giving tenants until then to get their affairs in order. The agreement said there would be a 24-hour fire watch, paid for by Simms, until then.
A fire watch essentially involves fire officials completing frequent inspections of the building to make sure there is no threat of fire.
But Curtin said Simms told the contractor who was doing the fire watch, Northern Neck Builders, to stop at 2 a.m. Monday, which would have forced the residents to be out the morning of Christmas Eve because there was no longer a fire watch.
Simms could not be reached for comment.
So Sunday morning, the town council held an emergency meeting and authorized payment of up to $4,000 to extend the fire watch until Jan. 3.
Curtin said they picked Jan. 3 because it will give the residents time to get in touch with social services and nonprofit agencies after the holidays.
"We couldn't choose to ignore this because of the timing, but we could try to figure out a way to lessen the blow," Curtin said.
Ham said it costs $650 per day for the fire watch.
To offset the cost of the fire watch, town council members and members of the town's volunteer fire department will take shifts, Ham said.
"If it wasn't for Colonial Beach, we wouldn't have had a Christmas," one tenant said on Christmas Day.
Ham said the problems with the wiring were found only because of the crash last Friday, but added the building has deteriorated over the years.
Ham said Simms has said he will go in and fix the problems.
Curtin said from the building inspector's report and the appearance of the building, there are issues.
"I'm concerned about the future of the building, period," Curtin said. "I'm beginning to wonder whether the building can be permitted to exist in the future, whether it will just end up coming down."
Some residents interviewed Tuesday said their rent, which is paid by either the week or the month, was collected before they were told they had to leave.
The rental rates vary—some say they pay $150 per week or $500 per month for a room with one bed, and some say they pay $160 per week for a room with two beds or $600 per month, residents said.
Mike Howard and Kyle Payne have lived at the motel for about two months.
Payne said he moved to Colonial Beach from Fredericksburg because it's cheaper.
A tenant who asked not to be named out of fear of early eviction said a lot of people who live at the motel are there because they have no place else to go.
"Fredericksburg is too expensive," Payne agreed. "I moved here because it's all I can afford."
Another tenant, who also asked not to be identified, described the tenants as maintaining a family-like atmosphere, and said they all help one another out. They even had a Thanksgiving meal together outside the motel.
One resident said that in the two years her family has lived in the motel, they have not caused problems—they paid their rent on time, and pitched in with money out of their own pockets to garden and make a play area for the children who live there.
She defended the little community.
"It's actually hardworking people, not a bunch of bums," she said.
One reason she is afraid of moving is that she doesn't know where her daughter will attend school.
The family doesn't know where they'll go yet, she said, but they have started packing.
Robyn Sidersky 540/374-5413
Anyone interested in helping the Beachgate Inn residents should contact Tim Curtin at tcurtin@colonialbeachva .net!
Permalink: http://news.fredericksburg.com/newsdesk/2012/12/25/colonial-beach-motel-residents-facing-eviction/


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16 May 2012
Photo: Getty Images
England Women's Sevens Head Coach Barry Maddocks has called up Sarah McKenna and Kate Hancock to the England squad to compete in the Amsterdam Sevens this weekend.
Wasps' McKenna was part of the squad that lifted the IRB Challenge Cup Sevens at Twickenham Stadium last weekend, while Kate Hancock is a newcomer to the squad. Hancock has progressed through the RFUW Divisional Programme and the RFUW Sevens Development Squad.
McKenna and Hancock replace Heather Fisher and Kay Wilson who both picked up injuries at the weekend. Saracens' Sonia Green will captain the side, taking over the captaincy armband from Wasps' Michaela Staniford, who is being rested for this tournament.
Also new to the England squad are Wasps' Natasha Brennan and Bristol's Katie Mason. The duo join a line-up mixed with experience and youth. The likes of Jenny Brightmore and Emily Scott will also be looking to build on their experiences with England in Dubai.
12 international teams will compete for the coveted Amsterdam Sevens crown and England will face the USA, South Africa and Wales in Pool A. Pool B pits Canada, Spain, France and newcomers Ireland against each other, with the final pool seeing the hosts take on Australia, Germany and Scotland.
Maddocks said: "It is obviously frustrating for both Heather and Kay that they have been ruled out through injury, but in Sarah and Kate we have two exciting young players. Sarah put in another good performance at Twickenham at the weekend while Kate has proved herself in the RFUW Sevens Development Squad and also impressed at the recent RFUW Open Sevens Trials.
"This is a very different looking squad to the team that won in London, but it is important that we use our wide pool of players and develop our squad as much as possible ahead of the Rugby World Cup Sevens next year."
Abigail Chamberlain (Richmond)
Natasha Brennan (Wasps)
Jennifer Brightmore (Worcester)
Rachael Burford (Richmond)
Sonia Green (C) (Saracens)
Kate Hancock (Plymouth Albion (on loan to Worcester))
Natasha Hunt (Lichfield)
Katie Mason (Bristol)
Sarah McKenna (Wasps)
Alice Richardson (Richmond)
Leanne Riley (Saracens)
Emily Scott (Thurrock)


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Will BADMASH COMPANY be a good movie
Asked by My God, 02 Apr '10 08:02 am
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Answers (1)
Yash Raj Films titled next film directed by Parmeet Sethi Badmaash Company. The film stars Shahid Kapoor and Anushka Sharma, who are certainly a pair to watch out for. They are supported by Meiyang Chang and Vir Das. Badmaash Company is an extraordinary story set in the 90's, where in middle class of Mumbai, four young friends get together to start a company. Their business is an instant hit because they find a way to beat the system. By doing all the wrong things... the right way! The music of the film has been composed by Pritam and the film is slated to release on May 7, 2010.Answered by Deepak Joshi, 02 Apr '10 08:20 am
It will be an interesting watch.
It will be an interesting watch.
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Tag: sixpoint craft ales
Jun 27th, 2010
Introducing Lunch at Sixpoint, where I'm cooking from now
So, last week, I launched a new site to start off a new chapter in my writing about food. Have you seen it yet? It's called Lunch at Sixpoint, and it'll cover gardening and growing food as well as cooking it at home. Or, not exactly at home. At the office kitchen of Sixpoint Craft Ales, a brewery in Brooklyn that was founded by my boyfriend. Lunches at Sixpoint began as a casual, occasional affair -- I'd be at the brewery, helping out in the fledgling rooftop garden or doing some other work, and I'd make lunch. And share it with everyone. Sandwiches, stuffed with a smorgasbord of fillings set out on the long table, or pizzas baked in the oven with a smattering of toppings like a newly cracked egg from the chicken coop that morning. It was fun for me, as getting to cook for a hungry audience always has been. And it was fun for everyone who got to eat. It was also more efficient, having someone making healthy, nutritious and hopefully yummy meals for the group, with all the food grown right on the roof.
Introducing Lunch at Sixpoint, where I'm cooking from now
May 4th, 2010
Coffee Beer-Braised Short Ribs with Couscous
I know it's suddenly summer in the city, and yesterday's humidity prompted some to rev up the A/C already. But, like less fortunate others, I've come down with a rare case of spring allergies and can't tell you how many times I've sneezed this morning. My inner food forecast told me it was time for some animal protein. Moo, you flexitarian, tea-drinking weakling!
Coffee Beer-Braised Short Ribs with Couscous
Apr 13th, 2010
Sourdough & Spent Grain Bread
Behold a new era of bread-baking. Since hearing so many success stories about no-knead bread in the aftermath of publishing
The Art of Eating In
(which included a recipe for a parmesan peppercorn version), I've rekindled a passion for the home-baked loaf. While the no-knead method liberated the baker from spending much time and effort, my current bout of baking pride involves the least amount of ingredients that need to be purchased. As long as you're handy with what's around.
Sourdough & Spent Grain Bread
Feb 25th, 2010
Week of Eating In Day Three: Making Time for Lunch
Getting into the midst of the Week of Eating In, I figured it was time for a good gathering over (homemade) grub again. As I discussed in
The Art of Eating In
, everyone can use some time in the middle of their day to relax, sit down and eat. Especially with your friends, fellow workers or family. Just like we all need to sleep, this communal time is restorative and constructive in many ways, even if it's not a business or "power lunch."
Week of Eating In Day Three: Making Time for Lunch
Feb 3rd, 2010
Compete with Crostini at my Book Launch Party! (and everyone wins books)
Guys, I'm almost due. On February 18th, this blog will give birth to numerous identical hardcover books, each named
The Art of Eating In: How I Learned to Stop Spending and Love the Stove
. Published by Gotham/Penguin, it's my first book, a memoir of the two years I spent eating in, solely, all the while trying to keep a somewhat normal life, a paying, nine-to-five job, a boyfriend, social engagements, etc. It didn't turn out being so normal in the end, but what I ended up losing (jobs, boyfriends) over those years was miniscule compared to what I gained from learning to appreciate everything about making meals from scratch, on a daily basis. It's my requiem to an unconventional urban lifestyle, and all the characters and experiences I encountered while not eating out and blogging about it. The book has nothing rehashed from this blog, but let's just say that it shares the same genes.
Compete with Crostini at my Book Launch Party! (and everyone wins books)
Oct 13th, 2009
Support Urban Farming at Roberta's Pizza Tonight
On Friday, as I sat in the converted shipping container outside of Roberta's Pizza that's home to Heritage Radio Network preparing for the first Cheap Date episode with my guests Keith and Rachel, we were interrupted by a series of loud, clanking noises coming from the roof above. "Can they stop farming now?" I think I muttered. But really, it was music to my ears. There is more than a tree growing in Brooklyn, or for that matter, cities all over: a bonafide agricultural movement. And it was happening above our heads on the rooftop garden of Roberta's Pizza that day, as well as at farms, community gardens and backyards throughout the city. Tonight, Roberta's Pizza is holding a celebration of all that, as well as what more can come. You're welcome to come join the party, the dialogue, the movement -- and with your contribution to a new rooftop farm next spring, one of the most delicious feasts I have ever heard of.
Support Urban Farming at Roberta's Pizza Tonight
Jul 2nd, 2009
It's a Slow Food Grill-Off at the Water Taxi Beach
To the BBQ and cook-off nation: A call to tongs! Slow Food NYC and The Good Beer Seal are hosting a benefit grill-off at Harry's Water Taxi Beach Long Island City on July 21st, 6-9pm. This event is all about location, location, location: instead of focusing on a certain ingredient or dish, cook-off contestants must use locally-sourced foods and be prepared to tell which farms they got their grub from. There'll be more food to go around than theirs, too, with chefs from Fette Sau, Fatty Cue, Rub BBQ, Gusto and Jimmy's No. 43 serving feasts from local farms. The event is the crown jewel of Good Beer Month, just declared of July by the mayor himself. So Sixpoint Craft Ales will be sold to the masses along with the regular potions at the Water Taxi Beach bar. With numerous organizations participating, rivers of beer, beats by Finger on the Pulse, and twenty amateur chefs vying for the favor of food-celebrity judges, it'll be a locavore luau like none other, and quite possibly the cook-off to end all cook-offs (just kidding!). All proceeds from the event benefit Slow Food NYC, and it's $35 to get in and eat all you can. Get your tickets now.
It's a Slow Food Grill-Off at the Water Taxi Beach
© 2014 Cathy Erway. All rights reserved.


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Mother Nature cooperated with sunny skies on the day that Assemblyman Thomas DiNapoli, Democratic candidate for Nassau County executive, met with environmental advocates, supporters, press and a curious Canada goose at the Roslyn Duck Pond in the newly named Gerry Park to announce his "environmental agenda for 2001 and beyond."
Town of Oyster Bay Supervisor John Venditto announced the creation of the Traveling Town Hall in March and the mobile facility, that has the ability to bring information and assistance directly to residents in their home communities, began making stops at preset destinations throughout the Town of Oyster Bay last week.
The Gaines Berland A's defeated the Body Worx Yankees on opening day of the Jericho Sixth-Grade Boys Baseball League by the score of 19-5. David Ackerman went the distance for the Gaines Berland A's and pitched brilliantly, while recording eight strikeouts. Max Rosenberg started for the Body Worx Yankees and also pitched great. Rosenberg was relieved by Josh Besserman, Ben Davis and Anthony Valente, all of whom had solid efforts.
The Jericho 3rd and 4th grade travel lacrosse team has opened its season with a very encouraging start. Although the first three games were losses, the team shows great promise to be highly competitive through the remaining five games.
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601 Clark Ave
St. Louis, MO 63102
Category: Attractions and Amusement Parks
Region: St. Louis - Downtown
Beer is to St. Louis what a certain fizzy libation is to the Champagne province of France. It's the cultural and commercial bedrock of our town, and it deserves to be honored and celebrated -- which is why the Saint Louis Brewers Heritage Festival opens its taps. The sudsy extravaganza returns for its sixth appearance, and this year's is bigger than ever: Attendees will be able to sample over 75 beers from more than fifteen local breweries. A $30 advance ticket ($35 the day of the event) includes commemorative glassware -- yours to keep -- that you'll use to sample unlimited brewskis to your heart's content. Along with a veritable ocean of the good carbonated stuff, you'll also receive chats and education from our local brewers large and small, live music and gourmet food (but at extra charge for the latter). The festival kicks off today from 5 to 9 p.m. and continues all weekend at Ballpark Village (Broadway and Poplar Street) -- rain or shine -- under one massive tent. For more information, visit www.stlbrewfest.com.
June 15-17, 2012


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My Blog
Whistleblower - Gold & Silver Smash Orchestrated By The BIS
Today whistleblower Andrew Maguire told King World News that that the Bank for International Settlements (BIS) orchestrated this latest takedown in gold and silver. Maguire also stated there is now a major dislocation in the gold and silver markets that is about to blow up. This is the second in a series of interviews with Maguire lifting the curtain on what is going on behind the scenes in the ongoing gold and silver war which continues to rage. Below is Part II of Maguire's extraordinary interview.
Whistleblower Andrew Maguire: "The gold and silver markets have become virtual markets. There is no physical aspect, essentially, to the way they trade on an intraday basis. Extremely large volumes of synthetic supply are just created and exchanged. That's primarily through the bullion banks, which also have exposure to the physical market, and the managed money and the specs.
So when you look at the COMEX, it's not a delivery market. It's actually no more than a casino. The price of real physical gold in the actual world markets is, by default, set at the margin because of this incredible leverage. It bears absolutely no relationship to the real, unleveraged supply/demand fundamentals.
But here is what we are actually witnessing now: This dislocation is about to blow up....
Continue reading the interview with whistleblower Andrew Maguire below...
To hear which two companies are merging into a gold powerhouse with nearly 10 million ounces of gold and why it has attracted BlackRock, JP Morgan, Van Eck & Sprott
Asset Management as major shareholders click on the logo below:
"The bullion banks, they've created this controlling level of position concentration. So they can really control the flow of what we call the 'chips' in this casino.
This short-term profit activity over the years has actually created a major, unsustainable divergence between these two markets. These banks are actually fighting a losing battle. They simply cannot control the underlying physical market. All you have to do is just pull up a weekly chart of gold or silver and you are going to see a steady, multi-year, solid rise in precious metals prices. That's against all currencies, not just the dollar.
Think about it -- that (rise) was even before China moved in to buy gold in the thousands of tons. It's really simple: Gold is the anti-dollar. You have to understand the motivation of Western central banks, why they would want to assist with the debasement (manipulation lower) of gold and silver prices. It's the global 'anti-fiat currency.'
So they (Western central banks and governments) are very happy to allow the bullion banks to act as their agents and control the paper markets. Think about it, Eric: Less than three weeks ago we were on the verge of breaking out above $1,700 on gold and $32.50 on silver.
A breach of that area would have tripped off very large short stops. There also would have been very large sideline orders (entering the market). This is money on the sidelines waiting for $1,700 to be breached. We were at the point of breaking out, and that was a razor's-edge problem (for the manipulators). That would have accelerated gold to new all-time highs had we broken through that ($1,700+) level (with conviction).
The physical market was on fire, (we had) real-time shortages, huge Asian demand, premiums through the roof. Then someone had the audacity in that COMEX casino to tender for 18 tons of gold fully paid. At that point they (manipulators) had a problem.
Naked shorting is going on there (on the COMEX by bullion banks), and you had this 'perfect storm.' Something had to be done. Anyone close to the physical market knows that the takedown footprints lead directly to the Bank for International Settlements (BIS). This is the central banks of central banks."
KWN has now released the audio and all three parts of the Maguire writtens interviews. You can read the written interviews by CLICKING HERE. You can listen to the eagerly anticipated audio interview by CLICKING HERE.
This is the second in a series of interviews with Maguire lifting the curtain on what is going on behind the scenes in the gold and silver war. The write-ups are only a small portion of what Maguire had to say in his extraordinary audio interview.
© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the blog page is permitted and encouraged.
The interviews with Andrew Maguire, Marc Faber, James Turk, Bill Fleckenstein, Egon von Greyerz, Felix Zulauf, John Hathaway, Gerald Celente and Eric Sprott are available now. Also, be sure to listen to the other recent KWN interviews which included Art Cashin, MEP Nigel Farage, Michael Belkin and James Dines by CLICKING HERE.
Eric King
© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast,
rewritten, or redistributed. However, linking directly to the blog page is permitted and encouraged.
February 22, 2013


text:
I came across this article from Omaha.com about a maned named Jack Gsantner, who was a small-town billing clerk who managed to build an economic engine and keep it a secret from everyone in town. This case is interesting to me as it is a great example of so-called "stealth wealth", as Jack Gsantner always drove around in an old car, drank cheap beer, and stocked up on toilet paper in bulk.
In total he had $5.28 million of assets. He could have had $17,600 (pre-tax) deposited into his checking account per month and not run out of money, even under a depression-like scenario. He was, apparently, very frugal and did not spend much of it, drawing criticism from some of the comments.
Craig Smith: "'How to be rich and not enjoy it' – By Jack Gsantner"
Nancy Jacobs: "This is sad. His wife deserved better than her remains in a jar and probably rarely having a new dress in 55 years."
If they were able to afford everything they wanted (they were), then who are you to judge that they aren't living life enough (a.k.a. spending enough) or that they are deprived. Perhaps they were using their surplus making anonymous donations around the community as an investment in the future. The gem of the article, which really prompted me to cover it, was this:
But Kyes, a retired airline sales representative, said he'll never forget his cousin. He spent $120,000 of the roughly $325,000 he inherited to buy a speedy new luxury car: a glacier-white Audi A8.
Wowza. Briefly viewing some estimates of salaries for airline sales reps, it appears a generous estimate for what this guy pulls down is they earn around $40k a year. His portion of the inheritance could have provided him with around $13k a year of income.
Instead he spent over 2/3 of it on a shiny brand new car. Using a low rate of depreciation from money-zine, over 8 years he will pay $76k in depreciation. His car would cost me $150/month more than my current car in insurance, or $1.8k a year x 8 years = ~$15k insurance. He also lost out on over $71,000 of gains he could have made on the invested money. That's about $20,000 per year of expenses over 8 years.
For a holistic estimate, MotorTrend estimates the following cumulative expenses over 5 years:
$4.5 – maintenance
$1.8 – repairs
$16.3 – fuel
$82.8 – depreciation
$19 – insurance
$25k a year total
Presumably he invests the other $200k making 4% withdrawals of $8k a year. Of the 8k, 25% is going to increased insurance for the car. 15% goes to maintenance and repairs. 20% goes to taxes. That leaves him with a pitiful $200 a month net allowance from his inheritance.
Plus his perceived enjoyment of the car.
If he is already set for retirement, fine. If he had saved $4k/year (10% of his salary) for 45 years and made 6% annually after-tax, he could have around $850k, which produces maybe $34k of income. (I'm going to go out on a limb and say I doubt it). He could have increased his monthly income by 38% or more.
Instead he bought a depreciating asset (a car that does the same damn thing every other car does) that will cost him much of the inheritance.
Maybe its worth it to him. You have to decide for yourself, but you should know the true costs.