Grand Duchy Of Luxembourg Enters The Asteroid Mining Business

Dr. Joseph P. Farrell
November 5, 2016

This article, shared by one of our regular readers here, Ms. M.W., I thought was very interesting, and while I was reading it, my mind was working overtime on high octane speculations for certain reasons, and I wonder if yours will as well, when you read it:

Planetary Resources and the Government of Luxembourg Announce €25 Million Investment and Cooperation Agreement

Now, as the article points out, the Grand Duchy of Luxembourg has a history of private-government cooperative ventures of this sort, and was instrumental, in some respects, in helping the privatized satellite industry – which we now take so for granted – get started in the 1960s. In this respect, there’s nothing new here, nor nothing so significant here. And in fact, I’ve blogged about this story before on this website, regarding the Grand Duchy’s intentions to get in on the space mining act; this story now adds a specific detail to that intention.

But there’s something else here – another possibility – that intrigues me, and provides some grist for the high octane speculation mill, for Luxembourg is, of course, also an international banking hub, in some respects rivaling more well-known Switzerland. Indeed, if one recalls the BCCI scandal (Band of Credit and Commerce International, or as we like to refer to it here, the Bank of Crooks and Criminals International) began to break in Europe, and Luxembourg was one of its key headquarters during its heyday. So when I see stories combining (1) space mining and (2) international banking hubs with (3) and association to one of the most notorious banking scandals of the last century, I begin to wonder if there might be a much deeper story lurking in the background here.

For some time, now, I’ve been watching what I believe to be a hidden system of finance – not a black budget but a completely hidden one – that was constructed prior, during, and most importantly after World War Two, consisting of the participation of prime banks, utilizing Axis loot, and moving all this money around via a strange network of hidden bonds trading networks and “bearer bonds” backed by various commodities, including bullion and drugs. It sounds strange and wild, I know, but that essentially is the hypothesis I came to after having researched the postwar activities of Fascists and western corporatists, globalists, and bankers. We’ve been given the occasional clue or hint of the existence of this network with the various bearer bonds scandals, and the occasional story of missing billions or trillions from the federal budget.

As a component of this hypothesis I have been arguing, both in books (Covert Wars and Breakaway Civilizations) and in conferences (The 2014 Secret Space Program Conference in San Mateo), that the participation of prime banks in this system was obtained by collateralizing space and whatever was out there, including any potential ancient technology. (Stop and ponder that one for a moment: for a long term agenda to recover such technology would be not only of interest to certain “families” with ancient roots, but the activity could be cloaked and indeed financed by corporations, foundations, and governments.)  Thus, this story could be viewed as yet another small confirmation of this basic structure and agenda.

But there’s another set of possibilities here, given the Grand Duchy’s role as an international banking hub, and for playing home to such institutions as BCCI. If one wanted to perpetuate such a hidden system, which doubtless has been of immense pecuniary benefit to the institutions involved in running and maintaining it, then one way to perpetuate and mask the system – and perhaps even launder more money – would be via a cloaking story such as space mining. Imagine this scenario for a moment in conjunction with…

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About Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

The Golden Triangle


Dean Henderson
August 9, 2016

(Excerpted from Chapter 2: Hong Kong Shanghaied: Big Oil & Their Bankers…)

Long before Roy Carlson’s Bank of America fronted the seed money to launch BCCI into the darker recesses of Pakistan, the Shah of Iran had been a major depositor at an equally nefarious bank based in Sydney, Australia, but with a far-flung network that spanned the globe.

As with his BCCI deposits, the Shah understood that his contributions Down Under were funding “black operations” for the CIA.  In fact, the Shah single-handedly bankrolled a very large chunk of the Vietnam War.

The Shah’s investment adviser was CIA agent Kent Crane.  Crane often flew from Tehran to Sydney with Rear Admiral Earl “Buddy” Yates.  Yates served as Chief of Policy and Planning for the entire Pacific Command during the Vietnam War.  He was a member of Naval Task Force-157 where he worked with Ted Shackley, Ed Wilson and the others who had set up shop in Tehran where they peddled arms to the Shah.  While Crane was flying petrodollars to Australia, Ed Wilson was flying the Shah’s deposits north to the Swiss branch of the same bank.  Just as Shackley & Company were arriving in Tehran, Yates jetted to Sydney to join the staff of Nugan Hand Bank.

Frank Nugan and Michael Hand founded Nugan Hand in 1969.  Nugan was a prominent Sydney businessman with all the right connections.  Hand was an American Green Beret and military intelligence officer who worked in Laos for Major General Richard Secord’s CIA opium courier Air America.  Ted Shackley and Tom Clines were the CIA’s top two officials in Laos at the time.  In 1976, Hand helped Secord, who was by then heading MAAG in Iran, to procure a spy vessel for the Iranian Navy.  Ten of the nineteen stockholders in Nugan Hand Bank worked with either Air America or Continental Services, a subsidiary of Continental Airlines and CIA contract airline in SE Asia.

Air America re-supplied the CIA-created Meo Army in Laos, which fought a proxy war for the US against the communist Pathet Lao, whom had overrun the Plain of Jars region in 1964.  Air America ferried weapons into remote Meo villages, then returned to its base at Long Tieng loaded with opium grown by the villagers.

Long Tieng was also the headquarters of General Vang Pao, who became the premier opium warlord in the Golden Triangle during the Vietnam War.  Later he would serve Chinese intelligence in the Balkanization of Vietnam, Cambodia and Laos.  By keeping these three nations in a permanent state of war both the Chinese and the Americans would benefit for many years.  Some speculate that this was a key feature of the détente signed by President Nixon and Chinese Premier Zhou En-lai, who had himself been the target of CIA assassination attempts after he helped organize the ground-breaking 1955 Bandung Conference of Third World leaders.

When the Pathet Lao prevailed, taking over the entire country of Laos, the CIA abruptly pulled out of the Plain of Jars, leaving tens of thousands of Meo villagers to be slaughtered, ala Kurdistan.  Buddy Yates of Nugan Hand Bank did manage to relocate 3,000 Meo to Grand Turk Island in the Caribbean.  But the relocation was hardly humanitarian in nature.  The CIA wanted a trained paramilitary force to guard the Turks & Caicos, which was to become an offshore banking center, an Enron partnership haven and an important transshipment point for Colombian cocaine.  In 1982 the Chief Minister of Turks & Caicos was arrested in Miami with two other key government officials on charges of conspiring to smuggle cocaine.

At Long Tieng CIA opium was transferred from Air America planes to Vang Pao’s private airline, Xieng Khouang Air Transport, which then flew the opium into the Laotian capital Vientiane.  Vang Pao’s airline was 100% funded by USAID.  Since 1959, the US had also been funding Laotian Cabinet Minister and outspoken right-wing General Phoumi Nosavan.  While Vang Pao handled the CIA’s Long Tieng opium, Nosavan and his partner, General Ouane Rattikone held a monopoly over the importation of Burmese Shan and Chinese Kuomintang opium into Laos.

The CIA had been meddling in Laos since the late 1950’s, first employing missionaries and Thai commandos to train and advise its surrogate Meo Army.  According to Edward Lansdale, former Kennedy Defense Department official, by 1959 the CIA had sent eight Green Beret units into Laos.  By 1963 a 100,000-man army had been assembled.

Highly decorated Green Beret Paul Withers said his most important task was to buy up the entire opium crop from certain villages in the region.  CIA operative Del Rosario worked for Continental Air Service.  He says that as late as 1971 Continental baggage coming out of Laos was marked either “rice” or “diverse”, the latter of which meant opium.  Rosario would get messages over the phone saying, “…the customer is here…keep an eye on the planes from Ban Houai Sai.  We’re sending some goods and somebody’s going to take care of it.  Nobody’s allowed to touch anything”.

The CIA set up a Special Operations Group (SOG) in Laos headed by Ted Shackley and Tom Clines.  SOG members included John Singlaub, Richard Secord, Watergate plumber Raphael Quintero, Nicaraguan contra handler Donald Gregg and a young Marine lieutenant named Oliver North.

SOG trained special Meo sparrow units which assassinated more than 100,000 civilians in Laos, Cambodia and Vietnam between 1966 and 1975.  SOG was the key component of Operation Phoenix, which was directly supervised by CIA Director Bill Colby and William Sullivan, later US Ambassador to Iran.  Operation Phoenix was funded through Vang Pao, Nosavan and Rattakone heroin sales, as were many of the CIA’s endeavors overseen by Colby, who moonlighted as legal and political adviser for Nugan Hand Bank and was the bank’s “branch manager” in Panama City.

Miami mobster Santos Trafficante followed the Shackley Operation Mongoose crew to SE Asia.  When Vang Pao’s opium reached Vientiane, it would be delivered to heroin labs set up in that city.  General Phoumi Nosavan’s Burmese opium arrived at these same refineries, which were run by General Ouane Rattikone, but owned by a more familiar entity.

When the Pathet Lao took the capital city they found that by far the largest of these labs doubled as the national bottling plant for Pepsi Cola.  The plant’s construction had been paid for by US taxpayers under a USAID program. The lawyer who landed this corporate welfare package for Pepsi was soon-to-be-President Richard Nixon.

From Vientiane, the heroin moved down the Ho Chi Minh Trail, where, according to New York Times reports, US-allied South Vietnamese Special Forces picked it up and flew it to military bases in Saigon.

Heroin traffic intensified in 1963 following the CIA-sponsored assassination of Vietnamese President Ngo Dien Diem and his brother Ngo Dinh Nhu.  Orchestrated by CIA operative Lucien Conein, the coup gave rise to a new Opium Monopoly led by US puppets General Nguyen Ngoc Loan and Premier Nguyen Cao Ky.

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