Things That Make You Go “Hmmmm…”: NASA And That Ten…

space2

Source: GizaDeathStar.com
Dr. Joseph P. Farrell
January 26, 2017

So many people sent me versions of this story that it is definitely one of those things that’s been “in the aether” this past week. And it really does take me back to elementary school, and learning my arithmetical “illions”, you know: million, billion, trillion, quadrillion, quintillion, sextillion, and so on. The idea of thinking in terms of amounts of money when connected to all those “illions” however, is something that they avoided (except in Congress when they’re spending everyone else’s money). But speaking of money, and all those “illions,” there may be a story behind this story, but that’s our high octane speculation of the day.

Here’s the story itself, in the UK’s Daily Mail tabloid financial apocalypse version:

Nasa plans to explore a $10,000 quadrillion asteroid that could cause the world’s economy to COLLAPSE

What concerns us here are these paragraphs(and by the way, lamestream media, didn’t your teachers teach you that normally paragraphs should be about three sentences in length?):

Psyche is one of the most mysterious objects in our solar system, and scientists could soon be getting a close-up view thanks to a newly confirmed Nasa mission.

If the asteroid could be transported back to Earth, the iron alone would be worth $10,000 quadrillion (£8,072 quadrillion).

Dr Elkins-Tanton has calculated that the iron in 16 Psyche alone, would be worth $10,000 quadrillion (£8,072 quadrillion).

Assuming the market for asteroid materials is on Earth, this could cause the value of precious metals to plummet, completely devaluing all holdings including those of Governments, and all companies involved in mining, distributing and trading such commodities.

Ultimately, it could lead to the collapse of the entire economy.

$10,000 quadrillion dollars. That’s  $10,000,000,000,000,000,000.00 for those of you writing the check.

Needless to say this has my high octane speculative gears turning in overtime, not the least because what sort of economic and fiscal models exist as precedents for such an influx of commodities from asteroid mining. We’ve certainly seen a spate of articles in previous years about mining celestial bodies, and a number of private space companies have begun on this premise, and the US Congress and the Grand Duchy of Luxembourg have passed laws stating that nations and corporations can own what they recover on celestial bodies. Thus, like it or not, sooner or later, celestial mining is coming. The question is, what effect will it have? We have no precedent in human history for such a sudden massive injection of commodities into the global economy. The closest example, perhaps, is the Spanish conquest of central and South America, and the sudden and massive injection of gold and silver bullion into the Spanish, and ultimately the European, economy.  And it was a harsh lesson: the sudden influx of financial wealth devastated Spanish production wealth, as inflation and high prices drove manufacturing out of Spain and into the Spanish Netherlands: the wealth remained concentrated at the top, and with the flight of production, the middle class collapsed. But even then, Spain was a more or less closed economic system. Would the same thing happen to the corporation or nation that accessed such wealth on celestial bodies? Or would it suddenly strike the entire global economy? And what would happen?

We really don’t know. And I am moreover intrigued to notice that with all the space mining talk, there haven’t been that many acknowledgements in the popular press of any studies that have addressed this issue.

But that’s not really even what’s at the center of my high octane speculative cogitations today. What’s really at the center of them is yet another of those “unusual coincidences” that one notices when one connects discrete and apparently completely unrelated dots. In this case, the dots in our pointillistic picture are the quadrillions of dollars worth of derivatives sloshing around on bank ledgers in our “system” of finance, the enormous amount of cash that is also sloshing around in the system as a result of central bank quantitative easing, and, of course, all that “stuff” out there in space just waiting for us to go and get. It has always struck me as extremely odd that while we were watching the financial meltdown of 2007-2008, the bailout hearings, and the massive derivatives fraud (again, in the quadrillions of dollars), that this same time period saw the beginning of all those articles on space mining, asteroid mining, and so on. It was as if all those people who were asking “if there’s seventeen quadrillion dollars of derivatives out there, which is several times the entire GDP of planet Earth, how are we possibly going to pay for it?” In other words, people were noticing the books simply didn’t balance at all.

Well, I’ve been maintaining for a long time the possibility that space was long ago secretly “collaterallized”, and that all that paper liquidity might not, in fact, be mere paper liquidity at all, but actually “backed” by something, like, the asteroid belt. In that admittedly high octane speculative financial universe (pun intended: think the South Sea Bubble here, only replace the Caribbean with outer space), the books might balance after all. One loan asteroid can balance out all those derivatives, and then some.

So I noticed, with some interest, not only the Goldman Sachs influx into the new Trump administration, but also noted he made space a priority in his inauguration address.

I don’t know about you, but all these things make me go “Hmmmm…”

See you on the flip side…

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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”.

More Space News: Grand Duchy Of Luxembourg Affirms Rights To Space…

 SPACE NEWS: NASA’S EM DRIVE PAPER SAYS IT WORKS, MUSK WANTS TO ...
Source:GizaDeathStar.com
Dr. Joseph P. Farrell
November 20, 2016

Just a couple of weeks ago I blogged about the Grand Duchy of Luxembourg’s attempts to position itself as a leader in space-mining finance. As I argued then, Luxembourg has long been an international banking hub, and hence its decision to move into this area is not surprising. As I averred in that previous blog, space is a perfect way to mask all sorts of financial chicanery, and a convenient way to launder money or profits by overstating, or understating, certain numbers on one’s ledger books. After all, to catch such dubious dealings, one has to literally go out there and put boots on the asteroids, so to speak, and “see for oneself”. It’s a perfect way, in short, to extend that hidden system of finance I’ve been talking about so much over the past few years. Not only was space perhaps “secretly collateralized,” but it provides virtually limitless opportunities for cooking the books: say “Space Mining and Widgets” claims to have found vast resources on an asteroid in X quadrillions of dollars. One really wouldn’t know if that was the case unless one went there and independently verified it, beyond the usual means of spectrographic analysis and so on. Such analysis, or space probes collecting soil samples and so on, would provide margins of error, of course, but within those margins it could be a veritable playground for clever “bookkeeping.” Physicists and chemists become “interplanetary assayers for hire”, so to speak.

Well, here’s another intriguing story that was shared by Ms. C, and you’ll note the dateline – Nov 13, 2016 – puts this story once again into that weird context of the American election and its aftermath, a temporal frame in which we’ve seen a variety of other space-related stories coming out, including those which I blogged about yesterday. This one, however, is another “whopper doozie”:

Space Mining: Luxembourg’s New Law To Give Private Companies Right To Outer Space Resources

You’ll note that the Grand Duchy is, in effect, attempting to follow what has already essentially been decided in the US, and to become the first European country – notably an international banking hub to boot – to grant ownership of resources extracted from near Earth objects like asteroids:

“The legal framework we put in place is perfectly in line with the Outer Space Treaty. Our law does not suggest to either establish or imply in any way sovereignty over a territory or over a celestial body. Only the appropriation of space resources is addressed in the legal framework,” Etienne Schneider, deputy prime minister and minister of the economy, said in an official announcement of the draft law.

According to Article 1 of the draft law, space resources are capable of being appropriated in accordance with international law. This makes Luxembourg the first European country to provide legal ownership of external space resources.

Of course, one can quibble about the niceties of international law and what does or does not constitute “sovereignty,” but the bottom line remains that is one is extracting resources from a piece of land on Earth or elsewhere, one is in essence asserting sovereignty. And this is a pattern, like I argued last week, that could equally be applied to the “East Indies” companies of yesteryear, which effectively extended British and Dutch sovereignty via corporate cut-outs to encompass empires that engulfed lands far from The Hague or London.

What I suspect this law does is to…

Continue Reading At: GizaDeathStar.com
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Profile photo of Joseph P. Farrell

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”.

 

Grand Duchy Of Luxembourg Enters The Asteroid Mining Business

Source: GizaDeathStar.com
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

http://www.planetaryresources.com/2016/11/planetary-resources-and-the-government-of-luxembourg-announce-e25-million-investment-and-cooperation-agreement/embed/#?secret=843Trwmrtg

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…

Continue Reading At: GizaDeathStar.com
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Profile photo of Joseph P. Farrell

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”.