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 overtstating, or udnerstating, 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 confirm my speculations from last week, namely, that the Grand Duchy is positioning itself, and being positioned by the powers-that-be in Europe (think France and Germany chiefly) to be the point-country for European involvement in the space-commercialization and collateralization rush.

And that's might convenient, given the current problems of the euro (just as it's mighty conventient for the current problems of the dollar). In effect, folks, I am suggesting we're watching the roll-out of the "space dollar" and the "space-euro/D-mark" as the petro-based currencies like the petro-dollar are being phased out. It's the space-race versus the Chinese silk-road race...

And that means the dollar's reserve currency status isn't going to go completely south any time soon.

See you on the flip side...

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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".


  1. LSM on November 21, 2016 at 4:14 pm

    I’ve stated it before and I’ll state it again: I’m certainly no match for Dr. Farrell’s research but I’ve always felt instinctively after feeling the EVIL I sensed in the few times I’ve visited/worked in Luxembourg that a major player in world events (like start with some world influence) is the tiny country of Luxembourg, long before Dr. Farrell even ever mentioned this country as being a possible player; I was there experiencing this country (I have good instincts) long before Dr. Farrell began his research- I was 28/29 yrs. old back then but was sensing at that time something is not right here-

    all the “action” on this planet is being dictated by the tiniest countries in Europe such as Switzerland, Switzerland’s protectorate Liechtenstein and (the most unlikely but probably biggest dark horse) Luxembourg- and should we rule-out Hapsburg Austria?-

    if one has read Peter Levenda’s “The Hitler Legacy” infamous Austrian politician Jörg Haider (now dead- was most probably murdered) was laundering funds from Khaddaffi/S. Hussein that disappeard into blind accounts in Liechtenstein- so how many funds from others flowed into the sleepy country of Luxembourg?-

    just as an aside, my French friends in the Alsace have told me (according to French media) the Luxembourg royals are finding it difficult to find servants; they supposedly treat their hired help so awfully they’re finding it difficult to find anyone who will work for them-

    am just throwing out ideas-

    be well all-

    Larry in Germany

    • goshawks on November 21, 2016 at 9:59 pm

      LSM/Larry, thanks for the on-the-ground commentary. I am a firm believer that we are more than ‘meat sausages’. We have great potential that is mostly-unused at this time. In my opinion, you were using some of those ‘dormant’ faculties when you had those creepy feelings. (Congratulations!)

      The countries you mention, as I said below, should not exist. They should have been swallowed-up by larger, predatory nations along the way. There is the common-sense answer that they are only hidden-finance hubs. There is also the possibility that (literal) negative forces have ‘gone to ground’ there…

      • goshawks on November 22, 2016 at 12:15 am

        Benjamin Fulford (yeah, I know) “Hungary, the UK, the US, Bulgaria, Moldova free from Khazarian control; Austria, Italy, South Korea next”
        Posted on 2016/11/21:

        “In any case, judging from the 2017 occult cover of the Rothschild and P2 Freemason Agnelli family-owned ‘The Economist’, the bloodline families are in a state of confusion. The cover is called ‘Planet Trump’ and features Tarot Cards.

        Here is this writer’s first stab and what it means: The first card, called “The Tower,” shows the Catholic Church being split between its communist and traditional Christian factions.

        The second, called “Judgement” shows Donald Trump holding the symbols of power, meaning most likely they expect a Nuremberg type tribunal to be convened when he assumes office.

        The third, called “The World” shows symbols of the gnostic Illuminati, the family-owned central banks and monotheism unified under what appears to be a moon god. Above them are what appear to be Maria (the Goddess Isis), the holy book and the sun god. It seems they think the world will be unified under these symbols.

        The fourth called “The Hermit” shows North America leading a populist movement against TPP, TTIP and the EU, indicating they have gone against their “globalist” agenda.

        The fifth, called “Death,” shows plagues, tsunamis, fish die-offs, nuclear weapons and crop failures and is probably meant as a threat by the bloodline families to unleash these calamities if they are cornered.

        The sixth, called “The Magician,” seems to indicate they expect 3D printing and virtual reality to be the biggest high tech trends of the year.

        The seventh, called the “Wheel of Fortune” shows a smiling Marine Le Pen and a frowning Angela Merkel waiting for the results of elections indicating they expect Le Pen to win and Merkel to lose. This writer could not identify the third person.

        The final one, “The Star,” seems to show pictures of pop culture personalities who will have strong financial backing during the year. The only one this pop culture knowledge deficient writer could identify appears to be Lady Gaga.”

        • LSM on November 22, 2016 at 2:15 pm

          many thanks for your comment to my posting-

          as I try not to throw babies out with bathwaters I think much of what Fulford states could possibly be true, but with some reservations on my part; in the past much of what he predicted actually came to pass but much of it didn’t-

          but I think the Economist cover is yet again more proof that the occult plays a major role in the world of geopolitics and much of this is mirrored in the entertainment industry-

          be well! Larry 🙂

    • goshawks on November 21, 2016 at 11:51 pm

      “The Economist” magazine just came out with its ‘The World in 2017’ cover. It features Tarot Cards this year…

      Concerning your post, one blogger reported:
      “The 3rd person on the ‘Wheel of Fortune’ card appears to be the Xavier Bettel Prime Minister of Luxembourg…”
      Comment by littledogg on November 21, 2016 @ 10:09 pm

  2. MDC on November 21, 2016 at 2:24 am

    This all might become a problem if the landlord shows up…

  3. goshawks on November 21, 2016 at 1:41 am

    Robert, as you seem to be the premier ‘bot magnet’ on this site, I might propose an experiment:

    Rather than posting from the computer or smartphone you usually use, go to a random site (library, etc.) and post using their equipment and location. See if you get moderated with your usual ‘style’…

    If not moderated , that would pin it down to ‘the system’ rather than local issues. You are ‘known’ and flagged or botted…

    If moderation continues, you could do the above, plus ALSO establish a new account under another nom-de-plume (from another NEW random location). If the moderation stays high, the moderation is ‘local’…

    • Robert Barricklow on November 21, 2016 at 12:03 pm

      We all get our share of being botanized.
      Some more than other and some scream more than other[that would be me]. What I especially hate about it is that sites must do this, as it has become a necessary part of doing business. In other words, part of the control grid of the infamous corporatized ro[bot] program to consume the living Earth/money seeking robots determine our shared future; robots for which life is nothing more than a commodity, which are, in fact, eroding Earth’s capacity to support human life.
      A sign of the elitist control grid that symbolizes …

      • Robert Barricklow on November 21, 2016 at 12:07 pm

        “our” times.
        [So before I quote, or spell out PKD, or other naughty words; I must hit reply, or chance being botanized.]

        • Robert Barricklow on November 21, 2016 at 12:17 pm

          And while I’m at it/The Facebooks of the world uses people. It sucks them in, exposes them and puts them at risk – all for the sake of money.

  4. goshawks on November 21, 2016 at 12:33 am

    Thoughts brought up:

    On the broadest front, what is causing this legalistic ‘run’ for space? I could see this as fitting-in with the “Disclose by this date, or we will do it for you” camp. When the bovine excreta hits the windmill around this issue, it would be good to have your ‘framework’ solidly in place. In one way, it is the ‘power insiders’ saying “we will not go gently into the night…”

    Part of the rationale of setting-up a framework for futuristic “East Indies” companies is that they are ‘immune’ to the ethics (such that they are) of nation states. One sees that in all sorts of SF movies and television shows. Anything goes. Profit and power is the bottom line, and God-help-you if you are standing in their way. Cortez and Pizarro as successful role models…

    Which of course brings us to ancient technology, out in the spacelanes. Do earthers have the right to disturb ancient processing facilities? Especially, if glacially-working? Or, do we have the right to salvage an ancient ‘war grave’ or ‘sacred battle site’? Sunken submarines are considered ‘off limits’ to treasure hunters, out of respect. What happens when a company decides to ‘salvage’ some ancient, wrecked interstellar battle cruiser – and the appropriate ‘navy’ shows-up?

    • marcos toledo on November 21, 2016 at 12:43 am

      goshawks I seen reports they’re doing already here on Earth battle site wrecks in the ocean are disappearing. So if they’re doing it here to obsolete warships you can bet your last penny what they do to get their hands on any interplanetary-interstellar battle site wreck.

  5. Robert Barricklow on November 20, 2016 at 5:46 pm

    Broke up Alice In Wonderland metaphor in two parts. First went through the bot @0 yard line; but then the bot’s red-zone defense stopped the Red Queen from running twice as fast in place, thus killing the second half of the chess game.
    – [Makes sense to my reply that is currently in the twilight zone being re-educated on bot etiquette.]

  6. Robert Barricklow on November 20, 2016 at 5:27 pm

    In the end, it will be force that determine whose side the law is on. Just as the money has gone from gold-based to petro-based to bullet based. And w2hen the bullets rain down upon you from the commanding heights[space]; you’ve pretty much got all the bases[satellites] covered[place on earth]. The new seas[space] where the privateers[great fortunes to be stolen] will be made.
    Got to wonder; when the public[soon to be serfs officially] is bankrupt, are the corporations/mercenaries going to cannibalize each other? Or, are they going to divide the booty by territories?
    Remember the philosophy of all those Grand Duchys’: The more there is of mine, the less there is of yours[Duchess from Alice In Wonderland].

    • Robert Barricklow on November 20, 2016 at 5:40 pm

      Now that the Duchesses of Alice’s time have gone 21st Century Duchy; they’re getting that Red Queen attitude/
      I don’t know what you mean YOUR way. All the ways about here[space, does turn out to be the final frontier] belong to me – but why did you come you[humanity/public] here at all? [answer Alice] It’s a great huge game of chess that’s being played-all over the world-if this IS the world at all, you know. [Duchy(RQ) replies] Now, here, you see, it takes all the running YOU can do, to keep in the same place[non locality], you must run twice as fast as that[expand fraud in the space and infinity beyond!]

  7. Kelly Em on November 20, 2016 at 4:52 pm

    Or lets issue some space bearer bonds made of space-proof tyvek!

  8. marcos toledo on November 20, 2016 at 11:57 am

    My question is why does Luxembourg still exist as a independent entity. If it was in any other part of the World it along with Monaco, Liechtenstein would be considered tribal chieftainships. No state would respect them or give them the time of day. They do look like the perfect cover-front for more above board crime syndicates to conduct their nefarious businesses space just being the newest area of operation.

    • goshawks on November 21, 2016 at 12:46 am

      marcos, I have the same feelings. Those ‘mini-monarchies’ should have been annexed – probably by force – into neighboring states, long ago. What is their REAL reason for still existing?

  9. Robert Barricklow on November 20, 2016 at 11:39 am

    Not petro-based; but bullet-based dollar.
    Use our silver or eat lead.

    • Robert Barricklow on November 20, 2016 at 11:41 am

      or get nailed to the cross.
      My, how civilized we’ve become.

    • Robert Barricklow on November 20, 2016 at 12:35 pm

      Will attempt a more in-depth comment later.
      Still a little bot-shy after yesterday; and that comment is still in the twilight zone.

  10. WalkingDead on November 20, 2016 at 10:36 am

    More business as usual. More real vs. surreal. More resource based vs. fiat. More corporations over sovereign nations. More dystopia over utopia.

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