MINING, MERGERS, MONOPOLY, AND “PERFECTING THE ...
Yesterday I blogged about this article from last year shared by Mr. E.G. in connection to all the stories about gold out there:
The essence of my argument yesterday was that if one wished to establish and maintain a hidden system of finance based on hidden and unknown amounts of gold and other bullion reserves - a system established for the purpose of the covert funding of deeply black research projects over several decades - then one had to control the flow of information about how much bullion there actually is, and a crucial component in controlling that flow of information is to control the information coming from the companies actually mining it. Hence, the mergers of these companies are as much about controlling that flow of information as they are about the usual corporate bottom line.
But as I also mentioned yesterday, there were two "catches", and the first "catch" was the following statement from the article:
Toward the bottom of its story, the FT revealed that China-based Shandong Gold was essentially acting as a silent partner in the deal, buying $300 million of shares in Barrick, while Barrick will also buy the equivalent amount of shares in Shandong Mining.
That merger, as I pointed out yesterday, admitted the Chinese into this hidden system, and as I put it yesterday, the question is: Why?
One possible answer is that the Chinese, with their own aggressive space program, is being admitted to the club, and the implication is that this is a step in expanding their own "secret space program," which from a certain point of view would make sense, since the topic of hidden systems of finance, secret research projects regarding space and so on, have become a public "theme" of discussion int the alternative research field in the West, and particularly in American (and no, I am not talking about the Blue Chicken cult and its "spokesbirds"). One can keep secrets of that sort much better in China, than in Europe or North America.
But I strongly suspect that there may be another reason, and that is that China has simply muscled in - perhaps under the cover of some threat to that system itself - and may intend thereby to "reconnoiter" that system, with a view perhaps to eventually weaken it, or expose it, and in the meantime, exploit any leverage they may gain thereby to effect more technology transfer.
That, in my mind, is the first "catch", but the second "catch" is a far more serious one, and it may spell the end, or at least the significant modification, of that hidden system, and that's a concept that is discussed often by former assistant Housing and Urban Dveelopment secretary Catherine Austin Fitts. That concept is "the perfection of capital/collaterial" which she mentions oftentimes in conjunction with the slave trade. From a purely "business" point of view, slavery represents a system where, obviously, human beings are items of inventory, a capital investment, that are bought, sold, and traded. The problem is, slaves can run away, adding an element of risk to the "trade." So the question becomes, how does one "perfect the capital", i.e., secure the inventory against theft, or runaways. Technology, with its GPS chips, RFID chips, and so on, has provided the means to "perfect the capital", making the whole "business" of slavery much lest subject to the risks of the imperfection of capital.
But what has this to do with bullion, and particularly, gold? As I've argued, that hidden system of finance has depended on the ability of banks to rehypothecate their gold holdings, and the simplest, easiest, and obviously most fraudulent way to do so is simply to melt down their bars, recast them, and stamp them with new seals of ownership and serial numbers. (Think Venice, here, folks.) Those days, however, could be quickly drawing to an end, as technology might be affording a way to end the practice. How? By taking a cue and clue from the explosives industry. Explosives, by law, are required to have micro-molecular-sized "taggets" embedded in the explosive substance itself, such that the residue of an explosive can be examined to determined its origin from those taggets. The "bullion equivalent" would be to add such taggets in the form of nano-technology identifiers to the bullion at the point of origin, such that no matter how many times a bar was melted and recast, those identifiers would remain to expose the fraud.
While that would not necessarily end the hidden system, it would modify it considerably, for the "nano-tagget" information would become the most closely held secret in addition to the actual amounts of bullion itself.
And eventually, someone will leak that information, in whole, or in part. And that, inevitably, will require a reset of the whole system...
... unless, of course, one can knit together the entire mining industry into a kind of I.G. Farben of bullion mining, and monopolize the process.
And that, indeed, I think, is what may be going on.
See you on the flip side...
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