If you've been paying attention to the space news of the past five to ten years, you'll have noticed a trend: (1) there's a lot of talk about asteroids, and (2) that talk takes two forms: (a) we've got to prepare to defend the entire planet from asteroid strikes, or (b) we can go out there and mine asteroids, because they contain gazillions of dollars worth of resources.

Well, the latter was in the news, according to this 2019 story which M.D. spotted and shared, and this one I missed a couple of years ago, and bring it to your attention now:

What interests me here is not that Psyche 16 could be a former planetary core, but its estimated value:

Our solar system is just one unthinkably massive gift that keeps on giving, right? The Sun protects our planet from interstellar plasma with its solar winds, Jupiter draws in potentially dangerous rogue asteroids, and there’s even water on Mars, which we may be able to drink one day. And while that’s all obviously awesome, we may soon be privy to a look at one of the solar system’s more tangibly valuable gifts, an asteroid made up almost entirely of metals worth, according to Bloomberg, $700 quintillion. Asterisk that value though, because we’ll mention a couple of caveats, which may or may not be the caveats you’re probably thinking of already.

If you haven’t heard of this immensely valuable massive asteroid, dubbed 16 Psyche, get ready to soon refer to it as my precious, because its highlight factoids really make it stand out as something special. With an average diameter of 140 miles—roughly the distance from Los Angeles to San Diego—16 Psyche is one of the ten most massive asteroids in the solar system, and an unbelievable 95% of that mass is made up of metals like iron and nickel, as well as, possibly, gold and platinum. As mentioned, Bloomberg has noted that the asteroid would be worth $700 quintillion if it could ever somehow be brought down to Earth, which would mean enough money to give $93 billion to every single person currently on Earth. But again, big asterisks on that number.

700 quintillion dollars?!?!?!?

That's $700,000,000,000,000,000,000. As the article notes, that's "enough money to give $93 billion to every single person currently on Earth."

Now, the reader will have noted that I've filed this blog under "Babylon's Banksters," and my reasons for doing so relate to this article, the estimated valuation of the asteroid, and the timing of the article. And brace yourself, because this is such an outlandish high octane speculation that we're in Wile E. Coyote-falling-off-the-cliff-and-plunging-into-the-gorge territory here.

Firstly, the timing of the article intrigues me, because it's just prior to the covid planscamdemic, which has certainly been used by Mr. Globaloney - think Ernst Stavro Blohschwab and "the Great Reset" and all the talk of "universal basic income" and so on. That's a lot of money. Notably, $700,000,000,000,000,000,000 is a lot more money than even all of the mere 14 to 17 quadrillions worth of bad derivatives still sloshing around in our financial "system". It's a lot more money by three orders of magnitude plus some left over "pocket change" (also in orders of magnitude).  The second thing that intrigues me about these "asteroid riches" stories is the wider financial context and timing in which they've occurred: they began to intensify - "coincidentally" enough - after the financial meltdown of 2008, and have been appearing in more or less a steady trickle since then.  Thirdly, they've occurred in a context where we've also learned about some very peculiar "new types" of financial instruments, little things like weather derivatives and "pandemic bonds."

(Patience, we're just outlining the walk up to the cliff; we'll take the Wile E. Coyote nosedive off of it in a moment.)

At the 2014 Secret Space Program conference in San Matteo, California, and in my book Covert Wars and Breakaway Civilizations, I speculated that part of the hidden system of finance consisted of a hidden bond market, some of whose instruments were collateralized by space assets to be recovered in the future. I've also speculated that Mr. Globaloney seemed to be in some sort of hurry to get the entire planet locked down and moved into a global, digitalized financial system.

So what if some of those collateralized "space asset bonds" are coming due? We're still not "out there" mining asteroids just yet (at least, not according to the public narrative). So perhaps we're looking at stories that are really telling us that Mr. Globaloney is "swapping the paper". (For those who know this story from my books, think of Japanese Prime Minister Tanaka and the so-called 57 bonds. And who might be holding such bonds and either demanding payment or settle for swapped paper? Well, one possibility might be Sauron, Melkor, and Morgoth and Associates, Ltd., but I digress...)

And here's the rub: we're dealing with people who've already committed massive fraud, including the pocket change of a few missing trillions of dollars from the US federal budget. They would not be above committing more fraud to sustain that system...

... and their power, like openly creating financial instruments collateralized by rich asteroids, and pretending to go out and mine them... and so much the better if one can conjure an ET threat that will require more "space defense spending" collateralized of course on space assets...

...just a thought...

See you on the flip side...



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. Joe on June 23, 2021 at 5:47 pm

    Mining could easily be done in orbit,out of the limelight.There appears to be a great deal of drilling equipment already in place,ready to go.How do you lik’em apples.

  2. zendogbreath on June 23, 2021 at 12:38 am

    Incidently, are we all prepared for a downed internet coming soon? Days? Weeks? Months? Years? Is there any other way to get anyone to be programmed on legacy media again?

    Cognitive dissonance just gets better and better

    • DanaThomas on June 23, 2021 at 4:42 am

      By the way, is GizaDeathStar drawing up a real, analog mailing list with PHYSICAL addresses? Just in case. I have no objection in providing mine.

  3. zendogbreath on June 23, 2021 at 12:08 am

    East Psyche Trading Company?
    Think they will grow tulips there?
    Or induce some new alien population to opium?
    Didn’t Columbus do something similar to Hispaniola?

    The “bringing it here” aspect caught my eye.
    Smells of just one more great idea to add to – 750million gmo mosquitoes release – high altitude chem trails to block out the sun – lab grown meat – vaxxing every human……………..

  4. Laura on June 22, 2021 at 8:49 pm

    this post reminds me of the cowboy junkies song, ‘mining for gold’ — hard to forget this song.

  5. marcos toledo on June 22, 2021 at 7:57 pm

    To paraphrase an old quote, when did they know how much these orbiting rocks were worth this much and when did they found out. And who whats to bet if these greed junkies will share with the rest of us just asking. By the way the use of chemical fueled spacecraft won’t make the cut if they are serious about space mining.

  6. anakephalaiosis on June 22, 2021 at 5:56 pm

    Six million flying rocks are in urgent need of mining.

  7. KSW on June 22, 2021 at 5:26 pm

    Since we’re into wild-a** speculation territory, I wonder if we could claim the asteroid as a homestead and then find someone who will fly up there and put up a fence or something annually to meet the improvement requirements? Actually, this just shows that this could be a totally wealthy planet all around for everyone. So, who owns the damn thing anyway and if it’s a government, then why don’t the people get a share of the action? Oh wait, because we’re useless eaters – darn, I keep forgetting that part.

  8. Robert Barricklow on June 22, 2021 at 12:04 pm

    Let me guess.
    The new asteroid happens to cover all the derivative bets;
    seen & unseen?
    To the blog post.

    Be scared of coming asteroids.
    Be happy! Asteroids are covering all bad bets; even the intentional ones.
    [above jives w/the, always-on, cognitive dissonance ops]

    Makes one think that the solar system, a gift that just keeps on giving; was/is an engineering feat worthy of the Gods, doesn’t it?

    Then there’s the question is the source of the happily ever after asteroid trillions upon trillions; from whence & whom was this narrative formed?

    White Rabbit

    • Robert Barricklow on June 22, 2021 at 5:52 pm

      The timing has shades of Columbus/Venetian intrigues;
      knowing the locations of treasures, across the deep blue ‘charted’ seas.
      [like those across the 21st Century’s deep black seas of empty space]
      Are treasure asteroid locations. being kept a deep secret?
      Information released when advantageous to the Breakaway Civilization.
      Financial instruments also release @ most advantageous times.
      In other words, the times; “They” are not a-Changin.
      Neither, are the deep-fake narratives.

      White Rabbit

    • Robert Barricklow on June 22, 2021 at 6:44 pm

      Some may think the financial system is based upon debt.
      From my perspective; the financial system today, is based upon fraud.
      So role out the aliens are coming; and collateralize the space assets. along w/those rich asteroids.
      When the one left holding the bag can’t pay;
      the breakaway civilization picks up those assets on the cheap?

      Pump & Dump ops w/in ops;
      all based upon fraud,
      all picked up, at digitized pennies on the real dollars?

      And who is going to be left holding the bag?
      Don’t tell me; let me guess?
      The dumbed-down all shot to hell[or, is that jabbed to hell]…

      My, how the times have changed?

  9. FiatLux on June 22, 2021 at 11:42 am

    It’s quite possible that future space assets (such as minerals, water, ancient tech, or territory) have been already been divvied up, financialized, and promised to various parties. And some of the current space race is probably about securing some of those promised rights, or stealing them from your geopolitical or covert rivals.

    However, all this talk about asteroids, to me, has psyop and financial fraud written all over it, especially when they come up with fantastic numbers like quintillions of dollars. Some asteroids probably have valuable metals, but do we know the cost of extracting them? Do we know the costs of: the technology needed, the mining work itself, and transporting, insuring, and possibly defending the cargo? How can “experts” even hazard a guess at the value of an asteroid without some kind of handle on that data? That’s not to mention the fact that it’s impossible to estimate the value of an asteroid without first having verified what it’s composed of.

    • FiatLux on June 22, 2021 at 11:48 am

      When I say “future space assets” may have been collateralized, I’m thinking of known planets and moons, not newly discovered / newly arrived, unstudied asteroids.

    • NonGMO_Alchemy on June 22, 2021 at 4:16 pm

      Let’s take the valuation one step further. How can you value a massive amount of metals without considering the effect of bringing those metals onto the Earth’s commodities markets. These markets (when they are not manipulated by JPM et. al.) operate on supply and demand. If demand doesn’t keep up with such a massive new supply of metals, then the price of those metals will drop like a stone and your valuation turns to dust.

      Gold is a perfect example here. Currently there is no way of calculating how much gold there is on the planet because the major holders of that metal (Vatican, China, Russia, LBMA, Rothschild, etc.) do not publicize accurate holdings or allow audits. How much gold was stolen from China by the Japanese prior to WW2? How much gold is in Ft. Knox? How much gold is locked up in the American national parks? How much gold is in Antarctica? How much gold is under the ocean? I guarantee that what the true holders of gold actually own is multiples of what what the market believes and if the market were to get evidence of this, then the price of gold would drop precipitously.

      • Foglamp on June 22, 2021 at 6:06 pm

        Yes, but don’t forget that – as with gold in the ground – a metal asteroid does not turn into a “massive new supply of metals” until it is extracted; and it will not be extracted until someone is willing to pay the total cost of getting the metal to market. It is unlikely that extracting, for example, gold from an asteroid 230m miles away is going to be economic compared with extracting it from, say, The Grand Canyon or Chocolate Mountain.
        Furthermore, as with keeping secret the discovery of huge gold deposits in The Grand Canyon a century ago, the creatures who control and manipulate today’s so-called commodity “markets” will – if history is any guide – go to great lengths to ensure humanity’s continued slavery.

    • Awake on June 23, 2021 at 2:05 pm

      In my opinion, its all just a big money laundering scheme to bilk trillions more from the people. The companies involved are bellied up to the pig trough to get their share of the funding. My guess is that the lower level suppliers for those companies have no idea and are proud to be participating in space exploration. Democrats big push is to land on the moon again…that’s a good one for sure.

  10. Chris on June 22, 2021 at 10:55 am

    With unlimited “free” energy, probably comes the alchemy necessary to create whatever elements you desire in abundance. In such a scenario, the ultimate and only store of value resides less in financial instruments and more in weapons and other systems of control–i.e. in direct manifestation of power. It’s perhaps not so strange that the alchemies of power generation and the ability to transform the base into the lofty should also reduce the mechanisms of perceived human control, power, and wealth to their own basest fundamental operation–the Sword. The Universe is not without Irony. The new nadir of Values–both financial and ethical, and the pressures of this crash descent, threatens a total loss of Integrity to the current bubble of unreality. Panic has ensued and there has been a rush of “demonstrations” of weapons technology. The Lebanon blast. The lightning that killed 300 Reindeer. Weather operations. Seismic operations. Biological weapons deployment. And, of course, directed propaganda. Everyone rushing to demonstrate the source of their “wealth.” This article falls into the latter category of insane, hysterical babble. Needless to say, at such times, the population at large becomes a threat. Which brings us to the liquidation of that other form of wealth, the “safe space.” The cities under the Earth’s crust, both on land and under the sea were once places where the godlets could retire to ride out the messes they had made. With the ease and facility of destroying the planet now becoming clear, this wealth has also plummeted in value…. And to me, the most interesting elements of this article are not the metals, the money, the immanent implosion and panic signaled by this sort of screeching impotent fury, but rather the suggestion, in print, that there is a planetary core drifting around in the asteroid belt. Even if this is just an ordinary rubble pile, the allusion to such a core is intriguing–especially freighted with the accompanying Death Star association implied by the photograph. The whole article may be false, but the suggestive components of narrative are there. Tiamat? Krypton? Ancient WMDs? Decoding the intent of such sly allusions is another matter. Perhaps we’ll find out, in time.


    • OrigensChild on June 22, 2021 at 4:09 pm


    • Robert Barricklow on June 22, 2021 at 6:53 pm

      Loved your analysis; especially, your conclusive…
      Cosmic War Death Star planet “core” speculation$!

    • zendogbreath on June 23, 2021 at 12:11 am

      add wildfires and floods in Oz and Cali to that list.

    • Joseph P. Farrell on June 23, 2021 at 12:44 am

      You’re preaching to the choir here… I’ve said the very same thing numerous times and in many ways over the last ten years or so.

  11. TheThinker101 on June 22, 2021 at 9:36 am

    This article is from November 2019 and it is interesting to say the least. It’s the core of the exploded planet.
    The article I find most interesting is FogLamp’s which was from June 21 2021.
    So is it valuable or isn’t it? NASA will be sending a probe to find out! And it’ll be there in 2026 if the launch remains on schedule.
    The point of it all is somebody wants to FINALIZE and CONFIRM the value of this asteroid.
    Then the movers and the shakers of this world will move from that point.

  12. Foglamp on June 22, 2021 at 5:16 am

    Hmmm, (by a strange coincidence?) there is a report in today’s “Daily Mail” that 16 Psyche is nothing more than a pile of rubble, and not worth mining at all:
    Curiouser and curiouser!

    • OrigensChild on June 22, 2021 at 8:34 am

      Ah, so we now have competition in views, with the oldest one more optimistic. Every time I see this pattern the more skeptical of the “experts” I become. Why? The people authorizing the second article always seem to be hiding something important–the truth.

    • Bluenose on June 22, 2021 at 4:04 pm

      I’d love to hear a race horse track announcer’s commentary if/ when the race starts. They’re coming into the final home stretch and Strawberry is in a jam! …

    • Robert Barricklow on June 22, 2021 at 6:56 pm

      Another example of information warfare at work.

  13. DanaThomas on June 22, 2021 at 5:07 am

    So is somebody already leveraging these “convenient” resources?

    • Bluenose on June 22, 2021 at 4:06 pm

      That might explain the quintillions instead of just the quadrillions…more room at the trough.

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