Today's blog is an unusual departure from my normal style. My normal style, as most of you know, is to present an article, quote a few important passages, and then to speculate on what it might mean or what it might imply. Today, however, it's not about an article, though I will reference an article that was sent by W.G. It's rather about why this type of article keeps recurring. Specifically, why the multi-quadrillion dollar estimated value of the asteroid Psyche keeps getting mentioned; stories about the space rock will appear, people will mention its estimated value usually in conjunction with the space-talk about mining asteroids, or in connection with NASA's planned probe to the rock, then the story will lie dormant for a few weeks or a couple of months, and then be trotted out again.
My question is, why keep trotting it out? In the past, I've speculated that one reason for doing so is because the estimated value of the asteroid (and others) almost exactly corresponds with the estimated value of derivatives sloshing around in the financial system, estimated to be between 14 and 17 quadrillion dollars. In my speculations, I've suggested that one way to get rid of the problem is to go out, nab the assets, and balance the books, or at least claim to do so and "balance" fraud with more fraud.
With that backdrop, here's the article, and remember, it's part of a pattern:
And here, from the article itself, is the familiar pattern:
An asteroid that is thought to be packed full of precious metals which could be worth more than $10,000 quadrillion (£8,072 quadrillion) is currently in our solar system.
The 'Psyche 16 asteroid' is a 124 mile-wide space rock that orbits the sun in the asteroid belt, a donut-shaped region of space located between Mars and Jupiter - containing well over a million rocks.
NASA is currently organising a mission to study the 'goldmine' asteroid in 2026 in an effort to figure out its origins.
Some scientists have speculated that it was once the core an early planet.
Unlike other rocky or icy bodies of its kind, Psyche 16 is thought to be made of mostly iron and nickel, and could be worth quadrillions of dollars in potential mining value.
Psyche is the largest of the 'M-Type asteroids', an enigmatic class of asteroids that are thought to be extremely metal rich and therefore could be fragments of the cores of protoplanets that broke up as the solar system formed.
There's the pattern: there's an asteroid out there that's worth about 8 quadrillion pounds, or about 10 quadrillion dollars "in potential mining value." From the standpoint of the "pattern" I'm alluding to, the only noticeable detail here is that Psyche has apparently been de-valued somewhat.
So again, why keep bringing the story up every few weeks or so?
I suspect that there are two reasons, hinted at in this latest iteration of the "asteroid mining pattern." Firstly, note that the article mentions that Psyche may have once been "the core of an early planet" and that such asteroid "could be fragments of the cores of protoplanets that broke up as the solar system formed." Or, to throw out the ever-present catastrophism model of modern science and to look at an alternative theory, maybe such asteroids, including Psyche, are the remnants of a planet that was once in the asteroid belt, which blew up. For those familiar with my book The Cosmic War: Modern Physics, Ancient Texts, and Interplanetary Warfare, the idea that the asteroid belt was the remnant of an exploded planet was once the favored theory of late eighteenth and early nineteenth century astronomy, which oddly enough, named that missing planet "Krypton." As I also pointed out in that book, more recently that hypothesis was revived by the late astronomer Dr. Tom Van Flandern, once the astronomer of the US Naval Observatory. Van Flandern postulated a number of models of why a planet should suddenly explode, and after mentioning a few, he finally - and in my opinion reluctantly - came to conclude that he could not exclude the idea of "deliberate action," implying that it was deliberately blown up. In other words, it was a victim of a war, a view which corresponds with a number of very old texts and myths. So going out and having a closer look at Psyche might provide clues to solar system history, and clues confirming or denying Van Flandern's ideas, including that of "deliberate action."
But there's another reason I suspect, beyond that possibility, and beyond my own "balancing the books" speculations. It's such an obvious thing I almost hesitate to mention it: Psyche's composition, iron, and nickel. To put it bluntly: the rock is one big "iron filing in the sky," and we all know what happens to iron filings when they get close to a magnetic field. It would be theoretically possible to steer the object magnetically. Of course, we're a long way from being able to manipulate such fields on such a scale, and iron that has been heated past a certain temperature, say in a tremendous explosion, loses most of its magnetism. But nickel is magnetic as well, and thus we're back to the first reason: the magnetic properties of Psyche might reveal clues about the origins of the asteroid belt. It's the presence of nickel as well as iron, that make me wonder if they're up to something more than just "geophysical history".
In that respect, one of Van Flandern's hypotheses about why a planet would suddenly blow up is worth mentioning. At one point, he speculated that perhaps there was enough anti-matter in the core of the planet under containment, when suddenly the containment broke down, the anti-matter came into contact with matter, and... well... kaboom. The ordinary way that anti-matter is contained is magnetically. But for enough anti-matter to explode an entire planet, the amount, and the containment, would have to be quite large and sophisticated. That suggests that a naturally occurring containment of such an amount would be stretching it; it would seem far more likely that such containment was artificial... and a visit to Psyche, if it is indeed part of an engineered planetary core, might provide clues not only to that history, but to that technology.
And such a technology would be worth a few quadrillions to go out and recover, or reverse engineer from the geophysical record's clues.
Ok... that's our dive off the high-octane-speculation twig for the day.
Now you can call me crazy.
See you on the flip side...