AUCTIONING OFF THE FAMILY TREASURES
There's an odd story out there that many of you noticed this week, and I want to speculate about one version of the story that was shared by E.E., with my thanks to all of you who brought it to my attention.
A few years ago, you'll recall, the various Rockefeller foundations and interests divested themselves of their petroleum-"fossil fuel" interests to promote "greener technologies" &c &c blah blah blah. Of course, this had nothing to do with a sudden burst of altruism or genuine human feeling or empathy. The whole Rockefailure-sponsored "fossil-fuel" narrative (and by some lights, Rockefailure invention of it) had begun to be battered by researchers and thinkers who questioned the whole "dead dinosaur" narrative. Indeed, even as a kid, I questioned this idea because it did not seem to me that there were ever nearly enough dead dinosaurs-turning-into-oil to fuel the planet's insatiable desire for energy. It was confirmed one night at the dinner table over one of my parents' Friday night card games of five-point pitch (a simple bidding game like bridge, if you don't know the game) with their friends, the husband of which who was, like my father, an engineer.
Somehow, I don't recall how or why, the conversation over several hands of the game turned to oil and what it was. Perhaps this was during the whole "oil embargo" days of the 1970s. I simply don't remember. What I do remember was that my father and his engineering opposite number expressed concurrence with me when I blurted out, during their discussion of the oil problem, that there simply weren't enough dinosaurs - ever - to make all this oil. The conversation from my father's engineer counterpart (who was also his card playing partner against their wives, who played the other side in the game) was enlightening, as he mentioned the Soviet theory of "abiotic oil". This was long before the days that the theory had any common currency, but he had learned about the theory because he subscribed to the English language version of the Soviet magazine Sputnik, and was probably one of the few people in this country at that time who did. At the very least, his subscription and his sharing of what he had read in the magazine usually made for some intriguing, if uncommon, conversations over games of pitch, which fascinated me as a youngster. After outlining the Soviet theory of abiotic oil, he then added the even more intriguing observation that the Nazis had an entire - and large - synthetic fuel industry during World War Two, making not only the gasoline to run their military machine, but the lubricants as well. Also interestingly enough, in that process - the Fischer-Troppf process - there are no hydrocarbons(i.e., no dead dinosaurs) needed at all.
All of this is a long way around Harvey's Barn just to say that as people in the west began to wake up to the possibilities of abiotic oil (and to contemplate the meaning and implications of the Nazi synthetic fuel and lubricants industry), the meaning of the Rockefailure move becomes clear: the narrative was crumbling, best to move along to a new narrative and "hedge our losses.'
All of which raises the question of: what's really going on here with this story?:
The short article - and some of the pieces and their opulent elegance - speaks for itself:
A taste of a bygone era’s opulence will soon be up for sale: For the first time, items from the Rothschild family’s private collection will be up for auction in North America.
This October, Christie’s in New York will sell hundreds of curated pieces from the decadent banking dynasty’s trove in a series of events.
Entitled Rothschild Masterpieces, the series will include a lavish assortment of art, furniture and homewares.
“This week of auctions will make history,” Jonathan Rendell, a Christie’s Deputy Chairman, told The Post. “For the first time, one of the great collecting families of Europe is offering its important and intimate heirlooms at auction in the United States. The quality of the 600-plus objects in these sales is as extraordinary as the range.”
The array comes from the collection of Baron James de Rothschild, his wife Betty, and their sons Baron Alphonse and Baron Gustav — whose homes in Paris and the Château de Ferrières were so grandiose as to have a style, “goût Rothschild,” named after them.
The question is, why would one of the world's wealthiest families be auctioning off some of its treasures and heirlooms?
I think it is intriguing to note, in an attempt to offer a speculative answer to this question, that most of this if not all of it appears to be coming from the French branch of the family, and not the English branch. And if you've been watching that branch of the family, it has not been without its "anomalies", including apparent (and in my opinion, very suspicious) deaths. Remember the French Rothschild who was found dead in his hotel with a bathrobe tie tied around his neck and hanging from a towel rack? (If not, see https://stillnessinthestorm.com/2018/08/the-rothschild-they-murdered-he-allegedly-strangled-himself-with-the-bathrobe-belt-in-a-french-hotel/ or also see https://gizadeathstar.com/2018/07/ex-rothschild-found-hanging-from-doorknob/ )
In other words, something is "going on" with the French branch of the family. Perhaps it is not enthusiastic enough about collecting paintings with occult and sacrificial memes, or into masked balls with foods designed to look like human beings and infants. Who knows?
But there is an obvious answer behind the auction, one which is worth some reflection: one tends to auction off things of this sort if one is short of liquidity, and needs a lot of it, and needs it quickly. In and of itself, it would not be significant, even for the Rothschilds. After all they can go through financial rough times just as well as anyone else. But items like this? And besides that, who would have the money to buy any of them, even at auction? Add to that the fact that auctions are risky... one may not raise that much money, and that is an indicator that perhaps something severe is going on in the background....
What does fire the imagination, however, is that they are doing this at a time when there are more audible groans and creaks and that horrid moaning sound that metal bulkheads make when a ship is sinking, or a financial system is beginning to fail. It's the kind of bulkhead groans that can be heard when bond yields are high but their prices are low... We've been hearing that strange moaning sound more and more lately, but it began back in 2008, and began to be heard in connection to all those derivatives that we never hear anything about any more, hence, my guess is that whatever game they've been playing to paper over all those derivatives, the gravitational pull of those quadrillions not to mention the weirdness in American treasuries right now is beginning to suck things under...
... just a guess. Nothing more.
Have a nice day, and I'll...
...see you on the flip side...
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