Why You Are Alive...

A scientific research study ought to be conducted into whatever is able to be known about the lives and the conditions and pressures they are experiencing immediately prior to when one of these bankers leaps off a tall building.

Dead, and yellow-ed...

In a world where the quantity of money available at a particular interest rate is by command decision suddenly increased virtually limitlessly for all intents and purposes, and the time-honoured rational market dynamics of supply and demand are thus altered irrevocably, changing for all time every single economic proposition of logic and reason – it ought at least to be academically studied what, if any, might be the reasons a banker, of all people, should want to kill themselves.

Certainly, there is the common enough legend of a Superbowl champion, waking up the next morning, with that heavy and showy ring on his finger, a new Lamborghini in the garage downstairs, several empty bottles of champagne beside the feathered bed, a blonde bimbo's high heels left tossed onto the thick pile carpet... And then the sports champion thinking to himself: 'is that all there is?'

What is the everything that people aspire to having anyway?

"Starry starry night."

I am a student of popular culture. Always have been. And somewhat of a fan too. 'Pop' is actually not quite the same thing as what the masses 'want.' 'Popular' is what is widely acclaimed; the masses follow what critics say for all their clamour. The superficiality of real 'pop' is only paper thin, and common perceptions about it are reflections of the mediocrity of the mindsets of the viewers, rather than of the art itself.

One ought to try and accept that today's 'special' banks who have benefitted through the program of quantitative easing, may have replenished or re-stocked long lines of previously depleted liquidity (that they were just now freely given), behind various lists or allocations of assets, let's say, that were dear to their hearts.

And this means that certain assets will not just crumble and disappear in spite of their non-performance frankly, from now on ever after, in terms of profits and revenue.

But none of it has been what you would say is art. And so I thought I might spend a little time on art. Art endows even some horrible things with beauty although it takes a certain outlook to be able to see that. The transformative power of great art is what is needed now to take a fresh look at the world – but I see only those with very great gifts being able to 'see' their own individual way out of the morass; the masses will on the whole never get out now, and in the end few will get out before the tides of history themselves turn quite dramatically. And that is not something on the cards very obviously...

"True Skin"

I am a great fan of style. Style will take you sometimes, to places that not even science can.

There is a tremendous short movie out called “True Skin,” written and directed by Stephan Zlotescu of N1ON Productions, an independent movie-maker that usually specializes in music videos. If you haven't seen it yet it's worth taking a look at.

"True Skin" - beautifully made sci-fi movie short.

Warner Inc. currently have the project in development as a full length feature and one never knows where they'll eventually take the basic story idea, which is as derivative as it also is classical too in the category of sci-fi. On the one hand the whole film short is something like a re-visualisation of Blade Runner, but really, the value of the effort lies in the stylishness of the creative visualisation itself – which is distinctly different from what Blade Runner was.

For one thing there is a certain up-to-the-minute reality about “True Skin,” when it comes to the technology of augmented humans. And there is a real moral tale going there about the seeming spiritual tragedies of 'mere' natural humans when they cannot overcome economic dire straits.

The emotionless expression on the face of the main character hides many conflicting and deep-as-the abyss feelings, and, as someone who has a level 3 (worst kind there is) autistic son, there is a perspective that I have about the ideas in the movie short that we have been able to see thus far: with the amazing computer-device interfaced capabilities of autistic people, it seems to me that autism is almost some kind of advancement that has exploded across the modern world exactly at the same time that highly portable, very advanced digital systems that augment the basic human sense channels and increase the rates and pathways and simultaneous access to data and sensory input.

Also look at the Daft Punk music clip of 'Digital Love'

I know that my son has amazingly deep emotions for a seven year old, much more mature and perceptive and balanced than you would ever suspect a seven year old should be able to intellectually process – but he can. Yet, if you go simply by the facial demeanour, you never could tell any of the signs of these things. All the same, it's almost as if these people (autistic people) quickly come to the conclusion that most 'normal' people are emotionally dumb, emotionally disabled if you like, and they refrain from even trying to communicate with people whose emotional sensitivities are simplistic...

There is a sadness on the face of the lead character in the movie short; at least it seems that way to me.

A sad, tragic future for humans?

I asked my son after watching the film what he thought the character was feeling at the scene toward the end (where I thought he was tremendously sad), and he said, 'he's paralysed by the uncertainty of limitless joy.'

Can you see the future, my friends? It doesn't have the people we have been used to, in it.

"Only Until Midnight..."

“Only until midnight...” This is what the fairy tells Ella in the classical tale.

This year, Universal is having 'its people' work on a screenplay development of 'Cinderella,' and Ann Peacock, screenwriter of Narnia fame, has the job of 're-imagining' – as they say about these kinds of things – the story for whoever Universal's marketing consigliere has deemed today's audience is, or is going to be.

Modern Cinderella's coach

I will be going to watch the eventual movie whenever it finally comes out, but mainly for the work of who in my own opinion is today's greatest living cinematographer – Bruno Aveillan.

Aveillan has 'only' ever in the past worked on commercial shorts for huge global brands: Lanvin, Louis Vuitton, Swarovski, Guerlain, among a long long list of film adverts credited to him. Aveillan is from Toulouse and mainly works in France, although his professional reputation extends all over the world. He has not previously made a full length movie, much less a mainstream worldwide release feature film.



Bruno Aveillan

What the 're-imagining' of Cinderella is going to mean I have no idea but if I were a writer, the very last thing I would want to do, not for any amount of money on offer, is have to submit my mind to the drivel which appears to be the main entertainment fare of today's mass audience. Creating, imagining, fantasizing, do not seem naturally fit to the task of conservatism, mediocritization, and propaganda designed to keep the masses as idiotic as they are, and relieve them of any desire to improve themselves or their lot in life. It's a wonder Universal don't just get some radical Mohammedan preacher to work on the screenplay, hand out the full body-and-face covering black gowns to ugly unknowns they won't have to pay as the female leads and otherwise will be able to treat as animals or at minimum second class humans, and stick the premier on in Benghazi as a repentance for past 'offenses.'

“Only until midnight,” says the fairy.

“But why only until then?” Asks Cinders.

I could end with a typical a la mode stock jocular if not, even slightly offensive retort to that question. You know the kind of remark: 'because you're a crossdressing gay boy' or something along those lines.

There is a real answer; a one true, real answer.

“That childhood fantasy endures only until midnight, because soon afterwards you will have grown up. That is the necessary overall effect of a Balenciaga gown and a new Rolls Royce and a bottle of G. H. Mumm. And a very different scene plays out with that lot after the main lights go out!”

Ann Peacock, let me assure you, will not be writing this kind of thing. It will all be very grandly filmed of course however, a real spectacle no doubt. And none will be the wiser about what really transpires with princes and glass-slippered dames beyond any fashionably blackly glittery midnight.

'Theory Of Mind?'

I do not subscribe to most of the ideas to be found in the Wikipedia entry on “Theory Of Mind” that attempt to explain what the human intelligent mind is.

As usual, the Wikipedia scientific folklore in question here starts off once again with some amazing words: “because the (mind) is not directly observable, this understanding is called a 'theory.'”

That is a rather silly assertion because there are numerous things in science and human intellectual endeavours that are in the abstract form as a set of rules or unchanging principles and are also not directly observable – but are far from being regarded as mere 'theory.' I think maths professors and all logicians might be inclined to agree with me on this. I would like to see some mathematicians apologizing that the intangible and unseen principles upon which all physical mathematical phenomena are based and some only observed in reality as quantum physical systems and structures – are merely theory.

The abstract principles and the rules themselves of logic are unable to be actually visually 'seen' outside of their actual practical physical examples, but they are not mere 'theories.'

Too many mediocre notions today are being passed off as 'knowledge' and 'knowns' and 'scientific understandings' with the consequence that real advancements are not being attained. Superficial observations are being promoted as 'high science.'

The self-reflectived person - in Balenciaga

The fallacy being presented quite assertively and confidently as strong 'scientific consensus' if not 'truth' exactly, comes about by the essayists being tricked by the attractively powerful truism that 'no one has direct access to the mind of another...' And that makes it seem as if a thing therefore cannot be known as a scientific fact.

Indeed, no one has direct access to the intangible principles behind all of observed mathematics or the rigorous and unchanging rules of Logic either – but that is far from a reason to call such things 'mere theories.'

There is a lot in modern philosophies of, and scientific discourse about, the mind, that indulges itself in semantics albeit with much strident assertion that such semantic statements are somehow to be taken as scientific knowledge. They are actually jargon emotionally loaded with a lot of professional territoriality.

And there is a lot of laziness and facile argument behind many of the modern approaches to knowledge. Yes, 'Mind' is a very complex thing to get a genuine focus on. But it doesn't make it impossible to come to terms with in a logically consistent and systematically reliable way.

Once you accept that the idea of 'Mind' has clear definitional fundamental rules for its being able to be described as 'Mind' at all, then you can certainly realize that such rules and definitional principles likely also have their 'geometrical' relationships, and their calculus, even their trigonometry and their dynamics. The basis for 'Mind' is mathematical. And there is a great deal of power to be had in comprehending the mathematical relationships behind how 'Mind' functions.

Awareness of the awareness of other people, is a presupposition to the often rhetorical question that is asked about politicial leaders, and leaders of the world of capital and banking: “Are they aware of what they are doing to people...?” And the real questions are more along the lines of “where is their focus since we know that they are aware, and if we know where their focus is we might understand why they are doing what they doing.”

Levels of awareness change depending on the foci of attention and the responses to immediate pressures from neurochemical sensations. Yet the presence of 'Mind' depends on the degree of abstract thinking genuinely available – that is, processing involving neurons not reacting to immediate sense stimuli but nevertheless linked to those stimuli – and the more distantly concertina'd outwards from the sensory stimulations, the more capable the individual is of truly determining their own actions over time.

My question is – are modern leaders genuinely capable of abstract thinking, or is this now the theoretical part; they once did have that capability, but now it is only a theoretical capability.

In theory new Chairman Yellen will slowly taper off... But in practice, not only will the immediate self-gratifications demanded by the banks by too forcefully pressing, but in fact, any immediate reaction to any new incident in the markets or in economies generally will demonstrate how little in control modern leaders really are. The western world has been getting away with the enduring momentum from the initial huge China market influence in the complete absence of coherent growth ideas. This only means that a single flaw in this model's behaviour will show up as a massive crisis to all market economies worldwide. Human beings, being what they are, will prompt those flaws into real present facts that will have to be faced, and coped with using the best of what human 'Mind' is capable of. Richard Dawkins believes in evolution; I believe in devolution. There are clearly rough times ahead. Very clearly.

Joy To The World

This Christmas is shaping like a good thing down here for a change. Nothing to do with Bernanke of course, and even less to do with the local dolts who have slid their way into the Federal government down here in Australia where the end of every year is always HOT.

Nope. Christmas is good here because I have always had a strong connection with the jolly old elf who lives in the North Pole. Now I'm sorry for all of those who can't pull strings like I have been able to all these years since I was a little kid... I saw this movie once when I was um, maybe four or five – Babes In Toyland it was called. An odd little movie, well not actually little really, it was in fact rather long as I recall now.

Ray Bolger - prototype NSA guy

Anyway, in the movie these children had stumbled upon a magical toy factory and discovered a kind of a ray gun that fired a red, as well as a green, ray. The red ray made you bigger, and the green one made you smaller.

The thing of it was, that all the excitement in the movie happened after the children made themselves very small and were able to go through a tiny door into some magical wonderland-type place or other, not that I recall its name or much of anything about it really, now. Um, maybe, Toyland I guess it was called!

What I did manage to learn from the parable was that 'you must enter through the narrow door...'

A red ray when its going fast, anyway

There are those types who tend to want to use 'the red ray...' And go through all the big doors. Take a look at for example this Kanye West fellow – he's what you call a classical sorcerer. He isn't so much a musician as a reverse chanter. I suggest that you don't try to copy him if you've a mind to do any kind of sorcery because you're liable to come to a good deal of harm, frankly. I mean to say, keep listening to his audio productions and you will soon discover that a state of clinical depression is not as organically-based a thing as some doctors care to believe.

Grren trees of Scandinavia - the larch

A huge expanded ego affects a lot of people and everyone can 'see you' and what you're doing. Going down the green ray path means however, not that many people ever get to see you and what you're doing or how you're going about doing it.

Yes I'm sure that if an elf or an NSA goblin happened to be watching me, they wouldn't learn a thing. Well, elves already know everything and the NSA is just plain too stupid to learn from my own use of the green ray.

Use the green ray and you get to play with the toys...

On Wealth, Now That It Is Christmas

Much of traditional, that is - contemporary - myth is stuff that is all a mix up of the real past. And there's not much any of us can do about that. People become very adamant in what they choose to believe regardless of any facts. Nicholas of Myra used a personal bodyguard called I think, the Varangian Guard – who were all Norsemen. The modern myth or legend, if you will, has a lot more to it than people nowadays recall of its actual basis. And although it is the tradition that Santa Claus gives away gifts, for odd reasons, a lot of the puritanical West has a huge problem with easy or gratuitous and gifted wealth and the private holding of it, and also with the people themselves, who possess wealth.

(Modern joyous tune for avant garde Santa)

Nicholas was horrendously wealthy – and I do mean fabulously wealthy. He threw gold coins into the window of some young girls and the coins fell into their stockings – but you know this story of course as it contains just a hint of sex, enough for the story to have endured the boredom of ancient repetitions of any folklore.

Avant garde, modern Christmas sled

Oh yes, personally indeed I do believe in Santa Claus. I can report very trustworthily to you that today's Santa Claus, sometimes goes about in a brand new Rolls or Bentley Mulsanne – you know, the one with the extra large bootspace – and he has accomplices who wear black silk stockings. He loves to drink the very best vodka – Snow Queen vodka. And he has magical powers. He has gifts for all good girls and boys everywhere. And very expensive gifts for the very best of them.

Very definitely there was a Nicholas of Myra. Today he is absorbed into the global idea of Santa Claus. Not my idea of Santa Claus, mind you, but the idea held by a large number of the public.

My own idea about Santa Claus is seriously more exotic and up-to-the-minute as far as fashion and technology is concerned. And you know what, my idea is more correct too, what's more; I have no difficulty convincing little children about it, especially when I have the car driven around for them.

By the way, I believe Mandela just died more or less on the anniversary of Nicholas of Myra's death. What d'you think the tradition about him will be a thousand years from today?

The Politics of God

When the brooding Emperor of Rome – Tiberius – fills the river Tiber with the dead bodies of all those he imagined were the supporters of the Julii, he betrays a fear of something he cannot allow to abide under his rule; namely, opposition. Even just the threat of potential opposition.



The couch of some decadent tyrant or potentate...
Let's get one!

The Roman political undercurrent in the Jesus story is that from the very start, when three wise men from the East, seek out a new-born child in order to proclaim that this child is a king, and not just a king, but some kind of special king – from this start, the folklore matches entirely with the political suspicion that Plutarch gives words to, in writing, namely that Julius Caesar's son Caesarion was spirited away to India, and not murdered, and that in the time both of Augustus and Tiberius there was a fear that there may have been still remaining, someone in the direct bloodline of Julius Caesar that the Julii might eventually put forward as the legitimate, and actual Caesar.

There were, in Rome at the time, two main and powerful opposing families: the Claudians and the Julians or Julii.

Now as far as the other psychopath Herod goes, not very much is ever given completely decisively as to the reason the usurper Herod sets about to kill babies, but the assumption has always been that he feared some claimant appearing that would stake out an hereditary local kingship that the local public would agree with; something he did not have himself. That Herod was extraordinarily ambitious and materialistic and suspicious and ego-centric and murderous and maybe mad as well, is fairly well-attested to by most authors of the time.

Chopping down the king of trees...
An ancient tradition!

Objectively, and from some distance in history, it is very difficult to steer away from the ironical prospect that rather than a tame and peaceful god or any quiet-voiced preacher, one group of rulers feared the rise of a popularly political figure, such as an accepted hereditary king of the East, and another group feared the rise of a popularly accepted hereditary king of the West – Caesarion or any of his 'possible' offspring would have provided just such an identity, being both a descendant of Cleopatra VII the Pharaoh, and Julius Caesar.

So on one level, the Christmas Story is a highly political and earthly one. It's about babies, and the eminence of them, and the sinister interest politicians and rulers have in them for highly obscure reasons; it's about the birth of kings and popular feelings about magic and power, and days off from doing the work of slaves; it's about material expectation, wealth, celebration and events out of the ordinary; and it's about plum dough (pronounced 'duff,' as you know) and alcohol and reaching a divine ecstacy through overindulgence in food and wine...

In short, one is able to celebrate the Jesus wine and bread thing along the lines of the more typical of your Epicurean ideals – 'eat this drink this get this imbibe this, and you shall surely experience heaven forsooth...'

Well in my mind you see, it was this Augustus fellow and his gloomy follower Tiberius who started all of this austerity nonsense, for one thing, and suppression of the common good, and this accounting for every sin and crime except not of the elite's ones of course, and especially all of this forcing the public into debt for no altruistic purposes. On the other hand, by my reckoning the earthly politics of god, goes along these lines: 'take this fish and open its mouth, and within it you shall find a coin, sufficient to pay taxes to Caesar.'

Oh for a real god and a real Caesar!

Alas for the present for the most part we must make do with a fake Douglas Fir made in China, a Bitcoin and a GMO piece of fish-filler.

Personally I have been endeavouring to search for some fantastic and fascinating expensive luxury gifts to lust after or salivate over during this latest Christmas Season, and I believe I have observed that even the obvious up-scale usual places in which to find this sort of rubbish are coming up pretty short-handed on the lust-inspiring. That is not good.

What? Are all the billionaires feeling sad and bored, or lost and stale?

Or maybe just clueless and unable to get away with it ever since money itself was thrown into the River Tiber by more recent psychopathic administrators.

I wonder what threat real money poses to those in power...?

The new Rolls Wraith film clip

Yet, miracle of miracles! I have myself not made sufficient profits this year to have to pay any false Caesars their levies. There is a god afterall, it seems. My type of god of course. And a very devious sort that sort is too! But it does for me. I know I should lift my horizons to more difficult tasks in the line of miraculous interventions. A Rolls Wraith is under consideration. I shall not be leaving the girl at the iron gate though - in case my god is taking hints only from the company's marketing...!

...And by the way please leave the girl in, By Jove!

Ogilvy's Reunion

The latest sensation in the advertising world is the new Google India 'Reunion' ad., which you can catch on YouTube. It's definitely worth taking a look at. In many respects many of today's film-clip adverts are more engaging and interesting than a lot of modern day full length feature films. I guess unless producers are prepared to take risks and actually buy and pay for some new script or storyline that isn't a total re-hash of something already done, dead, buried, resurrected, gone to heaven, fallen back to earth, and then beginning a whole cycle all over again – movies are just going to go the way of everything else sucked dry by this parasitic era.

Google India's 'Reunion' ad -
check it out on YouTube

Ogilvy Mather created and produced this ad for Google and there are certainly one or two things worth noting about this agency. David Ogilvy was the absolutely nonpareil advertising guru of all time, really – the man who created the 'Man in the Hathaway' shirt concept.

The standard biographies claim that Ogilvy worked for the British Secret Service and he may have done...

But his original employers and business partners, the Mather and Crowther and Dawson families, have more interesting histories. The actuality of who in that crowd worked for secret agencies was that one of these families possessed sets of twins, who were stage performers, and who travelled all over the world, coming into close contact in those days, with the dying-out Bohemian families – which consisted of Russians, Pomeranians, Armenians, Hungarians, the Belgian aristocracy, even some French remnants of the Louis' aristocrats. It was never that these groups lost entirely the wealth they once overtly possessed, rather, the major wars in Europe, invasions, political aggression, all caused them to take their wealth underground. The word 'hotel' in French history did not quite have the same sense of a place open to the travelling middle classes, and the Majestic Hotel in Paris served as more or less, the administrative Capital of every ruler of France since Napoleon until and including Hitler.

This hotel ( The Paris Majestic) was built and owned by an Armenian who said he was a Tunisian, and it was here that the famous Sarkies family got their training in hotel management and I suppose, entrepreneurship.

Secret services to this day employ twins...

Nostalgia is a funny thing, some people get taken over by prejudices of childhood or youth and young adulthood implicit in marketing that exploits nostalgic visions and end up missing out on the rewards of the future being born.

Another old guy's nostalgic vision?

I would compare and contrast Lily Allen's latest music video 'Hard Out Here' side by side with the Ogilvy 'Reunion' ad. The Ogilvy ad relies on viewers suspending some disbelief at certain points, in order to get the emotional messages through in a short time-span – and it's getting a lot of positive response. Allen's music video is copping a huge amount of criticism, on the other hand. Her vision is probably not as kind, on the surface, to the historical subject that she deals with. Personally I find the two examples virtually equivalent. I don't think there is anything underhanded in Ogilvy's nostalgic vision, and neither do I see anything underhanded in the way Allen treats her subject matter. The public's reaction though, seems vastly different.

Lily Allen

My own perspective may have something to do with the peculiarity that absolutely nothing at all has changed in the cherished components of my life, over considerable time and through horrendous external ructions. I presume I tend to see which things are inclined to remain, and which, time and fashion are bound to jettison. I could be wrong. I'll have to wait a little longer to find out. But I can see myself nodding sagaciously to the others who waited with me... Waiting, let me tell you, is a vastly underestimated thing.

 

Fabius (the Waiter) Maximus.

Dreams And Fables... And Sables...

I re-watched this week, a fairly recent interview with the diamond expert Chaim Even-Zohar, covering his thoughts on what the future could hold for De Beers in the hands of its new majority shareholder - Anglo American Group - and in the absence of people like Nicky Oppenheimer and Varda Shine. One of the things he said as an incidental aside, was that 'big corporations and big groups like to sit on a lot of money so that they can do the things they like best – which is to use the money to give them opportunities to buy things.'

Now that is an interesting remark, and it's certainly true about what companies like to do, but it is a standard strategy that applies only when the circumstances are standard also. Which they are not now.

The opportunity for profit, say in the trading of diamonds for example, where the average price per carat is arguably a structured one (let's not go into it too deeply right now) - that opportunity is a highly privileged one that is not necessarily going to be able to function in most economies over the history of Mankind. Government direct increases to Money Supply, and the effects of past eras of inflation, allow for much more simplistic attitudes to profit opportunity than is often credited by those looking at 'success stories' such as the De Beers' one. For instance, in hindsight, is it really the brilliance of De Beers original marketing campaigns – as economic folklore credits – that created demand at such elevated prices; or, is it more likely to have been the fact that there has been so much money surplus in the hands of high end consumers due to high circulation velocities, and vast increases in Money Supply throughout the period.

So let's go back: 20th century 'standard' profit opportunities are based around the idea that premiums can deliver you profits. You pay a premium to secure a position in the beneficial outcome of a market transaction (and scale it up to maximize the results, of course), and because everyone has easy access to vast amounts of money, whether as debt (velocity and inflation effects), or as reserve funds (during this period largely a Money Supply-side factor), if you buy 'right,' almost regardless of the premium, there is simply guaranteed to be a way up or out. It's easy to look like a product development, or a sales, or marketing genius.

But in this century, last century's standard approach cannot be applied wholesale and be made to function successfully. Money velocity and fiscal policy conditions are very different.

Velocity is catastrophically low - so buying a diamond, for example, might as well indeed be 'forever' that is if you ever intended to sell it again for cash at some point...!

All of this is not to say that the perceived value of diamonds is actually misplaced in principle – and many people want to say this kind of thing about diamonds although I personally do not. Diamonds can physically last a very long time requiring very little or no maintenance, and they hold a certain amount of liquid value over that very long time, and therefore they do represent a reasonable means of establishing a family legacy that can run over at least more than one or two generations. As a commercial business though, they rely on the availability of consumers with cash to spend.



Rubellite ring from Hardy Brothers Jewellers

Yet if I were to consider some form of legacy creation that was meant to run over the whole of two or more generations, personally I would be acquiring rubellite gemstones rather than too many diamonds. Rubellite, even by today's low money velocity standards, is not expensive in the market. But that is not to say that it won't ever be...

Marketing companies say that diamonds are incredibly valuable – and this alone is not going to undermine the fact that they continue to be exorbitantly priced. But if you want to actually have a ten or twenty carat top grade diamond, the average person is simply not going to be able to afford one. But you might be able to get a ten carat top grade rubellite gemstone, even one with an inclusion that actually looks like the famous fictional Pink Panther! I don't think there's many people that realize that certain minor inclusions are prized in rubellite, unlike inclusions in other gemstones. Yes, The Pink Panther is a fictional Hollywood tale about a large fictional diamond with an inclusion that looked like a pink panther. But no, the tale is not entirely mythical, but may have been based on Eastern legend about rubellite. Frankly, if I told you what I know about these legends, you might rush out and buy some rubellite right away, stick it next to an old Arabian oil lamp and start to rub it to warm it up.

But there's plenty of time. You will want to get a lot of quality rubellite stones at $200 a carat so that you will have a treasure trove of them to sell at $600 a carat.

Put it this way, if you bid along with Steinmetz's more-or-less own diamond agent for the Steinmetz pink at $1.6 million per carat, you are going to be waiting a hell of a long time to sell it at $3.2 million per carat, unless you were using your own money; a waste of time and money you would suppose...

But going from Even-Zohar's terrific book “From Minesite to Mistress” being able to sit drinking champagne among millionaires and have your expensive friend sporting a ten carat top grade rubellite cocktail ring on her gloved hand, is the stuff of legend not of myth.

 

 

Calvin J. Bear

The 'Thermidor' Financial Market

The word for the month of July, in French, is 'Thermidor.'

And, it is from this word that the dish 'Lobster Thermidor' gets its name.

Lobster Thermidor

Well, in fact, it is a specific July that the name is derived from – the one in 1794, during which Robespierre was overthrown.

Maximilien Robespierre was a truly abominable person, who made much of his integrity and honesty, and yet who could not resist manipulating and exploiting the clamor of the crowd, for his own power-hungry ends. His time at the top of power in France was known as the Reign of Terror, a period during which almost anyone might have been executed on the strength of a trifle because of the self-serving zealotry of Robespierre in particular.

And it is with this little item of history in mind, that I wish to address the matter of taking financial risk today. Risk is of course, as you no doubt know, not about the potential of loss, but about the degree of volatility, over the expected course of any investment. When the word 'risk' is used by the less learned, and is meant by them to apply to things like race horse gambling and so on, they are actually talking about the relative 'odds' for any outcome occurring, and not about professional investment risk as such. These people are generally looking at some very very quick event, in which money might be made on an immediate expected outcome. Professional investors want to have some ultimate result averaged out over a long period, say, ten years, for example.

We might well inquire into the consequence for our definition of risk (which is the standard economics textbook one, by the way), of a Central Bank and their political accomplices manufacturing a 'zero risk' climate for interest costs and share prices.

Revenues and profits by companies ought to have the most significant bearing on share prices, but, if they don't because of Central Banking policy to support equity price levels regardless of all other factors besides the government and bank determination to ensure liquidity (by which, they really mean, 'to preserve the remuneration levels of executives at unprecedented and unjustifiable heights') – then we are being faced with a similar form of hypocrisy that Miximilien Robespierre indulged in.

Will there ever be a 'Thermidor Reaction' – which is what the overthrowing of Robespierre was called at the time – against contemporary Central Banks and hypocritical and self-servingly hypocritical, zealot-driven, governments?

On the surface, since there is no volatility, it seems that there is no risk entailed in investing in stockmarkets. But there are also no standard ways of understanding profit opportunity either, because of the artificiality of the price of money... And many people also complain about the hidebound nature of the rules and bureaucratic red tape involved in launching productive capital of any kind.

Thus, one thing is clearly rising – public dissatisfaction. And this, like the recipe for Lobster Thermidor, is also a recipe full of mustard powder, if only metaphorically.

Holy Grail?
(...why am I always posting Maserati pics?!)

If there are any of you still out there who cherish the idea of being an individual – and individualistic - money-making private investor, then you must look at non-standard ways of perceiving profit opportunity. You must abandon the standard route, go into the deep silence similar to that of a Benedictine cloister, and hope that you will gain a vision of the investor's equivalent of the Holy Grail! There are many knights on this Quest for the 'holy grail;' but like the myth, only one or two out of many will ever see it I fear. This I certainly know – no major name in investing is even close to seeing it. No. Not even one of them. Not Buffett, not Gross, not any of them. These times have found ALL of them wanting.

 

In the next post, I shall outline some non-standard profit opportunities.

 

Best

 

Calvin J. Bear

 

Risk and Incentive

I was a bit startled last night while watching a very recent interview of the Kaiser, Karl Lagerfeld..

He casually commented out of the blue that social occasions like cocktail receptions were fewer and fewer these days; almost non-existent really.

The industrialist's son,
'Kaiser' Karl Lagerfeld,
still relevant.

Well, there still are a small number of product presentations and corporate functions and top shareholders' meetings that centre around some kind of catered event starting 'not before 1 p.m.' - as the standard demands for a cocktail reception. But he may be quite right when it comes to the non-business gatherings of the well-heeled social set. Hey, who are these 'well-heeled' folk, anyway, nowadays? I'm sure I don't know...

But Karl has provided me with a scrap of incentive to go down one particular prospective road at least that doesn't look to me to be totally adventureless from the get-go, as most other things are becoming these days: entirely forgettable, dull, thoroughly boring.

Indeed I was also rather taken aback by my own response to a sudden and largely unexpected turn-around in one of my own business ventures. Filled with almost countless ideas while ever I had to stick a lot of things onto the back-burner from lack of a decent budget, as soon as the prospects of having to hand, another round of 'meaningful' moneys (has been a good long while between those...) I found myself suddenly utterly devoid of those thrilling ideas that I usually can generate from simply out of my own head, and found too that I was able to see almost nothing exciting going on around me anywhere else either. Perhaps it was the shock of having money again. It's done something to me perceptions, I think.

Spending, money – just plain spending it when you have it – is one thing but it is a very lazy thing. And it's not what I only desire to do, personally. I like to see and hear the ideas and ventures of other people, especially of those really bright kinds of people who are intensely interesting because of their intellects as much as any other attribute.

Coffee and News - a thing no more...

I remember when my own parents would attend cocktail parties – or what used to be termed cocktail receptions. You might not believe it now but back in those days people didn't simply just turn up when invited to these kinds of things, but they had this remarkable capacity to bring something of themselves that was new and different each time they went to something as swish as a genuine cocktail party. It was like they seemed to prepare to attend. Nowadays things are far less socially ornate, you might say.

Yet there is also a certain risk aversive attitude that has crept into the whole world of the affairs of humans. And a very bad thing it is too.

Actually I believe I need to begin pointing out a few of the incentives for the taking of risk. There is of course as you all know, an art to the taking of risk. And if you get out of the habit of risk taking, pretty soon you forget about all of the necessary methodology.

I intend the next few posts here to deal with present-day risk taking, incentives, and serious methodologies that work, as opposed to the folklore spewed out by stockbrokers and others who are only running promotions for their own fairly weak and contrived 'investment' products.

Circles Of Money And Power

I am absolutely a great fan of His Highness Prince Karim, the Aga Khan. He is, as you know, one of the only real living descendents of the Islamic World's Holy Prophet Mohammed.

The Aga Khan

What you don't know is that he is Greek.

The usual narrative goes that he is partly of Persian descent but let me tell you, if it is 'Persian' it is only Persian in the sense that Alexander The Great's wife Roxana was Persian; and she wasn't really Persian either but sort of Russian, as it would be now called although not at that time.

And what you also don't know is that whilst he is called the Imam of the Nizari Ismaili's (which he indeed is), his religious philosophy is rooted in genuine traditional Platonic teachings. And therein lies a most uncommon understanding about who and what the original 'Holy Prophet Mohammed' was and what this religion is really all about. Now there are things that I know about Nizari Ismaili innermost teachings that few anywhere in the world today would have any clue about, dare I say, not even the NSA!

But let me indulge in my usual Socratic irony - if I might egregiously call it that - and say that some Ismaili learned men hold that the Aga Khan possesses a holy right or privilege, to own and/or be able to befriend, the highest ranks of aristocractic Jinn, and that in fact, both he and his family have actually been photographed with Jinn females many times and that they even marry them and have children by them...

Aga Khan, friend of geniis

The secret of what I know about Ismailis is so powerful that I tell you, if the NSA knew it too, they would be able to quell all the present problems of radicalized Muslims around the whole world. But as they do not know it, I suppose we are destined for much more trouble still to come as they all blunder their ways through the minefields of religious sensitivities and cultural suspicions.

Alexander the Great, as you will also no doubt know from your readings of history, was a great horseman. And so is the Aga Khan. He has owned winners of the Prix de l'Arc de Triomphe although not on this occasion this year. This good fortune befell the Qatari Royal Family, which has also won races like the Mebourne Cup in very recent times and so their star must be on the rise, one might suppose.

Frankie Dettori is also a great horseman, and he should have been the jockey on this year's winner but apparently he 'hurt his foot' and couldn't ride on the day.

Dettori has a sore foot

And so I tell you all of this nonsense as a way of demonstrating that when it comes to big money people and big money horses and big money races, all kinds of smoke is blown everywhere obscuring what went on or is really going on and it's hard to see where the fires were or are, if any, and really, whether or not such fires might not even be from the flameless shimmer of geniis in the business in there somewhere. As you know, I do believe in geniis; they make things fall out of the sky that ought to keep flying, and other things fly away that ought to have stayed put.

Ruler Of The World

Ruler of the World... is a racehorse.

Ruler Of The World

It's owned by the world's wealthiest individual racehorse owner - if you go by only what is made through racing and breeding. John Magnier is the gentleman and he owns Coolmore Stud, which is now a global business.

Sheikh Hamdan and his Godolphin Racing, is outranked, I'm afraid, by Magnier.

The Prix de l'Arc de Triomphe - which is run this coming Sunday - is the world's premier horse race for gallopers. The Prix de l'Arc de Triomphe outranks all other races including the Kentucky Derby and the Melbourne Cup - and this year's event strikes me as being one of the strongest for a long time. The top contenders are robust and consistent racers who have the kind of fierce will-to-compete and mature skills and balance as racehorses that mark out the elite racing animal.

Orfevre

I have a firm opinion on this year's race - I favour only two horses: Orfevre (which means 'goldsmith' in French), and Ruler Of The World, Magnier's horse. These are two of the best conformed Derby horses you will ever see, and they have speed, strength, boldness, courage, racing skills, flexibility, and stamina. This will be a good race and worth watching to see what real horse racing is all about.

Donnelly River by Walkinshaw Performance Vehicle

In the 'general' area where I live, I have access to some of the best fly fishing rivers anywhere in the world. These places are almost completely unknown to outsiders. No one ever talks about them much except for a handful of aficcianados who have the money and the time to come all the way out here to fish.

Donnelly River

Most of the year, these places are extremely cold.

Yep. This is Kentucky

Well, hey, so's a Kentucky fly river for that matter so what the heck!

Me, I haven't actually fished for real since my teens I suppose. I jumped pretty quickly from the Marine Base jetty on Penang Island, catching smallish rock cod, to the bowling green turf of Belmont Park (Western Australia) in order to catch bigger fish with silver bait...

Anyways, I don't believe Dick Cheney has ever fished the Donnelly River over in these parts, but then again, I can't be sure about that.

It's not much of an out-of-the-way item to have ex-SAS people and the like, especially, these days, ex-South African BOS intelligence guys – be handed meaningful budgets to organise high-speed road transport of a 'standard' in order to ferry VIP's to parts undisclosed, very quickly hither and yon, and then back again. From what I understand, it is to the Donnelly River area.

Walkinshaw SS V8 Supercharged

I must say, that the choice of the latest Holden SS Walkinshaw – in all black – is a great choice.

Someone might be able to tell me whether this vehicle is some very direct variant of a Chevrolet, or whether it is something predominantly coming out of the Holden design bureau. The build quality is utterly something I have never before seen on Holdens although they have not been too bad recently. Yet this is exceptional. It is also very fast, very handlable, very luxurious inside, and looks quite different in real life compared to the pics available just yet. It is smaller than the photos would suggest, lower to the ground, and the chrome looks like, well, real chrome. The sound is awesome. The look is brilliant.

 

 

Go this way...

In this: 

 

 

 

Why the hell not?!

The Form, The Substance

I have a lot of time for practical scientists and applied scientists. I think that Luca Turin is one of the very finest minds of the last few years. He has peers in his chosen field, and some of them are women, and you may be very surprised to learn what things these people discovered, invented, and often also developed into commercial success-stories and placed into common use in all of our daily lives.

Industrial chemist Luca Turin

You know, people talk 'billionaire' a lot in places like Forbes and on Bloomberg television, but seldom do they ever these days expose the true billionaire of practical and applied science that is not directly linked to just electronics and computing. Who knows, for instance about the certain lady who invented the lemon scent we all assume (incorrectly) is actually from some kind of extract or synthesis of real lemons and that we find in basically all of the household bleach, washing detergent, room fragrance, and even lemonade drinks and packet food products? She gets a royalty from every single product sold that uses her patented chemical and believe me, she is really a billionaire and now owns and lives on an island in the Mediterranean that has a fairly meaningfully-sized industrial chemical research laboratory and research facility on it. She is not listed on any so-called 'list of billionaires' or 'richest people,' but she certainly is that.

Luca Turin has been reported in leading journals as having recently made several new (he has made some previously!) breakthroughs to do with a more complete understanding of the neuro-physiology and also neuro-chemistry of how we sense things with our nose and tongue.

Turin is, apart from being a very clear thinker, an excellent writer and speaker and presenter of complex ideas, but behind him stand some Russian research scientists that he works with, as well as some of those women scientists of whom I spoke about earlier. To cut a long story short, the Russians visually are a rather dishevelled looking lot and Turin is as stylish as the city whose name he shares.

The Pope of global wine-tasting,
Robert Parker

Far be it from me to say that someone of the public stature of Robert Parker is a charlatan, but ordinary common sense ought to suggest to one's mind that nobody can 'smell roasting violet petals' from out of the chemistry of a red wine, for one thing simply because there is no odoriferant molecule developed by the wine that will create that smell compound! Either people are halucinating, or there is something indeed very chemically mysterious about red wine! But for someone like Parker to continuously say that wines have this or that bizarre non-wine scent or essence or flavour – when no such thing is scientifically possible – is grounds for me to look sideways at him, and everyone like him. Okay, call me an atheist of wine tasting and lump me in the arrogant, egocentric, and opinionated wonderland of people like Richard Dawkins when it comes to smashing people's cherished sillinesses that they insist on clinging onto, even in the face of facts that utterly disprove what they are saying. Oh I know it's oh so desireable to be able to opine intelligently about what bouquet the famous and expensive red wine you bought is giving off, but brothers, it just aint so!

No no no. Something else entirely is going on. Oh yes yes, you are sensing something – but it's not what you think it is.

Here's the rub: if you do what Luca Turin says, or what one of his Russian researchers says, about how you should go about tasting wine – suddenly, what you will experience is enhanced by a factor you would not have dreamed of beforehand. But if you do what Parker tells you, you will go away (albeit possibly not telling anyone else so) that alas, if the Emperor had no clothes you dared not suggest it be so, so esteemed is Parker and his ilk.

But they are wrong. Misguided, at best and entirely wrong anyway.

That a multi-billion dollar industry has grown up around the mythology of wine-tasting, is positive proof of the total lunatic behaviour of Mankind whenever its rational good sense is able to be distracted by brain chemistry rewards to do with material sensations.

Form and substance are of course not always simple or straightforward antitheses.

Out Front of the Royal Horseguards Hotel!
Horse and guardsman look great,
but it's an hotel for gawdsake.

Look at this picture. The horse and the guardsman look fantastic. But where is the substance? Is the building behind them just a modern era hotel? And if that building once housed both MI5 and MI6, do the current era vestigial and corporate memory custodians have secret private pretensions they whisper to themselves about, behind cupped hands over sly mouths...

You may as well say The Dark Ages of Inquisition and public damnation and political and financial rapine are the spirits that rule the air.

Luca Turin is a rarity; he both looks stylish and is someone of great intellectual substance too.

There are a lot of people today and a lot of groups and let's say 'entities' both corporate and governmental, that can wear the billion-dollar marketing and hype label. A lot of things have their wires crossed in the world today. There are billion-dollar machineries of government and private interests crossing over each other's traces and getting themselves and a lot of other people twisted up in the entangling lines.

The big fish are still in the seas, though. I would fish away from the big boats, and cast your lines far away from theirs... There are too many problems where the bigwigs are; too many problems among themselves, too many blow-in pretenders who actually come close to being bigwigs anyway because of the way modern finance behaves, too many bigwigs who are only big any longer in outward form with little or no substance beneath. And far too many cops and ex-cops who work for private money but who still have access and sway with government agencies despite protestation by politicians that it isn't so. It is so. Half the world's current armed conflicts are to do with programs that governments have lost control of. And you can't trust that lawyers and judges will resolve it all; things get 'stopped' well before revelations can get before an independent authority.

 

Stay well away. It is bound to get nasty now. I would say. Go fishing maybe. In some distant and despised stream.