Beauty In The Midst Of Ruination

I constantly wrestle with whether or not I'm about to be irresponsible here on occasions. Just now I deleted a whole segment that I wrote but that I eventually decided, well hey, it's just not worth talking about any of this stuff. It's all so boring, really.

In short, I may summarize the deleted content by saying: 'you say Vallauris, and I say Puerto Banus...'

Says 'parody Tai Lopez': 'this is my new
Lamborghini - it's fun to drive it in Puerto Banus...'

Put it this way, if you think logically about some stories floated in the media, and by the media, sometimes they just plain don't add up to what they're meant to look like on the surface.

Over the last at least a year I have decided to go down a different path from what most people are treading in open public and even private, but topical, discussions.

To some extent I endorse the innocence of people like Tai Lopez - he's good for kids starting out. 

But I mean, I suppose if there are any readers here who are not that young, and not that naiive any more, they will want some meat and potatoes.

So let's talk gold 'for reals...' There has been a lot written about the matter in recent days, due to the drops in its price from this 'stuck' range of around $1200 - $1,300.

Gold is the physical central point denominator of per unit exchange value for the whole entire economic vista. And that is all it is, or what it is. China quanta of capital values down, the mid-point of all economies also down. 

Gold is not meat and potatoes of 'investment;' it is the cherry on the icing of the dessert.

A woman with substance

Investment is juxtaposition. The picture looks like one thing, and you find a discount on the surface obtaining value and invest there.

Sometimes, the use to an investor - or a buyer - of something, is to yourself alone. Hunter Valley wines are some of the greatest wines in the world today, but not that their prices will suggest it, and nor, necessarily will their future prices show the truth of it in hindsight. No. Propaganda and hype dominate the modern world, and will for some time to come. But substance, the 'meat' so to speak, cannot be the propaganda of anything.

It's an old investor adage - 'buy low, sell high.' But I say 'buy great and hold or use.'

Use is what makes something great.

Yes, power is great in certain contexts, and yes big money gives one power. But power... is force into mechanical balance, and sustained action is the absolute effect, of power.

Sometimes if you don't terminate a small force, which is in perfect mechanical balance, you'll pay a price if you ever need to oppose it later on, once it has cut vast swathes into your cloth.

A friend of mine once opined: 'you can't change it, money and banking and finance are the very fabric of society.' To which I laughed and replied: 'alas that is not the fabric you are looking at, my friend; that is the wing of the moth that has already eaten through the fabric a long time ago!'

And it works all ways. You can cut through the fabric of bankers too...

A prototypical Australian winery/restaurant scene.
King Salman doesn't drink Shiraz.

First you need to know what is great. Bankers have no clue. Neither do politicians, nor does the NSA nor the Israeli government nor even self-radicalized islamists, nor American theatre shooters for that matter...

But you do know what is great. Just don't let other people's hype or propaganda dissuade you from your path. They're all going straight to hell in a hand-basket. They even know it too but what they are doing is addictive. Watch out to step out of their way too. They're all going to be moving around like drunken sailors from here on in.

The Hunter Valley

Hunter Valley wines in Australia are famous for their quality. They are respected as much as the Big Barossa Reds, or the South Australian classics. The Hunter Valley is in New South Wales.

Tyrrell's shiraz -
absolutely glorious

The Australian bushland virtually in any State has a timeless, rather than a 'merely' ancient, feel to it. There is tremendous authenticity about products made in the country regions - and even where modernity has entered into the structures and the lives of people living in those regional 'country' districts, sheer distance and remoteness has served to maintain people's use of locally-available raw materials and traditional craft-skills.

Snow is everywhere in the high mountain areas
of News South Wales right now

At the same time however, it is not until you have witnessed life in such remote places first-hand, that you begin to appreciate that luxury is just plain not an invention of cities, and nor is it limited to Milan or Paris New York. In some peculiar, almost metaphysical way, the Australian Bush and country regions, or the 'Outback,' has more in common with Florence, than San Francisco does or some other similar large and modern city with claims on luxury and style leadership.

And it all has to do with authenticity and genuineness.

Cobb and Co was a great Australian transport company a hundred years ago, which was started by American businessmen partnering with local Australians. Today, the name still adorns products manufactured using traditional standards of quality and materials.

All those 'old rich' bywords of traditional luxury - leather, wood, rabbits felt, brass, and even gold and silver - are still available in products made and used in the Australian Bush lifestyle. And 'lifestyle' remains an authentic word in this respect, because there are many people in Australia who still live it in some part in a true sense - that is, genuinely; without affectation. 

Send something in a leather and gold envelope...

There is absolutely nothing genuine or authentic or stable or certain or reliable about so much of today's world. 

There are some people who know this, but not many say it, probably because they will not be believed. Parts of Australia exists outside of time itself, and in those places, you will find the extreme far distant past alongside the far distant future. The 'reach' of human mind, goes all ways - into the past as well as into the future, and can become lateralized across the ambit of present's multidimensional spectrum. The mind is juxtaposition in its best form. But it is also authentic. Remember this, the human mind is authentic, and real. It is not a fantasy, even though it is fantastical, and it is not to be trifled with by lop-sided weaker minds whose obsessive materialistic grasping nature is the result of innate inadequacy, and not power, strength or resilience. There is a time to be glowing with wealth and riches, and there is a time to Winter down. That is, the great secret of gathering authentic wealth in first place. For a flower that blooms in a day, as soon fades and is gone. A day, is but a short time to the gods and to eternity. Mastering the secrets of Time, is a shamanic ability. But this one simply must do, in order to fully understand the day and age in which we all live right now. 

Lightronix - 'Reach' 

The cost and value of things, is not observed sufficiently closely by too many belonging to today's outward world: time plus effort comes at great cost, while instant gratification has a high value. One of these things is fixed and real, and the other, is a movable matter.

Essential beauty - or the essential quality of beauty - can exist in the juxtaposition of ruin and epiphany.

'Money' A Political Construct

I heard a fascinating phrase on a radio program this morning in relation to a quite separate issue - and that was 'political construct.'

The issue being talked about was whether carbon credits were anything other than political constructs at the moment. A fair enough point.

It's snowing in New South Wales right now,
very heavily.

But it drew me to thinking about the present Euro-zone disturbances in the general harmony in terms of the euro currency being a political construct. There is no advantage in arguing about the relative practical usefulness of the euro as money - it is an adequate kind of money for quite a number of purposes, even though it is terribly and possibly terminally flawed.

And then again, yesterday, there was Peter Schiff on an RT panel talking about the gold standard and if it might ever again be adopted somewhere. 

Today, in 2015, what does any Western or developed government really need to buy? Only the support of, and protection from, its own citizens. It doesn't need to go out to some far flung foreign land and buy anything it needs. America owns effective supply of oil and energy via its military hegemony, and China supplies everything else and doesn't need to buy anything for the welfare or wealth and lifestyle of its people. Thus, anything will do as a general government currency because there is no actual trade or mercantile-ism.

We individuals, however, are not governments and we have no means of exerting equivalent power to those bastions of institutional power in the world today - there are no principles by which such bastions are guided which empower the individual. And that is why we, the individuals, need gold. It's for ourselves and our own trading, especially any individualistic, exotic, trading.

What does the messenger carry?

There will never be a day when governments enforce a law against private ownership of gold, and people fail to perceive that when it was attempted in the USA in the past, there was a massive, one again, political construct going on, that the wider population bought into that permitted the restriction, to do with freedom and liberty against European colonial essays or otherwise, various fascist tyrannies and ideologies. 

The world is entirely too wide now, for that kind of thing to be successful anymore.

A lot of the discussion over precious metals is very misleading. It might occasionally be a good investment but that is not the main point of owning them. Buffett tried to compare owership of gold with ownership of some productive financial asset - showing once again, that he is not his mentor Benjamin Graham. The insane risks being invited upon today's investor, to buy into Microsoft or Walmart or Uber-lite or some other fanciful financialised idea presented as a business, are way beyond what is rational. Despite the appearances of high gains, these investments are diabolical. They do not compare in any way with what small individual money can buy or trade on an old-school merchant basis, and make a profit on. 

Seriously, WTF

I think the recent - or current - media interest in whether or not (in my view when) Greece will Grexit the Euro-zone and euro-money system, is overstating the importance and the possible side-effects or consequences of the matter.

"Ask da bagman, where did he put da money..."

Yes there could be a complete destruction of the whole entire Euro edifice including the euro currency system itself because of the Greek template for the re-assertion of national sovereignity and democracy but fundamentally even that in itself is not going to stop the issuers and the creators of the 'euro' currency from doing whatever they please in financial markets. Which was and is the issuing of large nominal amounts of 'money' with debt as its backing and the supposed production capacity of Germany as its 'credibility.'

Money with credibility

The word being used to excess by the Euro Committee is 'credibility.'

What I mean by 'overstating' is that none of us should worry the least about any personal consequences. Governments cannot afford for problems to trickle down to the voting masses to the extent that their own existence is called into question as to its relevance. Governments are needed to stave off the rising tide of islamic extremism, religious intolerance, pandemic disease, guns in the hands of lunatics and truthers and doomsday preppers who have gone 'the full Johnnie Rambo...' Oh and of course not to forget the havoc climate change is about to unleash on those not protected by BB.

In short, nothing of any greatly negative import is going to happen to any of us.

Not from a Grexit. Not from BRICSA. Not from a nuclear conflict near Israel. Not from an arms race involving Iran and Russia.

Nope.

A bubblegum token

These are all just essays in trying to make the sale. Selling something, anything, is the lifeblood of enterprise capital, and I wish them all good luck. Not a lot IS actually selling these days. Anyone who can make a real sale gets my approval.

Trust, credibility, security, financial solidity - all these things spring from principles and ideas, not from bureaucrats or technocrats and the media's dribble.

Science comes from understanding the origin of the triangle, not the origin of the Universe...

And exchange - monetary means thereof - stems from universal liquidity of the token, instant and unimpeded and un-conditional transferability and real market risk pricing of the purchasing of debt.

But when the snow falls, and the stagecoach is still up on the high mountain pass, there is a reason why Werner Herzog had the miasma mark the point of separation between the lower earth and the upper ether of Count Dracula's world.

Snow is falling in Tenterfield, Australia right now

Never a truer word was spoken than that those who fail to learn from history are condemned to re-live it.

This time, it will be more than six million Jews. But it will be at least that many and people should mark my words. This is where we are heading, there is no way back now, and any thin smile on the face of some fool in the Euro-zone ought to be seen in the fading light of common sense, as the usual thugs in black flack-jackets and boots buttress the same evil that takes centre stage time and time again. The worst, the worst villain - is the man or woman inside that black uniform. Without them there would be no criminal elite trying to pretend a bubblegum token is money.

Follow The Money

Okay this is another one of these posts that has to be rather obtuse.

What I simply want to do is point out one of the handful of billionaires in the world today, who are part of a pretty select group of people. These are the minds who were able to make, quite literally, hundred of billions, and over all, trillions, of dollars from around 1997/8 through till about 2008, when Lehman Bros., collapsed.

Kind of like a real life Gordon Gekko,
this is the billionaire Noam Gottesman

Bearing in mind that even from as early as just after the '89 Stock Market Crash (which was a real one), many markets had closed and never re-opened. Many types of financial market closed. People now tend to forget also, the so-called, at the time, 'Big Bang' in Europe, during which national Exchanges gave up their sovereign rights of management and issuance of capital through equities listings, to a Brussels and Frankfurt central committee. You would have been hard pressed to find an authorized market 'hedge' against an as-yet non-existent capital market and currency. In other words, Soros held what, exactly, versus the GBP? Not gold certainly. There has never been a published report anywhere suggesting which investors he bet against, which funds lost to him, and in which brokerages any trades were done. Surely such a brokerage would have reaped some fees. He wasn't a floor member of the LSE. How did it all happen? Presuming it happened at all.
  
But one of the striking things about the people who made billions around this time, is that they are all generally referred to in the media as 'hedge fund' managers or proprietors. The plain fact is, when you look at any of the data and available information about what positions they ever held, or what investing strategies they had, none of them hedged anything. The actual real hedges for their locations did not even exist in the first place at that time. I know. There were silent capital controls all across the world, even in the United States via massive and complex documentary requirements, that prevented any kind of rapid transmission either of investment position or cash and liquidities. 

What was really being talked about, when it comes to the 'successful' funds, was that on the surface, all of them were able to have massive leverage from some source no one ever talks about. And by that I mean that no actual leverage was ever reflected in audited statements - what happened was financial paper, usually contractual, was held over some 'asset' and this contract became the financialized item, and the mechanism through which a value was assigned to something on a balance sheet, most of which balance sheets were actually completed and signed off well after proforma accounts were reported and which were permitted to serve as the accounts for a very long time until some future event turned the 'asset' into a realized financial position.

In the case of Lehman Bros., or for instance, the insurance contract on the World Trade Center, only after a formal bankruptcy of Lehman's, did someone walk away with a set of clients who originated from Lehman - and then absorb at no cost, that client list into their 'fund' - and after the insurance court case many years later, did a multi-billion dollar financial asset turn up on the books of someone with no other asset or means and reason of business.

So it is not correct to call any of these groups and people hedge funds or hedge fund managers. They did not hedge any base capital against some adverse movements of a market or market condition, and in most cases they never had any capital at all of their own to hedge in the first place nor any client' capital either.

No, they merely walked away with the furniture after the bomb hit.

Well, no. Actually, they started walking away well before the bomb hit. 

Now I'm going to enter upon very problematic territory here, because what I am about to say, were it generally to be seen by the ordinary media and the large spectrum of public commentators - and that includes anyone too now who can post onto a YouTube response section - would be seized upon with a force.

For reasons that are unknown to me at this present moment, this body of genius hedge fund manager has been directly financially involved in sponsoring the recent 'gay equality' rights process which unfolded in the United States, though not all of the people are themselves gay, but I would say, easily ninety per cent of them are by self-claim.

I cannot ever divorce (lol) the motivation of money with these people, from anything they do as a group, and not only that, it is usually massive amounts of money that will end up being talked about.

Some great aesthetics here, but I know
some gay males who disagree;
except not Bruce Jenner

I do not know Jan Wenn the owner of Rolling Stone Magazine personally but I have a lot of time for his integrity when it comes to his public politics - I'm not so moved by some of the magazine's aesthetics from time to time, but then, that's not the point. For I do, on the other hand have a lot of time for the aesthetic capability of Roubi L'Roubi the owner of London's Huntsman of Savile Row, whose current marriage to Pierre Lagrange places him firmly within the circle I have been referring to in the paragraphs above.

And I am going to tell you this too: not everyone whose name contains a 'le' or 'la' in it, are actually using their birth names, which can tend to be markedly less exotic. 

Her husband Jay-Z is a good friend of
Noam Gottesman

So I cannot say I am speaking against gays, as such, I am indeed not. But I am suspicious we are actually talking about gays in the first place here... Regardless of what they self-state.

And I know few will agree with me on this.

Nope. Indeed few will agree with me, I'm sure. However I would suggest that you keep your eyes opened and your wits about you over the next twelve months or so. Especially if you turn up at the wrought iron gates of a massive house in up-State New York or Hampshire, England, and you have brought along with you, for some absurd or unexplainable reason, a rented tux and cape and a domino mask or a Venetian one.