Bombay Basera Dubai - Authentic

Okay so Tao just posted a comment about what is authentic in today's world. And this is pretty much, more or less, the theme I was on about.

What is authentic?

And which part of 'wealth' is authentically entitled to be included in there, in that term?

One of our friends and occasional contributors travels to Dubai for business and in Dubai you can encounter all kinds of everything related to 'wealth.'

From the Bombay Basera, Dubai

Certainly if you go or stay at the Taj Hotel in Dubai you will be in the lap of luxury, but it will be a Westernized form of 'fusion' modern culture and luxury. And this is not going to give you what you might be really interested in...

For example, I suppose everyone knows that if you order a korma from any Western-located Indian restaurant it will be 'spun' for the modern Western taste expectation - and consequently it will be full of handfuls of plain white sugar!

So if you are ever in Dubai, try the Bombay Basera Restaurant at the Residence Hotel, rather than the Bombay Brasserie at the Taj. The Basera is an absolutely authentic Indian vegetarian restaurant which also does very good Mediterranean-style vegetarian dishes.

Authentic Indian vegetarian food - and I mean authentic - is truly exceptional and delicate as well as flavorful. And probably it's a form of 'food medicine' with respect to the genuine spices in it. 

Silence Of The Constellations

The Constellations are not silent. The problem is that the brains of most human beings are not sufficiently tuned to the sophistication required to match the high harmonics that reach us from that far away.

Tragically, much of the world today is consumed with 'necessary' tasks, 'urgent' matters, 'vital' and 'important' but in the long run utterly meaningless time-wasting expenditures of human energy which dramatically decrease the numbers of neuron connections being used at any one time, and therefore lessen the complexity of neural networks in the brain.

Now next week, when you have a lot of money at your disposal, you can slow down from what you are doing today, and push back in your soft seat a little, and turn up the capacity of your brain and of your mind...

Perhaps you can think about Jo Lewis, the high end luxury and styling design manager for McLaren - and how she has turned a monster supercar into the only genuine 'GT' rival to the latest Aston Martin Superleggera. There are still a tiny handful of brilliant Brit designers (in different vogues, certainly) left today - Roja Dove, Antony Price... ...and Jo Lewis. (The 'Jo' is a female 'Jo,' right...)

McLaren designer Jo Lewis with pure cashmere

And you can kick back and listen to Rachmaninoff's 18th Variation of a theme by Paganini. 

Or Donovan Townes' 'Autumn's Fall.' Townes goes by the stage name of 'Z8phyR.'

I am not, trying to hypnotize or brainwash you. 

Because none of you have asked and it would be extremely impolite to just go ahead and do it.

Let's Look At 'Stablecoins.'

Okay so one of our friends here posted a comment in the last article about some news regarding gold and/or silver-backed crypto-currencies. The proposition of such blockchain-structured 'coins' is that by using various proprietary algorithms, these kinds of crypto-currencies are far less volatile than all other digital crypto-currencies - and moreover, most of these 'backed' digital crypto-currencies are tied directly to gold and/or silver, either through blockchain verified contracts tying the particular unit to movements in gold/silver, or in fact directly to some form of actual gold and/or silver holding albeit usually it is the typical 'fiat' style 'hard-core ratio' procedure that is being employed to provide the 'backing.'

On the surface of these affairs, it would seem that the 'value proposition' is that volatility is bad, and that 'stability' is the reverse of it; aka 'good.'

The future is an idea...

Now you're quite welcome to believe that if you choose. Without doubt, if you buy something at yay 'high' price, and it drops to yay 'lower' price you are experiencing a condition assumed to be the same as 'volatility' but which is a very negative part of a 'volatility' trend-line. 

The other kind of volatility is one that expresses many relative 'ups' and relative 'downs' but in an over all clearly 'up' trend-line over some considerable period - this is also 'volatility' but it is a very likable kind of 'volatility.'

Now...

Going back to something said earlier though quite recently: there is the figure of '20 Trillion dollars' being bandied about these days. 20 Trillion is the size of the US Treasuries 'market.' And it is the single most important reason that the USD remains strong, powerful, and relatively much higher than other national currencies.

See the future is expressly not technology - that's a 'fantasy' OF the future.

The total value of available gold is possibly one quarter of this figure in dollars. I am told so by Nik Bhatia anyway. In all events it is much less than the US Treasuries on issue and logically relatively supply inelastic - whereas Treasuries are, well, they certainly have been, apparently 'of a limitless supply.'

On the surface the naive observer would say that Treasuries have also appeared to have been experiencing an equally unlimited DEMAND. And that is as you all well and truly know, utterly untrue, since these issued 'monies' are being 'bought' by other 'monies' which are simply more 'new' US Treasuries issued either to the Federal Reserve Banks or directly to banks to create that 'demand' for the 'older' Treasuries. 

Nobody in central banks or their under-ranking commercial and retail banks are buying either gold or silver; not really. Okay the Russian government is but that is all.

So the gold market - the precious metals market - is not going to rival that 20 Trillion dollar figure any time real soon.

And if BitCoin were to rival it, it would need to be 1 million dollars a coin.

Aw god, I got told to remove some of the stuff I had posted in this article...! So I just did. So this next bit was not what was here over the last 24 hours.

Anyway...

Silver is certainly a highly favored thing in the Middle East because it was and still is, the main 'old school' form of serious monetary wealth there. 'Riba,' the Arabic word for the process of interest-bearing coupons from which all modern Western 'money' derives, is understood in the Islamic world to be a form of usury, which is 'haram.'

Standard explanations and descriptions of 'stablecoins' use words like 'peg' and 'collateralized' which were very traditional words and concepts applied to money.

In order for these words to be describing anything real, things like actual sales and actual trading and actual buyers and actual demand need to be materially 'there.'

And if those kinds of things are really not there, then you have a catastrophe in the making, and you have a paper-thin facade of something...Everyone in central banking knows it, and they have known it for years.

...And they have a pla-a-a-a-a-nnnnnn. 

So Are You Ready?

If you are at all 'sensitive' - the slightest bit 'sensitive,' to 'language' and challenging things - it's best to turn away now.

This is going to 'take you places' you don't necessarily want to go to, because going there even the one time is going to change your life forever.

Okay?

https://www.inkitt.com/stories/thriller/369948 

So watch it. Watch your step from here on in. That is, if you go in... 

Now I promised a friend and a colleague some links to some Eastern European ASMR video clips - and these will come later. They are also simply mind-boggling. What I really wanted to do was post a video clip of the English singer Morrissey, but I think it is way too challenging for right now, right this exact minute at any rate. It's in context of one of the chapters in the book linked here (happens to be Chapter Fourteen - 'My Interlude'), which contains a reference in the text to a live version of one of his (Morrissey's) more 'Shakespearean poetry'-type songs. I will have to explain things about Morrissey that none of you likely are aware of, and could easily mistake if you watch the clip for the first time: this band and the lead singer are highly choreographed and absolutely nothing you see is as 'impromtu' as it seems to the unenlightened observer. Morrissey is also a trained Chinese martial artist, something that is rarely talked about even in his press releases. 

But not for now, not for your young and tender ears just yet anyway, I would not have thought. I think I still have to ease you all in (well, most of you...?).

Don't jump at the first impression that you get - that's the lesson or at least the message. 

Kindergarten stuff for you just yet...

Why Money People Appear 'Cold'

Most people involved in the business of money and capital mimic what money itself does - namely, they behave like an anonymous proxy for everybody else's needs, wants, and desires.

And so, they do the best they can to appear as non-prejudicial as they possibly can; they are 'fungible agents.'

However there is a problem with that, a problem that only appears when there is or there is about to be some huge, historic, massive change in something critical to the usual operations of markets: when there is a broad stock market 'Crash,' there is little point pretending to favor listed securities ahead of cash at that particular moment... And for another example, bankers in the Weimar Republic during the period of hyper-deflation under Chancellor Heinrich Bruning who supported the Mark lost everything, even though technically, they 'owned' everything because it wasn't that their loans were not collateralized!

In other words, if everyone gets into the same sinking boat, and none of them can swim - basically they will all drown (IE you try to be all things to all people during such times and you will find out the consequences!).

Being a 'fungible agent' in capital and money means being 'all things to all people.' But you see... ...people are mostly quite stupid; they're not smart, they're not even close to it.

Halloween's coming - you know, that witch-y time.
Time for all the real magicians to show their hand...

Everywhere I look now - and I mean literally everywhere - all I see are commentators bewailing various yes, clearly problematic aspects of present monetary and economic conditions, and yet all of them are doing this kind of thing: this is what they say maybe not is so many words, but - 'show me the PROOF of why such-and-such is going to occur, and THEN I'll give you my approval...'

People are still thinking about things in terms of 'Crashes' or a major banking and equities collapse or large-scale debt defaults. What will happen is that WHEN the thing actually 'unfolds' in one certain particular way, THEN they will all have a thousand reasons (as analysis in hindsight) once again commenting, on WHY it happened.

And yet it's so obvious what is going to happen.

You may have seen recently the sum of 'twenty Trillion dollars' thrown around in commentaries and the general media too, and personally I saw it used to describe some amount of money which 'disappeared' through government mismanagement or worse...

Twenty Trillion dollars is the value of the US Treasuries market of issued money 'obligations.'

'Old school' - or, Classical?

If asset deflation takes shape with this amount of money out there 'somewhere,' we have ourselves a 'Weimar moment,' so to speak.

But asset deflation is certain if interest rates go to zero or negative through Federal Reserve policy (monetary targeting). That's because it is cheaper to sell assets, buy bonds and have them bought at a premium by the US Treasury, and then repurchase the same assets, sell them again and so on.

This is not going to happen because everyone in government and economics and in central banks knows the history of Germany and the World Wars and the Depression. If there's a way for them to cling onto their power and their lifestyles they will do it.

So what do you think they are going to do?

LOL

I mean you can be as technically smart and well-informed and up on all the facts as all get-out... But if you are not able to feel emotionally (in your gut) that all of that is just a pile of nonsense in our present circumstances, if you are a commentator, you might as well shoot yourself in the head because you will be telling a whole bunch of follow-the-leaders, stuff that will appeal to them because it has all the boilerplate of 'facts' and 'sound,' 'rational' thinking and 'skepticism' about 'risk' - and you will be sending them broke and worse in time.

I can tell you exactly what is going to happen. There are many many people who would not believe me if I said it. And I would never produce that many facts and figures to support my prognostication.

The people in financial power are desperate right now and desperate people do desperate things.

Don't think I can't turn water into wine, because I can; nobody asks -
because they don't believe.
Here's the problem, see - if you are a fungible agent, well, people don't want the wine; they want
the money to buy the wine, but even then, they probably won't buy the wine.

But you will st-i-i-i-i-i-ll read and hear idiots repeating the same old drivel responding to something that happened five minutes ago, and telling you the consequences of those events that are likely to occur five minutes thereafter-wards.

There is nothing anywhere from out of history that can be used as a template for what is going to take place over the next year.

If you are patient and 'hang in' with what we are doing here, there will be a way to just quietly tack yourself onto something that will survive the present mess the idiots in governments and banks bequeathed to us and by 'bequeathed' I do mean they are already dead meat.