We’re seeing some good progress toward a clean Reset; the war in Southern Syria should be finished up within a few weeks and then we’ll get to witness the fate of the Kurds. That’ll be interesting.
And, turning our attentions to the diamond trade; we’re seeing big changes.
Over a century ago, our main man Cecil Rhodes was instrumental in the making of this market. And with the help of Rothschild financing and oversight De Beers enjoyed monopoly status.
Problems emerged in recent years with increased supply via Russian, African and synthetic diamond vectors.
These supply vectors negated the strategy of buying up excess supply to create the illusion of scarcity.
Thus, a new strategy was fashioned:
First, the diamond exchange in Israel was busted up by police investigations of money laundering and fraud. Then, the political elite in Israel refused bribes to make the investigations go away. Honest pols?? (Hardly, they’re order takers.)
This setback forced diamond traders to move their operations to Hong Kong. And then, around 5 weeks ago, all bank accounts of diamond traders in Hong Kong were frozen on the same day.
Only HSBC in Hong Kong is letting them stay alive, for now 🙂
And for the killer blow, in September this year, De Beers will begin marketing “conflict free” synthetic diamonds; including colored diamonds! What progress toward world peace? which is what Cecil wanted all along.
These moves by the Elite should wipe out the middle men in Israel; eliminate mining costs and fully rationalize and remake the diamond market.
Top job Bankers! 🙂 The pain will be felt in Israel, where the trade accounts for a nice fraction of exports and thousands of jobs.
Now there is a reason why diamonds are never mentioned in the Philosophy of Capitalism series: they are not a capitalistic instrument and should never be stacked. Going forward, prices should collapse … you have been warned.
And Brexit is deserving of a mention.
I’m really happy about this “process” toward annihilation; it is in sync (beautifully) with the strategies discussed in The Reset, volume 3 of the series.
The dumbass Brits have happily voted to limit their ability to leave their little island; so when the Reset happens they’ll be stuck with nowhere to go 🙂
Hmmm … Should be fun.
I’ve got my surround sound 4K TV and popcorn ready: pull up a comfy couch and let’s watch! The ducks are being lined up.
Putrid loves you.