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<\/a><\/p>\nUnlike Deep Purple\u2019s legendary \u2018Smoke on the Water\u2019 \u2013 \u201cWe all came out to Montreux, on the Lake Geneva shoreline\u201d, the 67th\u00a0Bilderberg group meetings<\/strong><\/span><\/a> produced no fire and no smoke at the luxurious Fairmont Le Montreux Palace Hotel.<\/span><\/p>\n The 130 elite guests<\/a> had a jolly good \u2013 and theoretically quiet \u2013 time at the self-billed \u201cinformal discussion forum concerning major issues\u201d. As usual, at least two-thirds were European decision-makers, with the rest coming from North America.<\/span><\/p>\n The fact that a few major players in this Atlanticist Valhalla are closely associated with or directly interfering with the Bank for International Settlements (BIS) in Basel \u2013 the central bank of central banks \u2013 is of course just a minor detail.<\/span><\/p>\n The major issue discussed this year was \u201cA Stable Strategic Order\u201d, a lofty endeavor that can be interpreted either as the making of a New World Order or just a benign effort by selfless elites to guide mankind to enlightenment.<\/span><\/p>\n Other items of discussion were way more pragmatic \u2013 from \u201cThe Future of Capitalism\u201d, to \u201cRussia\u201d, \u201cChina\u201d, \u201cWeaponizing Social Media\u201d, \u201cBrexit\u201d, \u201cWhat\u2019s Next for Europe\u201d, \u201cEthics of Artificial Intelligence\u201d and last but not least, \u201cClimate Change\u201d.<\/span><\/p>\n Disciples of Antisthenes would argue that these items constitute precisely the nuts and bolts of the New World Order.<\/span><\/p>\n The chairman of Bilderberg\u2019s steering committee, since 2012, is Henri de Castries, former CEO of AXA and the director of the Institut Montaigne, a top French think tank.<\/span><\/p>\n One of the key guests this year was Clement Beaune, the European and G20 counselor to French President Emmanuel Macron.<\/span><\/p>\n Bilderberg prides itself for enforcing the Chatham House Rule, according to which participants are free to use all the precious information they wish because those who attend these meetings are bound to not disclose the source of any sensitive information or what exactly was said.<\/span><\/p>\n That helps ensure Bilderberg\u2019s legendary secrecy \u2013 the reason for myriad conspiracy theories. But that does not mean that the odd secret may not be revealed.<\/span><\/p>\n The Castries\/Beaune axis provides us with the first open secret of 2019. It was Castries at the Institut Montaigne who \u201cinvented\u201d Macron \u2013 that perfect lab experiment of a mergers and acquisitions banker serving the establishment by posing as a progressive.<\/span><\/p>\n A Bilderberg source discreetly let it be known that the result of the recent European parliamentary elections was interpreted as a victory. After all, the final choice was between a neoliberal\/Green alliance and Right populism; nothing to do with progressive values.<\/span><\/p>\n The Greens who won in Europe \u2013 contrary to the US Greens \u2013 are all humanitarian imperialists, to quote the splendid neologism coined by Belgian physicist Jean Bricmont. And they all pray on the politically correct altar. What matters, from Bilderberg\u2019s perspective, is that the European Parliament will continue to be run by a pseudo-Left that keeps defending the destruction of the nation-state.<\/span><\/p>\n Just like Castries and his pupil Macron.<\/span><\/p>\n The great Bilderberg secret of 2019 had to do with why, suddenly, the Trump administration has decided that it wants to talk to Iran \u201cwith no preconditions\u201d.<\/span><\/p>\n Straits of Hormuz. Click to enlarge<\/p><\/div>\n It all has to do with the Strait of Hormuz. Blocking the Strait could cut off oil and gas from Iraq, Kuwait, Bahrain, Qatar and Iran \u2013 20% of the world\u2019s oil. There has been some\u00a0debate on whether this could occur<\/strong><\/span><\/a> \u2013 whether the US Fifth Fleet, which is stationed nearby, could stop Tehran doing this and if Iran, which has anti-ship missiles on its territory along the northern border of the Persian Gulf, would go that far.<\/span><\/p>\n An American source said a series of studies hit President Trump\u2019s desk and caused panic in Washington. These showed that in the case of the Strait of Hormuz being shut down, whatever the reason, Iran has the power to hammer the world financial system, by causing global trade in derivatives to be blown apart.<\/span><\/p>\n The Bank for International Settlements said last year that the \u201cnotional amount outstanding for derivatives<\/a><\/strong><\/span> contracts\u201d was $542 trillion, although the gross market value was put at just $12.7 trillion. Others suggest it is $1.2 quadrillion or more.<\/span><\/p>\n Tehran has not voiced this \u201cnuclear option\u201d openly.\u00a0And yet General Qasem Soleimani, head of the Iranian Revolutionary Guards Corps\u2019 Quds Force and a Pentagon b\u00eate noire, evoked it in internal Iranian discussions. The information was duly circulated to France, Britain and Germany, the EU-3 members of the Iran nuclear deal (or Joint Comprehensive Plan of Action), also causing a panic.<\/span><\/p>\n Oil derivative specialists know well that if the flow of energy in the Gulf is blocked it could lead to the price of oil reaching $200 a barrel, or much higher over an extended period.\u00a0Crashing the derivatives market would create an unprecedented global depression. Trump\u2019s former Goldman Sachs Treasury Secretary Steve Mnuchin should know as much.<\/span><\/p>\n And Trump himself seems to have given the game away. He\u2019s now on the record essentially saying that Iran has no strategic value to the US. According to the American source: \u201cHe really wants a face-saving way to get out of the problem his advisers Bolton and Pompeo got him into.\u00a0Washington now needs a face-saving way out. Iran is not asking for meetings.\u00a0The US is.\u201d<\/span><\/p>\n And that brings us to Secretary of State Mike Pompeo\u2019s long, non-scheduled stop in Switzerland, on the Bilderberg\u2019s fringes, just because he\u2019s a \u201cbig cheese and chocolate fan\u201d, in his own words.<\/span><\/p>\n Yet any well-informed cuckoo clock would register he badly needed to assuage the fears of the trans-Atlantic elites, apart from his behind-closed-doors meetings with the Swiss, who are representing Iran in communications with Washington. After weeks of ominous threats to Iran, the US said \u201cno preconditions\u201d would be set on talks with Tehran, and this was issued from Swiss soil.<\/span><\/p>\n Bilderberg could not escape discussing China. Geo-poetic justice rules that virtually at the same time, China was delivering a powerful message \u2013 to East and West \u2013 at the Shangri-La Dialogue in Singapore.<\/span><\/p>\n The Shangri-La dialogue is Asia\u2019s top annual security forum, and unlike Bilderberg, held like clockwork at the same hotel in Singapore\u2019s Orchard Road. As much as Bilderberg, Shangri-La discusses \u201crelevant security issues\u201d.<\/span><\/p>\n A case can be made that Bilderberg frames the discussions as in the recent cover story of a French weekly, owned by a Macron-friendly oligarch, titled \u201cWhen Europe Ruled the World\u201d. Shangri-La instead discusses the near future \u2013 when China may be actually ruling the world.<\/span><\/p>\n Beijing sent a top-of-the-line delegation to this year\u2019s forum, led by Defense Minister General Wei Fenghe<\/strong><\/span><\/a>. And on Sunday, General Wei laid down China\u2019s unmistakable red lines; a stern warning to \u201cexternal forces\u201d dreaming of independence for Taiwan, and the \u201clegitimate right\u201d for Beijing to expand man-made islands in the South China Sea.<\/span><\/p>\nThe derivatives clock is ticking<\/h2>\n
<\/a>China draws its lines in the sand<\/h2>\n