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Why Don’t Russia and China Buy Oil – Lots of Oil? - Bullion Bulls Canada

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February 17, 2016

What is the best way to deter bad behavior, by any sort of miscreant? Some of the reasons why miscreants engage in bad behavior is because they are inherently belligerent and/or have malevolent motives. Thus it is usually futile to simply attempt to reason with such actors.

Instead, what generally is a more productive strategy is to look for some vulnerability which the miscreant creates with his/her acts of malice, and then seek to exploit that vulnerability – to the detriment of that miscreant. If the miscreant’s “bad behavior” comes to have a steep price attached to it, then and only then will the miscreant modify their behavior.

Nowhere do we see this principle of (bad) behavior more applicable than with respect to the One Bank , and its Wile E. Coyote henchmen. Once they have set in motion one of their malevolent schemes, nothing can deter them from pursuing their plan (no matter how much “collateral damage” to humanity), except the negative – and unforeseen – consequences of their own schemes.

The Law of Unintended Consequences. It is the bane of all sociopathic criminals, because inevitably such obsessive, predatory behavior is accompanied by a large degree of tunnel-vision. Wile E. Coyote sees what he wants, conceives of a scheme to get what he wants, but is then totally unable to comprehend the consequences of his own actions. We see this with the One Bank, again and again.

For years; the banksters have schemed about different ways to target the mammoth gold market of India, which (until the economic rise of China) was the undisputed #1 gold market in the world. In 2013; as their own malevolence caused a particularly large spike in gold demand, these Wile E. Coyotes conceived of a scheme to block the access of India’s population to more gold – a gold embargo.

They began by savagely attacking India’s currency, the rupee. Simultaneously, their “friends” in the Corporate media began pumping-out absurd propaganda, claiming it was India’s “gold imports” which was causing its currency to plummet in value. Along with that propaganda came the “prediction” that as soon as India blocked its gold imports, its currency would stop falling in value.

It was economic extortion and economic terrorism, in one of its most-obvious manifestations. And it worked…sort of. India’s government instituted a near-total embargo on gold imports, and the official imports of gold into that nation fell to near-zero. And then the Law of Unintended Consequences kicked into gear.

Almost immediately after the commencement of the embargo, all of the numerous “smuggling routes” (and smuggling procedures) for bringing gold into India illicitly were once again activated. Indeed, India had just spent many years “liberalizing” its gold market, because it was the only way it could deter rampant gold-smuggling.

Along with this, because of the restricted flow of gold officially into India, silver demand exploded. India’s silver imports immediately shot-up to new, record highs, surpassing the import numbers in 2008, when silver was briefly pushed back below $10/oz. Worse still, rampant gold-smuggling meant a large gold blackmarket in India – and a blackmarket price .

A gold price, for real gold, was evolving in India, and it was a real-world price which the banksters had virtually no means of manipulating. This was intolerable, and so the One Bank ended its extortion operation.

India’s government was allowed to resume normal/official importing of gold, back to previous levels. Perhaps more notably, as those import levels rose, India’s currency remained stable – proving there had never been any legitimate connection between gold imports and India’s falling currency. The extortion operation was revealed and confirmed , as a result of its failure.

Then we had the One Bank’s economic terrorism against Russia, most of which was initiated by its favorite attack-dog, the United States. The U.S. was going to “throw Russia out” of all sorts of international organizations, to “punish Russia” for the imaginary sins manufactured by the infantile minds of U.S. neo-cons, and parroted by the drones of the mainstream media.

One of the expulsions which the One Bank had commanded was to exclude Russia from “SWIFT”, the global, electronic commerce system which has become an integral part of most international trade. The Western cabal was literally on the verge of expulsion, when once again the Law of Unintended Consequences reared its inconvenient head.

While the One Bank (and its Western puppets) were busy attempting to ostracize and isolate Russia in any/every way they could imagine, the East was busy too. What was being done in China and Russia, as this U.S. economic terrorism reached its crescendo? They were creating new institutions, “parallel institutions” for all of the corrupted financial/economic institutions which had been created by the West, as some of the One Bank’s premier tools of economic oppression.

Already, some of these institutions were gaining so much popularity/legitimacy among the nations of the Rest of the World that even the Corrupt West felt obligated to join these institutions. One of the East’s “new” institutions was CIPS, a made-in-China version of SWIFT.

The expulsion of a major economic power like Russia (and one of the world’s largest trading nations) from SWIFT would have forced all of Russia’s trade partners to use CIPS in order to engage in trade with Russia. The One Bank (and its corrupt Western puppets) were not “isolating Russia” with their scheme to expel Russia from SWIFT. They were isolating themselves, and simultaneously reducing the importance of their own, corrupt institutions.

This time the One Bank made such a hard, 180-degree turn that is must have caused some impact injuries. The U.S.-led bloc not only rescinded its scheduled vote to expel Russia from SWIFT, they offered Russia a board seat in that organization, as an inducement for Russia to remain in SWIFT ( U.S. Begs Russia to Remain in SWIFT; the One Bank Fails Again ).

But just like the cartoon version of Wile E. Coyote, the banking versions of this character never “learn their lesson.” Not long after the SWIFT debacle, the Coyotes were once again obsessing over India’s gold. This time they planned to steal it – as much of the 20,000 tonnes (or so) of India’s privately-held gold as they could scam from India’s population.

Via India’s new, corrupt government (the Modi regime), the One Bank unveiled “the gold deposit scheme” . It was a fraud so pathetically obvious that even the Coyotes themselves could come up with no more legitimate-sounding label than “a scheme”.

The Indian people would “deposit” their gold, into the hands of their corrupt government, and then, magically, they would be “paid interest” on their gold – even though gold generates no income. Eventually, the truth came out. The Conspirators were going to sell the gold (that was supposedly “held on deposit”) in order to pay the interest. It was one of History’s most poorly planned Ponzi schemes.

What happened? Over the first month of the scam, the Conspirators netted a grand total of two pounds of gold, or roughly 0.000004% of the gold they had targeted. And then the Law of Unintended Consequences activated again.

Over in the East, China had noticed the One Bank’s (attempted) India gold-grab. China and Russia have been both publicly and privately accumulating massive reserves of gold. However, combined, it is highly unlikely that they have accumulated as much as is held privately in India.

China’s concern about the banksters’ attempted scam in India has prompted what could only be called a Gold War . As the Conspirators were preparing to launch their near-fruitless scam to steal Indian gold, China began buying gold on the open market, for the first time in at least six years. Ultimately, this is gold which comes directly out of the One Bank’s (near empty) warehouses.

Including gold which the banksters managed to strong-arm out of India’s temples, the Conspirators total haul in their India gold-grab to date is now a mere couple of hundred pounds. Meanwhile, China’s purchases of gold on the open market have totaled approximately 100 tonnes. Worse still (from the Coyotes’ perspective) China was paying for all this gold by dumping the U.S.’s now-shunned Treasuries.

Now we see the Coyote’s latest scam (and act of economic terrorism): crashing global oil markets. Here, it should not even require the irresistible force of the Law of Unintended Consequences in order to produce a response to this new economic terrorism. Why don’t China and Russia simply start buying lots and lots of oil? (Why doesn’t Canada’s government start buying lots of oil?)

The U.S. has publicly boasted that it is manipulating oil prices lower as “a part of its strategy” against Russia. But how hard would the puppets in the Obama regime be laughing, if Russia and China began buying huge quantities of this ultra-precious commodity, at the ultimate “rock-bottom price”?

The Law of Unintended Consequences supplies us with an answer to that question, too. He who laughs last, laughs best. What would/could be an economic strategic advantage for the East which is even more important than stockpiling massive reserves of gold? Stockpiling massive reserves of oil, on sale, thanks to the Coyotes’ economic terrorism.

China and Russia don’t have to take control of the global economy, out of the hands of the corrupt buffoons in the West. All they have to do is stand around patiently, and wait for the West to finish handing them control.

Don’t miss a golden opportunity.

Now that you’ve gained a deeper understanding about gold, it’s time to browse our selection of gold bars, coins, or exclusive Sprott Gold wafers.

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