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Why Don’t Russia and China Buy Oil – Lots of Oil?

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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.



Source: http://bullionbullscanada.com/index.php/commentary/international-commentary/26678-why-don-t-russia-and-china-buy-oil-lots-of-oil


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