Is NATO involvement in Libya about Gaddafi’s gold?
Read Time:1 Minute, 42 Second
Gaddafi’s gold and his plans for a single African currency, the gold Dinar, is this why NATO is involved in Libya?
Protecting civilians is the official line, some detractors say it is about oil, but in the RT video, suggestions are made that the real reason for the intervention in Libya is all about Gaddafi’s plan to introduce the Dinar, a single African currency made from gold.
There were two conferences on this, in 1986 and 2000, organized by Gaddafi. Everybody was interested, most countries in Africa were keen.
Gaddafi did not give up. In the months leading up to the military intervention, he called on African and Muslim nations to join together to create this new currency that would rival the dollar and euro. They would sell oil and other resources around the world only for gold dinars.
It is an idea that would shift the economic balance of the world.
A country’s wealth would depend on how much gold it had and not how many dollars it traded. And Libya has 144 tons of gold. The UK, for example, has twice as much, but ten times the population.
“If Gaddafi had an intent to try to re-price his oil or whatever else the country was selling on the global market and accept something else as a currency or maybe launch a gold dinar currency, any move such as that would certainly not be welcomed by the power elite today, who are responsible for controlling the world’s central banks,” says Anthony Wile, founder and chief editor of the Daily Bell.
“So yes, that would certainly be something that would cause his immediate dismissal and the need for other reasons to be brought forward from moving him from power.”
And it has happened before.
In 2000, Saddam Hussein announced Iraqi oil would be traded in euros, not dollars. Some say sanctions and an invasion followed because the Americans were desperate to prevent OPEC from transferring oil trading in all its member countries to the euro.
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
Everything rivals the Euro mate…Mainly because no bugger with any sense wants it….
I’m liking Eddie…He’s shot me down a couple of times…I do like honest opinions…sorry Eddie…;-)
Conspiracy theory bullshit. Are you THAT desperate for filler? Want in on this stupid gold rush too?
I don’t mind a good conspiracy theory Eddie, if there is some meat on the bones. Libya does have the 4th biggest gold reserve in the world plus a lot of oil. Who knows what is, or isn’t true, certainly not me.