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The Real Story: Gadhafi’s Gold-Dinar Plan Would Have Devastated Dollar, Thats Why He Had To Die!

 
JustAnotherVisitor
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11/13/2011 02:33 PM
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The Real Story: Gadhafi’s Gold-Dinar Plan Would Have Devastated Dollar, Thats Why He Had To Die!
It remains unclear exactly why or how the Gadhafi regime went from “a model” and an “important ally” to the next target for regime change in a period of just a few years. But after claims of “genocide” as the justification for NATO intervention were disputed by experts, several other theories have been floated.

Oil, of course, has been mentioned frequently — Libya is Africa‘s largest oil producer. But one possible reason in particular for Gadhafi’s fall from grace has gained significant traction among analysts and segments of the non-Western media: central banking and the global monetary system.

According to more than a few observers, Gadhafi’s plan to quit selling Libyan oil in U.S. dollars — demanding payment instead in gold-backed “dinars” (a single African currency made from gold) — was the real cause. The regime, sitting on massive amounts of gold, estimated at close to 150 tons, was also pushing other African and Middle Eastern governments to follow suit.

And it literally had the potential to bring down the dollar and the world monetary system by extension, according to analysts. French President Nicolas Sarkozy reportedly went so far as to call Libya a “threat” to the financial security of the world. The “Insiders” were apparently panicking over Gadhafi’s plan.

"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,” noted financial analyst Anthony Wile, editor of the free market-oriented Daily Bell, in an interview with RT. “So yes, that would certainly be something that would cause his immediate dismissal and the need for other reasons to be brought forward [for] removing him from power."

According to Wile, Gadhafi’s plan would have strengthened the whole continent of Africa in the eyes of economists backing sound money — not to mention investors. But it would have been especially devastating for the U.S. economy, the American dollar, and particularly the elite in charge of the system.

“The central banking Ponzi scheme requires an ever-increasing base of demand and the immediate silencing of those who would threaten its existence,” Wile noted in a piece entitled “Gaddafi Planned Gold Dinar, Now Under Attack” earlier this year. “Perhaps that is what the hurry [was] in removing Gaddafi in particular and those who might have been sympathetic to his monetary idea.”

Investor newsletters and commentaries have been buzzing for months with speculation about the link between Gadhafi’s gold dinar and the NATO-backed overthrow of the Libyan regime. Conservative analysts pounced on the potential relationship, too.

“In 2009 — in his capacity as head of the African Union — Libya's Moammar Gadhafi had proposed that the economically crippled continent adopt the ‘Gold Dinar,’” noted Ilana Mercer in an August opinion piece for WorldNetDaily. “I do not know if Col. Gadhafi continued to agitate for ditching the dollar and adopting the Gold Dinar — or if the Agitator from Chicago got wind of Gadhafi's (uncharacteristic) sanity about things monetary.”

But if Arab and African nations had begun adopting a gold-backed currency, it would have had major repercussions for debt-laden Western governments that would be far more significant than the purported “democratic” uprisings sweeping the region this year. And it would have spelled big trouble for the elite who benefit from “freshly counterfeited funny-money,” Mercer pointed out.

“Had Gadhafi sparked a gold-driven monetary revolution, he would have done well for his own people, and for the world at large,” she concluded. “A Gadhafi-driven gold revolution would have, however, imperiled the positions of central bankers and their political and media power-brokers.”

Adding credence to the theory about why Gadhafi had to be overthrown, as The New American reported in March, was the rebels’ odd decision to create a central bank to replace Gadhafi’s state-owned monetary authority. The decision was broadcast to the world in the early weeks of the conflict.

In a statement describing a March 19 meeting, the rebel council announced, among other things, the creation of a new oil company. And more importantly: “Designation of the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and appointment of a Governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.”

The creation of a new central bank, even more so than the new national oil regime, left analysts scratching their heads. “I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising,” noted Robert Wenzel in an analysis for the Economic Policy Journal. “This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences,” he added. Wenzel also noted that the uprising looked like a “major oil and money play, with the true disaffected rebels being used as puppets and cover” while the transfer of control over money and oil supplies takes place.


Read More:

[link to thenewamerican.com]

[link to thenewamerican.com]

[link to 1worldcurrency.net]

[link to www.youtube.com]


[link to thedailybell.com]

[link to www.thenewamerican.com]
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Anonymous Coward
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11/14/2011 02:28 AM
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Re: The Real Story: Gadhafi’s Gold-Dinar Plan Would Have Devastated Dollar, Thats Why He Had To Die!
Total rubbish. NWO has planned to destroy the dollar since the Fed came in 1913. They WANT the dollar demolished, any way they can do it.

More than anything else, they wouldnt tolerate the independence and defiance of Illuminati control the dinar move may have signified. That, and they just wanted new blood puppets. Their plan for decades has been to gut the region and remake it in their own image.
Anonymous Coward
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11/14/2011 02:33 AM
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Re: The Real Story: Gadhafi’s Gold-Dinar Plan Would Have Devastated Dollar, Thats Why He Had To Die!
Adding credence to the theory about why Gadhafi had to be overthrown, as The New American reported in March, was the rebels’ odd decision to create a central bank to replace Gadhafi’s state-owned monetary authority. The decision was broadcast to the world in the early weeks of the conflict.

 Quoting: JustAnotherVisitor



plausible argument for sure!
Anonymous Coward
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11/14/2011 02:57 AM
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Re: The Real Story: Gadhafi’s Gold-Dinar Plan Would Have Devastated Dollar, Thats Why He Had To Die!
Total rubbish. NWO has planned to destroy the dollar since the Fed came in 1913. They WANT the dollar demolished, any way they can do it.

More than anything else, they wouldnt tolerate the independence and defiance of Illuminati control the dinar move may have signified. That, and they just wanted new blood puppets. Their plan for decades has been to gut the region and remake it in their own image.
 Quoting: Anonymous Coward 5339859


I believe it's more along the lines of using the dollar as a tool. They're trying to prolong the dollar's life for as long as possible to squeeze every last bit of money out of it and all the other economies relying on it. It's a vessel for movement, it can't die, but it can't be out of their control in the hands of africa.





GLP