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Friday, September 2, 2011

Is U.S intervention in Libya About Currency and Gold?

Is U.S intervention in Libya About Currency and Gold?

Some say the U.S intervention in Libya is a humanitarian mission. President Obama has said “It is clear the people of Libya must be protected” but could it be the U.S president is really protecting the Central Bankers of the world, The Fed? Did you know President Omar Gaddahfi planned to introduce the gold dinar? A single African currency made from gold. Dr. James Thring from the Ministry Of Peace and Legal Action Against War said “Introducing gold as currency is one of these things you almost have to plan in secret, because as soon as you say you are going to change over from the dollar to something else you’re going to be targeted” he went on to say “There were two conferences on this; one in 1996 and the other one in 2000. Gaddahfi organized it in Moscow. Everyone was interested with almost all the African countries very keen on the idea. Gadahffi didn’t give up on his idea. On March 30,2009 in Doha, Qatar he met again with nations where he called on African and Muslim nations to join together to create this new currency. This new currency would rival the dollar and the Euro. The plan was to sell oil and other resources only for gold dinars.
This idea would shift the economic balance of the world. Imagine if a country’s wealth depends on how much gold they have on hand, not how many dollars they trade. Libya has 144tons of gold. The UK has double that but it also has ten times the population of Libya.

In a television interview with the BBC, Anthony Wile, The founder of The Daily Bell said ” If Gadahffi had an intent to try to reprice his oil or whatever else his country was selling in the global markets, 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 worlds’ central  banks, so yes that is certainly something that would cause his immediate dismissal and the need for other reasons to be brought forth for removing him from power.” What is amazing to me is that Mr. Wile has just given legitimacy to all the conspiracies out there about the Central Banking System, and the Fed yet no one reported it.

This also reminds me of another war which seemed to happen without much reasoning. Could it be this was about to happen before? In 2000 Saddam Hussein announced Iraqi oil would be traded in Euros not dollars. That would explain why there was only a small group of nations willing to take arms against Saddam along side the US. Changing from dollars as the world currency to Euros would have been a windfall for European nations who were in desperate need of a financial boost. Needless to say sanctions, and an invasion by the U.S followed.  Some say because the US was desperate to prevent OPEC from transferring oil trading and all its member countries to the Euro. A gold dinar would have had serious consequences for the world financial system but it also would have empowered the people of Africa, who are mostly Muslim nations.  If the world currency switched from US dollars to gold it would render the Central bankers mostly irrelevant with regard to the control they wield over the world.  If it is in the best interest of the Central Bank to keep the dollar as the world currency then we can surmise the Central bankers are motivated to do all they can to keep things the status quo. This is another testament to the power the Central Bank has over the world. Power it is holding on to with an iron fist through war.

Cynthia McKinnley, the former Democrat U.S Congresswoman said “The United States should welcome the self determination of African nations. They certainly have denied self determination to Africans inside the United States. We are not surprised by anything the United States would do to hinder self determination of Africans on the continent of Africa.”

The UK and the US governments keep their gold locked up in vaults, and although China has been busy buying up gold for several years now it is no secret there is not enough gold to go around, but that’s not the case in Libya. If the world currency changed from the dollar and Euro to gold a gold dinar would have given the power to oil rich African and Middle Eastern countries to say to America ” Sorry the price of oil has gone up and we want payment in gold” The US and its’ allies couldn’t literally afford it.

I wish I had a crystal ball, then I could tell you what to do. It is obvious to me the world powers are desperately trying to keep control. As much as I hate the Fed and the control the World Bank has over our economies. The thought of Muslim countries controlling the worlds’ financial economies sends chills down my spine. Do I like war? Of course not. Do I like the Central Bank? Of course not, but if the world is making a shift from the dollar to gold shouldn’t our president be trying to shore up the country’s gold? It seems he does not want gold to be the standard. Is he protecting us from the Muslim nations? He claims Islam to be a great religion therefore I doubt he is worried about that. What is the thinking of the Fed buy back? Why are we printing mass amounts of dollar bills? Is this the solution? Is it making it worse? The question which begs to be asked is, Mr. President who are you working for ?

written by Rosie Johnson

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