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Wars
July 19, 2011 posted by Joseph Candel 991

Invasion of Libya was About Gaddafi’s Plan to Introduce Gold Dinar

Via The Daily Bell

Under the guise of “protecting civilians,” the United States led NATO into Libya and is attempting to assassinate the Libyan leader. Of course, Libya happens to be the largest oil producer in Africa, but many do not realize that Gaddafi was planning to introduce the gold dinar, a single African currency that would serve as an alternative to the U.S. dollar and allow African nations to share the wealth. It is surely no coincidence that Iraq’s prior leader, Saddam Hussein, was trying to do the same thing just prior to U.S. invasion for all of those “weapons of mass destruction.”

Simply put, if oil-rich nations begin trading in something other than dollars it will significantly reduce demand for dollars and threaten the dollar’s role as world reserve currency. Many experts believe this would lead to the quick death of the fiat greenback, which is now backed by nothing but faith in a government that is running an annual budget deficit of over $1.5 TRILLION.

The dollar’s days are numbered and savvy investors are using the current dip (the article was originally published in may) in gold and silver prices to exit their dollars and acquire real money that cannot be printed out of thin air and inflated to worthlessness. The CME knows there is not enough silver to go around and their raising of margin requirements 5 consecutive times in the past two weeks smacks of desperation. Far from the hysterical crises of the precious metals bubble popping, it is only going through a healthy and necessary correction before gold targets $1,800 later this year and silver takes out $50 without looking back. 

Some believe it is about protecting civilians, others say it is about oil, but some are convinced intervention in Libya is all about Gaddafi’s plan to introduce the gold dinar, a single African currency made from gold, a true sharing of the wealth.

“It’s one of these things that you have to plan almost in secret, because as soon as you say you’re going to change over from the dollar to something else, you’re going to be targeted,” says Ministry of Peace founder Dr James Thring. “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.

A gold dinar would have had serious consequences for the world financial system, but may also have empowered the people of Africa, something black activists say the US wants to avoid at all costs.

“The US have denied self-determination to Africans inside the US, so we are not surprised by anything the US would do to hinder the self-determination of Africans on the continent,” says Cynthia Ann McKinney, a former US Congresswoman.

The UK’s gold is kept in a secure vault somewhere in the depths of the Bank of England. As in most developed countries, there is not enough to go around.

But that is not the case in countries like Libya and many of the Gulf States.
A gold dinar would have given oil-rich African and Middle Eastern countries the power to turn around to their energy-hungry customers and say: “Sorry, the price has gone up, and we want gold.”

Some say the US and its NATO allies literally could not afford to let that happen.

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9 Comments

  • avatar

    (# 2) In any case, for sure I want to thank you for the excellent work you all do with warning the world thru this site.
    I guess, what I mean, is not to just to alternate the news (very good & revealing), with inspiring msgs, but actually (I dont know if you have the time), to “digest” & interpret the news; To end the bad news of the article, w the Good News of what the Lord shows you, the happy ending, with the scriptures. So to end w the Lord’s victory & not just w the horror to come. Such as the Lord always ends the 7 mesgs to the 7 churches, with challenge. I dont mean to “photocopy” those endings, but to give the positive interpretations of the scriptures, of the negativity of the article. BUT! – Having said this, if you will tell me that … the workers are few… Well, I will understand! … Blessings to you!! Joseph M.

    • avatar

      Thanks for the comments & suggestions. Regarding your comments on the news articles! These are posted on our website to try and keep people updated on what’s going on in current events. These news articles are not our material nor written by us, but most articles that we select usually in some way connect to Bible Prophecy. This is just one aspect of our website. There’s also a section called Endtime studies & people who want go into this section can read articles about the endtime & the positive conclusions. For example there are articles in there that I have written such as “14 Major Points of the Endtime: Part 1 & Part 2”, “The Marriage Supper of the Lamb: “Here’s Heaven!” & etc. Plus each Endtime article has a positive ending. When we select each news article we try our best to get it uploaded to our website as quickly as possible while it’s new & fresh for our readers & anybody who visits our site. So doing a commentary on each article could slow the process down & each news article has to be translated into Hungarian by dear Dorcus, since our site is in English & Hungarian so any commentaries would also slow down the translation process. By the way we get more visits from the Hungarian people, usually double, than the English speaking people. We’re planning when summer vacation is over to do a Podcast on the Millennium & “Is Hell Forever?” So there will be a lot of positive material coming out hopefully in September. Of course our hope is that when people visit our site they are not just reading the current news events, but checking out the endtime studies material so that they get a well-rounded balance on what is going on & why? I recently gave a new Hungarian friend of mine the Website address & he told me that he not only read the news articles, but also read the endtime articles & listened to the Podcasts that was translated into Hungarian. He also checks the website daily to read any new news articles that were posted. Having explained the above, maybe some of the news articles with major news events could have a commentary or we could do a podcast on it.

      • avatar

        WONDERFUL! GBY for your great job of warning the world!!!

        Nice @ what y said @ your coming study, “is hell forever?” Great! VERY needed! The a-God crowd, harps on the “Sadistic God that enjoys people burn forever”.

        In fact, if it ok, I’d like to send to you some scriptures (but you may already have them?) — If you think, you may want to include in your nice coming teaching. Here they are:

        (1) Mark 9:43-44 “And if thy hand offend thee, cut it off: it is better for thee to enter into life maimed, than having two hands to go into hell, into the fire that never shall be quenched: (44) Where their worm dieth not, and the fire is not quenched.”
        Jesus did NOT talk of LIVING “Soul”. In fact, in the whole Bible, it NEVER talks @ any damned SOUL, LIVING in hell!

        (2) Isaiah 66:22-24 For as the new heavens and the new earth, which I will make… (23) And it shall come to pass… all flesh come to worship before me, saith the LORD. (24) And they shall go forth, and look upon the CARCASES of the men that have transgressed against me: for their worm shall not die, neither shall their fire be quenched; and they shall be an abhorring unto all flesh.
        This is the proph Jesus was quoting. It appears to be referring to after the Mill, to the N Heav & N earth.
        Again, there is no signs of LIVING souls in this eternal fire… Just the burning of the CARCASES of the devil & his followers; A lesson for all generations to come, to learn from the mistakes of others, from the past.
        ALSO:

        (3) Revelation 20:14: And death and hell were cast into the lake of fire. This is the SECOND death. (& Rev 2:11; Rev 20:6; Rev 21:8, & 1Pet 3:19; 4:6)
        Since these guys were never Born Again and their flesh body long dead, the “second death” therefore, can only regard the death of the only thing left; Their SOUL.
        GOD IS LOVE. HE WILL NOT “ENJOY” THE SUFFERING OF ANYONE — Not even of the devil & His followers, in some “eternal” hell. He will simply do away w them…

        Don’t know if you need this… but just in case…
        GBY & happy warning the world!! — Joseph Michael & brethren.

        • avatar

          Thanks for the verses! I also wanted to make another comment about the current event articles that are uploaded to our Website. The current events articles connect to Bible prophecy. People who know anything about Bible Prophecy see that the current events are the” signs of the times”, that Jesus predicted would happen in Matthew Chapter 24 & this also includes the Prophetic Chapters in the book of Daniel & of course the Book of Revelation & many other Bible chapters. So when I & many others read the news it’s like, WOW! The Bible says this about the endtime & look we see signs of this fulfillment transpiring in the news & this increases people’s faith in God’s Word, even though some of the news is bad & can be discouraging for some. But before things can get better some things will get worse, but at least those in tune with Bible prophecy & the current news events will understand the world situation & won’t be surprised at what happens, but will know that God’s plan is being fulfilled. This endtime Website is trying to do just that as we pass on not only the Endtime prophecys in the Bible, but how things are also moving a long in the world. This is what the Lord showed us & what was to be our ministry.

          Continue to look for the signs of the times, for they are indeed around you. As you continue to seek, you will find more and more of them. The signs will become clearer and more distinct, and you will understand more how the pieces fall into place. Continue to study My Word and My revelations. Continue to keep tabs on the news, for I will reveal to you more and more of what is going on behind the scenes.

          So listen not, hearken not to those that cry, “Peace, peace,” for there shall not be peace. There shall not be one world brought about through peaceful means. But there shall be one world that is a result of war, economic collapse and disasters.

  • avatar

    Thanks for making this site !

  • avatar

    Wow! What the media doesn’t cover, huh? A good movie recently came out which helped to give context and background towards the banks’ dilemma, called “Too Big To Fail” – good watching!

    • avatar

      Yes, I watched the movie “Too Big To Fail”. Very good! I liked the way it brought out how serious was the economic crises, but it isn’t over yet. All the Fed did was print more money & staved off the day of reckoning for awhile. Another economic tsunami is coming & it will be worse with the added debt bubble that was created. We just don’t exactly when it will hit, but you can see many daily warnings in the news.

      • avatar

        Exactly! Problem is, folks don’t always read and follow global news in order to see clearly how globalization and the networking of economies affect us all – until the tsunami hits our beach fronts!

        • avatar

          Yes, it’s like watching a car coming toward you. From a distance, it looks like the car isn’t even moving. Then, once it reaches a certain point, you’re able to see the movement. The closer it gets, the more aware of its speed you become. We’ve been watching this one coming for a long time, and some people have gotten bored and walked away, deciding it wasn’t really moving after all. But we’re at the point where the movement is going to be seen more clearly, and it won’t be long till you see it racing right at you at great speed!

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