In 2009, Colonel Gaddafi, then President of the African Union, suggested to the States of the African continent to switch to a new currency, independent of the American dollar: the gold dinar.
- Muammar Gaddafi
The objective of this new currency was to divert oil revenues towards state-controlled funds rather than American banks. In other words, to stop using the dollar for oil transactions. Countries such as Nigeria, Tunisia, Egypt and Angola were ready to change their currencies.
Fast forward to 2011, civil unrest and protest started for his step down, a coincidence? Well let’s see. In March 2011, the NATO-led coalition began a military intervention in Libya in the name of freedom.
Don’t forget that Free water, almost free gasoline, free health system and free education were commonplace for Libyans under Gaddafi’s dictatorship.The leader, who has been in power for 41 years, has managed to gain the support of all the major tribes and buy social peace.
Libya itself was a stable country where the risk of being kidnapped or even murdered by an armed militia was non-existent.
With an excellent management of oil revenues, the Libyan state had managed to store hundreds of tons of gold and the same amount in silver.
All these resources were going to make Libya the most influential country in Africa, supplanting France for example.
Muammar Gaddafi wanted to avoid American influence in his oil transactions by using this gold.
However, after his death, information was discovered through Hillary Clinton’s electronic mailbox. One of the 3000 emails showed NATO’s willingness to overthrow Gaddafi’s government. NATO mainly wanted to neutralize the African gold currency.
At the beginning of March, the Libyan army and the many militias loyal to the government had already crushed the rebellion, thanks to their numbers and equipment. However, with Western intervention, the dream of a unified monetary system based on gold died.
The NATO overthrow was not for the protection of the people, but instead it was to thwart Muammar Gaddafi’s attempt to create a gold-backed African currency to compete with the Western central banking monopoly.
The emails indicate the French-led NATO military initiative in Libya was also driven by a desire to gain access to a greater share of Libyan oil production, and to undermine a long term plan by Muammar Gaddafi to supplant France as the dominant power in the Francophone Africa region.
The April 2011 email, sent to the Secretary of State Hillary by unofficial adviser and longtime Clinton confidante Sidney Blumenthal with the subject line “France’s client and Qaddafi’s gold,” reveals predatory Western intentions.
The email makes clear that intelligence sources indicate the impetus behind the French attack on Libya was a calculated move to consolidate greater power, using NATO as a tool for imperialist conquest, not a humanitarian intervention as the public was falsely led to believe.
The most air strikes ever launched in Africa by NATO was more than 10,000 on Libya in 2011 with over 500,000 Civilian Casualities. When Nato was questioned about civilian Casualities and the death of Gaddafi children, they insisted that it was collateral damage and normal in wars.
No matter what happened in Libya, no organization, country had the right to invade another country. It goes against the United Nations treaty and principle of sovereignty hence can be used as a basis for another world war!!!!
