Failed Empire

Chronicling the collapse of a failed society

U.S. Military Intervention in Libya Aimed to Squelch Gold-Backed African Dinar

Wars are never actually fought for the reasons sold to the masses:

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.

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. …

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.

Embroiled in wars of aggression throughout the Middle East, it’s hard to imagine that anyone would accept the standard rhetoric about protecting human rights and promoting democracy as motivation for our latest war in Libya.  But judging by the absence of protest in the United States, and the sheer lack of meaningful coverage in the MSM, it would appear that most Americans have bought the fictional narrative.

The prospect of Gaddafi attempting to create an alternative, gold-backed currency would certainly have frightened Western powers, as the current system of profiteering is heavily based on the worthless dollar – a fiat currency.  It seems entirely plausible that the true motivation for the invasion of Libya may well have been this fear of an independent African currency.

We cannot say with any degree of certainty that this was, in fact, the main motivation for the invasion.  What we can say without question, however, is that the official line of promoting human rights and democracy is an absolute farce.  War is a business venture, and it is not undertaken without specific lucrative goals in mind.  Libya’s vast oil reserves undoubtedly played a role in the U.S. decision to invade, but oil in itself is unlikely to offer a strong enough incentive.  If that were the case, after all, why haven’t we attacked Venezuela?

In order for a military intervention to take place, there must be a veritable witches’ brew of temptations, which make the potential fruits of aggression so great that the corporate warlords simply cannot resist.  In Afghanistan we had the Trans-Afghanistan natural gas pipeline, the trillion-dollar mineral reserves, and the option of having a permanent U.S. presence is such a strategic geopolitical location.  In Iraq we had the world’s second largest proven oil reserves and the opportunity to cement U.S. hegemony in the Middle East with the construction of military bases on the scale of small cities.  And in Libya, of course, we have oil reserves, a strategic location and now, it seems, the grave necessity to crush a move towards African independence and the undermining of the dollar as a global benchmark currency.

Don’t buy the lies, folks.  U.S. military intervention is always about material and political gain, and never about ideals.


19 responses to “U.S. Military Intervention in Libya Aimed to Squelch Gold-Backed African Dinar

  1. Astra Navigo May 18, 2011 at 9:58 am

    “Don’t buy the lies, folks. U.S. military intervention is always about material and political gain, and never about ideals. “

    Ya think?

    This week, the House was considering a bill which would, in fact, make the American Empire permanent – and would permit the use of the American military at the President’s whim even within our borders (goodbye to that pesky Posse Comitatus Act).

    What with locking down the borders by way of expanded passport information and all of us being but one stray comment from being thrown in a cell with a couple of taser-prongs in our arse, I’d say this is more than just and Empire – it’s also a police-state by any other name.

    Oh. Yes. We can vote. I forgot…..


    • Andrew B. May 21, 2011 at 12:32 am

      That last line does seem rather uncontroversial, doesn’t it? And yet watching the MSM and interacting with your average politically apathetic American, it’s difficult not to start believing all of the hype about standing up for human rights and promoting democracy abroad. After all, it gives people a sense of pride to think that we’re actually a force for good in the world.

      Meanwhile, as you say, things are becoming ever worse at home, although in practice the president has had the power to use military force at his discretion since Bush invaded Iraq. The fact that he would now be allowed to do so within our own borders is worrisome, but as blissfully ignorant as many Americans seem to be, it’s hard to imagine they would tolerate the deployment of soldiers on American soil without some plausible justification for doing so.

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  3. MoAb June 13, 2011 at 4:12 am

    This article is based on an article which was based on a rumour. Yes there had been 2 meetings and some talks about implementing a gold currency, but that was almost 5 years ago and nothing had materialised from it. Recently the chief proponent of the Dinar movement had only visited the libyan embassy after the bombing started.

    • Andrew B. June 13, 2011 at 5:29 am

      Read it again. In spite of the title – which is obviously meant to attract attention – the intent of the post was not assert fact, but rather to cast doubt on the official narrative of intervening to protect civilians. Hence the following lines:

      “We cannot say with any degree of certainty that this was, in fact, the main motivation for the invasion. What we can say without question, however, is that the official line of promoting human rights and democracy is an absolute farce.”

      • Melkior Ljači September 10, 2011 at 8:02 am

        Who the hell gives a rats ass about your false premise of pride?! The only thing that attracts attention is your governemnts constant inabillity to manage foreign affairs reasonably, and that the EU, as an extended province(little slut) of yours, constantly bombarded with pro Western propaganda submissively nods, everytime you wanna go and screw up some islamic nation who might raise to be, thanks to rich resources a serious oponent in this global
        fucked comedy show called politics!!! Have a nice day…

      • themind July 24, 2012 at 11:15 pm

        ahh im sorry but i think you also need to do your research.. one of the reasons they claimed they invaded lybia was because the gaddaffi supposedly orchestrated missile type strikes on his own people. but when foreign investigaters checked with saterlite images, and even astronauts recording pictures from space, still cant find any evidence what so ever of an attack ever taking place. then you have to ask the simple question why..// but dun take my word for it do your research proof me wrong

    • themind July 24, 2012 at 11:02 pm

      rumours..?im sorry but i think you need to do your research the dinar were close if not fully in development,but in secret ..just before he was murdered he gave a famouse speech where he exposed alot of people, even his mic was getting cut out. he called for help from all the other african countries to unite for the greater good. sadly due to the curruption of african politics he was basically singing to the choir. The gold dinar was real, this just proves that its not that african wont help themselves, but there actually not allowed to.

  4. Ian Barclay June 17, 2011 at 8:52 am

    Check this rendition by Robert Newman.

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  9. RECEP ÖZTÜRK November 21, 2013 at 10:33 am

    Kaçın demokrasi geliyor AMerikan demokrasisi inşaası vurmaya öldürmeye Dünya Nüfusunu azaltmaya endeksli Stratejiler NATO ve diğer Kurumlar tarafından bu doğrulta’da sürdürülüyor. Kuzey Afrika’da Libya Altın ve Petroleri yetmedi şimdi İran Petrol ve Altınları hundura edilecek Müzelik zaten Borsa’da etkin Faiz Lobbi çalışmaları bu yönde. Velhasıl herkesin menfaatine olacak bir sonuç çıkmayacak yine Savaşlar olacak kaos ortamı Şeytana tapanlar için olmazsa olmaz.

  10. Pingback: U.S. Military Intervention in Libya Aimed to Squelch Gold-Backed African Dinar | Charleston Voice

  11. Anonymous January 21, 2015 at 10:28 am


  12. Pingback: Flashback: U.S. Military Intervention in Libya Aimed to Squelch Gold-Backed African Dinar | From the Trenches World ReportFrom the Trenches World Report

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