Libya was attempting to take Africa and the Middle East to the Gold Standard - Oil transactions in DinarSubmitted by kentrailer on Wed, 08/24/2011 - 19:24
The reason that NATO invaded (besides the huge amounts of sweet crude under their soil) was the attempt by Gaddafi to start a gold-standard currency called the Dinar.
This would have stabilized the intentionally destabilized Africa, and would have made Libyans wealthier per capita than residents in the US and UK (and most of the developed world).
This short video covers it:
Ron Paul has always been true to himself, principle and ideal. He explains to us the big picture how we affect the world by our monetary policy. And where we are heading. If we could have listen with him back in 2007. We will be in much better shape now and perhaps on our way to recovery. We still have so much thing to do as nation. The better we are informed the better our chances of changing our fate.
Chavez is demanding tons of gold from Bank of England. Will they comply?
Or will Chavez get the Lybian treatment?
Is there anyway we could donate gold instead of cash to the Ron Paul campaign? Is there also a way that we could have it held in gold until we want it released to the Ron Paul campaign to spend?
I know it sounds crazy but I think this would be fun. I could buy $100 in gold for Ron and if the price spiked up to $150 I could "release" it so the campaign could spend it.
I just think it would generate some news in the MSM about why we think gold is money. It would also be a different take on the money bomb concept. We could call it the gold bomb.
An interesting article from Beacon Equity Research flashed across my financial ticker this morning I thought I'd share.
Washington’s desperation to contain the inevitable fall of the U.S. dollar reared its ugly head once again yesterday, as the CEO of Standard & Poor’s Deven Sharma was fired as the rating agency’s head, and serves as a warning to others that this could happen to you for telling the truth.
From Russia Today, story suggesting NATO went into Libya to stop plans to trade oil for gold only. Is there truth to this?
NIA News Letter:
I thought of the following idea yesterday after reading a comment on the latest money bomb topic and I sent the following e-mail to the Ron Paul Campaign. I was interested in getting some feedback as to whether or not this would be a good idea. Initial reaction I got from a comment post I made was positive.
EDIT: Just to clarify, this won't be an actual, physical gold bomb. Everyone would still donate using their credit cards, check, or cash, but the ticker would show oz. of gold instead of dollars donated. It's mostly a symbolic gold bomb, which will hopefully help teach others who don't necessarily understand the fiat nature of dollars.
Gold miner minting its own gold and silver coins - looking to pay dividends in kind! Maverick U.S. based gold miner, Gold Resource Corporation (Amex Ticker: GORO), with operations in Mexico, has announced it is minting its own gold and silver coins and holding part of its treasury in precious metals.
Folks, when someone as neo-connish as you can get like William Kristol derides the Nixon Shock and opines for the discipline of gold, you have to realize, it is going to happen now no matter what.
The only question is - will they "steal" the fiscal and monetary issues away from Ron Paul yet continue to placate the warmongers? Or can they even control ANYTHING at this point? Have we already reached the "Ron Paul Tipping Point?"
I ran across this video posted on a highly popular and frequented tech blog named Gizmodo by a fellow reader. The blog entry is titled "Libyan Rebels Hit with Scud Missile for First Time Ever". The video shown in that blog by this reader isn't really related to the event but it was actually about why the Government has intervened in Libya...and Iraq.
The gig is up folks. The game is rigged. The emperor has no clothes, and people are starting to take notice. I make no apologies for my diehard support of Ron Paul and I won't - but the original intent of this blog was not to be an explicit endorsement of Paul. I feel a little reluctance to AGAIN feature him but things are getting serious, fast, and I am not ashamed to dedicate so much space on this blog to his cause.
With gold consolidating recent gains, today King World News interviewed Peter Schiff, CEO of Europacific Capital, to get his take on where things stand. When asked about the run in gold Schiff responded, “Well it’s going to continue, gold is going to go higher because people want refuge. In fact the other safe havens in the currency world, like the Swiss Franc or the Yen, the central banks there are trying to undermine their currencies.