Gaddafi Planned Gold Dinar, Now Under Attack
Anthony Wile

Plans for attacking Muammar Gaddafi apparently go back some 20 years, and even US President Ronald Reagan tried to kill him, deeming him a threat to America power. The latest attacks are in keeping with the larger wave of aggression initiated by the Anglo-American power elite that is on to the next stage of its implementation of the "new world order."

This power elite, based mostly in the one-square mile City of London, is said to seek world domination if it can get it – and sooner rather than later in the face of a growing Internet Reformation.

But there may be another reason for the Libyan attacks that explain their timing. According to a Russia Today news story, for which I was interviewed (See – Real Cause for Gaddafi's Expulsion: Wanted Gold Currency?), Gaddafi was planning to introduce a gold dinar – "a single African currency made from gold, a true sharing of the wealth."

The idea, according to Gaddafi, was that African and Muslim nations would join together to create this new currency and would use it to purchase oil and other resources in exclusion of the dollar and other currencies. RT calls it "an idea that would shift the economic balance of the world."

It was not a democratic perspective in the sense that a country's wealth would revolve around gold and its population. But that's how modern money works. The current dollar reserve system benefits the US. In Gaddafi's case, as he held some 144 tons of gold against a fairly small population, a gold dinar would prove a most powerful currency.

When I was interviewed by RT, I said the following: "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. ... 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."

There are many who believe Iraq's Saddam Hussein's overthrow by the US was sealed when he announced Iraqi oil would be traded in euros, not dollars. Sanctions and then a US invasion followed. Coincidence? Hussein's idea would have strengthened the euro, but Gaddafi's idea would have strengthened all of Africa in the opinion of hard-money economists. Gold is the ultimate honest money and the peg against which all other fiat currencies are ultimately devalued.

Pricing oil in something other than the dollar would attack the basis of US power in the world. The dollar is the reserve currency based on a deal made with the Saudis back in 1971 in which the Saudis as the world's largest oil producer agreed to accept only dollars for oil. RT concludes: "A change in this policy its NATO allies literally could not afford to let that happen."

The central banking Ponzi scheme requires an ever-increasing base of demand and the immediate silencing of those who would threaten its existence. Perhaps that is what the hurry is in removing Gaddafi in particular and those who might have been sympathetic to his monetary idea.

Anthony Wile is an author, political analyst, financial markets commentator, entrepreneur and founder of several successful free-market oriented Internet sites including Free-Market News Network (FMNN) and The Daily Bell. In founding these sites, Anthony brought a perspective based on more than 20 years of financial and business experience working with growth-oriented companies in a variety of sectors. In aggregate these free-market educational websites have reached millions of viewers and have remained on the cutting edge of alternative news publishing.

In 2004 while running FMNN, Wile was among the early adopters of video-Internet news programs. The programs included: This Week in Liberty with Harry Browne and Weekly World Report. In that same year, Wile secured the exclusive Internet broadcast rights for the 3rd-party debates for the Presidency of the United States. The debates, covered by the FMNN team of broadcasters including former two-time Libertarian candidate for US Presidency Harry Browne, were an enormous success, with more than 500,000 people logging on.

In 2008, Wile founded a Swiss-based publishing firm and started publishing The Daily Bell. Today, Wile continues to be the publication's Chief Editor. In 2011, Wile launched a non-profit foundation – The Foundation for the Advancement of Free-Market Thinking (FAFMT) – and donated the successful Internet publication, along with personal funds, to the Foundation. Wile serves as FAFMT's Executive Director and has established an experienced advisory board consisting of some of today's leading free-market thinkers.

FAFMT's stated focus is to promote and support the widespread advancement of laissez-faire economic and social principles, commonly associated with the Austrian School of Economics. FAFMT continues to assist with the expansion of The Daily Bell's publishing reach and freedom message. Wile and FAFMT also provide substantial financial assistance to other free-market educational efforts. (For more information on FAFMT beneficiaries, click here.)

In 2003, Wile published his first book as Yang titled, "The Liberation of Flockhead." Wile's second book, "High Alert," published under his own name in the summer of 2007, has been well received by the hard-money community and alternative media in general. High Alert is currently in its third edition and in addition to its native English edition, is available in German and Chinese as well. Wile has assisted with the completion of over a dozen additional free-market oriented books, working as a collaborative editor to several leading free-market thinkers.

Wile invented a term – dominant social theme – to encapsulate the process by which a powerful money elite deceives citizens into giving up their liberties. The process usually invokes the use of fear-based messaging that targets the bottom two levels of Maslow's heirachy of needs and where the larger percentage of citizenry is trapped. And those are the people that Wile and FAFMT are focused on educating about the importance of accepting personal responsibility for their own lives and not selling their freedoms to elite peddlers of baseless economic and social dreams.

Background: Anthony Wile was born in Bridgewater, Nova Scotia, Canada, in 1968. Wile Graduated from Saint Mary's University (SMU) with a degree in business in 1991. Wile worked in the Canadian investment industry with Scotia McLeod (Bank of Nova Scotia), and Nesbitt Burns (Bank of Montreal). In 1994 Anthony was made a Fellow of the Canadian Securities Institute, which is a designation awarded to financial services professionals who attain advanced education and experience in the Canadian securities industry. Following his career in the mainstream Canadian securities industry, Wile co-founded a Bahamian-based brokerage firm specializing in private asset management. The firm launched several funds, including a venture capital fund of which Wile was the manager. The firm was sold in 1999.

In 2000, Wile experienced a brief role as the CEO of a start-up junior mining company that became the subject of a civil attack by the SEC. Wile and others fought for more than seven years at great personal and financial expense before eventually settling the case without admitting any wrong doing. The assets of the company in question were subsequently purchased by a New York Stock exchange listed company; and the properties have now produced more gold than was initially suggested. Hundreds of investors lost literally tens of millions in deserved future profits because the SEC accused the company of over-promising a merger that was actually taking place. Perhaps this experience adds to Wile's fervor to expose the power elite and their societal manipulations.

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