No one in the major media is wondering where Khadaffi’s 114 tons of gold is. I wonder if any of Republicans will inquire.
The Battle For Libya Is Almost Over... As Is The Battle For Its 144 Tons Of Gold
Tyler Durden’s picture
Submitted by Tyler Durden on 08/21/2011 18:42 -0400
http://www.zerohedge.com/news/battle-libya-almost-over-battle-its-144-tons-gold
Following a 6 month stalemate in which neither side had attained any advantage, it suddenly took just a few days for the Libyan rebel forces to steamroll unopposed into Tripoli. While we are confident that the political aftermath of this outcome will be very much comparable to what is happening in Egypt right now, many wonder why it is that the Libyan situation has progressed with such speed. Perhaps the answer can be found in the 143.8 tons of gold held by the Libyan Central Bank. Granted it is nowhere near close the 366 tons of gold that Venezuela supposedly has per the WGC, most of it likely held offshore and not being repatriated, the question of where the global gold cartel may find some of the much needed physical to satisfy Chavez’ demands has been now answered. Of course we assume that said gold has not already departed Libya in direction Caracas over the past 6 months. Which, in retrospect, we probably should, as it would explain why gold is now at $1875 and rapidly rising.
Libya's gold is worth only $6B, yes, six billion dolars. Lunch money. There are 6 billion ounces of gold above earth. Less than 1/1000 is Libyan gold.
It is merely red hering to distract from real heist, some $1T of Libya Sovereign wealth.
The trick is simple - who claim to be Libyan government, he has access to that wealth.
And this has been syphoned off as we speak.
Oil, LNG, phosphates, water need control on the ground. Neither NATO nor their AQ allies have it.
OTOH, Gaddafi can not access Libyan sovereign wealth abroad.
That's what this scam is all about. Once all sovereign wealth is syphoned, NATO will flee and NTC will disappear.
Sort of bank manager giving robber who robbed your house access to your accounts and your safe deposit box and allowing him hefty loan that robeer cashes on the spot. Once dust settles, you are left without any assets and saddled with a loan you did not take.