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There's growing speculation that Libyan dictator Moammar Gadhafi was targeted by NATO because of his plans to introduce a gold dinar – "a single African currency made from gold, a true sharing of the wealth."

Gaddafi had called on African and Muslim nations to join together to create this new currency that would rival the U.S. dollar and euro. The plan was to sell oil and other resources around the world only for gold dinars. A country's wealth would depend on how much gold they have and not how many dollars they trade.

Libya has 144 tons of gold. By comparison the United Kingdom has double that amount but 10 times the population.

Had the plan succeeded it would have shifted the economic balance of the world.

"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," Anthony Wile, founder and Chief Editor of the Daily Bell told Russia Today in an interview back in May 2011. "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."

Do you believe Gaddafi was targeted because of his plans to introduce this new currency?

 



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