“For generations, the United States of America has played a unique role as an anchor of global security and as an advocate for human freedom. Mindful of the risks and costs of military action, we are naturally reluctant to use force to solve the world’s many challenges.”
-President Obama
It seems like a real unnatural co-incidence that Libya has the world's top 25 Gold Reserves and is a major oil exporter and oil-well.
'Libya has the largest proven oil reserves in Africa with 42 billion barrels of oil and over 1.3 trillion cubic metres of gas. With only 25% of Libya’s surface territory explored to date there is every chance that actual reserves could see this figure dwarfed in coming years.'
-oilandgaslibya.com
It is true that Gaddafi is perhaps a mental-case and is oppressing his people, but does it give USA the right to challenge the nation's Sovereignty?
What is US's True agenda?
'Military intervention in Libya has cost the Pentagon an extra $550 million so far, mostly for bombs and missiles'
- The Washington Post
Adding to its already massive debt of 14-15 Trillion Dollars (Which excludes unpaid liabilities and the Freddie Mac & Fannie Mae Govt Debts), half a billion dollars and counting just for bombing Libya is the worst way to spend tax-payers money. Interest rates are still near zero, Real interest rates are negative. Where is Washington going to get the money to continue funding this war? 2 options, print more money or use more tax payers money.
Gold Simply reacts to the chaos that America: War with Libya/ Operation Odyssey Dawn started around the 18-19th of March. When markets reopened on the 21st (monday), Gold shot up almost instantly 10-15 dollars.
'The way to crush the bourgeoisie (middle-class) is to grind them between the millstones of taxation and inflation'
-V.I.Lenin
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