Saddam Hussein’s & Gaddafi’s Gold ?

iraq gold bush gadaffi


U.S. Troops Find 2,000 Gold Bars
Treasure Hunt News / May 10, 2010

U.S. officials believe they have caught Iraqis trying to smuggle a half billion dollars in gold into Syria.

Soldiers from the Army’s 3rd Armored Cavalry Division stumbled on the cache Thursday during a routine traffic stop at a checkpoint near the Syrian border, Central Command announced today.

Soldiers stopped two Iraqis driving in a Mercedes truck filled with 2,000 40-pound gold bars, Army officials say.

The two Iraqis said they believed the truck was loaded with bronze. They say someone paid them the Iraqi equivalent of just $350 to drive the bars to a meeting point near the border town of Al Qaim.

The Army plans to test the bars just to be sure that it is gold. But they now say the find may turn out to have a total worth of $500 million.

But U.S. officials are hopeful that this may be half of the $1 billion in gold believed stashed away just before the war by Saddam Hussein and his sons.

According to the IMF, Libya’s Central Bank is 100% state owned. The IMF estimates that the bank has nearly 144 tons of gold in its vaults. It is significant that in the months running up to the UN resolution that allowed the US and its allies to send troops into Libya, Muammar al-Qaddafi was openly advocating the creation of a new currency that would rival the dollar and the euro. In fact, he called upon African and Muslim nations to join an alliance that would make this new currency, the gold dinar, their primary form of money and foreign exchange. They would sell oil and other resources to the US and the rest of the world only for gold dinars.

golden lily

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