Thursday, April 7, 2016

Osama Bin Laden saw gold as both a tool and an investment against the U.S. and the dollar

There are several analysts who believe that the primary reason that the U.S. funded rebel groups in Benghazi to eradicate Muammar Gaddafi was due to his ongoing initiative to take Africa away from the dollar, and into a new continental currency that was backed by gold.  This 'Gold Dinar' was a dream of the former Libyan leader, and a way for Africa to forge a prosperous future by returning to sound money at a time when the entire world was stuck in a fiat currency system.

Now on April 7 we find that Gaddafi was not the only Middle Eastern leader looking to trade their dollars for gold as a new report disclosed from contents of Osama Bin Laden's letters shows that he had instructed Al Qaeda to purchase the monetary metal both as a means to attack the dollar, and as an investment since he believed the price was going to double in a relatively short amount of time.


The former leader of Al-Qaeda instructed his followers to invest in gold, because he thought it would double in price, according to Bin Laden’s letters, cited by the New York Times. 
“The overall price trend is upward,” wrote the terrorist in a letter to senior Al-Qaeda member Atiyah Abd al-Rahman, adding that the price of gold would reach $3,000 an ounce in the next few years even with occasional drops. 
Bin Laden was interested in investing $5 million the terrorist organization had gained as a ransom from freeing an Afghan diplomat. The founder of the terrorist organization urged a third to be put into gold, another third in euro, with the rest going into Kuwaiti dinars and Chinese yuan. 
Bin Laden instructed his subordinates to buy gold in coins or bars, or in “10 tolas” gold bars, a common denomination in Asia. The Pakistani currency were to be avoided as its ‘value has been declining’, according to the memo. 
“Right now it is $1,390 an ounce, but before the events in New York and Washington it was $280 an ounce. If the price of gold reaches $1,500 or a little over before you get this message, it’s still alright to buy it,” Bin Laden wrote. - Russia Today
While most people will instantly discredit Osama Bin Laden for his ideas on gold simply because they have been programmed to hate the former terrorist leader and CIA agent (during the Afghan-Russia conflict), one has to take into consideration what America itself has been doing in stealing other nation's sovereign gold (as in Ukraine, Libya, and Saudi Arabia) through the guise of 'liberation' over the same time frame during the past five years.

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