When Gadhafi Falls, Does Libya's Gold Get Leased at 1% per Year? Or Does It Go Straight to Morgan Chase (Exchange Stabilization Fund)?
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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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When Gadhafi Falls, Does Libya’s Gold Get Leased at 1% per Year? Or Does It Go Straight to Morgan Chase (Exchange Stabilization Fund)?
By Jack Farchy and Roula Khalaf
The international community has hit Mommar Gadhafi with a raft of sanctions and asset freezes aimed at cutting off his funding. But the embattled Libyan leader is sitting on a pot of gold.
The Libyan central bank — which is under Colonel Gadhafi’s control — holds 143.8 tonnes of gold, according to the latest data from the International Monetary Fund, although some suspect the true amount could be several tonnes higher.
Continue reading the article . . .
Related reading:
Exchange Stabilization Fund
Wikipedia
Kadhafi ‘Hoarding Billions in Tripoli’
France24 (10 March 11)
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