(Scooped news)
"Mackenna’s Gold" was a popular film of 1969 directed by J. West Lee Thompson, starring Gregory Peck, Omar Sharif, Telly Savalas, Camilla Sparv, and Julie Newmar. It was a successful film of the Western classics! It was a search for blood stained riches in the desert.
After almost 40 years, gold Gaddafi a major factor in the world.
The international community Muammer Gaddafi struck with an array of sanctions and the freezing of assets to reduce its funding. However, the Libyan leader is besieged sitting on a pot of gold.
The central bank under the control of Colonel Gaddafi of Libya has 143.8 tons of gold, according to latest figures from the International Monetary Fund, although some suspect that the actual number could exceed several tons.
These reserves, among the top 25 worldwide, worth more than $ 6.5 billion at current prices, enough to pay a small mercenary army for months or even years.
Although many central banks hold gold reserves in the coffers International in London, New York or Switzerland, Libya is gold in the country, said people familiar with the country’s activities in the gold market.
Several governments have frozen billions of dollars in assets in Libya, as sanctions have hit the central bank, the sovereign wealth fund and state oil company.
But the gold reserves of Libya, Muammar Gaddafi, can provide a life line – if you can sell. To raise large amounts of money, the bankers said, Muammar Gaddafi, carrying bullion to Libya.
Before violence erupted gold was stored in the central bank in Tripoli. But since then, he may have been moved to another location, such as the southern city of Sabha – to reach the border with Chad and Niger.
political turbulence in the Middle East – not only to increase the price of gold to a record $ 1.444 troy oz – pointed out a feature that has for centuries gold so attractive to criminals, dictators and investors: it does not depend on the government of its value.
After the revolution in Egypt, the country has banned the export of gold in the four months to prevent former government officials to move their wealth abroad.
At the same time, Iran has been quietly stock up on gold in recent years, in an apparent attempt to move away from the dollar and thus protect its reserves against the risk of seizures. Other major buyers of gold includes China, Russia and India.
No international bank or trading house is likely to buy gold with a hint of a link to the Libyan regime, said bankers. "Homes are now trading physical reluctant to deal with countries that were involved in the conflict – they do not know who is at the end of trade," said one banker.
But Gaddafi was able to take the gold in Chad and Niger, where gold was traded currency moved to the bank-owned Libyan Foreign Bank – a subsidiary of the bank.
"If a country like Libya to make its liquid gold, it would probably be in the form of an exchange – whether for weapons, food or money," said Walter de Wet, Head of Commodities Research at Standard Bank.
In addition to the gold reserves, Colonel Qaddafi has also raised money from oil sales outside the traditional channels.
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