Best of the Week
Most Popular
1.Crude Oil Price Trend Forecast 2016 Update - Nadeem_Walayat
2.Will Deutsche Bank Crash The Global Stock Market? - Clif_Droke
3.Gold Price In Excess Of $8000 While US Dollar Collapses - Hubert_Moolman
4.BrExit UK Economic Collapse Evaporates, GDP Forecasts for 2016 and 2017 - Nadeem_Walayat
5.Gold Stocks Massive Price Correction - Zeal_LLC
6.Stock Market Predicts Donald Trump Victory - Austin_Galt
7.Next Financial Crisis Will be Far Worse than 2008/09 - Chris_Vermeulen
8.The Gold To Housing Ratio As A Valuation Indicator - Dan_Amerman
9.GDXJ Gold Stocks - A Diamond in the Rough - Rambus_Chartology
10.Gold Boom! End Game Nears As Central Banks Buying Up Gold Mining Companies! - Jeff_Berwick
Last 7 days
Why There is Trump - 27th Sept 16
Save Up to 70% in Shopping Expenses for Daily Items - 27th Sept 16
Gold’s Moving Averages and Long-Term Outlook - 26th Sept 16
September Stock Market - The Not So Silent Demise of Deutsche Bank - 26th Sept 16
SPX sell signal confirmed - 26th Sept 16
SPX is testing the next level of support - 26th Sept 16
Outrageously Entertaining US Presidential Campaign Final Stages - What Happens Next? - 26th Sept 16
BoJ, FOMC and Where To Now? - 26th Sept 16
Stock Market New All Time Highs Next - 26th Sept 16
Why Trump Will Win US General Election 2016 Prediction Forecast - 26th Sept 16
Martial Law Rolls Out Across the US As Jubilee Nears - 26th Sept 16
Stock Market More Correction Likely - 25th Sept 16
US Presidential Election Forecast 2016 - Trump Riding BrExit Wave into the White House - 25th Sept 16
US Economy GDP Growth Estimates in Free-Fall: FRBNY Nowcast 2.26% Q3, 1.22% Q4 - 24th Sept 16
Gold and Gold Stocks Corrective Action Continues Despite Dovish Federal Reserve - 24th Sept 16
Global Bonds: Why Our Analyst Says Things Just Got "Monumental" - 24th Sept 16
Where Did All the Money Go? - 23rd Sept 16
Pension Shortfalls Could Be 4X To 7X Greater Than Reported - 23rd Sept 16
Gold Unleashed by the Fed - 23rd Sept 16
Gold around U.S Presidential Elections - 23rd Sept 16
Here’s Why Eastern Europe Is Doomed - 23rd Sept 16
Nasdaq NDX 100 Big Cap Tech Breakout ? - 23rd Sept 16
The Implications of the Italian Banking Crisis Could Be Disastrous - 22nd Sept 16
TwinLakes Theme Park Summer Super 6 FREE Return Entry for Real? - 21st Sept 16
Has the Silver Bullet Run Out of Fire Power? - 21st Sept 16
Frack Sand: The Unsung Hero Of The OPEC Oil War - 21st Sept 16
What’s Happening With Gold? - 21st Sept 16
Gold vs. Stocks and Commodities, Pre-FOMC - 20th Sept 16
BrExit UK Inflation CPI, RPI Forecast 2016, 2017 - 20th Sept 16
European banks may be more important than the Fed this week - 20th Sept 16
Gold, Silver, Stocks and Bonds Grand Ascension or Great Collapse? - 20th Sept 16
Mass Psychology in Action; Instead of Selling Gilead it is Time to Take a Closer Look - 20th Sept 16
Hillary - Finally Well Deserved Recognition for Deplorables - 20th Sept 16
Fascist Business Model: Reich Economics - 19th Sept 16
Multiweek Correction in Gold and Silver Markets Continues - 19th Sept 16
Stock Market May Turn Ugly This Week - 19th Sept 16
China Is Digging Itself into a Deeper Hole - 19th Sept 16
Yellen’s Footnote 8 Would Put Interest Rates on Autopilot - 19th Sept 16
Central Bank Digital Currencies: A Revolution in Banking? - 19th Sept 16
UK Government Surrenders to China / France to Build Nuclear Fukushima Plant At Hinkley Point C - 19th Sept 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

The Power of the Wave Principle

The Great Anglo-American Gaddafi Deception, What's Really Going On

Politics / US Politics Mar 20, 2011 - 05:25 AM GMT

By: Ron_Holland

Politics

Best Financial Markets Analysis ArticleOne has needed a score card to keep up with the twists and turns of the situation in Libya and what will follow over the weekend is still unclear. My point is while we wish the people of Libya and their color revolution victory over crazy Gaddafi, they have likely been the unwitting pawns in a major deception by Washington to hide a dramatic Middle East foreign policy shift.


Highlights and Timeline

2/15 – Libyan color revolution begins.

3/3 – Obama finally says "Gaddafi must go" following previous two weeks of "It’s up to the people of Libya to decide".

3/11 – US Intelligence chief says "Gaddafi will prevail".

3/14 – Troops from Saudi Arabia & forces from U.A.E. are invited by Bahrain to invade and martial law put into effect while Saudi government cracks down on opposition at home.

3/16 – Sudden policy shift, after opposing No Fly Zone, Obama Administration urges quick acceptance and UN resolution to use force.

3/17 – Gaddafi has warns Benghazi residents "We are coming tonight…There won’t be any mercy".

3/17 – This was followed by UN Resolution authorizing No Fly Zone and use of force against Gaddafi.

3/18 – Libya proclaims ceasefire & halts military operations toward Benghazi after Gaddafi reoccupies most of oil fields.

Most of us are not old enough to have lived through the two greatest military deceptions of World War Two but you probably missed a similar operation during the last two weeks. The first was Hitler’s threat of an invasion against England which actually masked plans for Operation Barbarossa against the Soviet Union and Stalin fell for it. The second was an American deception for D-Day called Operation Quicksilver to convince the German High Command that the allies would invade France at the Pas-de-Calais instead of Normandy. The General Staff believed the ruse, while Hitler did not but acquiesced surprising to the military and the rest is history.

I’m writing about what I will call "The Great Anglo-American Gaddafi Deception" and today in the age of the internet and immediate news and opinion, this deception is not against a military enemy. Rather for several weeks it has served to mask a major American foreign policy shift from both the American people and our former allies in the Middle East color revolution movement.

Gaddafi: A Freak Sideshow Deception

I seriously doubt this change will receive any mainstream media coverage at all because the evidence of a policy decision to allow Gaddafi to survive along with possible genocide and retribution to take place inside his controlled territory is not a pretty picture. This is a sideshow and modern-day, bread-and-circus directed event to capture the attention of the public and news media. Again, forget the talking head experts on cable, as the real story is not about Libya but rather about Bahrain and Saudi Arabia and the danger the color revolutions present to Anglo-American interests in the Middle East and the continued world reserve status of the US dollar.

What happens now in Libya is anyone’s guess because it has served its purpose well and the delays provided the time necessary for Saudi Arabia and the Gulf council to invade tiny, insignificant Bahrain. The nation’s only importance is the opportunity for use as an Iranian bridge to Saudi oil.

The small island nation produces little oil but it like the major oil-producing region of Saudi Arabia is home to a regional Shiite majority which could ally with Iran. Washington and London, controlled by Anglo-American elite financial interests have decreed that the color revolutions must end at the edge of the Sunni/Shiite oil-producing regions.

Simply put, the out-of-character US delays and back-and-forth statements and policy changes on Libya which provided Gaddafi free rein to advance and almost defeat the rebels was all a sideshow and diversion. Remember this was thought necessary before the sudden earthquake and tidal wave in Japan to keep the Saudi invasion, threat of genocide in Bahrain and against Shiites in the Saudi oil region off the front pages and cable news shows until the revolutions there could be contained.

It’s All About the Dollar

The fiat US dollar only survives as the world’s reserve currency because the majority of the oil producers demand payment in dollars. The important significance of this was detailed in Anthony Wile’s recent "Mid-East Conflict Not Exactly About Oil" which appeared last week in The Daily Bell. Although Iran now sells oil in other currencies, the other major oil-producing nations still demand payment for oil in US dollars thus requiring ALL nations to utilize dollars as a reserve currency. Quoting Tony, "That is if they wanted to buy any oil – as dollars were what the Saudis and the rest of the OPEC members would accept. This created the effect of an ever-growing demand for dollars. And like any Ponzi scheme, you need an ever-expanding base of demand, or else it crumbles, which they all eventually do."

Saudi Arabia and the United Arab Emirates dispatched forces to Bahrain on Monday to protect the Sunni ruling family in power from the Shiite majority in Bahrain which if successful could threaten Saudi oil reserves in eastern Saudi Arabia. While Gaddafi is a madman and the Saudi Royal Family are one of the better ruling elites in the region, the case could just as easily be made for a UN resolution against Saudi Arabia and the UAE actions as the Libyan situation if this were in the best interests of the Anglo-American foreign policy and monetary interests.

While the mainstream news and propaganda talks incessantly about the sudden Obama Administration policy shift toward Libya on Thursday, the real policy change took place several weeks ago with the color revolutions sweeping the Arab world. Washington and London have decided the greatest threat to the Anglo-American control and their power structure are the freedom revolutionaries in the Middle East.

It is not that they oppose freedom or favor authoritarian regimes. Rather this new movement is decentralized, internet and social media based and outside their control. This threatens the oil and dollar schemes they have been running in the Middle East but impacting the rest of the world for over 60 years and hence the reason for the policy shift.

Therefore, if you are following the news over the weekend whether the UN approved use of military force takes place against Gaddafi or he digs in and sits on his oil resources while the West gets mired down in another Middle East intervention, remember the real action is taking place elsewhere.

The important and in their view, necessary actions are happening in and around Saudi Arabia as Washington together with the oil producing countries near Iran are taking care of business to maintain their control over oil resources, the payment in dollars and to contain the freedom revolutions which threaten their interests. Remember, it’s all about the dollar being maintained for a while longer as the world reserve currency and oil resources. The establishment of democratic forms of government or whether the people will have a decision over their future in the area is immaterial to the survival of the status quo in Washington and the region.

Ron Holland [send him mail], a retirement consultant, works in Zurich and is a co-editor of the Swiss Mountain Vision Newsletter. He is the author of the special report, "Get Ready To Escape the Obama Retirement Trap" and you can email him for the complete report.

    http://www.lewrockwell.com

    © 2011 Copyright LewRockwell.com - All Rights Reserved
    Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife