Gold Key To Financing Gaddafi Struggle -- Financial TimesThe international community has hit Muammer Gaddafi 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 Gaddafi’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.
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My Comment: Gaddafi’s control/holds 143.8 tonnes of gold .... let us not kid ourselves .... that buys a lot of influence, protection, military assets, and intelligence. He can fight a low intensity war for months with that type of financial backing.
