This gold was accumulated prior to the current rebellion and was intended to be used to establish a pan-African currency based on the Libyan golden Dinar. This plan was designed to provide the Francophone African Countries with an alternative to the French. franc (CFA).
(Source Comment [This is in the original declassified email, and is not a comment added by us]: According to knowledgeable individuals this quantity of gold and silver is valued at more than $7 billion. French intelligence officers discovered this plan shortly after the current rebellion began, and this was one of the factors that influenced President Nicolas Sarkozy’s decision to commit France to the attack on Libya. According to these individuals Sarkozy’s plans are driven by the following issues:
- A desire to gain a greater share of Libya oil production,
- Increase French influence in North Africa,
- Improve his internal political situation in France,
- Provide the French military with an opportunity to reassert its position in the world,
- Address the concern of his advisors over Qaddafi’s long term plans to supplant France as the dominant power in Francophone Africa)
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