Muammar Gaddafi was pushing for a pan-African gold-backed currency, the gold dinar, that would have allowed African and Muslim nations to sell oil for gold instead of dollars. Hillary Clinton's leaked emails showed advisors noting the gold dinar as a threat to French and Western financial interests in Africa. Within months of the proposal gaining traction, NATO launched a military intervention. Gaddafi was killed in October 2011. Libya's gold reserves and sovereign wealth fund subsequently vanished.
Gaddafi proposed a gold-backed African currency to replace the dollar and euro -- NATO intervened months later
βThe real reason for NATO's intervention in Libya was not humanitarian concerns but Gaddafi's plan to introduce a gold-backed currency that would undermine the dollar and the CFA franc.β
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