Just a thought and would love to hear other peoples opinions
I believe a lot of the wars such as the War in Iran was partly to do with the fact that Saddam was going to refuse to accept US dollars for Oil and wanted either Gold or Euros. This then made the war about Oil and Gold, once liberated, the US government exchanged Iran's Gold and US holdings for new Fiat Iranian Dinars
This is not the only country, Libya had Gold holding that is now, where? Also going back there is a long list of countries and examples like this.
Now look at Iran, how much Gold do they hold? It would be the mother load of seizes if the US does invade them, but it does occur to me for the US to keep invading sovereign countries they need to take the Gold to buy them more time as a debtor nation of unequaled military spending. Just to hold up their own currency they need to keep allowing a small amount of Gold to be sold as countries demand something real in exchange from their goods / services so as it runs out a new war must be waged.
Now (WHAT IF?) these countries ahead of time got rid of all their Gold? Could the US even afford to invade Iran knowing there would be NO Gold at the end of the invasion? would they just drain themselves in a pointless war? Yes they would then control Oil fields but if the US is drained of Gold then would they still be able to control a field in another country if the US dollars is falling rapidly?
The solution to me seems so simple, setup a Gold Reserve System with the Gold stored in the BRICS and issue a Gold backed currency with the BRICS, Iran would then physically transfer all the Gold to one of the BRICS (lets say Russia) and they are credited with the new currency. It's really no different than when the US established the Bretton Woods agreement except it would be a collation of Countries this time which won't allow a single country to have all the power and hopefully prevent this consolidation of power again. The agreement would also incorporate a combined military force of all the BRICS in protecting the Gold which would be stored in each country as a proportion of their economic size.
I mean why invade Iran if all their Gold is in another country, and would the US really go invade Brazil, Russia, India, China or South Africa when they combine their military? Plus the BRICS would be in a position they could just threaten to dump US dollars at any point.
Perhaps this is the plan anyway, all the BRICS are increasing the amount of Gold they annually buy and there is talk of a new currency (Perhaps backed by Gold) by the BRICS as well as a settlement program to rival SWIFT, time will tell
Interesting Source: (Sovereign states by current account balance - Source Wikipedia)
http://en.wikipedia.org/wiki/List_of_sovereign_states_by_current_account_balance
I believe a lot of the wars such as the War in Iran was partly to do with the fact that Saddam was going to refuse to accept US dollars for Oil and wanted either Gold or Euros. This then made the war about Oil and Gold, once liberated, the US government exchanged Iran's Gold and US holdings for new Fiat Iranian Dinars
This is not the only country, Libya had Gold holding that is now, where? Also going back there is a long list of countries and examples like this.
Now look at Iran, how much Gold do they hold? It would be the mother load of seizes if the US does invade them, but it does occur to me for the US to keep invading sovereign countries they need to take the Gold to buy them more time as a debtor nation of unequaled military spending. Just to hold up their own currency they need to keep allowing a small amount of Gold to be sold as countries demand something real in exchange from their goods / services so as it runs out a new war must be waged.
Now (WHAT IF?) these countries ahead of time got rid of all their Gold? Could the US even afford to invade Iran knowing there would be NO Gold at the end of the invasion? would they just drain themselves in a pointless war? Yes they would then control Oil fields but if the US is drained of Gold then would they still be able to control a field in another country if the US dollars is falling rapidly?
The solution to me seems so simple, setup a Gold Reserve System with the Gold stored in the BRICS and issue a Gold backed currency with the BRICS, Iran would then physically transfer all the Gold to one of the BRICS (lets say Russia) and they are credited with the new currency. It's really no different than when the US established the Bretton Woods agreement except it would be a collation of Countries this time which won't allow a single country to have all the power and hopefully prevent this consolidation of power again. The agreement would also incorporate a combined military force of all the BRICS in protecting the Gold which would be stored in each country as a proportion of their economic size.
I mean why invade Iran if all their Gold is in another country, and would the US really go invade Brazil, Russia, India, China or South Africa when they combine their military? Plus the BRICS would be in a position they could just threaten to dump US dollars at any point.
Perhaps this is the plan anyway, all the BRICS are increasing the amount of Gold they annually buy and there is talk of a new currency (Perhaps backed by Gold) by the BRICS as well as a settlement program to rival SWIFT, time will tell
Interesting Source: (Sovereign states by current account balance - Source Wikipedia)
http://en.wikipedia.org/wiki/List_of_sovereign_states_by_current_account_balance
Unlike in Australia there's more than enough private guns etc for the US to defend itself against aggression on their soil so just need to take away their desire to impose their aggression on others.
