{"id":4623,"date":"2011-03-22T18:28:00","date_gmt":"2011-03-22T18:28:00","guid":{"rendered":"https:\/\/onlygunsandmoney.com\/2011\/03\/22\/gaddafis-gold\/"},"modified":"2019-08-16T18:13:50","modified_gmt":"2019-08-16T18:13:50","slug":"gaddafis-gold","status":"publish","type":"post","link":"https:\/\/onlygunsandmoney.com\/?p=4623","title":{"rendered":"Gaddafi&#8217;s Gold"},"content":{"rendered":"<div class='__iawmlf-post-loop-links' style='display:none;' data-iawmlf-post-links='[{&quot;id&quot;:17896,&quot;href&quot;:&quot;http:\\\/\\\/www.ft.com\\\/cms\\\/s\\\/0\\\/588ce75a-53e4-11e0-8bd7-00144feab49a.html#axzz1HLuQM8bd&quot;,&quot;archived_href&quot;:&quot;&quot;,&quot;redirect_href&quot;:&quot;&quot;,&quot;checks&quot;:[],&quot;broken&quot;:false,&quot;last_checked&quot;:null,&quot;process&quot;:&quot;done&quot;}]'><\/div>\n<p>Gold is often used as an alternative investment, as a hedge against inflation, or, as in the past, as a means to back up paper currencies with something of real value. Thanks to Colonel Gaddafi, the despot ruling the Great Socialist People&#8217;s Libyan Arab Jamahiriya &#8211; otherwise known as just Libya, there is now another use.<\/p>\n<p>Mercenaries.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/588ce75a-53e4-11e0-8bd7-00144feab49a.html#axzz1HLuQM8bd\" target=\"_blank\" rel=\"noopener\">According to the Financial Times<\/a>, Gaddafi has 143.8 metric&nbsp;tons of gold at his disposal with which to pay for his army of mercenaries. In dollar terms with gold at $1,444 a troy ounce, this converts to $6,676,012,459. While that might not support the American military for a long time, it certainly can pay for a lot of mercenaries willing to fight to preserve Gaddafi&#8217;s position.<\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>","protected":false},"excerpt":{"rendered":"<p>Gold is often used as an alternative investment, as a hedge against inflation, or, as in the past, as&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[1],"tags":[4392,2940],"class_list":["post-4623","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-gold","tag-libya"],"_links":{"self":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/4623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4623"}],"version-history":[{"count":1,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/4623\/revisions"}],"predecessor-version":[{"id":6431,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/4623\/revisions\/6431"}],"wp:attachment":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}