Why did the West glorify Gaddafi's death?

 For those more casual visitors to this blog who are wondering why a "Gold" blog is featuring a well reasoned discussion about Gaddafi's death, well let me give you an explanation.

US Foreign Policy

• If the perception of the US is tarnished then this feeds back (amongst a myriad of other factors) into the country's international standing which can be reflected in the value of it's currency. As Gold and other precious metals are traded internationally in US$ if the US$ falls over time this feeds back into the price of Gold.

Gaddafi's discussions regarding a Pan African currency

•  Which was to be based on a Gold Dinar and to start trading oil directly for gold, a video on this topic can be viewed here (in regards to the trading of Gold for Oil the House of Saud has been doing this since the 70's oil shock, but they have the common sense not to bite the hand of their master and trade Oil for US$ then trade the US$ for gold, related post here)

 
From: PressTVGlobalNews  | Oct 30, 2011