The United States Stole Iraqi Gold & Oil Hoax Debunked!
There is a conspiracy theory going around, claiming that the United States stole Iraqi gold and oil, specifically 20 TRILLION dollars in gold and 30 TRILLION dollars worth of oil.
It is usually backed up by these pictures of American soldiers posing with Iraqi gold bars, and an Al Jazeera news report.
The United States Stole Iraqi Gold & Oil Hoax
Here is an example of the conspiracy claim that the United States stole Iraqi gold and oil :
Let’s break down this conspiracy theory and see how many points are true, and how many are false.
The United States Stole Iraqi Gold & Oil Hoax Summary
Here is a summary for those who don’t need the full details :
- It is NOT POSSIBLE for the US to steal $30 trillion worth of Iraqi oil, because Iraq did not have that much oil.
- It would take the Iraqis 685 years to extract $30 trillion worth of oil!
- It is NOT POSSIBLE for the US to steal $20 trillion worth of Iraqi gold, because humans have only mined $9.2 trillion worth of gold up to 2019.
- It would take the WORLD another 90 years of mining gold at high gold prices to hit $20 trillion.
- Saddam Hussein did not have weapons of mass destruction. Neither was he involved in the 9/11 attacks.
- The Americans invaded Iraq AFTER they invaded Afghanistan… not the other way around.
- The US only discovered deposits of lithium and other minerals 5 years AFTER invading Afghanistan.
- As of 2019, there are still no lithium mines in Afghanistan
- The missing money in the Al Jazeera report was actually part of a $20 billion contribution to Iraq from the United States
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