In my quest to find motives/ intentions of replacing gold with paper money, I had come across an article (refer http://rt.com/news/economy-oil-gold-libya/ ) and the following video embedded:


Some points & quotations to be pondered on:

1. There is a possibility that intervention in Libya is about Gaddafi's plan to introduce the gold dinar, instead of protecting civilians or oil agenda.
2. “It’s one of these things that you have to plan almost in secret, because as soon as you say you’re going to change over from the dollar to something else, you’re going to be targeted,” says Ministry of Peace founder Dr James Thring. “There were two conferences on this, in 1986 and 2000, organized by Gaddafi. Everybody was interested, most countries in Africa were keen.”
3. The idea of selling oil and other resources only for gold dinars would shift the economic balance of the world, and Gaddafi had been urging African and Muslim nations to join together to create this new currency that rival the dollar and euro. A country’s wealth would depend on its gold reserve, and not how its traded dollars.
4. Libya has 144 tons of gold. UK, for example, has twice as much, but with ten times population.
5. “If Gaddafi had an intent to try to re-price his oil or whatever else the country was selling on the global market and accept something else as a currency or maybe launch a gold dinar currency, any move such as that would certainly not be welcomed by the power elite today, who are responsible for controlling the world’s central banks,” says Anthony Wile, founder and chief editor of the Daily Bell. “So yes, that would certainly be something that would cause his immediate dismissal and the need for other reasons to be brought forward from moving him from power.”
6. In 2000, Saddam Hussein announced Iraqi oil would be traded in euros, replacing dollars. Sanctions and invasion followed might be the move to prevent OPEC from transferring oil trading in all its member countries to euro.
7. “The US have denied self-determination to Africans inside the US, so we are not surprised by anything the US would do to hinder the self-determination of Africans on the continent,” says Cynthia Ann McKinney, a former US Congresswoman.
8. A gold dinar would provide oil-rich African and Middle Eastern countries the power to turn around to their energy-hungry customers and say:  “Sorry, the price has gone up, and we want gold.” which  US and NATO allies would like to avoid.

Now it gave me more motivation to find the truth - the possible motive on replacing gold with paper money.=)