🚨💸 Canada Dumped Its Entire Gold Stockpile — and hardly anyone talks about it
Most people don’t know this, but Canada once ranked among the world’s biggest gold holders. In the mid-1960s, the country owned over 1,000 tonnes of gold — today that would be worth nearly $150B.
Over the years, however, Canada gradually offloaded every single ounce. Instead of keeping bullion, the government shifted into liquid reserves, foreign debt instruments, and other paper-based assets. Today, Canada stands alone as the only G7 nation with zero gold reserves.
Compare that with: 🇺🇸 United States — still holding about 8,100+ tonnes
🇩🇪 Germany — sitting on roughly 3,300+ tonnes
This wasn’t a sudden decision. It happened step-by-step across multiple administrations and central bank leaders who believed gold had lost its importance in a modern monetary system.
But times are changing.
With inflation fears, global uncertainty, and rising interest in hard assets — including crypto as a potential store of value — people are starting to question that strategy.
🤔 Did Canada give up too early?
⏳ And will the country ever rethink its approach to gold?
Sometimes history circles back when you least expect it.
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