🇨🇦 Canada Sold ALL Its Gold — And Almost No One Talks About It 😳
This is one of the most overlooked stories in modern finance.
In 1965, Canada held 1,023 tonnes of gold — worth roughly $149 billion today.
Over the following decades, every ounce was quietly sold.
Instead of gold, Canada shifted into foreign bonds, liquidity, and paper-based assets — eventually becoming the only G7 nation with ZERO gold reserves 🤯
Meanwhile, other major economies took a very different path 👇
🇺🇸 United States: ~8,133 tonnes
🇩🇪 Germany: ~3,352 tonnes
This wasn’t a single political move. Multiple governments and central bank leaders — Trudeau, Mulroney, Crow, Thiessen — all shared the same view:
👉 Gold had no role in a modern financial system.
Fast-forward to today 👀
• Inflation risks are back
• Geopolitical tensions are rising
• Central banks are aggressively buying gold
• Crypto is entering the “store of value” conversation
So the question becomes unavoidable 🤔
Was selling all that gold a forward-thinking decision — or a historic misstep?
And the bigger question…
Will Canada ever reconsider its gold strategy? ⏳
History has a way of resurfacing right when it matters most.
#Gold #Canada #Markets #BinanceSquare #Write2Earn
