🇨🇦 Canada Sold ALL Its Gold — And Almost Nobody Talks About It 😳
This is one of the most overlooked financial decisions in modern history.
In 1965, Canada held 1,023 tonnes of gold — worth roughly $149B today.
Over the following decades, every single ounce was sold.
Not in a crisis.
Not overnight.
But gradually — across multiple governments and central bank leaders.
Canada replaced physical gold with: • Foreign bonds
• Liquidity
• Paper assets
The result?
🇨🇦 Canada is now the ONLY G7 country with ZERO gold reserves 🤯
Compare that to: 🇺🇸 USA → ~8,133 tonnes
🇩🇪 Germany → ~3,352 tonnes
Very different philosophies.
This wasn’t partisan.
Leaders from Trudeau to Mulroney, and central bankers from Crow to Thiessen, shared one core belief:
👉 Gold was no longer relevant in a modern financial system.
Fast-forward to today 👀
• Inflation fears rising
• Geopolitical risk escalating
• Central banks aggressively buying gold
• Crypto entering the “store of value” debate
Suddenly, the question feels unavoidable:
Was selling all that gold a forward-thinking move…
or a historic miscalculation? 🤔
And the bigger question ⏳
Will Canada ever rethink its gold strategy?
History has a way of resurfacing when conditions change.
#Gold #Canada #Macro #CentralBanks #Write2Earn
🔥 Ultra-Short Hook (Comments / Reposts)
Canada once held 1,023 tonnes of gold.
Today: ZERO.
Only G7 nation with no gold reserves.
Modernization — or massive mistake? 🤔