🚨 Canada Gold Supply Shock: Royal Canadian Mint Reviews Cartel Gold Claims
The Royal Canadian Mint has launched a full internal review after allegations that some of its gold may trace back to Colombian mines controlled by the Clan del Golfo cartel. Reports say the material was blended in Texas with U.S. gold, then classified as “North American.”
• Immediate Action – Mint says it suspended refining from the questioned supply chain once allegations surfaced.
• Supply Chain Concern – About 5% of rough gold refined last year reportedly came from mixed material sources.
• Bigger Theme – Rising gold prices are exposing weak traceability across global bullion markets.
📊 Insight: If trust in “clean gold” sourcing weakens, it could push investors toward fully auditable assets like tokenized gold or even Bitcoin.
#Gold #Canada #CryptoNews #bullion #markets $XAU $XAUT $PAXG
