we also have gold
Post
Dr diana
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🚨💰 Canada sold ALL its gold — and most people don’t even realize it 😳
Here’s a wild piece of history. Back in 1965, Canada held 1,023 tonnes of gold, worth roughly $149B in today’s value. Fast forward a few decades… and it’s all gone.
Canada slowly sold off its entire gold reserve, choosing liquidity, foreign bonds, and paper assets instead of holding physical gold. That decision makes Canada the only G7 country with ZERO gold reserves today 🤯
Meanwhile…
🇺🇸 The U.S. still holds about 8,133 tonnes
🇩🇪 Germany holds around 3,352 tonnes
Big difference in strategy.
This wasn’t an overnight move — it happened across multiple governments and central bank leaderships, involving figures like Trudeau, Mulroney, Crow, and Thiessen. The belief was simple: gold wasn’t necessary anymore in a modern financial system.
Now, with inflation concerns, geopolitical tension, and renewed interest in hard assets, people are starting to ask 👀
Was selling all that gold actually a smart move?
With gold back in focus — and even crypto entering the “store of value” conversation — it raises an interesting question:
Will Canada ever rethink its gold strategy? ⏳
History has a funny way of coming back into the spotlight.
#Gold #Canada #Markets #Crypto #Write2Earn
$RVV $SQD $STORJ
Here’s a wild piece of history. Back in 1965, Canada held 1,023 tonnes of gold, worth roughly $149B in today’s value. Fast forward a few decades… and it’s all gone.
Canada slowly sold off its entire gold reserve, choosing liquidity, foreign bonds, and paper assets instead of holding physical gold. That decision makes Canada the only G7 country with ZERO gold reserves today 🤯
Meanwhile…
🇺🇸 The U.S. still holds about 8,133 tonnes
🇩🇪 Germany holds around 3,352 tonnes
Big difference in strategy.
This wasn’t an overnight move — it happened across multiple governments and central bank leaderships, involving figures like Trudeau, Mulroney, Crow, and Thiessen. The belief was simple: gold wasn’t necessary anymore in a modern financial system.
Now, with inflation concerns, geopolitical tension, and renewed interest in hard assets, people are starting to ask 👀
Was selling all that gold actually a smart move?
With gold back in focus — and even crypto entering the “store of value” conversation — it raises an interesting question:
Will Canada ever rethink its gold strategy? ⏳
History has a funny way of coming back into the spotlight.
#Gold #Canada #Markets #Crypto #Write2Earn
$RVV $SQD $STORJ