🇨🇦 CANADA SOLD ALL ITS GOLD — HISTORY LESSON

1965: Canada held 1,023 tonnes of gold (~$149B today)

Today: ZERO gold reserves — only G7 country with none

Replaced gold with foreign bonds and paper assets over decades

🔍 Context

USA: ~8,133 tonnes | Germany: ~3,352 tonnes

Decision spanned multiple governments, all believing gold was unnecessary in a modern financial system

🌍 Fast Forward to Today

Inflation fears rising

Geopolitical tensions increasing

Central banks are buying gold again

Crypto enters the store-of-value debate

🧠 Question Was selling all that gold a smart modernization move… or a historic mistake? 🤔

#Gold #Canada #Macro #Markets #Crypto

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