๐จ Canada sold ALL its gold reserves โ and most people still donโt realize it! ๐ณ๐ฅ
Hereโs a wild piece of history: Back in 1965, Canada held 1,023 tonnes of gold ๐, worth roughly $149B+ in todayโs dollars ๐ฐ (with gold soaring past $4,500/oz lately ๐ฅ).
Fast forward... and itโs ALL GONE . Zero. Nada. โฐ๏ธ
Canada gradually sold off its entire gold reserve over decades ๐, opting for liquidity, foreign bonds, and paper assets instead of physical gold. That makes Canada the ONLY G7 country with ZERO official gold reserves today ๐คฏ (U.S.: ~8,133 tonnes ๐บ๐ธ | Germany: ~3,352 tonnes ๐ฉ๐ช).
Big difference in strategy! ๐
This wasnโt overnight โ it spanned multiple governments and Bank of Canada leaders (Trudeau, Mulroney, Crow, Thiessen, and more). The thinking? Gold wasnโt needed in a modern fiat system anymore. ๐ค
Now, with raging inflation ๐ฅ, geopolitical chaos โก, and a massive global rush back to hard assets... people are asking: **Was dumping ALL that gold a genius move... or a massive miss?** ๐
Goldโs on fire again ๐, and even cryptoโs joining the โstore of valueโ chat ๐ธ โ itโs got everyone wondering:
Will Canada ever rethink its no-gold strategy? โณ๐ง
History loves a comeback... and goldโs shining brighter than ever! โจ
#GOLD #Canada #markets #crypto #Write2Earn
