🇨🇦 CANADA & GOLD: A LITTLE-KNOWN FACT
Canada once held significant gold reserves, but over several decades it gradually sold them off.
By the mid-2010s, Canada’s official gold reserves were reported to be close to zero, making it unique among major G7 economies.
While many countries continue to hold gold as part of their reserves, Canada chose a different approach—favoring foreign currencies and bonds instead.
Whether this decision was right or wrong depends on perspective.
What’s clear is that gold has gained importance again globally, as central banks around the world increase their holdings amid economic uncertainty.
Gold remains more than a commodity—it’s often viewed as a long-term store of value and financial
insurance.
For information & discussion purposes only.#Canada #GOLD #BTCVSGOLD #USIranMarketImpact #WriteToEarnUpgrade
