šØš„ CANADAāS GOLD MISTAKE ā A $160B LESSON šØš¦š°
One of the biggest strategic blunders in modern financial history š
Back in 1965, Canada held gold reserves worth ~$1.2B.
At todayās prices, that same gold would be worth $160B+ š¤Æ
Instead, Canada sold all of it.
š¹ Canada is now the only G7 country with ZERO gold reserves
š¹ No gold safety net during inflation, debt stress, or global crises
š¹ Meanwhile, the U.S., Germany, Japan, China continue stacking gold quietly
Central banks know the game:
Gold = long-term hedge + monetary insurance
Canada timed the market wrong ā and paid the price.
A reminder that selling hard assets too early can cost hundreds of billions. ā ļø
Key Takeaways š
⢠Gold is a long-term store of value
⢠Opportunity cost matters more than short-term thinking
⢠Strategic reserve decisions echo for decades
History doesnāt repeat ā but it definitely rhymes. š”
#GOLD #Macro #Inflation #CentralBanks #History #BinanceSquare
