Oh, Canada!

[Gatito Bandito]

The government of Canada sold off large amounts of its gold reserves in recent months, leaving only 0.62 tonnes of gold.


http://globalnews.ca/news/2508940/canada-sells-nearly-half-of-all-its-gold-reserves/

 

[Mintaka]

Probably to pay for kicking its armed forces off military bases and moving Syrian "refugees" onto them. $600 Million from memory. http://youtu.be/VD7r2Q_jHd0

 

[Skyrocket]

Fools!

 

[Cimexus]

Well they sure timed that poorly, gold sitting at multi-year lows (though, not in CAD, which is generally within a cent or two of the AUD). If they'd waited just a month longer until now they would have reaped 10-15% better price...

 

[billybob888]

Well they sure timed that poorly, gold sitting at multi-year lows (though, not in CAD, which is generally within a cent or two of the AUD). If they'd waited just a month longer until now they would have reaped 10-15% better price...

They can easily print cash to make up for that 10-15%

 

[sammysilver]

Makes sense to me, I'm getting out of precious metals.

 

[GoldenEye]

Makes sense to me, I'm getting out of precious metals.

:lol: :lol: :lol:

 

[MetalHeart]

Canada sells off most of its gold reserves:


https://youtu.be/Vb5RaiAL5Cw