Canada ๐จ๐ฆ is the only G7 country with zero gold reservesโฆ and it was done by choice ๐คฏ
Back in 1965, Canada held 1,023 tonnes of gold โ worth around $180B today ๐ฐ
Over the years, they sold all of itโฆ with the final 77 ounces gone in February 2016 for just ~$130K ๐ฌ
This wasnโt one decision โ it spanned six prime ministers: Trudeau Sr., Mulroney, Chrรฉtien, Martin, Harper, and Trudeau Jr.
Every government kept selling ๐
The official reasoning?
โก๏ธ โInterest-bearing foreign assets are better than gold.โ
Translation: they preferred holding USD ๐ต
But hereโs the twistโฆ
Gold was around $1,200/oz in 2016
Today itโs near $4,600/oz ๐
Those 1,023 tonnes?
Now worth about $180B
Total Canada made from selling?
๐ Just $4.3B
Thatโs roughly $175B left on the table ๐ณ
Meanwhile, other G7 nations are stacking gold at the fastest pace in 50+ years ๐ฆ
And Canada?
One of the worldโs biggest gold producersโฆ yet holds none ๐ค
History will judge this move ๐
If you want to know where smart money could flow next, stay alert ๐
$SKYAI ๐
#Canada #Gold #GoldReserves #Economy #WealthHistory