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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Canada's Almost Non-Existant Gold Reserves Getting Smaller

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Joe2007
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Canada sells off large chunks of its gold reserves
http://globalnews.ca/news/2508940/c...sf20706041=1


Quote:
The government of Canada sold off large chunks of its gold reserves in recent weeks, continuing a pattern of moving away from the precious metal as a government asset.

According to the International Monetary Fund's International Financial Statistics, Canada held three tonnes of gold reserves as of late 2015.


The chart at the bottom of the article is staggering, apparently with these sales Canada is scraping the bottom of the bucket of its gold reserves and only has 0.62 tons remaining.
Fuzzy317
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Already being discussed here:
Gold Maple leaf no more?

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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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