TSX:LSG.DB - Post by User
Post by
LTGoldBullon Oct 28, 2013 11:08am
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Post# 21854149
Gold Holdings for Canada
Gold Holdings for Canada “Canada’s holdings fell to 3 tons last month from 3.1 tons”
Sad “3 Tons”, you would think with Mining being such a big part in the Canadian Economy and Gold, Gold Mines making up a large part of the Mining Industry, that the Canadian CB would be more supportive of holding more Gold as an asset.
Full Story,
https://www.bloomberg.com/news/2013-10-28/russia-cuts-gold-assets-for-first-time-in-a-year-as-prices-drop.html
In 1965, Canada had Official Gold Holdings at 1023 tons, the highest on record. They should be converting USD forex into Gold as a Hedge against a depreciating US Currency, US Debt Levels out of control and QE Forever.
https://www.24hgold.com/english/stat_country_detail.aspx?titre=central%20bank%20gold%20reserves%20(in%20ounces)&pays=Canada&deid=19576B1670
We are just one puppet under control of the master. Cheers, Mark