I Can't Believe I Didn't Know This about Canada... I follow this guy on Youtube. He explains things elegantly. His Chinese accent is a bit rough.
The video is short. Question: How many of you knew that Canada -- Canada! -- has ZERO gold reserves having sold what they did have near the bottom of the market?
Here is what Sean Foo discusses in this relatively short video. I use captions because he has a heavy accent.
https://www.youtube.com/watch?v=DvEcXjIfFK4][/url]
Some of his points -- and this is from memory:
All Central Banks are buying massive amounts of gold
In the video he breaks down which countries have what
I think the UK sold off much of its gold as well
He believes at some point Canada must purchase gold
Please watch and comment, if you care to.