LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

Gold Holdings for Canada

[LTGoldBull]

“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

[MakingHay]

Great post LTGoldBull The Canadian government does'nt need Gold, they own the taxpayer Nuf said .............................Hay