Central banks are buying gold, all except the Bank of Canada! Even with inflation sky-high and countries encountering a horrible currency crisis, Canada is still very deep into paper assets such as bonds. This is why it is a mistake as we move towards a world where currencies are failing and a global monetary reset might be around the corner. This is why central banks need to hold gold!
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Timestamps & Chapters:
0:00 You Have More Gold Than Canada
2:21 Canada Sold Everything
5:17 Why Canada Refuses To Hold Gold
7:54 Will Canada Run Back To Gold?
10:12 The Monetary Reset Risk
12:37 Gold Will Return As Money
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25 Comments
Are we suprised?? Why hold it, when you can steal it from the people ๐ค
Glad I have at least a months worth of rent in my mouth! ๐ But please kids: brush your teeth! ๐
This truly explains their current stance/foreign policy decisions and current pawn status
China stocking up tons of gold
Canada has alot of GOLD in the ground, so they aren't worried…
Canada is basically just a suburb of the U.S. So, that move makes sense – from the U.S. perspective. ๐
stop listening to this foo. Canada has maple syrup
Awesome upload brother ๐
Canadians, please own some gold. Government won't care about the people but the people can (and should) care about themselves.
Who cares about Canada ?
YEP, under Trudeau the last bit got sold out, like the rest of the contrey.
We are a subsidiary of the UK.
I mean, look at how their ruling government handles the country. ๐คญ
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what would be a good entry price to buy gold?
Canada is a trash nation.It's a sister concern of UK/US so not bothered muchs
Canada is an extension of the USA.
Trudeau is a known commodity, he won't hesitate for a nano second & will confiscate the gold from the Canadian population.ย This doesn't stop at gold, he has shown he has no compunction about Seizing anything he wants. The way he treated the truckers proves it.
They'll just nationalize
Another great show, Sean. Right on. ๐ฏ
What a bonehead move by Canadian Central Bank and Finance Ministry officials, you ALWAYS hedge your bets. Canada is set up for a big fall.
Australia only has 56 tonnes.. similar scenario
BLAME CANANDA!
I think they're relyin on their natural resources, geographical location and the US staying as a super power.
I must have said something accurate. The post was struck.