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It's Official: Canada Has Sold All Of Its Gold Reserves
Zero Hedge ^
| Tyler Durden
Posted on 03/03/2016 10:29:50 AM PST by blam
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Well...they must have been reading Free Republic and discovered that 'you can't eat gold.'
1
posted on
03/03/2016 10:29:50 AM PST
by
blam
To: Jet Jaguar
2
posted on
03/03/2016 10:30:34 AM PST
by
blam
(Jeff Sessions For President)
To: blam
They need cash to pay for a wall along their southern border.
3
posted on
03/03/2016 10:32:08 AM PST
by
BenLurkin
(The above is not a statement of fact. It is either satire or opinion. Or both.)
To: BenLurkin
They’re gonna make us pay for it. :-(
To: blam
Well, we’re covered for this year’s budget. Next year, we’ll tax all IRA money over $50K at 25%; they’re rich anyway. After that, it will be the next guy’s problem.
5
posted on
03/03/2016 10:33:08 AM PST
by
Darteaus94025
(Can't have a Liberal without a Lie)
To: blam
What a croc.....”no longer considered a form of currency...” By whom? Only governments that want to keep the value of their fiat currencies.
Why then is China buying so much gold? Banks? Others? Why is the price of gold UP?????
Because THE WORLD still values gold as currency........
6
posted on
03/03/2016 10:34:06 AM PST
by
Arlis
To: blam
Glenn Beck sure talks a lot about what a good investment gold is.
7
posted on
03/03/2016 10:34:54 AM PST
by
MNDude
(God is not a Republican, but Satan is certainly a Democrat.)
To: BenLurkin
Ah, but that Alaskan border, though.
STILL OPEN!
8
posted on
03/03/2016 10:35:31 AM PST
by
VanDeKoik
To: blam
Well, this explains one of the headlines in Bloomberg today:
Trudeau's Message to World: Let Government Spending Do the Work
Trudeau is Canada's Bernie Sanders, whom I believe also converted to Islam.
9
posted on
03/03/2016 10:36:25 AM PST
by
Obadiah
To: blam
But what about its strategic maple syrup reserves? (yes that is a real thing in Canada)
10
posted on
03/03/2016 10:39:11 AM PST
by
reaganaut
(Insert tagline here)
To: blam
11
posted on
03/03/2016 10:39:42 AM PST
by
bert
((K.E.; N.P.; GOPc;+12, 73, ....carson is the kinder gentler trump.)
To: blam
Who is buying all the gold?
Can’t sell without a buyer.
12
posted on
03/03/2016 10:40:22 AM PST
by
Eurotwit
(u)
To: VanDeKoik
You should see my backyard.
To: Billthedrill
Norway pretty much liquidated our gold reservers a bit more than a decade ago.
Typically for our inept conservatives at a low point on the gold price.
Instead the oil fund is buying stock and property.
14
posted on
03/03/2016 10:42:24 AM PST
by
Eurotwit
(u)
To: blam
I bet they made a lot of money selling gold mapleleafs though.
15
posted on
03/03/2016 10:42:57 AM PST
by
smokingfrog
( sleep with one eye open (<o> ---)
To: blam
Sell all you want, we'll make more................
16
posted on
03/03/2016 10:44:03 AM PST
by
Red Badger
(The Left doesn't like him and the Right doesn't like him, so he must be the right guy for the job...)
To: Arlis
Why then is China buying so much gold? Banks? Others? So they can sell it to YOU !!!
17
posted on
03/03/2016 10:44:19 AM PST
by
Zeneta
(Thoughts in time and out of season.)
To: Eurotwit
18
posted on
03/03/2016 10:44:21 AM PST
by
HombreSecreto
(The life of a repo man is always intense)
To: blam
Premiers uneasy about national carbon price, as Ottawa weighs unilateral action, Trudeau needs money for his Pet Muslims
To: blam
They elected a Prime Minster who ran on a promise massively deficit spend. What did you think would happen?
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