Canada Sell Off Gold


    Canada has sold off all its official gold holdings, says David Chapman, chief economist with Bullion Management Group Inc. Canada’s official international reserves released by the Bank of Canada (BofC) on February 23 showed gold reserves at zero he says in the article ‘And Then There Was None: Canada Sells its Gold’ at the Private Wealth Canada website. Canada now stands as the only G7 nation that does not hold at least 100 tonnes of gold in its official reserves.