Just realized something wild about Canada's financial history that most people completely miss. Back in 1965, Canada gold reserves hit 1,023 tonnes—worth about $149 billion in today's money. Now? Zero. Literally nothing. 🤯

They didn't lose it. They sold it all off. Slowly, methodically, across decades and multiple governments. Trudeau, Mulroney, Crow, Thiessen—different eras, same direction. The logic at the time made sense: who needs physical gold when you've got foreign bonds, liquid assets, and a modern financial system, right?

Here's where it gets interesting though. Canada is now the ONLY G7 country sitting with zero gold reserves. Meanwhile the U.S. is sitting pretty with about 8,133 tonnes. Germany? 3,352 tonnes. Even smaller economies kept their gold. But not Canada.

I'm genuinely curious whether that strategy looks as smart today as it did 20-30 years ago. We're living in a totally different world now—inflation concerns are back, geopolitical tensions are rising, people are suddenly obsessed with hard assets again. Gold's relevance is back in the conversation. Crypto entered the "store of value" debate. Everything's shifted.

The question that keeps popping into my head: was liquidating all those Canada gold reserves actually the move? Or is this one of those historical decisions that future generations will look back on and wonder "what were they thinking?"

Funny how these cycles work. Sometimes the old playbook becomes relevant again when everything else feels uncertain.