Where did it go?
Freedom of contract. We sell them guns that kill them; they sell us drugs that kill us.
Last edited by: tungsten on July 21, 2020, 8:17 p.m., edited 1 time in total.
Gold
It beta decayed into iridium.
Posted by: KenN
Canada sold off gold reserves to hold other, more fungible assets in reserve. Nice cherry pick, mister macroeconomic wizard.
I'm surprised he couldn't find the answer on counterpunch...
Posted by: chupacabra
Posted by: KenN
Canada sold off gold reserves to hold other, more fungible assets in reserve. Nice cherry pick, mister macroeconomic wizard.
This comic is gold.
Gold jerry! Gold!
It was converted to cash and spent as part of the budget by consecutive governments since the height of Canada's gold holdings in 1965 (at 1,023 tonnes).
Add on; Canada's currency hasn't been backed by against Gold since 1933.
Last edited by: rnayel on July 22, 2020, 4:09 p.m., edited 3 times in total.
Didn't know that. Why did the yanks wait another 38 years?
Posted by: switch
I'm surprised he couldn't find the answer on counterpunch...
Apparently Canada has a somewhat tarnished relationship with gold.
Last edited by: tungsten on July 22, 2020, 7:57 p.m., edited 2 times in total.
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