Invest Offshore

Tag: Bank of Canada

  • The Worst Move in G7 History: Canada’s Gold Blunder and the Carney Quid Pro Quo

    The Worst Move in G7 History: Canada’s Gold Blunder and the Carney Quid Pro Quo

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    by

    Aaron
    in

    In a world increasingly rocked by inflation, currency debasement, and geopolitical shocks, one asset has stood the test of time: gold. But not for Canada. While every other G7 nation maintains a strategic reserve of gold bullion, Canada holds none. Zero. Zilch. Nada. And that may go down in history as the worst financial blunder…

  • Here’s Why Canada Has No Gold Reserves

    Here’s Why Canada Has No Gold Reserves

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    by

    Aaron
    in

    Canada’s gold reserves stand at a stark, embarrassing zero, a glaring anomaly for a nation historically steeped in gold mining and resource wealth. This is the legacy of Mark Carney, former Governor of the Bank of Canada, whose tenure epitomized misguided monetary policies, strategic blunders, and economic shortsightedness. A Legacy of Mismanagement Under Carney’s leadership,…

  • How Solid are Canada’s Big Banks?

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    by

    Aaron
    in

    The World Economic Forum consistently ranks Canada’s banks among the world’s safest[1]. Competent regulators have overseen stress tests, tightened lending standards and delinquency rates are low. Demographics are good and the country’s diversified economy is backed by a treasure of oil, wood, gold and other natural resources. So the experts say. Institutional investors, relying on…