Trudeau selling gold for US Treasuries is coming back to haunt Canada with the announcement to sell our USTs (gold also outperformed 10-year US bonds since 2000)
What will we sell USTs for? Gold at higher prices? Other currencies like the EUR? IMF SBRs?
Or Bitcoin to hedge against trade wars, inflation, & CAD depreciation:
nostr:naddr1qq45xctwv9jxzttwv4jkguedgf5hgcm0d9hz66tw945hgued23ex2ctnw4e8jttrv9sk76mcqgs9ez06ea26rc45f4rf0cyckdxkvvhlvekeawqee29jttp0hjm5mkcrqsqqqa28qr0795
I suspect at least some of it will go to buying CAD.
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Which is depreciating against the dollar, brilliant