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Message: Massive Squeeze Coming As WGC Confirms Gold-Backed Yuan

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Beaver ( I met you at JSinclairs presentation in Toronto a few years ago) -As Understand it Canada has essentially no gold left in the the vaults as they sold it at the same time as Gordon Brown. I am concerned that when financial conditions change such as a a new world reserve currency backed by gold and other strategic assets the Canadian Government will figures out that the C dollar is not as good as it thought.

I have never heard anyone else talk about Canada nationalizing the gold mines but if things get tough it is a possibility that they would do that. Anyone esld on the board tell me if I am way out to lunch or not.

I do not know how we as investors even begin to plan for that.

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