Worth your weight in gold......Canada's In trouble

   Have you ever thought about the saying " worth your weight in gold"? Well I would assume that would mean that gold is valuable and to most people it is but apparently not to the Canadian government which is selling it all off. We had about 3 tonnes of that pretty gold mineral in 2015 but not any more, we are down to about 0.62 tonnes this months, spells trouble to me since the United States has 8133 tonnes of it. Back in the 1970's Canada had over a thousand tonnes of gold in our reserves and now basically nothing.(http://globalnews.ca/news/2508940/canada-sells-nearly-half-of-all-its-gold-reserves/?sf20706041=1)

What worries me is if we go into a recession or a depression who will loan Canada money? Think about it like this, if you go to a bank to get a loan with bad credit(Canada debt is about 615 billion dollars) they will want collateral and with all of our gold reserves gone we don't have much to offer up.