Canada's Gold Reserve Problem ... It Has None

[jimlap777]

We have plenty of gold in the ground, don't need to put it in a special room. And we have even more black gold...

[katchum]

Canada doesn't need gold, they have a huge amount of oil reserves.

[grimreaper957]

there's gold mines all over Canada......this doesn't make scene.....?

[dave777blaster]

Canada no gold lol

there is more gold under Canada than anywhere in the world

[TheSilverWatch]

@dave777blaster Ya and it takes 10 years to bring a Mine up to operating capcity.

[dave777blaster]

@TheSilverWatch Canada is well off 33 million people sitting on 200 quadrillion + in resources

[TheSilverWatch]

@dave777blaster ya and like i said....it takes about 10 years to bring a mining operation up to full capacity (Silver in particular)

[dave777blaster]

@TheSilverWatch So what, we have oil wells capped all over the place ,The last thing we should do is buy gold There is plenty of gold still in the reserved gold fields.

[TheSilverWatch]

@dave777blaster OK, you have revealed yourself to me by your thoughts. There is no further room for discussion with you. We hold different view points and there nothing you can do or say that would change my position on this matter. I am also very convinced that there is nothing I could say to change your position on this matter either therefor, this conversation is terminated.

[hrnciarska]

the dollar is backed by shit.

[vonGleichenT]

Eric your the man.

[joe9083]

The dollar is backed by WMD.

[jamieA1A]

Poor Canada.

[mascar33]

That's what your dealing with right there. Ignorance with a large dose of stupidity thrown in.

The media is a total joke bought and paid for.

I'm a little surprised Eric let it slide.

[73cupcake]

He must've gone to the same journalism school as Bridget Brown!

[zygguy]

What the heck is that guy talking about? The US dollar is not backed by gold!!??. Is he trying to con us or better those who are still in dreamland and still believe government propaganda? This is unbelievable. That's why the mainstream media are nothing but **** because they only known how to lie and make a fool of the people.

[jimbobubbadj]

I disagree. There is enough gold to back all the fiat paper money. It only has to be revalued up to equal this amount of money.

[davidleeco]

US Dollar is not backed by gold.. CTV needs to fire this joker.. or was that intentional (mass disinformation).

[jimbobubbadj]

@davidleeco I believe that this is done on purpose, not by mistake.

[ProphecyResource]

@davidleeco i think (hope ) he was referring to the 76% from earlier

[okben11]

Although they didn't specifically say it, the implication seemed to be that the US dollar was "potentially" backed by gold; i.e. that they have the gold to use as backing, should they choose to do so, whereas Canada does not have that option.

[jimbobubbadj]

@okben11 Here's what he said in verbatim: "right now our reserves are backed by the US dollar which is backed by gold"

[freshdesh]

hahaha, so many ppl think the USD is backed by gold. lawl

[natritious1]

did this moron just say that the US dollar is backed by gold?! 2:14

[outherree]

@natritious1 yup, thought sprott would correct him

[jimbobubbadj]

@outherree I would have.

[SynapticTransmission]

@natritious1 Yep you heard right. That MORON said the US dollar is "backed by gold". LMFAO How god-damned ignorant can you get?

[TheSilverWatch]

@natritious1 Unbelievable ! The interviewer actually believes that the US Dollar is still backed by GOLD ? WOW. He need to do a littel more homework on this subject because his facts are 100% Wrong. 2:15