
Canada sells off most of its gold reserves
http://www.cbc.ca/news/business/gold-ca ... -1.3443700
"The decision to sell the gold was not tied to a specific gold price, and sales are being conducted over a long period and in a controlled manner," Finance Department spokesman David Barnabe wrote in an email to CBC News.
"The government has a long-standing policy of diversifying its portfolio by selling physical commodities (such as gold) and instead investing in financial assets that are easily tradable and that have deep markets of buyers and sellers," he said.