You're right concerning the big difference in the gold price in USD and CAD. I wasn't aware of the big disparity between the two until You mentioned it the other day.
The problem we face though is that with gold being priced internationally in USD because of it's reserve currency status. The USD is very strong against gold and the CAD is obviously much weaker. The good thing is that the gold reserves are on Canadian soil and make them much more valuable in that regard.
We still need to see much less strength in the USD come before we can resume a bull market in gold.
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