Americans bought a lot of Canadian gold

Canadian gold exports jumped in April, pushing the nation's export volumes to record highs, according to Statistics Canada.
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The soaring metal product exports included rising gold shipments from Canadian financial institutions to the United States. Statistics Canada said that increased interest in Canadian gold products indicates economic uncertainty.

"The gain largely reflected higher transfers of gold assets from Canadian financial institutions to the United States," the press release added. "These increases came amid a context of economic uncertainty when investors tend to favor safe-haven metals such as gold and silver."

These elevated levels are not expected to last into May or June, Reuters quoted Stuart Bergman, chief economist at Export Development Canada, as saying.

"The cautionary note is many of those volume shipments reflect those truckloads of gold being shipped down to the U.S., and so certainly that's not something that we would expect to see repeated in future months," Bergman said. "At face value, the headline number is fairly good, but as you dig a little bit deeper, there is cause for some concern as to whether we would expect to see these export gains repeated in May and June."
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jrog100 said:

Yeah, I try not to buy anything canadaian since there prez is a cuck bitch, just like amerikkka's.

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Voodoo said:

So you will also avoid the Perth and Britannias and S. America and Philharmonics.... gonna be left with?

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