JaniSwon
It was a biting cold morning in downtown Toronto, the kind where the wind off Lake Ontario cuts right through your coat, when I first realized that the conventional wisdom regarding wealth preservation in Canada was fundamentally flawed. I was sitting in a café near the financial district, listening to a group of older investors discuss their portfolios. The conversation was dominated by one word: Gold. In Canada, a nation built on resource extraction and mining, there is an almost religious reverence for the yellow metal. It is viewed as the ultimate shield against inflation, a bunker for uncertain times, and a legacy asset. I sat there sipping my coffee, looking at my trading terminal, and thinking about how much money they were losing by playing it safe. My own journey as a trader began with that same mindset, hoarding bullion and mining stocks on the TSX, believing I was being prudent. However, experience has taught me that for the modern active trader, gold is often not a hedge, but a liquidity trap that ties up capital when it could be generating exponential returns elsewhere. The static nature of gold clashes violently with the dynamic reality of today's digital markets, where volatility is not an enemy to be feared, but a resource to be harvested.