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Basel III

Posted by aurum @ 11:55 on April 3, 2019  

I think it was ororeef who had doubts about how Basel III would affect gold.  His scepticism of the many pumps on sites about it’s effect on gold lead me to a little research.

Gold will be Tier 1 but only with an 85% hedge.  The current hedge is 50%.

Will Basel III Send Gold to the Moon, Report 2 Apr

aurum

 

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.