#BaselIII #BIS #gold #fiatcurrency #money #centralbanks #silver #federalreserve #brettonwoods #markets #economics #banking
Today, hopefully, we will put the question of gold becoming a Tier1 or even Tier 2 asset under the Basel III rules to rest.
There has been, unfortunately, a great deal of misinformation pertaining to this question for over two years now.
The conclusion is that it does not matter what the bankers in Basel, Switzerland say about gold as those of us who have done our research know that gold is the ultimate monetary asset and will continue to be so.
Some of the articles in which there are claims about gold becoming a Tier 1 asset:
THE STRONG RETURN OF GOLD TO THE BANKING SYSTEM: https://goldbroker.com/news/basel-III-strong-return-gold-banking-system-1511
How will Basel III rules impact the gold price?: https://kinesis.money/blog/basel-iii-rules/
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