GOLD gold futures
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  1. wrcmad
    1,337 Posts.
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    17/05/21
    11:32
    Post #: 53218477
    "The when knOwNS of Ba$el will drive it even further UP as teir ONe and banks & traders will LOVE LOVE LOVE.."

    Disagree.
    Basel III making gold tier 1 will increase the cost of carry of physical, making it less attractive to hold.
    There is absolutely nothing in Basel III that will drive up the price of gold...... only what the goldbugs have wishfully imagined.
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