gold, page-95473

Certainly any "unconnected" central banks that know the "game" are rightfully loading up on gold.
Yeah anytime there's a Body Corporate it ends up being political and stupidity comes to the fore.
The biggest interest in Basel 111 is how the fraudsters manage to deal with unallocated gold as a trading vehicle because if they are actually restricted to backing trades on a par basis with actual metal then its game over and especially if the ETF's are forced to back their holdings 1 for 1 then we've got some serious volatility coming because these guys are nowhere near a 1 to 1 ratio.
They will have to shake out as many holders as possible meaning lower prices and more physical demand.
We shall see.