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"With implementation of Basel 3 being delayed until 1 Jan 2023...

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stelios

900 Posts.

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18/01/22

07:08

Post #: 58933351
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Originally posted by hobbietrader: ↑

I have no doubt Basel 3 will have a material impact on the gold price and may be a game changer. With implementation of Basel 3 being delayed until 1 Jan 2023 when do we expect increased buying from banks to support the gold price?

Gradual buying through 2022, second half of 2022
or very late in 2022 and into early 2023?

apologies if this is a newbie question as this is not an area of expertise for me

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"With implementation of Basel 3 being delayed until 1 Jan 2023 "
What make you think Basel 3 is delayed?

According to Andrew Maguire Basel 3 is happening now like a "Tanker changing course"
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