But that’s the difference between paper gold and actual gold...supply of the former is infinite whilst real gold supply is finite. I actually think this is something to do with the Basel III rule change later this year. If you want to retain gold as a tier 1 asset it needs to be 85% backed by cash...paper gold only requires 5% max
- Forums
- Commodities
- GOLD
- gold
gold, page-93150
-
- There are more pages in this discussion • 34,759 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)