Geeze , you better put that crack pipe down . So what your saying my gold bar is worth nothing unless it is backed a mystical coin that vanishes when the power goes out , an overpriced unit in a crumbling complex with nil real returns , equities that report a profit in 2030 if the tea leaves are correct or my super is worth a squillion sheets of toilet paper in 35 years .
I hope your investment strat works well for you and follow your feelings , but why come and downramp a booming asset class ,Basel 3 can be viewed 2 ways , purely from a financial and technical perspective or from a social impact on the everyday joes and jills in society . No matter what happens at Basel if you dont own and hold something of real value it is going to be a hard slog.
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