SLR 0.00% $1.57 silver lake resources limited

Its a buy, page-131

  1. 1,300 Posts.
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    Maguire is wrong on Basel 3; gold's treatment as an unreliable bank asset in a serious liquidity crisis does NOT change appreciably.

    Sure, gold is no longer Tier 3. That's because there IS no Tier 3 in Basel 3. Gold is now Tier 1, but it carries an 85% Stable Funding Ratio, same as stocks. Cash (in the bank's home currency) and top-ranked govt treasuries have SFRs of 0%.

    Last edited by PulpCutter: 13/02/21
 
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