Gold performs as well as 30-year Treasuries, should be recognised as a High-Quality Liquid Asset - WGC
As JP Morgan noted: "Gold is money. Everything else is credit."
Gold is not currently classified as a High-Quality Liquid Asset ('HQLA') under Basel III but its performance during times of crisis rivals that of intermediate and long-term U.S. Treasuries.
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
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