"Under Basel III rules, every central bank will be able to revalue its physical reserves higher, from a current 50% haircut into a fully cash exchangeable asset."
Wrong. Physical gold carries an 85% haircut under Basel III, contrary to what Macguire says.
We've already been all through this issue.
profit projection 300 million, page-42
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Last
$1.94 |
Change
-0.020(1.02%) |
Mkt cap ! $2.211B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.94 | $1.88 | $4.381M | 2.278M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5205 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.94 | 34015 | 3 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$1.93 |
Change
-0.020 ( 1.58 %) |
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| Open | High | Low | Volume | ||
| $1.91 | $1.93 | $1.88 | 493184 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| RMS (ASX) Chart |