There’s been a lot of talk lately about gold being reclassified as a Tier 1 High Quality Liquid Asset (#HQLA) under Basel III, supposedly on July 1st. It’s not happening. It was never happening. And the confusion tells us something worth paying attention to. In this episode, we explain where the rumour came from, why it spread, and what the rules actually say. We also explore why #gold still isn’t considered a Level 1 HQLA, despite meeting all the usual criteria and whether that matters at all. We look at how #BaselIII treats physical vs paper gold, why central banks are buying more gold than ever, and what it means when an asset works as a safe haven… even when it isn’t officially recognised as one. Much of the most thoughtful analysis on this comes from the GoldCore's and the LBMA's Edel Tully and colleagues, whose work continues to challenge assumptions about how gold should be treated under modern liquidity rules. Remember! It’s not about what the system says - it’s about what it does. Download The Exit Plan here: https://info.goldcore.com/the-exit-plan If you're looking to buy gold or silver coins or bars, GoldCore currently has good stocks available visit the following website to learn more: US & ROTW - https://www.GoldCore.com UK - https://www.GoldCore.co.uk Ireland - https://www.GoldCore.ie _________________________________________________________________ GoldCore TV is the home of precious metals market information. Our channel features news, interviews, and podcasts with prominent industry figures to help people make informed investment decisions. Subscribe to our channel to stay up to date on the latest precious metals news and views. Follow us on social media: Facebook - https://www.facebook.com/GoldCore Twitter - https://twitter.com/GoldCore Disclaimer: Videos published are not investment advice and the views expressed may not reflect those of GoldCore ltd. |
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