The Bank of International Settlements under Basel-III changed the status of gold as a reserve asset effectively on April 1, 2019. Gold used to be viewed by the banks as a risky asset and classified under “Tier-3”, which meant it was considered risky and could only be carried on ……………………
Will Basel-III Changing Gold’s Status as a Reserve Asset for Banks Change the Future?
Wenn unser Land je in eine Diktatur rutscht, wird es durch die Unterlassung derer geschehen, die schweigen. Wir sind noch frei genug, um zu sprechen.
— Ayn Rand