Gold, Basel III and the SDR.
- maneco64
#gold #BIS #FSB #IMF #banks #tier1 #centralbanks #federalreserve #reset #money #risk
Today we will look at the Basel III regulatory framework and the talk that gold will become a Tier 1 assets under this framework. We will also touch upon the SDR or the Special Drawing Rights. Our conclusion is that this Basel II and gold as a Tier 1 asset has been hyped for over two years by the same people and that we should not get too bogged down in this matter.
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One of my videos about Basel III back in 2019: The Truth About Gold, Basel 3 and March 29th.:
https://youtu.be/-NSdYSWS10o
SDR as Global Reserve Currency Would Be Even Worse Than Petrodollar.:
https://youtu.be/ZltTUbwcmX0
Currencies Today Are “IOU Nothings”: https://www.aier.org/research/currenc…
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