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dorismd2001

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dorismd2001

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Monday, 05/31/2021 11:47:28 AM

Monday, May 31, 2021 11:47:28 AM

Post# of 30708
Basel III - Paper gold will be gone forever

How much will the gold price go?

If we were to see unallocated gold (paper gold) disappear – and given the haircut it is highly possible if not considerably reduced – then we could see the supply of gold shrink by 100:1 going on the basis of the paper trade ratio.

If the LBMA collapses then I wouldn’t want to even guess how high gold and silver goes.

https://www.investing.com/analysis/basel-iii-and-gold-five-weeks-and-counting-200581989

https://www.fsb.org/work-of-the-fsb/implementation-monitoring/monitoring-of-priority-areas/basel-iii/

inflation... gold bull market... BONZ
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