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Re: fink post# 43946

Monday, 06/30/2025 1:46:09 PM

Monday, June 30, 2025 1:46:09 PM

Post# of 48822
Basel III & Tier 1 Status: As of July 1, 2025, gold will be classified as a Tier 1 asset under Basel III regulations, meaning US banks can count physical gold at its full market value towards their capital reserves.

BIS Gold Holdings: The BIS holds a significant amount of gold. As of 2024, its total assets included 8% in gold and gold loans. While its gold holdings are substantial,

Note: The price of gold fluctuates based on market conditions, and you can find real-time updates on gold prices from various financial news sources. The price of gold is currently around $3,297.55.

https://usglobaletfs.com/insights/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status/

I'll stick with $XRP
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