What’s the actual implication of the Basel III reclassification of gold to a Tier I asset? Keith explains…
Keith Weiner interviewed by SBTV
SBTV speaks with Keith Weiner, CEO of Financial Metals, at The Protected Home gold & silver vault in Singapore about the actual influence of the Basel III reclassification of gold as a Tier 1 asset. Discover out why it’s not good for gold.
Mentioned on this interview:
02:58 Is gold an outdated asset for our trendy occasions?
03:49 Gold is a ‘danger free’ asset.
04:41 Basel III and its influence on gold
10:49 You can not stock gold.
12:38 Crime of ’33 – Roosevelt’s expropriation of gold
20:11 Outlawing gold allowed Treasury bonds to turn into danger free belongings
26:37 Quandary of the Federal Reserve Notes & Treasury Bonds
27:54 Advantages of a Gold Customary vs fiat forex system
32:51 If gold value hits $10000…