by Kurt Miller | Apr 4, 2022 | Basal III Agreement
-Original article published at BIS. The Basel III reforms have now been integrated into the consolidated Basel Framework, which comprises all of the current and forthcoming standards of the Basel Committee on Banking Supervision. For background, set out...
by Randolph Udd | Mar 31, 2022 | Basal III Agreement
So where are we with Basel III now that the January 1, 2022 effective date has been exceeded? Here’s a quick recap: Basel III has mandated that the bullion banks must have the physical gold in their vaults to meet reserve requirements and can no longer use paper...
by Randolph Udd | Jul 1, 2021 | Basal III Agreement, Gold
What is such a big deal about the Basel III agreement which is to begin implementation at the end of June, 2021? Let’s start with what is it. Basel III. Basel III is an extension of Basel II. The Basel accord is a global, voluntary regulatory...
by Bobby Lee | Mar 24, 2021 | Gold
I’ve been on this small blue dot for 70 plus years and I’ve been studying economic systems for over half that time. Here are two facts: Gold & Silver have been used as money, the world over, for approximately 3,000 years; in the last 100 years...
by Randolph Udd | Jan 21, 2021 | The Market
Many have questioned why has the market continued to rise in time of economic retrenchment due to the pandemic causing lockdowns, business closures and reduced spending by the public. In part, you have the impact of demographics colliding with the business cycle...
by Randolph Udd | Sep 21, 2020 | Gold
If you were unaware of the recent change in investment strategy from the Oracle of Omaha, Warren Buffett, he has bought gold mining company Barrack Gold. This marks a significant change from his past where he shunned gold as an investable asset as it was lacking cash...
by Randolph Udd | Feb 6, 2020 | Uncategorized
Why are the Central Banks around the world buying Gold? We can only speculate on the why as they are not willing to provide a lot of useful answers to the question. With that in mind, here are some facts about the buying patterns which are available regarding central...
by Randolph Udd | Sep 3, 2019 | Gold
Many people are waking up to the changes going on in world trading markets which are impacting the reserve status of the US dollar. We are seeing the Russians and the Chinese trading for oil in rubles and yuan. Some countries* are proposing an alternative to the SWiFT...
by SAUL GOLDBERG, PhD | Jul 5, 2019 | Gold
The message for investors looking for a risk hedge today is Long Gold. There is no question that risks are out there. Hedge funds, money managers and central banks are all buying up gold at record rates for a reason: risk. And Long Gold is the smart move when all...
by Kurt Miller | Dec 12, 2016 | Gold
Gold is holding steady in modest positive territory after the U.S. government reported employment gains last month in line with expectations. February gold last traded at $1,177.70 an ounce, up 0.71% on the day. Bill Baruch, chief market strategist for Chicago-based...
