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basel iii rule delay

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  • basel iii rule delay

    http://www.businessweek.com/news/201...sel-group-deal

    It looks like certain factors of the basel iii banking rules adoption will be postponed for a while. This article does not discuss whether moving gold to a tier 1 asset is among the delays.

    Any thoughts on how the new rules will effect the price of gold? How about a delay of 1 - 4 years??
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