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??
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??