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The Old Pretender: July 1st Basel III Compliance Audit

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The Old Pretender
@Dioclet54046121

The nitty gritty of Basel III NSFR: Allocated gold held in bank vaults is given 100% of its price. However, unallocated (paper) gold held in clearing houses is subject to a 20% price reduction. Will this be implemented for US banks soon, or delayed again?

https://www.kitco.com/news/article/2025-05-14/not-so-fast-says-lbma-despite-rumors-basel-iii-has-not-declared-gold-high

What does @andrewmaguire1 mean by “the upcoming necessary 1st July Basel III compliance audit, which would be required for the US Treasury to exercise its gold revaluation account, which is revaluing gold to market.” (around 18:45)?

With uncertainty about Basel III changes and a Rio Reset, opinions vary on whether July will be seismic for #gold and #silver. Do you think it’s best for people to 1. bet their future on July being a nothing burger or 2. take precautions and buy physical metals before July?

Source(s):
https://x.com/Dioclet54046121/status/1924057023080964301
https://x.com/Dioclet54046121/status/1924075816142376967
https://x.com/Dioclet54046121/status/1924325040717181361

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