The Old Pretender
@Dioclet54046121
The reckoning is closer than many imagine. Just because there hasn’t been any financial drama in the MSM for many years doesn’t mean it won’t suddenly arrive, and worse than the GFC.
After the EU has delayed Basel III implementation, the Bank of Spain is pressurising for swift implementation. There are strong voices on both sides of the divide.
The US may delay the entire Basel III package again, although it may just delay FRTB, in step with the EU and UK, while implementing the rest of the package on 1 July. It would make sense for the US to hide its plans vis-à-vis #gold until the last minute to prevent front running.
Trying to decipher scarce and opaque Basel III public information, I now s-----t the US will implement the #gold-related standards on 1st July 2025, but will delay the stricter endgame (non gold-related) standards. This would mean the final June countdown is about to begin.
Perhaps the BRICS at Rio will make it a hard reset.
Source(s):
https://x.com/Dioclet54046121/status/1927291191176888519
https://x.com/Dioclet54046121/status/1927328569841086562
https://x.com/Dioclet54046121/status/1927651046270144887
https://x.com/Dioclet54046121/status/1927774534305812739
https://x.com/Dioclet54046121/status/1927808041396666702
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